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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.

By submitting a CV and covering letter. Direct applications only please (no agencies).

The strongest candidates will typically be interviewed twice by our economists who run the graduate scheme, Jack Allen-Reynolds and Franziska Palmas, both of whom joined the company through the scheme. There is also a writing test.

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.

In London we have a hybrid working policy, whereby most economists work in the office two days per week and from home the rest of the week. Economists can work in the office more frequently if they want to and several do so. Regardless of their working arrangements, economists in the company are in regular contact through daily company-wide and team calls. Capital Economics has a flexible working policy that allows for further flexibility to working hours or place of work, subject to manager and HR approval.

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.


      • Competitive salary and performance-related bonus.
      • 25 days annual leave per annum plus birthday leave.
      • Enhanced Pension.
      • Life assurance.
      • Flexible working policy.
      • Training & development.
      • Promotion opportunities.
      • Enhanced maternity and paternity policies.
      • Bike to work scheme.

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.

To see what our former graduate trainees are doing now, see here.

Graduates work closely with our established economists and get significant on-the-job training. They also participate in a monthly graduate reading group as well as company-wide formal training activities including regular internal classes covering a wide range of practical skills and internal seminars on economics topics. There is also the opportunity to join an internal economics book club as well as outings to public lectures on economics topics taking place in London.

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.

Successful candidates will start their employment with Capital Economics in September. Applications for September 2023 intake is currently closed. We will open applications for September 2024 intake in Autumn 2023. 

All applications are read by an economist. We typically invite 10 to 15 applicants to do a writing test and a first interview. The best candidates are then invited to a second interview.

In the interviews, we will discuss your academic background, any related work experience and your knowledge of economics. The interviews will be conducted by Jack Allen-Reynolds and Franziska Palmas, who run the graduate scheme and both joined the company through the scheme. We expect to make job offers in December.