Join our community of bold thinkers and earn your PhD in one of the best business PhD programs in the world.

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 will open in September 2024. Please see below for more details. 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 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 2023, the awarded stipend package was $48,000 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.

Requirement

1. Application for admission
2. Transcripts from all institutions attended after high school
3. Two letters of recommendation
4. Resume/CV
5. Statement of Purpose
6.  Optional writing sample
7.  Official GMAT or GRE scores
8. Proof of English proficiency