Duke in Chicago – Finance
A 4-WEEK SUMMER FINANCE PROGRAM
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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. Preference is given to Duke rising juniors (students who have completed their sophomore year). 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.
PROGRAM FAST FACTS
Location: Chicago, Illinois, USA
Dates: May 15, 2019 - June 14, 2019
Application Deadline: February 1
Academic Theme(s): Finance
Credit Type: Duke Credit
Eligibility: Minimum 2.5 GPA. Open to students in any major. Non-Duke students are not eligible for this program.
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
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.
HOUSING & 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.
These costs are estimated based on previous years’ programs and the current exchange rate. All costs are subject to change.
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Personal expenses can fluctuate greatly depending upon habits and preferences of the individual. It’s also wise to budget for unexpected expenses such as medical emergencies. You can use a cost-of-living comparison tool to get an idea of what daily life costs in the program host location.
Step 1: Upon acceptance to the program, you must 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 15, you will be charged a cancellation fee for voluntary withdrawal. Fees range from $1,500-2,000.
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. Consult the Duke Bursar's office billing schedule for payment due dates.
Duke students receiving institutional need-based grant aid are eligible for aid for this program; work-study funds are converted to grants. Students are individually responsible for making the necessary arrangements with the Karsh Office of Undergraduate Financial Support and the Duke Bursar’s Office.
Non-Duke students are not eligible to receive financial aid at Duke and should contact their home institutions for financial aid information.
This program offers the following scholarship opportunities:
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, 2019
Departure: June 14, 2019
You will make your own travel arrangements to and from the program site. You are expected to arrive on the arrival date cited above.
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 & 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
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 rising juniors who meet the pre-requisites and 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.
Before applying to this program, please take into consideration the light physical demands required by some of this program’s activities. Activities include walking moderate distances on sometimes hilly, uneven, and/or cobbled terrain, climbing up stairs, using public transportation, and standing during tours and site visits. If you have questions or are concerned about any of these activities, please contact the faculty program director.
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:
- Online application
- Official transcript(s) from all colleges and universities attended. First-year students should wait for fall semester grades to be posted before submitting their transcript.
- 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.