Yale is turning to its longtime endowment CIO David Swensen to help develop the next generation of asset managers by teaching in its new master’s program. This according to a recent article in Bloomberg.

Swensen, who has run the school’s $29.4 billion endowment since 1985, will teach in the one-year program starting in the 2020-2021 school year (with a class of 20-25 students), according to program director Tobias Moskowitz.

“Yale is among universities capitalizing on the demand for specialized degrees in varying disciplines related to finance,” the article reports, adding, “The goal is to give recent college graduates an edge in an industry that is experiencing increased pressure on revenues as investors turn to cheaper index-based products such as exchange-traded funds.”

According to Moskowitz, the asset management degree is more specialized than a traditional MBA. It is intended for students with less than three years of work experience who want to understand “the application of data, statistical, mathematical and economic frameworks in the investment industry.”