Ph.D Economics at Massachusetts Institute Of Technology [MIT], Cambridge Fees, Entry Requirement & Application Deadline

MIT Ph.D Economics Fees, Eligibility, Admission & Deadlines

Cambridge, MassachusettsLocation
UniversitySchool type
Estd1861established year
11886enrollment
Private (Not for Profit)

Doctor of Philososphy [Ph.D] (Economics)

5 years
Full Time
On Campus

Field of Study

Ranked #5 out of 1502 by THE Global Ranking 2023

₹58 L/Yr

$64,310 /Yr

Important Alert

  • Application Deadline for Fall 2027 Intake - Sep 15, 2026 - Dec 15, 2026

Tuition Fees

Year1st Year Fees
Tuition Fees₹5799476 (USD 64310)

Other Expenses

HeadAvg Cost Per Year
Housing₹1460916 (USD 16200)
Transportation₹248356 (USD 2754)

Generally, PhD courses are fully funded

Previous Year Tuition Fees

Year1st Year Fees
2024₹3214466 (USD 35645)
2023₹4518018 (USD 50100)
2022₹4518018 (USD 50100)
2021₹1605204 (USD 17800)

Important Dates

Upcoming dates are tentatively compared to the previous year’s dates.

EventApplication Date
Application Deadline for Fall 2027 Intake Sep 15, 2026 - Dec 15, 2026

Scores Required

7 / 9

Avg. Score in

IELTS

100 / 120

Avg. Score in

TOEFL

135 / 160

Avg. Score in

Duolingo

90

Application Fees


Ranking

202520242023202220212020201920182017

QS World University logo
Economics 2 out of 700 in Global Ranking
( #2 out of 113 in USA 2025)

US News logo
Economics 1 out of 147 in Global Ranking
( #1 out of 141 in USA 2025)

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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Forktip Women’s- Innovation ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
Go Clean ScholarshipScholarship per student₹ 3.2 L/Yr$3,500Level Of StudyBachelorTypeMerit-Based
Washington DC ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Comindware ScholarshipScholarship per student₹ 3.6 L/Yr$4,000Level Of StudyApprenticeshipTypeMerit-Based

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