University of Chicago Booth Fully Funded PhD in Business
PhD @University of Chicago posted 3 weeks agoJob Description
University of Chicago Booth School of Business offers a fully funded Ph.D. program in Business through its Stevens Doctoral Program. This program provides comprehensive financial support to all admitted students, enabling them to focus entirely on their academic and research pursuits.
Program Overview
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Degree: Ph.D. in Business
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Institution: University of Chicago Booth School of Business
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Program: Stevens Doctoral Program
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Dissertation Areas:
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Accounting
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Behavioral Science
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Econometrics and Statistics
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Economics
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Finance
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Management Science and Operations Management
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Marketing
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Joint Ph.D. Programs:
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Financial Economics (with the Department of Economics)
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Psychology and Business (with the Department of Psychology)
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Ph.D./J.D. Program (with the Law School)
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The program is designed to prepare students for careers in academic research and teaching. Students engage in rigorous coursework, comprehensive examinations, and original research leading to a dissertation. The interdisciplinary nature of the program allows students to collaborate across various departments and research centers within the university.​
Funding Package
All admitted Ph.D. students receive a comprehensive financial aid package, which includes:​
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Tuition and Fees: Full coverage for five to six years of full-time study, conditional on satisfactory progress.
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Stipend: An annual stipend of $50,000 for students entering in Fall 2024, guaranteed through years 1–5.
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Health Insurance: Student-only premiums for the university’s student health insurance plan are covered.
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Additional Benefits:
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A one-time $2,000 computer stipend (accounting students receive a high-end research-quality computer instead).
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Access to research and conference travel funding (up to $3,000 per academic year).
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Eligibility to apply for additional funding for larger research projects through the Stevens Program or Booth’s research centers.
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Teaching assistantships are guaranteed in the third and fourth years, allowing students to gain valuable teaching experience. There is no teaching requirement in the first two years, enabling students to focus on their studies. Research assistant positions are also available throughout the program.
Admission Requirements
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Academic Background: A strong academic record with a background in business, economics, mathematics, or related fields.
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Application Materials:
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Online application through the University of Chicago’s admissions portal.
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Statement of purpose outlining research interests and career goals.
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Three letters of recommendation.
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Official transcripts from all post-secondary institutions attended.
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Resume or curriculum vitae (CV).
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GRE or GMAT scores (requirements may vary by dissertation area).
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TOEFL or IELTS scores for non-native English speakers.
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Applicants interested in joint programs should indicate their interest in their application and may need to meet additional requirements.
