LTIF Frequently Asked Questions
Who oversees and implements the Long-Term Investing Fellowship?
The director of this program is Dr. Ashby Monk, with support from the entire team at SLTI and staff through the Stanford School of Engineering.
What career paths do LTIF Fellows pursue after the program?
Fellowship alumni may pursue a wide variety of careers. The job at a pension fund can take you to public service or professional investing.
How does the fellowship differ from a traditional master's (or other advanced degree) program?
The Fellowship is not a Masters program. It is a one-year, fully-paid work experience. For context, our inspiration for this program is the ‘Presidential Innovation Fellows’, ‘Teach For America’, and ‘The Peace Corps’. Our Alums will learn through both training and doing.
How many LTI Fellowships are available?
Four. In the first year, we plan to place four fellows at CalPERS. Based on the learnings of this, we plan to expand to more fellows and more partnering organizations.
How many applications do you typically receive, and how many people do you interview?
This is the first year! We’ll report this data next year.
When is the application deadline?
Applications for the 2024-25 Fellowship cohort are due May 15, 2024.
Who should apply?
We encourage all US and non-US citizens interested in the program to apply. We are interested in applicants from diverse backgrounds and disciplines. We look for individuals with outstanding credentials and references. As part of Stanford University, SLTI is an equal opportunity employer. We are committed to diversity at every step of the recruitment process, and we recognize that differences in age, race, gender, nationality, sexual orientation, physical ability, thinking style and background bring richness to our program.
What if I have a nontraditional finance or investing background?
We accept applications from any individuals who have demonstrated exceptional creativity and/or innovation in their professional or academic careers.
Can I apply if I am not a US citizen and/or do not have a current visa?
Applicants do not need to be US citizens. We welcome international applicants and will work with you and your family to secure visas and eligibility to work in the US if you are accepted into the Fellowship. In compliance with federal law, you will be required to verify identity and eligibility to work in the United States upon starting the Fellowship.
How many letters of recommendation must I have?
Three letters of recommendation are required. We must have all three letters by the application deadline or your application will not be considered.
Who should write my letters of reference?
Teachers. Coaches. Employers. Lecturers. Managers. Advisors. In short, we are looking for references from people in positions of authority that can speak to your integrity, grit, capacity, passion, curiosity, and potential.
What is the application fee?
Zero.
Can I visit SLTI to learn more?
Unfortunately, due to the number of requests we receive and the importance of maintaining a "level playing field" for all candidates -- including those who reside in other states and countries -- we are not able to accommodate in-person visits. Thank you for your understanding.
When are the interviews?
Applicants selected to interview for the 2024-25 fellowship will interview virtually in the third and fourth week of June 2024.
When will the finalists be notified about acceptance decisions?
Late June or Early July 2024.
Is the fellowship a full-time employment commitment?
Yes.
Can I take other Stanford courses while completing the Fellowship?
This is possible, but it might be difficult given Fellows are physically in Sacramento, California (about a 3 hour drive from Stanford) for most of the year.
Do the Fellows receive compensation?
Compensation for the 2024-25 is competitive with other junior-level finance / investment positions being offered.
Do the Fellows receive benefits?
Yes. As University employees, Stanford University health insurance coverage is available for Fellows, spouses, and dependents, if desired. The plan includes medical, dental, and vision coverage, as well as mental health and maternity/paternity benefits.
When are the interviews?
Applicants selected to interview for the 2024-25 fellowship will interview virtually in the third week of June
When will the finalists be notified about acceptance decisions?
End of June 2024.
