Fellowship.
Twelve weeks online. Paired with a senior analyst or researcher at the firm. Closer supervision over a narrower investment thesis.
The work
The Fellowship question is set with the supervisor at the start, and is typically narrower and more demanding than the Foundations version. The work goes further — more iteration on the model, more development of the case, a higher standard of review.
The student leaves the program with a written investment thesis, the model and analysis behind it, and a record of the supervisor's review.
Who it is for
Students who have done meaningful prior quantitative or research work, in school or independently, and who can sustain twelve weeks at higher intensity. Foundations students progress to Fellowship by invitation; direct admission is possible.
Supervisor
A senior analyst or quantitative researcher at the firm.
Application
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.