Who can apply?
Suitable candidates are likely to be undergraduates in their last year at university studying economics, economic history, PPE (philosophy, politics and economics), a closely related subject such as banking and finance, or a joint honours degree in which economics forms a substantial component. We will also consider candidates who already have a Masters degree in economics or limited work experience. However, if you have two or more years of work experience we would recommend that you apply directly for a position as an economist. We hope to be in a position to sponsor strong candidates who need a visa to allow them to work in the UK.
Capital Economics is committed to equal opportunities. We aim to employ graduate trainees from diverse backgrounds and welcome applications from women and ethnic minorities.
How do I apply?
By submitting a CV and covering letter. Direct applications only please (no agencies).
When is the deadline for applications?
The deadline for applications is early December for the Autumn recruitment and July for Summer recruitment.
When will I hear from you?
Interviews will take place in either December 2021 for Autumn recruitment or early August for Summer recruitment. Due to the Coronavirus pandemic we will likely conduct interviews via video call. Candidates who are invited to an interview will hear from us as soon as possible.
What is the selection process?
The selection process consists of one interview and one written exercise. We will discuss your academic background, any related work experience and your knowledge of economics. We expect to make job offers in late December for Autumn recruitment or August for Summer recruitment.
Is there any training?
Most of the training takes place on the job as graduates will work closely with our established economists. More formal training will be provided in our regular internal economics classes.
Can I undertake further study?
Subject to satisfactory progress in your first year, you will have the opportunity to undertake part-time study for a Masters degree in economics or a related subject, funded by Capital Economics, whilst also working for the company during the day. This will probably begin after twelve months with the company.
Where will I be based?
During your first two or three years you will be based at our head office in London. Subsequently, you may remain in London but you could alternatively apply for positions in our overseas offices, in New York, Toronto and Singapore.
During the coronavirus pandemic, Capital Economics economists have worked from home. Graduate trainees have continued to work closely with their teams and to contribute to the written output of the company, and have participated in regular virtual classes and discussions of macroeconomic issues.
Subject to UK public health guidance, we expect to return to the office before September 2021, but will probably continue to work more frequently from home than in the past.
What is the salary?
We offer a competitive starting salary and there is potential for a discretionary, performance-related annual bonus at the end of each calendar year. More details will be provided to candidates who are invited to interview.
Are there opportunities for progression and promotion?
Capital Economics is a rapidly growing global company and is steadily expanding its services. There will be plenty of opportunities for progression and promotion for those graduates who develop into skilled, capable and enthusiastic economists.
When will the Graduate Training Scheme start?
Successful candidates will start their employment with Capital Economics in September 2022.