Frequently Asked Questions
Is the Junior Economic Club a nonprofit or for-profit organization?
The JEC is a registered, tax exempt nonprofit organization with full 501(c)3 status.
Does the Junior Economic Club have other branches?
Yes! The Chicago branch came first, but we have an incredible branch in Toronto that is doing amazing things every day. We have up-and-coming branches in both Atlanta and Grand Rapids, Michigan. Additionally, we have held economic forums for students in both China and India.
Does it cost money to participate in the Club - is there a membership fee?
No, membership in the club is completely free to students as the Club wants to ensure equal participation from students of all socioeconomic backgrounds.
How selective is the Club?
We do not publicize nor keep track of an acceptance rate. Applicants should demonstrate engagement, leadership, curiosity, and a drive to make an impact in their community. You can learn more under our Admissions tab.
Is the club affiliated with the ECC?
The Economic Club of Chicago was a prominent inspiration in the founding of the Junior Economic Club. The economic forums hosted by JEC have their roots in the ECC's galas centered around debate, discussion, and fostering meaningful connections. We also strive to create a similar culture which stimulates and encourages leadership. Despite this influence, however, the ECC has no controlling interest and the JEC is an entirely independent entity.
What kinds of events does the Club host?
The JEC hosts various events throughout the year, the primary events being the Club’s quarterly Economic Forums. Each Economic Forum features distinct keynotes speakers in fields of entrepreneurship, business and finance. JEC members have the opportunity to pose questions to the speakers and brainstorm new ideas for solutions and innovation. The forums also offer opportunity for JEC members to connect with leading figures of Chicago’s business world as well as students across the city.
In addition to the quarterly forums, the JEC offers interesting weekly events for members to attend as part of the member engagement program. Many events offer exclusive access to interesting aspects of Chicago’s business and economics sectors. Past events include an exclusive tour of the Chicago Board Options Exchange, a private book signing and lecture, and the opportunity to experience Chicago entrepreneurship firsthand at Catapult Chicago.
What kinds of opportunities does the Club give to its members?
The JEC serves to first and foremost offer a platform of economic discussion for Chicago’s best, most determined high school students. Being a member of the JEC opens an invaluable set of connections with some of the best students in Chicago, along with leading figures in Chicago entrepreneurship, business, and finance sectors. JEC opportunities also include special consideration at partnered summer programs and internships, in addition to participation at the aforementioned events (outlined above) hosted by the club. Finally, the JEC allows its members to make an impact on their communities through our High Returns initiative.
Do you have to be enrolled in an economics course at your high school to become a member?
No, many of the Club’s members are not enrolled in economics courses at their high school. While it is necessary for economics to be a passion of every applicant, a course is not required and does not reflect negatively on an applicant.
How is leadership structured?
The JEC has a President, Vice President, 4-6 more board members, and a general member assembly of anywhere from 60-80 members (varies per year).
Does the club have a board of advisors?
No, the JEC is an entirely student-run nonprofit and has had little to no external assistance in regards to administration.
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