In Another Historic First, Wharton School Will Accept Payment In Crypto

The University of Pennsylvania’s Wharton School of Business has many historic firsts under its belt. Founded in 1881, it was the first collegiate business school in the world. Wharton also granted the first-ever MBAs in health care management, international management, and entrepreneurial studies. Now, as of its upcoming six-week course “Economics of Blockchain and Digital Assets,” Wharton will be the first Ivy League or U.S. business school to accept payment from students in cryptocurrency.

Together with partners from Prysm Group consulting, this course will offer a certificate to executives and business processionals “seeking to learn about blockchain and digital assets through its value-driving principle: economics,” as the Wharton School put it in a statement. Students will be permitted to pay their tuition for the course via Coinbase in Bitcoin, Ether, and other cryptocurrencies.

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This course comes at a moment when digital assets are quickly becoming an indispensable part of the business world, with a 2021 survey by Deloitte finding that more than three-quarters of “business partners, suppliers, customers, and/or competitors are discussing or working on blockchain, digital assets, and/or cryptocurrencies in context to solutions or strategies.” The momentous crypto-backed course curriculum will be based on real-world case studies and immediately applicable valuation and investing training.