Baucus was born in Helena, Montana Baucus graduated from Helena High School in 1959. He attended Carleton College in Minnesota for a year before transferring to Stanford University, where he received a Bachelor of Arts degree in economics 1964, and was a member of the Sigma Alpha Epsilon fraternity. After graduating, he attended Stanford University's law school, receiving his degree in 1967.
After finishing law school, Baucus spent three years as a lawyer at the Securities and Exchange Commission in Washington, D.C. He moved back to Montana in 1971 to serve as the executive director of the state's Constitutional Convention, also opening a law office in Missoula, Montana.
In November 1973, Baucus was elected to the Montana State Legislature as a state representative from Missoula. In November 1974 he was elected to the United States House of Representatives, and was re-elected in 1976.
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