Duke in Chicago – Finance


Experience Chicago’s unique finance scene

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Meet Chicago-Based Duke Alumni in Finance & Business

The Duke in Chicago Finance program is a four-week, one-course summer program for Duke students with career interests in finance and business. The Duke Global Education Office for Undergraduates (GEO) administers the program in conjunction with the Duke Financial Economics Center and the Duke University Economics Department.

In addition to in-class lectures, discussion, and projects, the core learning opportunities include guest lectures, mainly by Duke alumni working in finance and business in the Chicago area, and visits to financial firms as well as historical and cultural sites. Students engage with alumni working in a variety of areas within the finance field, including corporate finance, private equity, asset management, investment banking, sales and trading, hedge funds, and financial management in the non-profit sector.

Visits to sites such as the Chicago Mercantile Exchange and the Federal Reserve Bank of Chicago provide context for course material and exposure to professional environments. Chicago walking tours and boat rides expose students to the city’s architecture and history. Group outings may also include visiting one of the city’s renowned museums or watching a Cubs game at Wrigley Field.

Prior experience or coursework in finance is not required. The program is open to Duke sophomores only. Students from all majors are welcome to apply. While participating students are free to obtain internships after the program concludes, the purpose of the program is not to place students in internships.


Location: Chicago, Illinois, USA

Term: Summer

Dates: May 15, 2018 - June 14, 2018

Application Deadline: February 1, 2018

Academic Theme(s): Finance

Credit Type: Duke Credit

Eligibility: Successful completion of ECON 101. Minimum 2.5 GPA. Open to Duke sophomores only. Open to students in any major. Non-Duke students are not eligible for this program.

Duke Affiliation: Duke Financial Economics Center and the Duke University Economics Department

Housing: Residence Hall

GEO Advisor: Carolyn Covalt


All students be enrolled in the following course. Neither the pass/fail option, nor auditing is permitted.

Global Capital Markets

(SS, W) 1.0 Credit, Instructor: Caccavale

Pre-requisite: ECON 101

This course offered on the Duke in Chicago Finance summer program examines financial markets and the role of investment banks as intermediaries. Divisions and functions within investment banks: sales and trading, corporate finance, research, and wealth management. Impact of global current events on financial markets around the world, and the importance of Chicago as a global financial center. Visiting speakers from Chicago-based firms provide in-depth analysis of the various roles and opportunities in the Chicago financial arena.

Please note that this is a new course for the Duke in Chicago Finance program.


Students are housed in apartment-style residence halls at Roosevelt University in downtown Chicago, an area with many diverse restaurants. Breakfast is included in the cost of the program, and kitchen areas are also available in the residence halls. Weekly linen service is also provided.


Summer 2018

Estimates are based on previous years’ programs. All costs are subject to change.

  Duke Students
Tuition $3,390
Program Fee $TBD
Transcript Fee N/A
Other Costs Other Costs
TOTAL (Estimated) $TBD

Payment Due Dates

Step 1: Within 2 weeks of acceptance to the program, submit the Summer Participation Agreement found in your MyGlobalEd application to confirm your enrollment. A parent/guardian’s co-signature is required. This form takes the place of a deposit.

NOTE: If you withdraw after March 31, you will be charged a cancellation fee of $1,500 for this 1-credit program.  

Step 2: Summer invoices will be sent via email to your Duke email address and home email address. Remit payment to the Bursar per due date and address indicated on your online statement. All financial arrangements involving Duke University must be completed prior to departure for the program.

Duke Bursar’s Office

Financial Aid

Duke students receiving financial aid are eligible for aid for this program (work-study funds must be converted to loans). Students are individually responsible for making the necessary arrangements with the Office of Undergraduate Financial Aid and the Bursar.

Duke Financial Aid Office 

Duke Bursar’s Office


Attendance is required at all classes, excursions, and group events. Given the intense nature of this program, late arrival and/or early departure is not permitted.

Arrival: May 15, 2018
Departure: June 14, 2018


You will make your own travel arrangements to and from the program site. You are expected to arrive on the arrival date cited above.

Housing Before/After

You will need to make your own housing arrangements if you will be arriving before the program start date or leaving later than the program end date.


Program faculty director(s) can assist with questions related to program academics, admissions, on-site needs, etc. For all other inquiries, please contact the GEO representative listed.

Faculty Director

John Caccavale

Executive in Residence of Economics

GEO Program Manager

Paul Paparella

GEO Asst. Director & Regional Manager


Deadline: February 1, 2018

This program has rolling admission. Applications will be considered on a first-come, first-served basis until the program fills; after that, qualified students are added to a waitlist and notified of openings. Applications must be received by the deadline to be considered. Application opens November 1.

Priority: Priority is given to applicants who apply early.

Minimum GPA: 2.5 on a scale of 4.0. 

Non-Duke students: Non-Duke students are not eligible to apply to this program.


Apply Now

Start your application early to ensure that it is complete by the deadline! Incomplete applications will not be forwarded to the program directors for consideration.

Submit the following items using MyGlobalEd:

  1. Online application
  2. Official transcript(s) from all colleges and universities attended. First year students should wait for fall semester grades to be posted.
  3. Personal statement, no longer than one page, explaining why you would like to participate
  4. Resumé (See: Resumé Tips from Duke Career Center)

Once you have submitted an application, you will be asked to interview with the faculty director.