I formed the opinion some time ago that it was a load of old bollocks.
Far better simply to have belief in yourself, and get on the usual tack of make money, train, make money, train, make money...ad infinitum
The people behind 'Malgus' may well have honourable aims. They probably do. In the same way that any enterprise involving SELLING will justify its existence.
But, its also a business. At the end of the day, a lot of 'disappointed' wedge goes towards paying for the lucky contender's training.
For those that have taken value in defeat from the feedback (test results and gaining experience of selection procedures etc) then good on you, at least you are reacting positively.
As the above post shows there has not been one entrant into training under the scheme to date.
Advise you use the pprune search function and bring yourself up to speed on the whole thing.
Regards,
JH