University of Chicago
From PhD Prep Track
The University of Chicago's Booth School of Business is located in Hyde Park, a suburb of Chicago about 15 minutes south of the downtown area. The accounting group at Chicago publishes the Journal of Accounting Research (JAR) and includes some of the most prominent names in accounting research. Ray Ball, co-author of Ball and Brown (1968) is the Sidney Davidson Professor of Accounting at Chicago Booth and is an editor of JAR. Chicago's accounting doctoral program is directed by Douglas Skinner, another editor of JAR. There is currently one LDS professor at Chicago Booth: Christian Hansen, a full professor of Econometrics and a 2000 graduate of Brigham Young University's economics department.
The University of Chicago took a significant step during Fall Quarter 2008 and renamed the business school in connection with a largely unqualified gift priced at $300 million dollars by alumnus David Booth. In recognition of this gift, the largest ever to any business school, the school is now named The University of Chicago Booth School of Business. It is also referred to as Chicago Booth or just Booth. The school intends to use the gift to continue to attract top academic researchers and support various research programs.
Chicago Booth attracts many strong candidates for its doctoral programs from a diverse background. The incoming class for the year 2008 consisted of 21 students pursuing degrees in Accounting (3), Finance, Econometrics and Statistics, Economics, Marketing, Operations, and Organizational Behavior. Booth is interdisciplinary and quite cohesive as nearly all students take the same classes during their first year in the program. Incoming students come from industry, previous graduate work, and some straight from undergraduate work.
Courses are offered on a quarterly basis, with students taking courses for the first three quarters and devoting the summer quarter to a research paper. The first year consists of taking a finance sequence , a statistics sequence, and an economics sequence. During winter and spring quarters students take an accounting seminar. Accounting students take six seminars during their first three years in the program, each taught by a different professor. This highlights the breadth of the Booth faculty.
Funding is generous at Booth. The stipend for the year 2008 consisted of full tuition, health insurance for the student, and a stipend of $35,000. Incoming students also received a new laptop or desktop as well. Students are not expected to TA or RA, and it is actually highly discouraged during the first two years in the program. The Harper Center, home to Chicago Booth, is a new building with state-of-the art technology and computing resources. First year students are not given a carrel, but can obtain one their second year.
For more information on the PhD program in Accounting, click here.
Chicago has a climate that is described as warm and humid during the summer with cold, snowy, and windy winters. The cost of living in Chicago is estimated at 26% above the national average.
- University of Chicago Accounting Research Ranking
- University of Chicago Ph.D. Accounting Research Ranking
LDS Church Information
Hyde Park has a family ward and a single's branch, both of which meet in a church owned chapel right in Hyde Park (University Ave and 53rd Street). The family ward consists of both students and local members (predominately African American). The university attracts LDS members for many areas of study, including: Law, MBA, Divinity, Humanities, etc. This creates a very diverse and enriching atmosphere within the church.
The Chicago Temple is located on the north side of Chicago and about an hour drive in good traffic.
- Information on Accounting Ph.D. Programs - Results from a survey conducted by AAA on the University of Chicago's Accounting Ph.D program.
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