One of just a few programs of its kind, our PhD Program in Econometrics and Statistics gives you the scientific tools to create meaning from data in areas such as forecasting, analyzing demand and cost, model building, analyzing big datasets, and testing empirical implications of theories.

The program is designed for students who wish to do research in statistical methods that are motivated by business and economics applications. It also provides valuable insights into other fields, including marketing, finance, and economics.

Econometrics and statistics doctoral students have the freedom to develop a customized research program, combining courses in specific areas of business—such as economics, finance, accounting, marketing, or international business—with advanced courses in statistical methods.

Our Distinguished Econometrics and Statistics Faculty

As a PhD student at Chicago Booth, you’ll work with faculty with wide-ranging research interests who will serve as your teachers, mentors, and collaborators.

Tetsuya Kaji

Tetsuya Kaji

Assistant Professor of Econometrics and Statistics; Liew Family Junior Faculty Fellow and Richard Rosett Faculty Fellow

Tetsuya Kaji

A Network of Support

Doctoral students at Booth have access to the resources of several research centers that offer funding for student work, host world-renowned scholars, and foster a strong research community.

The Becker Friedman Institute for Economics
With a mission of turning evidence-based research into real-world impact, the Becker Friedman Institute brings together the University of Chicago’s economic community. Ideas are translated into accessible formats and shared with world leaders tasked with solving pressing economic problems.

The Fama-Miller Center for Research in Finance
Tasked with pushing the boundaries of research in finance, the Fama-Miller Center provides institutional structure and support for researchers in the field.

James M. Kilts Center for Marketing
The Kilts Center facilitates faculty research, supports innovations in the marketing curriculum, funds scholarships for MBA and PhD students, and creates engaging programs aimed at enhancing the careers of students and alumni.

Scholarly Publications

Some of the most important business and economic research in the world is published in journals conceived at Chicago Booth.

The Journal of Econometrics serves as an outlet for research dealing with the application of statistical inference to economic data, as well as the application of econometric techniques to economics.

Quantitative Marketing and Economics highlights research in the marketing, economics, and statistics categories. It focuses on problems that are important to marketing using a quantitative approach.

Alumni Success

Our graduates are sought after by leading institutions of higher learning and business around the world.

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Alan L. Montgomery, MBA ’94, PhD ’94

Professor of Marketing
Tepper School of Business, Carnegie Mellon University

Alan L. Montgomery’s work focuses on the application of analytical methods to solve marketing problems. His fields of interest include electronic commerce, retailing, and consumer financial decision-making. He has a PhD in econometrics and statistics.  

Alan L. Montgomery, MBA ’94, PhD ’94

Inside the Student Experience at Booth

Damian Kozbur, PhD ’14, says PhD students at Booth have the flexibility to work on risky problems that no one else has examined.

Current Econometrics and Statistics Students

PhD students in econometrics and statistics apply statistical methods to a wide range of business problems, from the effectiveness of machine-learning tools to video-game preferences. Our graduates go on to work in high-profile institutions, generally in academia, finance, or data science.

Spotlight on Research

Econometrics and statistics research from our PhD students and faculty is often featured in the pages of Chicago Booth Review.

Program Expectations and Requirements

The PhD Program at Booth is a full-time program. Students generally complete the majority of coursework and examination requirements within the first two years of studies and begin work on their dissertation during the third year.

For details, see General Examination Requirements by Area in the PhD Program Guidebook.
Download the Guidebook