Amid a brutal hiring war, Steve Cohen’s Point72, Ken Griffin’s Citadel and other giant hedge funds are going in a radical new direction: Training schemes for in-house superstars. Citadel had more than 136,000 applications from graduates and post-graduates this year to join or intern at the firm. It’s acceptance rate is less than half a percent, well below #harvard and #massachusettsinstituteoftechnology. Nishant Kumar joins Bloomberg Radio’s Caroline Hepker and Stephen Carroll to discuss.
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