Fellowship.
Twenty-four weeks online. The flagship placement, paired with a more experienced researcher at a proprietary trading firm. A developed strategy, supervised across two academic terms, presented to the firm's investment committee.
The work
The Fellowship question is set with the supervisor at the start and developed across two academic terms. The work is narrower and more demanding than the Foundations version — more iteration on the model, more development of the case, a higher standard of written review.
Toward the end of the second term, the student presents the strategy to the firm's investment committee. The student leaves with a written investment proposal, the model and analysis behind it, the committee's written review, and a letter of reference from the supervising researcher where earned.
What the student leaves with
- An investment strategy proposal.
- An evidence base or model built on public-market data.
- Supervisor review.
- Committee-style presentation experience.
- A professional reference where earned.
Who it is for
Students who have done meaningful prior quantitative or research work, in school or independently, and who can sustain two terms of supervised work at progressively higher intensity. Foundations students progress to the Fellowship by invitation; direct admission is possible.
Supervisor
A more experienced researcher at the firm — someone whose own work has been at the firm for several years.
Application
The Fellowship is admitted by written submission, a thirty-minute conversation, and, where applicable, a review of prior work. Test scores are read; letters of recommendation are not considered.