Umut Mutlu

Economics & Financial Markets

Economics and Mathematics student at UNC Chapel Hill, focused on macroeconomics, financial markets, and investment analysis.

Portrait of Umut Mutlu in a graduation cap and gown

About

About Me

I am an economics and mathematics student at UNC Chapel Hill and a member of the Fed Challenge Club research team. My work and studies center on macroeconomics, financial markets, and investment decision-making.

Education

Education

University of North Carolina at Chapel Hill

Economics (BS) · Mathematics (BA)

Expected Graduation — May 2029

Defne–Muhtar Kent Education Foundation Scholar (2026)

Robert College

Istanbul, Türkiye

Graduated — June 2026

Marnie S. Pillsbury Scholar (2024) · National Finalist, Turkish Economic Olympiads (2025)

Career Interests

Where I’m Headed

I am building a career in investing and financial markets, with particular interest in the following areas.

Macroeconomic ResearchAsset and Portfolio ManagementEquity ResearchFinancial Markets and TradingQuantitative Analysis

Beyond Work

Personal Interests

Outside of work and coursework, my interests include triathlon, mountaineering, climbing, photography, cooking, and backpacking, along with reading on international politics, public policy, finance, and history.

Outside of Work

Photos

Experience

Professional Experience

My professional experience centers on financial markets and trading infrastructure.

FTech Labs · Intern

Istanbul, Türkiye · January 2025 (2 weeks)

Shadowed at a stockbroker specializing in high-frequency trading, statistical arbitrage, and low-latency financial systems for FX markets. Gained exposure to a professional financial software stack, including trading protocols (FIX/OUCH) and exchange-certified infrastructure, and worked with traders to translate business requirements into system optimizations.

Projects

Flagship ProjectProjects

Ongoing Paper

Churn without Change? A Critique of Creative Destruction

An ongoing research paper offering a critique of the creative destruction framework.

Equity Research

Independent Equity Research on Warrior Met Coal (NYSE: HCC)

Independent equity research on Warrior Met Coal, a publicly traded coal producer listed on the NYSE.

Blog

FRED Blogs on Substack

Biweekly blog posts translating economic data and monetary policy developments into concise, evidence-based analysis. Read on Substack →

Research

Military Keynesianism and the Impact of Rearmament Due to the Ukraine War on European Financial Markets

Research on how European rearmament following the war in Ukraine has affected European financial markets, including an event study of defense-spending announcements.

Résumé

Résumé

My résumé can be viewed in the browser or downloaded as a PDF below.

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