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Join a community of bold thinkers.
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.
Video Transcript
Baris Ata (00:00): When I came here, it felt like, "Now I'm in the major leagues." I realized how high the standards are.
Jane L. Risen (00:09): We're the oldest PhD program within a business school, which is pretty extraordinary to think of sort of how long ago the recognition was there that we wanted to be training not just business leaders in practice, but to be training the future leaders of academic discipline.
Ray Ball (00:26): So I arrived in 1966. Oh, it was marvelous. The place just crackled with ideas and open discussion, and I ended up throwing out all the ideas I came with.
Ann L. McGill (00:35): What I especially liked about learning things here is this is an interdisciplinary school, so you didn't have to dive in a silo. You can wrap your arms around huge areas.
Marianne Bertrand (00:46): What is special is that we are part of a business school, training PhD students across a range of disciplines, not just economics or finance, which we deploy in the Economics Department, but also students are doing psychology, operation research.
Ray Ball (00:59): At Chicago, the ideas were the authorities, not the people, and they were all up for grabs.
Amir Sufi (01:06): What we're trying to create here is people who produce knowledge, not just consume it. And that's the real challenge I think of PhD education.
Ana-Maria Tenekedjieva (01:15): I was never told at any point that, "Oh, this is not real finance. This question is too outside of the box." On the contrary, it was always, "You should do what you want to do, and we're going to think about placement once the paper is ready."
Jane L. Risen (01:32): You don't make any assumptions. You question everything.
Pradeep K. Chintagunta (01:35): It's not enough just to know what other people have done. It's also important to know what needs to be done next. To be able to do that, you need to be able to ask questions beyond the questions that have been asked in the previous literature or in the previous knowledge that's already out there.
Jeffrey R. Russell (01:53): When you're going to seminars here, or watching my colleagues talk in the hallways, you'll often see them in what look like very contentious battles. But really, they're just after, "What's the right answer?" When PhD students come here, they are able to sort of bring that into their own souls, and I think that really pushes them then to sort of be the best possible researcher that they can.
Ana-Maria Tenekedjieva (02:12): Chicago Booth is known for its quite aggressive questioning style. I think that we get a little bit of a bad rap. There is a point to the aggressive questioning, and it is to clarify the idea. In Chicago Booth the spirit is be tough on the idea, not on the person.
Amir Sufi (02:30): Throughout the world, we're appreciating more and more how influential research can be. I think our PhD students going forward will increasingly be placed in positions, both in scholarship and in government and in business, where they can have major influence.
Ray Ball (02:48): So the fact that this is the oldest doctoral program in business, that it has been going for 100 years, gives some indication of the commitment of this school to training people. We still have those same values, and so it's always going to generate people who change the world, who change the way we think. I can't tell you at this point how that will happen. That's exactly the idea. New people come in with new ideas, and they learn how to implement them in the school, and they change the way we think about the world. And that's going to keep going.
The Stevens Program is highly competitive—and highly rewarding. Approximately 20–25 new PhD students matriculate each fall from an applicant pool of more than 1,000, and our graduates are highly sought after at the world's most elite institutions of higher learning, in government, and at leading global businesses.
Our program is a full-time program that typically takes about five years to complete. PhD students can apply for one of our seven dissertation areas or three joint PhD programs.
Our program gives you the flexibility to meet your intellectual and academic goals. We have seven doctoral dissertation areas, as well as three joint PhD programs.
In collaboration with faculty and fellow students, you’ll conduct innovative research and prepare for a successful career.
Explore phd admissions.
Earn your PhD in one of the best business PhD programs in the world. Here’s how to join our community of bold thinkers.
Join us at an information session or recruiting forum to learn more about the Stevens Doctoral Program at Chicago Booth.
At Chicago Booth, PhD students receive a tuition grant, a stipend, student health insurance, a computer or computer subsidy, and access to research and travel funding.
Discover our alumni success.
For 100 years, Chicago Booth has been a proven training ground for the next generation of leading professionals in academia, government, and industry.
