Ph.D Economics at University Of Chicago [UCHICAGO], Chicago Fees, Entry Requirement & Application Deadline

University of Chicago, Doctor of Philosophy [Ph.D] in Economics, Eligibility, Application Deadlines, Fee Details & Scholarships

Chicago, IllinoisLocation
UniversitySchool type
Estd1890established year
16509enrollment
Private (Not for Profit)
7.7/10

Doctor of Philosophy [Ph.D] (Economics)

4 years
Full Time
On Campus

Field of Study

$75,780 /Yr

Collegedunia Team's profile photo

Collegedunia Team

Content Curator | Updated on - Jan 31, 2026

UChicago Ph.D Economics is a 4 years Full Time Doctorate program. This program is offered On Campus. The first year fees for Ph.D Economics at UChicago is ₹ 68.79 Lakhs (USD 75780). Earlier in 2023, the Ph.D Economics Fee was ₹ 63.59 Lakhs (USD 70056). This shows that the academic fees has increased by ₹ 519568 (USD 5724).

For admission to Ph.D Economics at UChicago, international students need GPA: 3.8, IELTS: 7.0, TOFEL: 100. The Application Deadline For Fall 2027 Intake is 15 December 2026. For more details, check UChicago Admissions 2026

UChicago Ph.D Economics Total Fees 2026

The tuition fee for Ph.D Economics at UChicago is USD 75780 per year (₹ 68.79 Lakhs). Meanwhile, the total cost is USD 117917/Year (₹ 1.07 Crore). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.

The tuition fee for Ph.D Economics at University of Chicago is as follows:

Expense Type Average Cost (INR) Equivalent (USD)
Tuition Fee ₹ 68.79 Lakhs USD 75780
Application Fee ₹ 7,262 USD 80

The other expenses for Ph.D Economics at University of Chicago is as follows:

Expense Type Average Cost (INR) Equivalent (USD)
Housing and Food ₹ 23.61 Lakhs USD 26010
Transportation ₹ 1.63 Lakhs USD 1800
Miscellaneous Personal Expenses ₹ 6.58 Lakhs USD 7250
Health Insurance ₹ 4.54 Lakhs USD 4998
Books and supply ₹ 49,833 USD 549
Compulsory Fees ₹ 1.39 Lakhs USD 1530
Total Cost ₹ 38.25 Lakhs USD 42137

Ph.D Economics Tuition Fee Trends at UChicago

UChicago Ph.D Economics Fees for Indian students is ₹ 68.79 Lakhs (USD 75780). This academic fee has increased by ₹ 519568 (USD 5724) from 2023. Candidates can check the year on year trends in UChicago Fees in the table below.

Academic Year Tuition Fees (INR) Tuition Fees (USD)
2024 ₹ 68.79 Lakhs USD 75780
2023 ₹ 63.59 Lakhs USD 70056

UChicago Ph.D Economics Application Deadlines & Important Dates

The key dates for the application process for Ph.D Economics at UChicago include:

  • Application Deadline For Fall 2027 Intake is 15 December 2026

Ph.D Economics at UChicago Admission 2026

To be eligible for admission to Ph.D Economics at UChicago, applicants must meet specific academic and language requirements.

Category Details
School Chicago Booth Business School
Academic Requirement A bachelor’s degree or equivalent in a related field, with a GPA of at least 3.8 or above.
English Language Requirements TOEFL: 100 | IELTS: 7.0
Test Scores GMAT: 685 | GRE: 324
Duration of Program 4 – 5 Years
Credits -
Application Fee $80
Application Link Application Link
Documents Required Online application
Application Fee
Transcripts
English proficiency exam scores
Copy of Passport
Resume
Two Letters of Recommendation
Statement of Purpose
Optional Writing Sample

UChicago Ph.D Economics Application Link

UChicago Ph.D Economics Application Link; Apply Here

Ph.D Economics at UChicago Admission Requirements

For admission to Ph.D Economics, UChicago accepts IELTS, TOEFL, GMAT, GRE exam. The average scores among admitted students are typically around: 7 in IELTS, 100 in TOEFL, 685 in GMAT, 324 in GRE.

Ph.D in Economics Fee Comparison

The fee comparison for similar programs like UChicago Ph.D Economics are:

University Program First Year Fees in USD First Year Fees in INR
University of California PhD Economics USD 13,140 /Yr INR 11.9 L/Yr
Princeton University PhD Economics USD 65,120 /Yr INR 59.1 L/Yr
Stanford University PhD Economics USD 63,540 /Yr INR 57.7 L/Yr
University of Chicago Ph.D Financial Economics USD 75,780 /Yr INR 68.8 L/Yr

Also Check:


Important Alert

  • Application Deadline For Fall 2027 Intake - Dec 15, 2026

Tuition Fees

Year1st Year Fees
Tuition Fees$75780

Other Expenses

HeadAvg Cost Per Year
Housing and Food$26010
Transportation$1800

Previous Year Tuition Fees

Year1st Year Fees
2023$70056

Important Dates

EventApplication Date
Application Deadline For Fall 2027 Intake Dec 15, 2026

Scores Required

7 / 9

Avg. Score in

IELTS

5 / 6

Avg. Score in

TOEFL

685 / 800

Avg. Score in

GMAT

324 / 340

Avg. Score in

GRE

80

Application Fees


Ranking

202520242023202220212020201920182017

QS World University logo
Economics 4 out of 700 in Global Ranking
( #4 out of 113 in USA 2025)

US News logo
Economics 1 out of 147 in Global Ranking
( #1 out of 141 in USA 2025)

Do you think the Rankings are wrong ?  Report Here

TOP Scholarships

Scholarship nameAward amountEligibility
Stevens Program (Full Funding)Full tuition + $55,000 annual stipendAll admitted PhD students



Options Available

ProgramDelivery TypeDurationProgram TypeTuition Fees
Ph.D Econometrics and Statisticsfull time4 yearson-campus, Thesis Based$84447
Ph.D Financial Economicsfull time4 yearson-campus, dual_degree,Thesis Based$84447

Comments


No Comments To Show

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Go Clean ScholarshipScholarship per student$ 3,500/Yr$3,500Level Of StudyBachelorTypeMerit-Based
Washington DC ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Comindware ScholarshipScholarship per student$ 4,000/Yr$4,000Level Of StudyApprenticeshipTypeMerit-Based
Forktip Women’s- Innovation ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
--
USD 13,140 /Yr
  • IELTS: 7.0
  • TOEFL: 90
--
USD 65,120 /Yr
  • TOEFL: 108
  • IELTS: 8
  • Duolingo: 125
--
USD 63,540 /Yr
  • TOEFL: 4.5
  • IELTS: 7
--
USD 75,780 /Yr

Do you think the Dates are wrong ?  Report Here

Videos
Write A Review & Earn Upto 20 USD*

Refer & Earn 5 USD For Every Approved Review

Cash Rewarded

$1500

Reviews Collected

3k+ Reviews

interested in this College ?

Get free counselling
Important Dates