Praeclaria placements give a small number of secondary students a place inside a proprietary trading firm before university — most never reach it this early. Each placement is built around one investment idea, one supervisor, and an investment strategy the student builds and can speak to — Foundations, Fellowship, and the Advanced Fellowship.
Foundations is a first place inside a proprietary trading firm. Matched to a supervisor, the student frames a market question, works through public-market data, and builds it into a concise investment strategy, set down as a memo. It suits students who want a serious first foothold in finance before a longer placement.
The Fellowship is Praeclaria's core offering. Students work under professional supervision to develop one investment idea into a full strategy proposal, supported by market evidence, modelling, and revision, and present it to the firm's investment committee. It is designed to give a student a substantive finance centrepiece: work they can explain clearly and discuss in detail.
The Advanced Fellowship is for students who want a more substantial and differentiated record. It runs in two parts — a research role inside the firm, then a position as an Associate Portfolio Manager at an incubator for emerging managers, where the strongest students keep running their strategy on a renewing basis. It suits students ready to make markets or quantitative research a central part of their pre-university record.
Capacity is intentionally limited.
Places depend on supervisor availability inside the firm. Admission is by written application review and fit with available research tracks.