See the Stevens Doctoral Program's current job market candidates—the next generation of researchers who will shape theory and practice in business and beyond.
Discover UChicago is a two-day program that introduces third-year undergraduates to the prospect of pursuing a graduate degree at UChicago and other institutions alike. At the event, Stevens Doctoral Program representatives will shed light on the program and application process, as well as navigating academic life at Chicago Booth.
Since 1920, our faculty, alumni, and students have been driving the evolution of modern research in a wide range of disciplines.
On April 11, 2024, scholars in financial economics gathered to share ongoing research in a series of alumni and student presentations as part of a commemorative event dedicated to our late colleague, Yiran Fan.
Measuring preferences for privacy.
Current PhD student Tesary Lin’s passion for economics and behavioral science has led her to develop a new incentive framework for businesses that want to use consumer data to inform managerial decisions, while respecting consumers’ privacy preferences.
A passion for travel, social impact, and wanting to "dig deeper" inspired current student Gülin Tuzcuoğlu to pursue a PhD in operations research.
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If you still have questions after reviewing our doctorate in business FAQ , please contact us. We look forward to hearing from you!
Phone: 773.702.7298 Email Us
A phd in management: where business research and education intersect.
Become an industry thought leader while preparing tomorrow’s business leaders.
Our fully funded PhD in Management is designed for ambitious students and professionals interested in a career in university teaching and research.
This residential program, based at the Samuel Curtis Johnson Graduate School of Management in Ithaca, NY, combines Ivy League rigor and real-world relevance to prepare you for successful careers in academia.
With a strong focus on management science and applied research, this doctoral degree is ideal for someone looking to teach at the university level and contribute to the greater body of industry knowledge. Pursuing a PhD in Management is also an ideal next step for executives and senior managers who want to make a transition to academia or enhance their research skills for a successful consulting career.
As you explore PhD programs’ degree requirements, faculty engagement, and campus experience, Cornell stands alone.
In Cornell’s highly flexible program, you’ll choose a specific area of study and build your own dissertation committee. Our program faculty are genuinely interested and invested in your intellectual development. In this small and highly selective program, you will get to know the faculty and your peers well.
The SC Johnson Graduate School of Management is home to leading research centers and a high-impact academic journal; these open you up to unique learning and mentorship opportunities.
The Debra Paget and Jeffrey Berg Business Simulation Lab facilitates in-person and online behavioral research related to decision-making and problem-solving.
Discover More About BSL
The Johnson School’s doctoral degree in management combines the best of theory and practice, building on a three-pronged foundation:
Develop your research and analytical skills. You’ll work with classmates to examine existing literature and theories for class deliverables, which will often include your own original research.
Design your own academic pathway. You’ll choose one of six primary areas of study and create your own dissertation committee.
Draw on the expertise from across Cornell. You’ll get to select graduate-level courses from schools and colleges devoted to law , hospitality , engineering , labor relations , and other fields.
The fully residential, fully funded PhD in Management program includes a tuition waiver and a stipend for living expenses. Here’s a quick overview of what to expect:
PhD in Management
Ithaca, NY, with options in New York City
Foundational coursework, original research, and six potential areas of study
“PhD is a marathon, not a sprint, and collaborating with great people is paramount. At Cornell, I’ve found a place where amazing people come together, supporting my research and personal growth. Choosing Cornell means joining a community that knows how important it is to work with exceptional people to excel in the program.” – Elina Hur PhD ’23
When you apply to the Johnson School’s PhD in Management, you will select a primary area of study. Choosing a concentration allows you to gain specialized skills and knowledge while growing a portfolio of original research.
Examine the role of accounting information in firms and financial markets. PhD-level research at Cornell explores topics such as how firms report information to investors, how accounting information is used to manage firms, and the nature of auditing.
Use modern tools and methodologies to gain a better understanding of the world. PhD students in this area explore many aspects of economics including industrial, behavioral, labor, and organizational.
