Career Planning

UChicago Economics majors pursue diverse career paths, with finance being the most common. Recent graduates have secured positions at leading financial institutions such as Bank of America, Citigroup, Goldman Sachs, JP Morgan, and Morgan Stanley. Consulting is another popular choice, with alumni joining firms like Bain & Co., McKinsey & Co., and the Boston Consulting Group. Other graduates continue to graduate school, work in tech at companies like Google, or enter corporate roles at firms such as Bloomingdale’s and Unilever. Some pursue careers in public interest sectors, including education, nonprofits, and government. Below are some excerpts from recent graduates on how they apply their UChicago Economics degree in their everyday jobs.

 

Standard Track

“I have always been interested in energy, particularly power markets. Keeping the lights on requires matching generation to customer demand while incentivizing new generation and transmission investment at the lowest possible cost. CRA’s clients, including utilities, regulators, investors, and other interested parties, need relatively technical analysis to understand how these markets work, where they are headed, and what it means for their specific situation.

 

My day-to-day tasks vary widely, but I have found that my undergraduate experience has had a lasting effect: especially its emphasis on building models and frameworks to analyze complex situations, analytical rigor, and second-order thinking. I majored in Economics because I thought (and still think) that it teaches useful quantitative frameworks for understanding the broader world. I’m lucky to work for interested parties seeking reasoned and rigorous answers, and in an industry that understands the importance of good data. It is satisfying to apply concepts and methodologies I learned as an undergraduate, from simple supply-and-demand models to mathematical optimization and econometrics, and use them to generate answers to what I think are very important questions.”

 

Benjamin Bermann, Class of 2025
Energy Analyst at Charles River Associates(CRA), Washington, D.C.

Business Economics Track

"My UChicago Economics degree has helped immensely to how I approach growth and later stage investing at Battery Ventures. The thinking through incentives, market structures and dynamics, and data-driven analysis are skills I built while at UChicago and shape how I evaluate companies every day. UChicago taught me to ask the right questions and to examine beyond what is on the surface"

 

Julia Craig, Class of 2025
Investor at Battery Ventures, Boston Massachusetts

Data Science Specialization

"The biggest thing I took away from studying Economics at the University of Chicago was learning to think through incentives. Today, in my role in Product at Insurify, that's often the first question I ask when I'm trying to understand user behavior, evaluate competitors, or discuss product decisions with teammates. Thinking about why people make the choices they do has become second nature, and it shapes much of how I approach my work.

 

Another lesson that has stayed with me is the importance of building simple models for complex problems. At UChicago, we used economic models to understand complicated systems. Today, I use the same mindset to structure product strategies, interpret A/B test results, and prioritize opportunities instead of trying to solve every problem at once.

 

Econometrics also changed the way I think about data. Rather than relying on intuition, I learned to ask whether the evidence actually supports a conclusion and to distinguish correlation from causation. Whether I'm evaluating an experiment or recommending a product direction, I still find myself applying the same questions I learned in those classes.

 

Perhaps most importantly, UChicago taught me to develop thoughtful, evidence-based opinions and communicate them clearly. Product development is highly collaborative, and many of my days are spent discussing ideas with engineers, designers, and other product managers. The ability to support recommendations with data while remaining open to new evidence has been one of the most valuable skills I've carried from the classroom into my career.”

 

Patty (Yue) Pan, Class of 2025
Business Data Analyst, Insurify
Resources for Finding Jobs and Internships

 

Jobs

Students should become familiar with the services of the University’s office of Career Advancement. Additionally, for those students and alumni seeking jobs in the field of economics we ask that you self-subscribe to our Jobs listserv. Job listings are passed on to the listhost.

For those wishing to recruit our economics students please contact Julie Wong. 


 

Internships

Internships can also provide useful experience for employment and graduate studies. As a supplement to the services offered at the offices of Career Advancement, those students seeking internships in the field of economics we ask that you self-subscribe to our Internship listserv. Internship listings are passed on to the Listhost. Internship offerings and interview preparation are available through the University’s office of Career Advancement.

For those wishing to recruit our economics students for internships please contact Julie Wong.

 

Student Listservs

Economics Majors should consider self-subscribing to any one of the following Department of Economics administered listservs: