Director of the Becker Friedman Institute of Economics
Company: The University of Chicago
Location: Chicago
Posted on: April 3, 2026
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Job Description:
The Becker Friedman Institute for Economics (BFI) is a leading
center that brings together the entire University of Chicago
economics community to foster novel insights on the world’s most
difficult economic problems. A collaboration between the University
of Chicago Booth School of Business, the Kenneth C. Griffin
Department of Economics, the Harris School of Public Policy, and
the Law School, BFI brings together more than 200 affiliated
economists and scholars to foster frontier research and achieve
global impact. The BFI achieves these aims through conferences,
workshops, initiatives, public communications, government relations
development, an active visiting scholars program that brings nearly
100 scholars to campus per year, a postdoctoral program, and
support for more than 40 predoctoral students a year. BFI supports
a wide range of initiatives that spur research and policy change
around common thematic areas including price theory, labor
economics, big data, health economics, and macroeconomics; as well
as programs focused on specific geographical areas such as Latin
America, China, and India. BFI is headed by a faculty member of the
University who is appointed Director by the Provost of the
University. It is the Director’s responsibility to oversee all BFI
activities, to foster and promote the work of researchers
affiliated with BFI, to be active in fundraising, and to manage
BFI’s operating budget for impact. Reporting to the Provost of the
University of Chicago, the Director will develop a distinctive
vision for BFI that reflects current faculty scholarship, build on
UChicago’s tradition as a premier intellectual destination for
visiting faculty and promising early career scholars, and enhance
fundraising to grow the Institute. The Director will be a tenured
member of the faculty who holds a PhD or equivalent degree in a
field relevant to BFI’s areas of expertise; the Director will hold
a tenured appointment in an appropriate Department or School. The
Director will serve for an initial five-year term, renewable
following a standard review process. The Director will understand
BFI’s history, legacy, and core mission, and will raise BFI’s
profile on and off campus while maintaining its reputation as a
leader in the field. Additionally, the ideal candidate will be able
to: Develop BFI priorities in coordination with BFI affiliates and
ensure those priorities are widely and clearly articulated to
faculty, staff, and internal and external partners; Work with the
Provost and University Alumni Relations and Development to set
development goals to further BFI's strategic initiatives. The
Director will lead all fundraising efforts including securing grant
funding, stewarding current individual and institutional donors,
and building a pipeline of emerging donors for the future; Lead the
Institute while working closely with the University of Chicago
administration. The Director will oversee the allocation of
financial resources and budgeting of BFI; advocate for funding with
the administration when needed; and identify and recruit a Deputy
Director (a faculty member) who will be a key partner in overseeing
BFI; Oversee a core team of 25 staff, more than 40 predoctoral
research professionals, and more than 4 postdoctoral fellows;
ensure that staff roles and responsibilities are clearly
articulated; and communicate frequently with different teams within
BFI to develop and optimize BFI endeavors; Coordinate 25 faculty
co-directors of affiliate initiatives, programs, and centers, and
facilitate engagement with more than 200 affiliated scholars across
campus; Cultivate strong relationships with Advisory Committee
members; collaborate with leadership and colleagues in other
divisions and departments to elevate BFI as a University resource;
build consensus from diverse constituencies on complex projects and
issues; Advance the research projects that are crucial to the
mission of BFI; facilitate projects within University
administration processes as well as through government officials
and processes where appropriate; Foster partnerships and
collaborations with other research centers and organizations, in
related subjects and internationally; Expand BFI’s expertise in
policy advocacy and communications in ways that align with faculty
research and expand the impact of University of Chicago
scholarship. Communicate the relevance of BFI in today’s global
environment, elevating the Institute and the University’s role in a
global economics conversation.
Keywords: The University of Chicago, DeKalb , Director of the Becker Friedman Institute of Economics, Administration, Clerical , Chicago, Illinois