The Economics Investment Committee is the Department of Economics’ premier investment club. Through weekly market updates and stock pitches, professional development workshops, education in financial basics, and renowned guest lecturers, EIC empowers its members to apply their Economics education to the real world. We are a tight-knit and supportivecommunity of students, passionate about economics and finance, and support our members through their professional development and career search.
Our Portfolio & Approach
We manage a $100,000 paper account with the goal of outperforming the S&P 500, which we have successfully done for the past six semesters. We invest in everything from blue chip companies, to sector ETFs, unique stocks, and other assets. As a Committee, EIC votes on new investments as a group every week. Following market updates, members collectively develop an investment thesis to test the next week based on current events and trends observed in the market. Weekly stock pitch groups are assembled to research this thesis and give their best stock pitch to be put up for a vote.
In addition, we do weekly market updates. Groups of members present interesting findings about the market to foster discussions about the financial industry, certain sectors, or economic policy effects. The goal is to keep members of the club up to date on global markets, particularly news that could affect investments and finances.
Members will also have the opportunity to be part of a smaller investment team. Investment teams will compete against each other for the most successful portfolios. This allows members to have more control over a portfolio and buy stocks other than those pitched to the entire club. Weekly meetings will have 10-15 minutes set aside for teams to discuss!
Professional Development
One of our top priorities is helping members to leverage their Economics education in the recruiting process. We host cover letter and resume reviews, networking workshops, career path presentations, and alumni panels to prepare our members for successful applications and to explore different careers in finance, consulting, and other economics related fields. We have extremely successful and supportive alumni who are willing to meet with members and be resources throughout the recruiting process. Whether it be learning the basics to prepare for interviews, brushing up on your professional communication skills, or providing resources to learn more about potential careers, EIC helps its members to find success beyond the classroom.
New Member Education and Experience
There is no prior knowledge or experience needed to join! All new members will experience a comprehensive introduction to finance curriculum, covering everything from basic concepts, comparable metrics, different modeling approaches, and professional development. New members will be led by experienced members in their weekly stock pitch groups and be fully immersed in the research and decision making process for the portfolio.
Additionally, we host talented guest speakers every semester to expand our perspectives and learn from experts in the field. EIC is the perfect experience for anyone who wants to learn about finance, apply their economics education, and prepare for a career in the business world!