Dive deep into the financial structure and issues of organizations. Your research might look at how conflicts of interest affect corporate policy, how investor psychology affects asset pricing, or how to detect price bubbles.
Learn how theories from operations research, economics, psychology, and sociology intersect to inform corporate and consumer decisions. Your PhD studies will explore both quantitative and behavioral perspectives of marketing.
Prepare for a research-focused career in academia or industry. This versatile concentration develops skilled, innovative, analytical researchers through a broad curriculum and close faculty collaboration.
Develop the technical skills and behavioral analysis knowledge you need to address high-impact managerial decisions. This focus area also offers an option to complete coursework at Cornell Tech in New York City.
The majority of our PhD in Management students pursue careers in academia. After graduation, many land tenure-track teaching positions at top-tier business schools and continue to advance knowledge through original research. Johnson School PhD students often field multiple offers and see starting salaries range from $150,000 to $250,000.
Students from around the United States and across the globe arrive at the Johnson School to earn their PhD in Management—and their diverse research interests, educational backgrounds, and professional experiences make for a vibrant, enriching learning environment.
MEET CURRENT PHD STUDENTS
After earning the PhD in Management, our alumni go on to teach and inspire future leaders at top-tier institutions. Not only do they teach and conduct research alongside some of the most brilliant minds in business, but they also advance the field through publishing in leading journals and presenting their work at industry conferences.
“ Does Regulatory Jurisdiction Affect the Quality of Investment-Adviser Regulation? ” in American Economic Review (2019) — Alan Kwan, PhD ’17, with Ben Charoenwong and Tarik Umar
When you join the PhD in Management program at the Johnson School, you’ll be part of a learning community comprising more than 100 accomplished academics and thought leaders.
Not only will you take courses with renowned professors from across the Cornell SC Johnson College of Business, but you also will have the opportunity to build your own faculty committee—a group that will become instrumental as you select your dissertation topic and embark on your original research.
Throughout the PhD program—from foundational coursework to your dissertation—you’ll work closely with dedicated teacher-scholars like these:
Dr. Rennekamp’s research focuses on financial accounting from a behavioral perspective. She’s widely published, with work appearing in leading academic journals such as The Accounting Review , Contemporary Accounting Research , and The Journal of Financial Reporting .
Dr. Girotra studies the digital transformation of companies, whether it’s looking at emerging tools and practices or exploring new business models. He’s frequently interviewed in an array of mainstream business media outlets, including Bloomberg BusinessWeek , Fortune , and Forbes .
Dr. Woolley studies the psychological processes behind consumer motivation. She’s an award-winning educator and researcher with work published in academic journals and national media outlets including the Journal of Consumer Research , Journal of Marketing Research , and The Wall Street Journal .
EXPLORE JOHNSON SCHOOL FACULTY
As you pursue your PhD in business management, you’ll begin with a set of foundation courses and progress into advanced coursework in your area of interest. Through it all, your faculty committee will help make sure you’re on the right track.
Early in your doctoral program, you will complete foundational coursework in management and other fields. Many of these will focus on the research process and prepare you for your dissertation.
As you progress in the PhD in Management program, you’ll take electives and advanced courses that align with your research area of interest; these classes can be in the Johnson School and across Cornell.
During the final part of the program, you begin work on your dissertation—the culmination of your original research. You choose the topic of research in conjunction with your committee.
VIEW PROGRAM SPECIFICS
Tap into the experience and expertise of faculty members from across Cornell University.
Management is a broad science. Business leaders serve in a variety of roles in industries of all kinds: healthcare, consumer goods, agriculture, biotechnology, media, and consulting to name just a few. At Cornell, you can enrich your education and expand your research opportunities by taking courses and finding mentors beyond the college of business.
Explore fields like computer science, psychology, sociology, communication, engineering, and data science—and then connect the dots back to your management research.
Interact with peers and professors from other disciplines by participating in student organizations and special interest groups or by attending public lectures, workshops, and networking events.
