Dr. James Schrager

Professor

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Biography

James E. Schrager is a Clinical Professor at the University of Chicago Booth School of Business, specializing in Entrepreneurship, Strategy, and Leadership. He focuses on using strategy to predict the success or failure of businesses, applying Herbert Simon’s concept of Bounded Rationality as a framework. Over the years, he has published multiple articles in prominent outlets, including the Wall Street Journal and CEO Magazine, and has served as an expert commentator for major news networks. He has also been the editor of the Journal of Private Equity for fifteen years. In 2013, he co-authored a paper in the emerging field of Behavioral Strategy. Schrager has extensive experience advising CEOs and corporations, including involvement in corporate turnarounds and significant initial public offerings. He has received multiple awards for his teaching excellence and has been recognized as one of the top teachers of entrepreneurship in the United States. He holds a bachelor's degree in Economics from Oakland University, an MBA from the University of Colorado, a JD from DePaul University College of Law, and a PhD from the University of Chicago in Organization Behavior and Policy. Additionally, he has been a certified public accountant in Illinois.

Research Interests

Requirements for University of Chicago Booth School of Business

Doctorate Program
Requirements
GMAT
GRE General
TOEFL
Total
Required:100
IELTS
Listening
Required:7
Reading
Required:7
Writing
Required:7
Speaking
Required:7
Overall
Required:7
Prerequisites
Undergraduate degree or equivalent
Application Checklist
  • Online application
  • Application fee ($80)
  • Transcripts from all post-secondary institutions
  • Two to four letters of recommendation
  • Resume/CV
  • Statement of Purpose (2-4 pages)
  • Optional writing sample (up to 30 pages)
  • Standardized test scores (GMAT or GRE)
Specialization Notes

The doctoral program at Booth is organized into 'dissertation areas' which include Accounting, Behavioral Science, Econometrics and Statistics, Finance, Marketing, and Operations Management.