Duke in Chicago – Finance
A 4-WEEK SUMMER FINANCE PROGRAM
Experience Chicago’s unique finance scene
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.
- MISSION & GOALS
The course offered on the program is ECON 307A: Understanding Financial Bubbles and Crises (curriculum codes pending approval)
Faculty: John Caccavale
This course examines the similarities/differences of historical financial crises from “Tulipmania” through the Great Recession to better understand our current economic environment. Explores the regulatory changes that are enacted post-crisis and determines factors that might prevent future economic bubbles/crises. Class includes guest speakers from the Chicago financial community who experienced recent crises from 1987 Black Monday Crash through Credit Crisis of 2008 to provide an inside view and feel of the markets during those periods. Pre-requisite: ECON 101. One course.
Instructor: Caccavale. Worth one Duke course credit.
MISSION & GOALS
The overarching objectives of Duke in Chicago include
- educating students about the key concepts and players that drive global capital markets
- introducing them to the landscape of finance jobs in Chicago, which differs from that in other U.S. financial centers
- facilitating student engagement with Chicago-based Duke alumni
Students will leave the program with in-depth knowledge of the financial markets and increased comfort communicating with professionals, which will serve them both in further study of economics and finance and in interviewing for internships and jobs.
- PROGRAM SCHEDULE
- ACCOMMODATIONS & MEALS
Program period: May 20 – June 19, 2017
Students will have class in the morning Monday through Thursday with site visits in the afternoon 2-3 days a week.
ACCOMMODATIONS & MEALS
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.
PROGRAM FACULTY & STAFF
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.
GEO Program Manager
Deadline: February 1
The application for the Duke in Chicago-Finance program opens on November 1. Applications will be accepted on a rolling admissions basis. The program is open to Duke sophomores only.
Non-Duke students are not eligible to participate in this program.
Students applying to the Duke in Chicago-Finance program should submit the following to the Global Education Office, no later than February 1. A complete application includes the following:
- Online application
- Official transcript(s) from all colleges and universities attended. First year students should wait for fall semester grades to be posted.
- Personal statement, no longer than one page, explaining why you would like to participate
- Resumé (See: Resumé Tips from Duke Career Center)
Once you have submitted an application, you will be asked to interview with the faculty director.
Prior experience or coursework in finance is not required. The program is open to all majors.