Duke in Chicago – Finance


Program Alert

This program has been cancelled for Summer 2020. Please reach out to GEO Program Manager Amy Bowes if you have any questions.

Experience Chicago’s 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. 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.

NOTE: 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 20, 2020 - June 19, 2020

Application Deadline: Extended to March 1st

Academic Theme(s): Finance

Credit Type: Duke Credit

Eligibility: Minimum 2.5 GPA. Prior experience or coursework in finance is not required. Open to students in any major. Preference is given to Duke rising juniors (students who have completed their sophomore year). 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

  • Duke in Chicago Finance students

  • Duke in Chicago Finance students

  • Duke in Chicago Finance students

  • Duke in Chicago Finance students

  • Duke in Chicago Finance

  • Duke in Chicago Finance

  • Duke in Chicago Finance

  • Duke in Chicago Finance students

  • Duke in Chicago Finance

  • Duke in Chicago Finance students

  • Duke in Chicago Finance

  • Chicago in the summer


All students enroll 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: None

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.


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. 


Summer 2020

These costs are estimated based on previous years’ programs and the current exchange rate. All costs are subject to change.

  Duke Students
Tuition $3,579
Program Fee $2,440
Transcript Fee N/A
Other Costs Other Costs
TOTAL (Estimated) $8,494

Costs FAQ

Financial Aid

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 20, 2020
Departure: June 19, 2020


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

Amy Bowes

GEO Asst. Director & Regional Manager


Deadline: Extended to March 1st

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.

Physical Requirements

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:

  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 before submitting their transcript.
  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.


“One of the most valuable parts of the program was having a ton of different Duke alumni come in and talk about their careers. One of the main takeaways from the class was an understanding of just how many different areas of finance there really are."

–Tom Sullivan '20


“My favorite site visit was definitely to Madison Dearborn, we got to meet the chairman of Madison Dearborn Partners and have lunch with him...he’s a living legend!"

–Karl Harrison '20


“Our visit to the Art Institute of Chicago was phenomenal, it really gave me an experience firsthand how finance doesn’t just have to be at an investment bank or hedge fund. It’s reassuring to know that there are so many jobs out there that you can take this career path into.”

–Tian Tian '20