The exam, run by the CFA institute, has already prepared over 150,000 financial sector professionals through its intensive 3-tiered program, which is now set to include crypto and Blockchain as part of its Level I and II curricula.
As per Bloomberg, CFA said that surveys and focus groups showed a “surging interest” in this field. Stephen Horan, managing director for general education and curriculum at the CFA Institute in Virginia, USA, explained:
“We saw the [crypto and Blockchain] field advancing more quickly than other fields and we also saw it as more durable. This is not a passing fad.”
Crypto and Blockchain technology have now been added as part of a new section called ‘Fintech in Investment Management.’ The materials for this section will be released this August in preparation for CFA’s 2019 exams. The study time is 300 hours before the exams.
Horan said that further subjects, such as the intersection of cryptocurrencies and economics, could be introduced in future. For now, the new section will also cover topics such as artificial intelligence (AI), machine learning, big data and automated trading.
A big group of people, comprising 227,031 candidates from 91 countries and territories, was registered to take the CFA exams this June. The majority of them came from such Asian countries as South Korea and Japan, which are considered to be homes of two major crypto markets.
Earlier this month, the prestigious London School of Economics (LSE) revealed a new online course on cryptocurrency investing that will start in August 2018. The University of Malta, which is called a “Crypto Island” and known for its pro-Blockchain stance and regulations, announced the launch of a specialized Blockchain degree as of October, 2018.
A number of leading international universities are introducing Blockchain, smart contract, and cryptocurrency-related courses. A group of University of Oxford academics has recently turned thier eyes to the technology to modernize the architecture of institutional learning, hoping it will become the world’s first “Blockchain university.”