Doctor of Philosophy [PhD] (Finance)
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$46,540 /Yr
UPenn PhD Finance is a 5 years Full Time Doctorate program. This program is offered On Campus, requiring a successful completion of 20 credits. The first year fees for PhD Finance at UPenn is ₹ 43.97 Lakhs (USD 46540). Earlier in 2023, the PhD Finance Fee was ₹ 37.64 Lakhs (USD 39838). This shows that the academic fees has increased by ₹ 633205 (USD 6702).
For admission to PhD Finance at UPenn, international students need GPA: 3.0, TOEFL: 100, IELTS: 7.0. The Application Deadline for Fall 2027 Intake is 15 December 2026. For more details, check UPenn Admissions 2026
According to QS World University, UPenn ranked 8 out of 351 in Global Ranking.
UPenn PhD Finance Total Fees 2026
The tuition fee for PhD Finance at UPenn is USD 46540 per year (₹ 43.97 Lakhs). Meanwhile, the total cost is USD 79292/Year (₹ 74.92 Lakhs). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.
The tuition fee for PhD Finance at University of Pennsylvania is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Tuition Fee | ₹ 43.97 Lakhs | USD 46540 |
| Application Fee | ₹ 7,558 | USD 80 |
The other expenses for PhD Finance at University of Pennsylvania is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Housing | ₹ 12.26 Lakhs | USD 12978 |
| Food | ₹ 5.66 Lakhs | USD 5988 |
| Transportation | ₹ 1.02 Lakhs | USD 1080 |
| Personal Expenses | ₹ 1.9 Lakhs | USD 2008 |
| Health Insurance | ₹ 4.74 Lakhs | USD 5018 |
| Books and supply | ₹ 1.33 Lakhs | USD 1412 |
| Other Fees | ₹ 4.03 Lakhs | USD 4268 |
| Total Cost | ₹ 30.94 Lakhs | USD 32752 |
PhD Finance Tuition Fee Trends at UPenn
UPenn PhD Finance Fees for Indian students is ₹ 43.97 Lakhs (USD 46540). This academic fee has increased by ₹ 633205 (USD 6702) from 2023. Candidates can check the year on year trends in UPenn Fees in the table below.
| Academic Year | Tuition Fees (INR) | Tuition Fees (USD) |
|---|---|---|
| 2026 | ₹ 43.97 Lakhs | USD 46540 |
| 2023 | ₹ 37.64 Lakhs | USD 39838 |
| 2022 | ₹ 36.59 Lakhs | USD 38732 |
UPenn PhD Finance Application Deadlines & Important Dates
The key dates for the application process for PhD Finance at UPenn include:
- Application Deadline for Fall 2027 Intake is 15 December 2026
PhD Finance at UPenn Admission 2026
To be eligible for admission to PhD 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 PhD Finance Application Link
UPenn PhD Finance Application Link; Apply Here
PhD Finance at UPenn Admission Requirements
For admission to PhD Finance, UPenn accepts TOEFL, IELTS exam. The average scores among admitted students are typically around: 100 in TOEFL, 7 in IELTS.
PhD in Finance Fee Comparison
The fee comparison for similar programs like UPenn PhD Finance are:
| University | Program | First Year Fees in USD | First Year Fees in INR |
|---|---|---|---|
| Yale University | Ph.D Finance | USD 50,900 /Yr | INR 48.1 L/Yr |
| Massachusetts Institute of Technology | PhD Finance | USD 86,530 /Yr | INR 81.8 L/Yr |
| Stanford University | PhD Finance | USD 63,540 /Yr | INR 60 L/Yr |
| University of California | PhD Finance | USD 13,140 /Yr | INR 12.4 L/Yr |
| University of Chicago | Ph.D Finance | USD 75,780 /Yr | INR 71.6 L/Yr |
| Northwestern University | Ph.D Finance | USD 66,912 /Yr | INR 63.2 L/Yr |
| Emory University | PhD Finance | USD 48,800 /Yr | INR 46.1 L/Yr |
| Georgia Institute of Technology | Ph.D Finance | USD 35,000 /Yr | INR 33.1 L/Yr |
| University of Southern California | Ph.D Finance | USD 31,380 /Yr | INR 29.6 L/Yr |
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- Application Deadline for Fall 2027 Intake - Dec 15, 2026
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| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $46540 |
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| rhEkXj | Znqz7Q |
|---|---|
| Housing | $12978 |
| Food | $5988 |
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| 3PAU4M | N4s6oj |
|---|---|
| 2023 | $39838 |
| 2022 | $38732 |
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| 0pC/y6 | 7d7ba6 |
|---|---|
| Application Deadline for Fall 2027 Intake | Dec 15, 2026 |
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Complete Application
Application Fee
Official Transcripts
English Language Requirements
A copy of the Passport
Resume
Personal Statement
Three Letters of Recommendation
GRE/GMAT scores
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| GkV5N/ | k/jX7I | vvWrCI |
|---|---|---|
| Financial Aid Awards | 1 | All Admitted Students (Award Amount: 100% Tuition Fees) |
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| 6YtxFj | a+VJO9 | sFGV92 | +zy2Nq | |
|---|---|---|---|---|
| Comindware Scholarship | NDHjH0$ 4,000/Yr$4,000 | 70v4DRApprenticeship | +zy2NqMerit-Based | |
| Forktip Women’s- Innovation Scholarship | NDHjH0Variable Amount | 70v4DRBachelor | +zy2NqCollege-Specific | |
| Go Clean Scholarship | NDHjH0$ 3,500/Yr$3,500 | 70v4DRBachelor | +zy2NqMerit-Based | |
| Washington DC Scholarships | NDHjH0Variable Amount | 70v4DRBachelor | +zy2NqMerit-Based |
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| 8MIU1T | S2h7Mt | BxsfMK | uN65io | bwRvnp |
|---|---|---|---|---|
Application Deadline for 2026-27 Intake (15th Dec 2026) | USD 50,900 /Yr |
| ||
MIT Sloan PhD Finance admission deadline (1st Dec 2026) | USD 66,720 /Yr |
| ||
-- | USD 13,140 /Yr |
| ||
Application Deadline for 2027 Intake (15th Dec 2026) | USD 48,800 /Yr |
| ||
Application Deadline for Fall 2027 Intake (6th Jan 2027) | USD 2,600 /Yr |
|
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