More Exclusive Than Harvard: “Fund University” Reveals the “Decisive Gap” in Talent Development
An article titled “More Exclusive Than Harvard: ‘Fund University’ Nurtures Investors with a 0.5% Acceptance Rate and $100,000 Salaries” appeared in the April 1st edition of the Japanese business daily, Nikkei.
In essence, it highlighted the growing trend in the U.S. where hedge funds and venture capital firms are attracting top young talent with high-paying, hands-on training programs. These programs are notoriously selective, boasting acceptance rates lower than that of Harvard University, and are designed to combat the fierce competition for talent from the tech industry while addressing the evolving skill sets required in finance.
This news sheds light on a reality that the Japanese financial world has long ignored.
Why did this phenomenon, which has been gaining momentum globally for the past 2-3 years, only surface in Japanese newspapers on April 1st?