About PhD Program,
The Stevens Doctoral Program at Chicago Booth is the top destination for analytical, intellectually curious individuals who want to earn a doctorate in business from one of the best business PhD programs in the world.
As a PhD student at Chicago Booth, you will explore and cultivate your research interests from day one—wherever they lead you. In partnership with our distinguished faculty, you will develop your ability to conduct groundbreaking research. You’ll graduate with a business PhD and the tools to achieve academic and professional success.
PhD Program Degree Eligibility with GPA,
Admissions to the Stevens Doctoral Program is highly competitive. About 20-25 outstanding students enter the Stevens Program each year. The application for Fall 2025 admission is open. Please see below for more details.
- Average GPA 3.82
- Average GRE Quantitative Score
- Average GMAT Score*
- Percentage with an Advanced Degree
PhD Funding Coverage,
All admitted PhD students at Chicago Booth enjoy generous financial assistance consisting of a tuition grant, a stipend, student health insurance, a computer or computer subsidy, and access to research and travel funding.
You’ll also have guaranteed teaching assistantships in your third and fourth years.
All PhD students receive full tuition support for five to six years of full-time study, conditional on satisfactory progress in the program.
All PhD students also receive stipend support for five to six years of full-time study, conditional on satisfactory academic progress. For students who entered the Stevens Doctoral Program in Fall 2024, the awarded stipend package is $50,000 per year (guaranteed through years 1-5). In addition, we cover student-only premiums for the university’s student health insurance plan, as well as the Graduate Student Services Fee.
Application Requirement,
Application for admission
Nonrefundable application fee ($80)
Transcripts from all institutions attended after high school
Two letters of recommendation
Resume/CV
Statement of Purpose
Optional writing sample
Official GMAT or GRE scores
Proof of English proficiency
Application Deadline,
Dec 15, 2024
Application Fee,
Nonrefundable application fee ($80)
