Ph.D Economics at University Of Pennsylvania [UPENN], Philadelphia Fees, Entry Requirement & Application Deadline

UPenn PhD Economics Dates, Fees, Eligibility etc.

Philadelphia, PennsylvaniaLocation
UniversitySchool type
Estd1740established year
24219enrollment
Private (Not for Profit)
7.8/10

Doctor of Philososphy [Ph.D] (Economics)

5 years
Full Time
On Campus

Field of Study

Ranked #14 out of 1502 by THE Global Ranking 2023
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Collegedunia Team

Content Curator | Updated on - Jan 20, 2026

UPenn Ph.D Economics is a 5 years Full Time Doctorate program. This program is offered On Campus. The first year fees for Ph.D Economics at UPenn is ₹ 0 (). Earlier in 2023, the Ph.D Economics Fee was ₹ 39.19 Lakhs (USD 43174). This shows that the academic fees has decreased by ₹ 3918904 (USD 43174).

For admission to Ph.D Economics at UPenn, international students need TOEFL: 107, GRE : 332, GMAT : 740. For more details, check UPenn Admissions 2026

According to Times Higher Education, UPenn ranked 14 out of 1502 in Global Ranking.

UPenn Ph.D Economics Total Fees 2026

The tuition fee for Ph.D Economics at UPenn is per year (₹ 0). Meanwhile, the total cost is USD 34646/Year (₹ 31.45 Lakhs). 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 Pennsylvania is as follows:

Expense TypeAverage Cost (INR)Equivalent (USD)
Tuition Fee₹ 0
Application Fee₹ 7,262USD 80

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

Expense TypeAverage Cost (INR)Equivalent (USD)
Housing ₹ 15.21 Lakhs USD 16752
Food ₹ 7.01 Lakhs USD 7728
Transportation ₹ 1.29 Lakhs USD 1416
Other Living Expenses ₹ 2.43 Lakhs USD 2676
Health Insurance ₹ 4.23 Lakhs USD 4662
Books and supply ₹ 1.28 Lakhs USD 1412
Total Cost ₹ 31.45 Lakhs USD 34646

Ph.D Economics Tuition Fee Trends at UPenn

UPenn Ph.D Economics Fees for Indian students is ₹ 0 (). This academic fee has decreased by ₹ 3918904 (USD 43174) from 2023. Candidates can check the year on year trends in UPenn Fees in the table below.

Academic YearTuition Fees (INR)Tuition Fees (USD)
2026₹ 0
2023₹ 39.19 LakhsUSD 43174

Ph.D Economics at UPenn Admission 2026

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

CategoryDetails
SchoolThe Wharton School
Course DurationFive Year
Academic Requirement
  • Completed a 4-year UG degree with first class in a relevant field from a recognized institution.
  • Completed a master’s degree with first-class in a relevant field from a recognized institution.
English Language Proficiency ScoreTOEFL 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
  • GRE Verbal: 159 (77%)
  • GRE Quantitative: 169 (90.5%)
  • GRE Writing: 4 (62%)
  • GRE Total : 332

OR

  • GMAT Verbal: 41 (92.5%)
  • GMAT Quantitative: 49.5 (80%)
  • GMAT Writing: 6 (86%)
  • GMAT Total: 740 (96.5%)
Documents Required
  • Online Application Form
  • Resume/CV (Updated)
  • Official Transcripts 
  • Personal Statement essay
  • 3 Letters of Recommendation 
  • Proof of English Proficiency Score
  • GRE/GMAT Scores
  • A copy of your passport
  • Students Visa (if available)
Application fee$80
Application LinkPhD Application Link

UPenn Ph.D Economics Application Link

UPenn Ph.D Economics Application Link; Apply Here

Ph.D Economics at UPenn Admission Requirements

For admission to Ph.D Economics, UPenn accepts TOEFL, GRE, GMAT exam. The average scores among admitted students are typically around: 100 in TOEFL, 332 in GRE, 740 in GMAT.

Ph.D in Economics Fee Comparison

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

UniversityProgramFirst Year Fees in USDFirst Year Fees in INR
Princeton UniversityPhD EconomicsUSD 65,120 /YrINR 59.1 L/Yr
Stanford UniversityPhD EconomicsUSD 63,540 /YrINR 57.7 L/Yr
University of PennsylvaniaPh.D Applied EconomicsUSD 39,838 /YrINR 36.2 L/Yr
University of ChicagoPh.D EconomicsUSD 75,780 /YrINR 68.8 L/Yr
Northwestern UniversityPh.D Financial EconomicsUSD 66,912 /YrINR 60.7 L/Yr
Also Check:

Tuition Fees


Other Expenses

HeadAvg Cost Per Year
Housing$16752
Food$7728

Previous Year Tuition Fees

Year1st Year Fees
2023$43174

Scores Required

100 / 120

Avg. Score in

TOEFL

332 / 340

Avg. Score in

GRE

740 / 805

Avg. Score in

GMAT

80

Application Fees


Ranking

202520242023202220212020201920182017

QS World University logo
Economics 14 out of 700 in Global Ranking
( #11 out of 113 in USA 2025)

US News logo
Economics 9 out of 147 in Global Ranking
( #4 out of 141 in USA 2025)

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Scholarship Grants & Financial Aids

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