Doctor of Philosophy [PhD] (Finance)
Field of Study:
₹41.6 L/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 ₹ 36.16 Lakhs (USD 39838). Earlier in 2022, the Ph.D Finance Fee was ₹ 35.16 Lakhs (USD 38732). This shows that the academic fees has increased by ₹ 100391 (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 2026
According to Times Higher Education, UPenn ranked 14 out of 1501 in Global Ranking.
UPenn Ph.D Finance Total Fees 2026
The tuition fee for Ph.D Finance at UPenn is USD 39838 per year (₹ 36.16 Lakhs). Meanwhile, the total cost is USD 71268/Year (₹ 64.69 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 | ₹ 36.16 Lakhs | USD 39838 |
| Application Fee | ₹ 7,262 | USD 80 |
The other expenses for Ph.D Finance at University of Pennsylvania is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Housing | ₹ 13.71 Lakhs | USD 15100 |
| Food | ₹ 6.87 Lakhs | USD 7570 |
| Transportation | ₹ 97,124 | USD 1070 |
| Health Insurance | ₹ 3.66 Lakhs | USD 4030 |
| Miscellaneous expenses | ₹ 3.32 Lakhs | USD 3660 |
| Total Cost | ₹ 28.53 Lakhs | USD 31430 |
Ph.D Finance Tuition Fee Trends at UPenn
UPenn Ph.D Finance Fees for Indian students is ₹ 36.16 Lakhs (USD 39838). This academic fee has increased by ₹ 100391 (USD 1106) 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 | ₹ 36.16 Lakhs | USD 39838 |
| 2022 | ₹ 35.16 Lakhs | USD 38732 |
Ph.D Finance at UPenn Admission 2026
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 61 L/Yr |
| Massachusetts Institute of Technology | PhD Finance | USD 86,530 /Yr | INR 78.5 L/Yr |
| Stanford University | PhD Finance | USD 63,540 /Yr | INR 57.7 L/Yr |
| University of California | PhD Finance | USD 13,140 /Yr | INR 11.9 L/Yr |
| University of Chicago | Ph.D Finance | USD 75,780 /Yr | INR 68.8 L/Yr |
| Northwestern University | Ph.D Finance | USD 66,912 /Yr | INR 60.7 L/Yr |
| Cornell University | Ph.D Finance | USD 20,800 /Yr | INR 18.9 L/Yr |
| Emory University | PhD Finance | USD 48,800 /Yr | INR 44.3 L/Yr |
| Georgia Institute of Technology | Ph.D Finance | USD 35,000 /Yr | INR 31.8 L/Yr |
| University of Southern California | Ph.D Finance | USD 27,072 /Yr | INR 24.6 L/Yr |
Important Alert
- Application Deadline for Fall 2027 Intake - Dec 15, 2026
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹4160281 (USD 44792) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | ₹1402488 (USD 15100) |
| Food | ₹703102 (USD 7570) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2023 | ₹3700153 (USD 39838) |
| 2022 | ₹3597428 (USD 38732) |
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
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Comindware Scholarship | Scholarship per student₹ 3.7 L/Yr$4,000 | Level Of StudyApprenticeship | TypeMerit-Based | |
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| Go Clean Scholarship | Scholarship per student₹ 3.3 L/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Washington DC Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Application Deadline for 2026-27 Intake (15th Dec 2026) | INR 47.3 L/Yr USD 50,900 /Yr |
| ||
-- | INR 80.4 L/Yr USD 86,530 /Yr |
| ||
-- | INR 59 L/Yr USD 63,540 /Yr |
| ||
-- | INR 12.2 L/Yr USD 13,140 /Yr |
| ||
Application Deadline For Fall 2027 Intake (15th Dec 2026) | INR 70.4 L/Yr USD 75,780 /Yr |
|
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