Financia Business School, an institute of higher learning in Paris that focuses on finance and business studies, now offers study programs and courses on blockchain technology. The degree-granting institute is also the first school in France to accept bitcoin (BTC) payments.
Established in 2014, the Financia Business School offers postgraduate courses such as a masters in business administration (MBA), and other finance-related post-bachelor degree programs.
As mentioned, Financia also has courses on blockchain and emerging fintech. Many of the institute’s alumni work for large Paris-based financial institutions including Société Générale, BNP Paribas, and Crédit Agricole.
Making It Easier To Pay For School
Financia’s management noted they closely follow the latest developments in the fintech and business sector, and that accepting payments in cryptocurrency has allowed them to enroll students who would have otherwise had a difficult time paying tuition fees.
Financia explained that foreign students account for approximately 25% of its total enrollment, and they often find it difficult to make payments to the school due to the complex nature of money transfers. Allowing students to pay with crypto has not only made it easier for them to pay for school, but it has also made it easier for the Paris-based institute to track transactions.
Notably, Financia has partnered with Coin Capital, a “multi-manager crypto hedge fund” that offers investors the option to invest in over 40 different cryptocurrencies through a single portfolio. The partnership with Coin Capital allows Financia to accept digital currency payments from students.
Five Students Have Paid In Crypto So Far
Only five students have paid tuition fees in crypto for the academic year (AY) 2018. One of the students, Adam Hasib, revealed that he was an early bitcoin investor and that his investment is now helping him to pay for his studies at the Financia Business School.
Commenting on his experience as an early crypto adopter, Hasib said:
I became interested in this technology very early on and quickly became a staunch follower of the Blockchain’s decentralized model. By June 2017 I had acquired my first bitcoins, which allowed me to pay the registration deposit at school.
Other colleges and universities in Europe have also introduced various courses on blockchain technology. The London School of Economics (LSE) began offering a course called “Cryptocurrency Investment and Disruption” in July of 2018.
As explained on LSE’s official website, the course has been designed to help students “learn how people interact with cryptocurrency structures, including exchanges, wallets and ICOs.” As covered on CryptoGlobe, New York University (NYU) now offers graduate-level specializations in cryptocurrencies
