The role of the graduate program in physics is to facilitate the transition of talented students to capable and accomplished, world-class researchers. The Michigan program is flexible and individualized, with an emphasis on mentorship over formal requirements. Along with a short time to completion and a successful graduation rate, the program offers a flexibility that accommodates the diverse preparation, interest, and learning styles of its students. The most important factor for the successful transformation of a promising student into a capable researcher is the identification of research advisor. This is a delicate match between interests, skills, and personalities.