Doctor of Philosophy [PhD] (Economics)
Field of Study:
$46,540 /Yr
UPenn PhD Economics 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 Economics at UPenn is ₹ 43.97 Lakhs (USD 46540). Earlier in 2023, the PhD Economics Fee was ₹ 40.79 Lakhs (USD 43174). This shows that the academic fees has increased by ₹ 318019 (USD 3366).
For admission to PhD Economics 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 14 out of 700 in Global Ranking.
UPenn PhD Economics Total Fees 2026
The tuition fee for PhD Economics 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 Economics 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 Economics 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 Economics Tuition Fee Trends at UPenn
UPenn PhD Economics Fees for Indian students is ₹ 43.97 Lakhs (USD 46540). This academic fee has increased by ₹ 318019 (USD 3366) 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 | ₹ 40.79 Lakhs | USD 43174 |
UPenn PhD Economics Application Deadlines & Important Dates
The key dates for the application process for PhD Economics at UPenn include:
- Application Deadline for Fall 2027 Intake is 15 December 2026
PhD Economics at UPenn Admission 2026
To be eligible for admission to PhD Economics at UPenn, applicants must meet specific academic and language requirements.
| Category | Details |
| School | The Wharton School |
| Course Duration | Five 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 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 | 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 Link | PhD Application Link |
UPenn PhD Economics Application Link
UPenn PhD Economics Application Link; Apply Here
PhD Economics at UPenn Admission Requirements
For admission to PhD Economics, UPenn accepts TOEFL, IELTS exam. The average scores among admitted students are typically around: 100 in TOEFL, 7 in IELTS.
PhD in Economics Fee Comparison
The fee comparison for similar programs like UPenn PhD Economics are:
| University | Program | First Year Fees in USD | First Year Fees in INR |
|---|---|---|---|
| Princeton University | PhD Economics | USD 65,120 /Yr | INR 61.5 L/Yr |
| Stanford University | PhD Economics | USD 63,540 /Yr | INR 60 L/Yr |
| University of Pennsylvania | Ph.D Applied Economics | USD 46,540 /Yr | INR 44 L/Yr |
| University of Chicago | Ph.D Economics | USD 75,780 /Yr | INR 71.6 L/Yr |
| Northwestern University | Ph.D Financial Economics | USD 66,912 /Yr | INR 63.2 L/Yr |
Important Alert
- Application Deadline for Fall 2027 Intake - Dec 15, 2026
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $46540 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | $12978 |
| Food | $5988 |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2023 | $43174 |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline for Fall 2027 Intake | Dec 15, 2026 |
Required Document List
Complete Application
Application Fee
Official Transcripts
English Language Requirements
A copy of the Passport
Resume
Personal Statement
Three Letters of Recommendation
GRE/GMAT scores
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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| Financial Aid Awards | 1 | All Admitted Students (Award Amount: 100% Tuition Fees) |
Key Resources for Your Study Abroad Journey
Scholarship Grants & Financial Aids
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| Go Clean Scholarship | Scholarship per student$ 3,500/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Washington DC Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
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| 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 65,120 /Yr |
| ||
-- | USD 63,540 /Yr |
| ||
Application Deadline for Fall 2027 Intake (15th Dec 2026) | USD 46,540 /Yr |
| ||
Application Deadline For Fall 2027 Intake (15th Dec 2026) | USD 75,780 /Yr |
| ||
-- | USD 66,912 /Yr |
|
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