Doctor of Philosophy [Ph.D] (Finance)
Field of Study:
$39,838 /Yr
UPenn Ph.D Finance is a 5 years Full Time Doctorate program. This program is offered On Campus. The first year fees for Ph.D Finance at UPenn is ₹ 35.06 Lakhs (USD 39838). Earlier in 2022, the Ph.D Finance Fee was ₹ 34.08 Lakhs (USD 38732). This shows that the academic fees has increased by ₹ 97328 (USD 1106).
For admission to Ph.D Finance at UPenn, international students need TOEFL: 107, GRE : 332, GMAT : 740. For more details, check UPenn Admissions 2025
According to Times Higher Education, UPenn ranked 14 out of 1501 in Global Ranking.
UPenn Ph.D Finance Total Fees 2025
The tuition fee for Ph.D Finance at UPenn is USD 39838 per year (₹ 35.06 Lakhs). Meanwhile, the total cost is USD 71268/Year (₹ 62.72 Lakhs). 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 Pennsylvania is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Tuition Fee | ₹ 35.06 Lakhs | USD 39838 |
| Application Fee | ₹ 7,040 | USD 80 |
The other expenses for Ph.D Finance at University of Pennsylvania is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Housing | ₹ 13.29 Lakhs | USD 15100 |
| Food | ₹ 6.66 Lakhs | USD 7570 |
| Transportation | ₹ 94,160 | USD 1070 |
| Health Insurance | ₹ 3.55 Lakhs | USD 4030 |
| Miscellaneous expenses | ₹ 3.22 Lakhs | USD 3660 |
| Total Cost | ₹ 27.66 Lakhs | USD 31430 |
Ph.D Finance Tuition Fee Trends at UPenn
UPenn Ph.D Finance Fees for Indian students is ₹ 35.06 Lakhs (USD 39838). This academic fee has remained the same from 2022. Candidates can check the year on year trends in UPenn Fees in the table below.
| Academic Year | Tuition Fees (INR) | Tuition Fees (USD) |
|---|---|---|
| 2023 | ₹ 35.06 Lakhs | USD 39838 |
| 2022 | ₹ 34.08 Lakhs | USD 38732 |
Ph.D Finance at UPenn Admission 2025
To be eligible for admission to Ph.D Finance at UPenn, applicants must meet specific academic and language requirements.
| Category | Details |
| School | The Wharton School |
| Course Duration | Five Year |
| Academic Requirement |
|
| English Language Proficiency Score | TOEFL iBT : Overall score of 107 with minimum subscore of 29 in Reading, 28 in Listening, 23.4 in Speaking and 26 in Writing. |
| GRE/GMAT Scores |
OR
|
| Documents Required |
|
| Application fee | $80 |
| Application Link | PhD Application Link |
UPenn Ph.D Finance Application Link
UPenn Ph.D Finance Application Link; Apply Here
Ph.D Finance at UPenn Admission Requirements
For admission to Ph.D Finance, UPenn accepts TOEFL, GRE, IELTS exam. The average scores among admitted students are typically around: 100 in TOEFL, 324 in GRE, 7 in IELTS.
Ph.D in Finance Fee Comparison
The fee comparison for similar programs like UPenn Ph.D Finance are:
| University | Program | First Year Fees in USD | First Year Fees in INR |
|---|---|---|---|
| Yale University | Ph.D Finance | USD 67,250 /Yr | INR 59.2 L/Yr |
| Massachusetts Institute of Technology | PhD Finance | USD 86,530 /Yr | INR 76.1 L/Yr |
| Stanford University | PhD Finance | USD 45,360 /Yr | INR 39.9 L/Yr |
| University of California | PhD Finance | USD 13,140 /Yr | INR 11.6 L/Yr |
| University of Chicago | Ph.D Finance | USD 75,780 /Yr | INR 66.7 L/Yr |
| Northwestern University | Ph.D Finance | USD 66,912 /Yr | INR 58.9 L/Yr |
| Cornell University | Ph.D Finance | USD 20,800 /Yr | INR 18.3 L/Yr |
| Emory University | Ph.D Finance | USD 23,900 /Yr | INR 21 L/Yr |
| Georgia Institute of Technology | Ph.D Finance | USD 35,000 /Yr | INR 30.8 L/Yr |
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $39838 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | $15100 |
| Food | $7570 |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2022 | $38732 |
Scores Required
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Key Resources for Your Study Abroad Journey
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
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| Go Clean Scholarship | Scholarship per student$ 3,500/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Washington DC Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Comindware Scholarship | Scholarship per student$ 4,000/Yr$4,000 | Level Of StudyApprenticeship | TypeMerit-Based | |
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
-- | USD 67,250 /Yr |
| ||
Application Deadline for Fall Term 2026 (15th Dec 2025) | USD 86,530 /Yr |
| ||
Application Deadline For Fall 2026 Intake (1st Dec 2025) | USD 45,360 /Yr |
| ||
Application Deadline For Fall 2026 Intake (4th Dec 2025) | USD 13,140 /Yr |
| ||
Application Deadline For Fall 2026 Intake (15th Dec 2025) | USD 75,780 /Yr |
|
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