PhD Program

PhD Program

Join our Community of Bold Thinkers

The doctoral program in business at Chicago Booth was the first such program established in the United States. Ours is a collaborative and supportive community. 

As a PhD student at Booth, you will explore and cultivate your research interests from day one—wherever they lead you. Through coursework and close interaction with our distinguished faculty, you will develop your ability to think and work independently and identify, analyze, and solve problems in groundbreaking ways. Upon graduating, you will possess the right tools to achieve academic and professional success at the highest levels.

PhD Program Office
The University of Chicago
Booth School of Business
5807 South Woodlawn Avenue
Chicago, Illinois 60637
Telephone: 773.702.7298

100 Years of Pioneering Research

The nation’s first doctoral business program was born at the University of Chicago in 1920. Since then, the faculty, alumni, and students of this preeminent PhD program have been driving the evolution of modern research in a wide range of disciplines, from accounting to behavioral science to finance. This research continues to make a lasting, real-world impact on the way scholars, government leaders, and industry professionals think about and conduct business.

Learn more about the Booth PhD Centennial

Dissertation Areas

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Accounting »

Booth has one of the preeminent PhD programs in accounting. Our graduates have played a central role in the evolution of modern accounting research.

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Behavioral Science »

PhD students at Booth studying behavioral science conduct research that draws on theory and methods from cognitive and social psychology, economics, and other related fields.

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and Statistics »

This program is designed for students who wish to do research in statistical methods that are motivated by business applications.


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Economics »

The range of study in economics is quite broad. Students write their dissertations in industrial organization, labor economics, macroeconomics, microeconomics, or related areas.

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Finance »

Booth’s PhD program in finance is unmatched among institutions of higher learning. Students conduct research in a number of areas, including the behavior and determinants of security prices.

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Management Science/Operations Management »

Students in this program combine concepts, models, and data to generate research that helps managers develop better systems and make better operations decisions.

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The theoretical foundation and empirical skills provided in this program are enhanced by its flexibility, allowing choice between consumer behavior and economics/quantitative methods.

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Joint PhD Program in Psychology and Business »

The program connects the large number of social, cognitive, and organizational psychologists at Chicago Booth with the Department of Psychology.

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Joint PhD Program in Financial Economics »

The aim of this program is to exploit the strengths of both sponsors in training PhD students interested in financial economics.

PhD Program Overview

These figures reflect the admitted students for the 2019–20 academic year.


Average GMAT Score/Average Quantitative Score


Average GPA



Average GRE Quantitative Score


Student Groups

Average Age


Percentage with an Advanced Degree

Global Cohort

Countries Represented

17 (including the United States)

Admissions Events

Interested in learning more about Chicago Booth and the PhD Program? Attend one of our upcoming admissions events.

See Upcoming Events »

Chicago Booth Review

Chicago Booth Review publishes research-driven insights on business, policy, and markets. Our PhD students collaborate with faculty members and lead innovative research, some of which is published in this Chicago Booth publication.

Learn More »


PhD Program Office
The University of Chicago
Booth School of Business
5807 South Woodlawn Avenue
Chicago, Illinois 60637
Telephone: 773.702.7298

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