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

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

Chicago, IllinoisLocation
UniversitySchool type
Estd1890established year
16509enrollment
Private (Not for Profit)
7.6/10

Doctor of Philosophy [Ph.D] (Finance)

4 years
Full Time
On Campus

Field of Study

$75,780 /Yr

Collegedunia Team's profile photo

Collegedunia Team

Content Curator | Updated on - Nov 21, 2025

UChicago Ph.D Finance is a 4 years Full Time Doctorate program. This program is offered On Campus. The first year fees for Ph.D Finance at UChicago is ₹ 67.26 Lakhs (USD 75780). Earlier in 2023, the Ph.D Finance Fee was ₹ 62.18 Lakhs (USD 70056). This shows that the academic fees has increased by ₹ 508062 (USD 5724).

For admission to Ph.D Finance at UChicago, international students need IELTS: 7.0, TOEFL iBT: 100. The Application Deadline For Fall 2026 Intake is 15 December 2025. For more details, check UChicago Admissions 2025

UChicago Ph.D Finance Total Fees 2025

The tuition fee for Ph.D Finance at UChicago is USD 75780 per year (₹ 67.26 Lakhs). Meanwhile, the total cost is USD 117917/Year (₹ 1.05 Crore). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.

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

Expense TypeAverage Cost (INR)Equivalent (USD)
Tuition Fee₹ 67.26 LakhsUSD 75780
Application Fee₹ 7,101USD 80

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

Expense TypeAverage Cost (INR)Equivalent (USD)
Housing and Food ₹ 23.09 Lakhs USD 26010
Transportation ₹ 1.6 Lakhs USD 1800
Health Insurance ₹ 4.44 Lakhs USD 4998
Books and supply ₹ 48,729 USD 549
Compulsory Fees ₹ 1.36 Lakhs USD 1530
Miscellaneous expenses ₹ 6.44 Lakhs USD 7250
Total Cost ₹ 37.4 Lakhs USD 42137

Ph.D Finance Tuition Fee Trends at UChicago

UChicago Ph.D Finance Fees for Indian students is ₹ 67.26 Lakhs (USD 75780). This academic fee has increased by ₹ 508062 (USD 5724) from 2023. Candidates can check the year on year trends in UChicago Fees in the table below.

Academic YearTuition Fees (INR)Tuition Fees (USD)
2024₹ 67.26 LakhsUSD 75780
2023₹ 62.18 LakhsUSD 70056

UChicago Ph.D Finance Application Deadlines & Important Dates

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

  • Application Deadline For Fall 2026 Intake is 15 December 2025

Ph.D Finance at UChicago Admission 2025

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

Requirement Type

Details

School

Chicago Booth School of Business

Academic Requirement

  • Applicants must hold a bachelor's degree from an accredited institution or expect to obtain one before program commencement.
  • Recommended Background: A strong foundation in economics and mathematics is advantageous, as the program involves rigorous quantitative analysis.
  • Academic Records (Transcripts): Must include grading scales, courses taken each year, grades received, and class rank (if available).
  • GPA Requirement: While there is no minimum GPA requirement, the average GPA of admitted students is 3.82.

Non-Eligible Qualifications

  • Professional diplomas, higher certificates, or memberships (e.g., Chartered Accountants) without a recognized university degree.
GMAT/GRE Requirement
  • There is no official minimum GRE or GMAT score required, successful applicants typically present strong quantitative credentials.
  • For the 2024-25 admitted cohort, the average GRE Quantitative score was 168, and the average GMAT score was 725

English Language Requirements

  • IELTS: Minimum Score of 7.0.
  • TOEFL (iBT): Minimum Score of 100.

Documents Required

  • Online Application Form.
  • Official Academic Transcripts.
  • Proof of English Language Proficiency.
  • GRE/GMAT scores.
  • Two Letter of Recommendation (LOR).
  • Statement of Purpose (SOP).
  • Resume/CV.
  • Copy of Passport.

Application link

Application Link

Application Fee

$80

UChicago Ph.D Finance Application Link

UChicago Ph.D Finance Application Link; Apply Here

Ph.D Finance at UChicago Admission Requirements

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

Ph.D in Finance Fee Comparison

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

UniversityProgramFirst Year Fees in USDFirst Year Fees in INR
University of IllinoisPh.D FinanceUSD 46,500 /YrINR 41.3 L/Yr
Yale UniversityPh.D FinanceUSD 67,250 /YrINR 59.7 L/Yr
Massachusetts Institute of TechnologyPhD FinanceUSD 86,530 /YrINR 76.8 L/Yr
Stanford UniversityPhD FinanceUSD 45,360 /YrINR 40.3 L/Yr
University of CaliforniaPhD FinanceUSD 13,140 /YrINR 11.7 L/Yr
University of PennsylvaniaPh.D FinanceUSD 39,838 /YrINR 35.4 L/Yr
Northwestern UniversityPh.D FinanceUSD 66,912 /YrINR 59.4 L/Yr
Cornell UniversityPh.D FinanceUSD 20,800 /YrINR 18.5 L/Yr
Emory UniversityPh.D FinanceUSD 23,900 /YrINR 21.2 L/Yr
Georgia Institute of TechnologyPh.D FinanceUSD 35,000 /YrINR 31.1 L/Yr
Also Check:

Important Alert

  • Application Deadline For Fall 2026 Intake - Dec 15, 2025

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 2026 Intake Dec 15, 2025

Scores Required

7 / 9

Avg. Score in

IELTS

100 / 120

Avg. Score in

TOEFL

80

Application Fees


Ranking

20242023202220212020201920182017

QS World University logo
Finance 5 out of 351 in Global Ranking
( #4 out of 70 in USA 2024)

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



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
Application Deadline For Fall 2025 Intake (15th Jan 2025)
USD 46,500 /Yr
  • TOEFL: 104
  • IELTS: 6
--
USD 67,250 /Yr
  • IELTS: 7.0
  • TOEFL: 100
  • PTE: 70
Application Deadline for Fall Term 2026 (15th Dec 2025)
USD 86,530 /Yr
  • IELTS: 7
  • TOEFL: 90
  • GRE: 330
Application Deadline For Fall 2026 Intake (1st Dec 2025)
USD 45,360 /Yr
  • TOEFL: 100
  • GRE: 328
  • IELTS: 7.0
Application Deadline For Fall 2026 Intake (4th Dec 2025)
USD 13,140 /Yr
  • IELTS: 7.0
  • TOEFL: 90

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