The Economic Investment Committee (EIC)
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 supportive
community of students, passionate about economics and finance, and support our members through their professional development and career search.
Our Portfolio and 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!
New Member Experience and Education
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!
If you are interested in joining, apply via this Google Form. Please submit your resume as well as short responses to a few prompts about yourself and your experiences. Selected applicants will move onto a round of interviews, and then upon evaluation, be offered a spot on the Committee.
