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The University of Zurich has proven that it can meet several US elite universities at eye level when it comes to recruiting the best talents. Six out of the seven new professorships at the Department of Economics were working at Stanford, Harvard, or Chicago before coming to Zurich. The appointments include three full professorships and four assistant professorships.
Thanks to this substantial high-qualitative growth, the Department of Economics will have a further advantage in international competition and has moved a giant step closer to achieving its goal of becoming one of the world’s leading center for research and education in economics. This progress – from which both the Department of Economics and the University of Zurich equally benefit – is largely due to the support from the UBS Center of Economics in Society.
After the University of Zurich appointed the first two of the professorships endowed by the UBS Center last year, two more full professorships, one assistant professorship, and one affiliated professor have now joined the Center and the University. They complement the endowed assistant professorships of the Center as well as a dozen doctoral students who have received a UBS Center Scholarship. All holders of these positions and grants are full members of the Department of Economics, where they conduct their research. The University of Zurich recruits all positions autonomously, and scholarships are awarded according to University guidelines.
Students in particular will benefit from the newly appointed professors, since they will be taught by globally leading experts on current research topics and methods – obtaining knowledge that later can be implemented on the job. Department chairman Rainer Winkelmann adds that the Department plans to hire five more professors in the next two years, in order to further strengthen Zurich’s position as an international leader in economics.