The ideal candidate for the Johnson School’s doctorate degree in management will have a strong record of academic excellence, a solid understanding of the research process, and an entrepreneurial approach to problem-solving. An MBA or master’s degree is not a requirement for admission.
Our admissions page offers more details about program prerequisites, selection criteria, requirements, deadline information, and a checklist of materials you need to submit with your application.
The Johnson School admissions team is available to answer your questions about the program and the application process. Stop in or reach out by phone or email today.
253-D Sage Hall Johnson Graduate School of Management Cornell University Ithaca, NY 14853-6201
Phone: 607-255-5340 Email: Graduate Research Programs Office
Learn, grow, and thrive on one of the most beautiful college campuses in the United States. As a PhD student, you’ll spend a lot of time in Sage Hall, a Gothic-style building dating back to 1875. You’ll find more high-tech learning spaces just off campus at the Breazzano Family Center for Business Education. You’ll also have access to the innovative campus of Cornell Tech in New York City—particularly relevant to students focused on technology and information management.
Attending Cornell also means you’ll call Ithaca, NY, home for about five years. Our eclectic downtown is full of eateries, shops, activities, and all of the amenities you’d need for everyday life. When you’re not in class or studying, you can explore all that the Finger Lakes region has to offer.
Before you apply to a research-focused graduate program, you’re likely to want to do some deep research of your own. For instance, how does a fully funded PhD in Management work? What’s the typical completion time?
We have a robust Frequently Asked Questions section to help you learn more about our program, the admissions process, and dissertation requirements. For our international applicants, you’ll also find specific details about earning your PhD in Management.
You are welcome to reach out to any professor with whom you see a good research fit. Our website also has a wealth of information about the program.
We offer interviews only to a few applicants after their first screening.
You are welcome to contact any professor with whom you see a research match. Faculty are more likely to respond to specific research queries.
Yes. Our response time will vary. We are not able to answer detailed questions that are better assessed by faculty during the application process.
Admissions does not offer campus tours for PhD program applicants. However, you may arrange an appointment with a faculty member.
Cornell University recently has been made aware of fraudulent activity targeting overseas students and researchers, including at least one third party website falsely stating that it is offering a postdoctoral or visiting scholar program in association with Cornell. These scams, which may seek to obtain money and/or personal details from interested applicants, are fraudulent.
Cornell wishes to warn the public about these fraudulent activities being perpetrated purportedly in the name of Cornell, and/or its officials. Please be advised that:
Cornell’s postdoctoral positions are listed on the Academic Career Opportunities website and postdoctoral fellowship programs are available for viewing. If you suspect a third party of falsely advertising a Cornell program, please notify [email protected]. Victims of such scams may also report them to their local law enforcement authorities for appropriate action.
Ready to apply to our highly selective, fully funded PhD in Management? We look forward to learning more about you and your research goals. Start the application process today at the Cornell Graduate Admissions website. [You’ll first need to register for an account or log in to an existing one.]
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International Business will help you become an expert in how firms operate at a global level by delving into political, economic, cultural, and legal influences. In this interdisciplinary program, you will complement your study of International Business with a strong competence in an additional field (economics, entrepreneurship, history, marketing, organizational behavior, strategy, etc.).
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Prior Degrees, Current Students. Some of the greatest intellectual challenges of our time are emerging from the broad fields of business management. Harvard Business School together with the Harvard Graduate School of Arts and Sciences offers PHD programs that reflect the changing world of business, society, and education.
If you still have questions after reviewing our doctorate in business FAQ, please contact us. We look forward to hearing from you! Phone: 773.702.7298. Email Us. Chicago Booth's PhD program is the top destination for analytical, intellectually curious individuals ready to earn a world-class doctorate in business.
The majority of our PhD in Management students pursue careers in academia. After graduation, many land tenure-track teaching positions at top-tier business schools and continue to advance knowledge through original research. Johnson School PhD students often field multiple offers and see starting salaries range from $150,000 to $250,000.
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