Department of Economics and Business
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Top Careers for New Economics Grads
- investment banking
- financial services
- commercial banking
- management consulting
- benefits consulting
Thinking about graduate school?
Department majors:
- Business
- Economics
- Finance
The largest department in the College, Economics and Business offers majors and minors in economics, business, and finance.
Lake Forest is one of the only small liberal arts colleges to offer a finance major.It prepares students for a career in investment analysis and trading, investment banking, and finance. The business major is structured to provide an overview of various business operations (accounting, finance, and marketing), with an emphasis on the economic environment of business and on analytical and communication skills.The major in economics is a strong, traditional program with a reputation for rigor, depth, and breadth.
In today’s globalized economy, most majors in the department broaden their studies by taking a foreign language (courses like Business Spanish and French for International Affairs are particularly recommended), studying off campus through an internship or a College-supported program (e.g. Beijing, Border Studies, Granada, Greece, Paris, New Zealand and ACM programs), or double-majoring in mathematics, computer science, international relations, politics, or psychology.
Our graduates have taken their strong preparation to careers at the Bureau of Labor Statistics, the Federal Reserve Bank of Chicago, and Morgan Stanley and to graduate programs at Northwestern, University of Chicago, and Harvard among many others.
Department News
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Food safety has been a rising concern for many people in China, following multiple scandals and cases of tainted food in recent years. Minxu Zhang ’12 and Lesley Gao ’13, both originally from China, have set out to help. After earning a $10,000 Davis Projects for Peace grant, they are spending the summer in Hangzhou establishing a community-supported agriculture system based on local and organic foods. -
During the summer I interned at the environmental consulting corporation ENVIRON in Sydney, Australia. While I was there, I researched air quality management best practices for coal mines and conducted a survey of air quality management practices across 9 coal mine complexes from two continents. Also, I assisted ENVIRON’s energy auditors in conducting energy audits of several commercial buildings. These audits, combined with a sub meter tool that I developed, allowed us to identify and price energy efficiency opportunities. -
On Thursday, April 14, the College’s local Phi Beta Kappa chapter (Theta of Illinois) inducted 27 graduating seniors, 11 of whom are majoring or minoring within the Department of Economics and Business.
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The Journal of Sports Economics has accepted the Richter research project of sophomore students Elise Beckman, Wenqiang Cai, and Rebecca Esrock for publication.
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Tasheka Aikman and Evan Piermont presented their senior theses at the Midwest Economic Association Meetings in St. Louis on March 19th. Evan’s thesis, titled Discounting and Utility: Systematic Correlation of Willingness to Pay, was subsequently awarded first prize in the undergraduate paper competition.
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International relations and economics major Fabricio Sordoni ‘11 recounts his service at the UNESCO headquarters in Paris during his recent semester abroad.
