Doctor of Philosophy [PhD] (Finance (Business) and Economics)
Field of Study:
₹50.6 L/Yr
UW Madison PhD Finance (Business) and Economics is a 5 years Full Time Doctorate program. This program is offered Joint_program,on Campus, requiring a successful completion of 51 credits. The first year fees for PhD Finance (Business) and Economics at UW Madison is ₹ 50.9 Lakhs (USD 53090). Earlier in 2024, the PhD Finance (Business) and Economics Fee was ₹ 16.06 Lakhs (USD 16748). This shows that the academic fees has increased by ₹ 3484471 (USD 36342).
For admission to PhD Finance (Business) and Economics at UW Madison, international students need GPA: 3.0, TOEFL: 106, IELTS: 7.5. The Application Deadline for Fall 2027 Intake is 15 December 2026. For more details, check UW Madison Admissions 2026
UW Madison PhD Finance (Business) and Economics Total Fees 2026
The tuition fee for PhD Finance (Business) and Economics at UW Madison is USD 53090 per year (₹ 50.9 Lakhs). Meanwhile, the total cost is USD 78204/Year (₹ 74.98 Lakhs). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.
The tuition fee for PhD Finance (Business) and Economics at University of Wisconsin is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Tuition Fee | ₹ 50.9 Lakhs | USD 53090 |
| Application Fee | ₹ 7,191 | USD 75 |
The other expenses for PhD Finance (Business) and Economics at University of Wisconsin is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Housing & Meals | ₹ 15.74 Lakhs | USD 16414 |
| Transportation | ₹ 1.44 Lakhs | USD 1500 |
| Personal Expenses | ₹ 4.79 Lakhs | USD 5000 |
| Books and supply | ₹ 67,116 | USD 700 |
| Other Fees | ₹ 1.44 Lakhs | USD 1500 |
| Total Cost | ₹ 24.08 Lakhs | USD 25114 |
PhD Finance (Business) and Economics Tuition Fee Trends at UW Madison
UW Madison PhD Finance (Business) and Economics Fees for Indian students is ₹ 50.9 Lakhs (USD 53090). This academic fee has increased by ₹ 3484471 (USD 36342) from 2024. Candidates can check the year on year trends in UW Madison Fees in the table below.
| Academic Year | Tuition Fees (INR) | Tuition Fees (USD) |
|---|---|---|
| 2026 | ₹ 50.9 Lakhs | USD 53090 |
| 2024 | ₹ 16.06 Lakhs | USD 16748 |
| 2023 | ₹ 50.04 Lakhs | USD 52188 |
UW Madison PhD Finance (Business) and Economics Application Deadlines & Important Dates
The key dates for the application process for PhD Finance (Business) and Economics at UW Madison include:
- Application Deadline for Fall 2027 Intake is 15 December 2026
PhD Finance (Business) and Economics at UW Madison Admission 2026
To be eligible for admission to PhD Finance (Business) and Economics at UW Madison, applicants must meet specific academic and language requirements.
| Requirements | Details |
|---|---|
School | School of Business |
Academic Requirement | A bachelor’s degree in a related field or equivalent with a GPA of 3.0 or above, with courses like calculus, linear algebra, statistics, probability and similar. |
English Language Requirements | TOEFL- 106 | IELTS- 7 |
Application link | |
Total Credits | 51 |
Course Duration | 5 Years |
Application Fee | $75 + $6 (Processing Fee) |
Documents Required | Online application Application fee Transcripts English language Proficiency score Copy of passport Resume Essays One Letter of Reference GRE/GMAT scores are required, but can be waived Interview |
UW Madison PhD Finance (Business) and Economics Application Link
UW Madison PhD Finance (Business) and Economics Application Link; Apply Here
PhD Finance (Business) and Economics at UW Madison Admission Requirements
For admission to PhD Finance (Business) and Economics, UW Madison accepts TOEFL, IELTS exam. The average scores among admitted students are typically around: 106 in TOEFL, 7.5 in IELTS.
PhD in Finance (Business) and Economics Fee Comparison
The fee comparison for similar programs like UW Madison PhD Finance (Business) and Economics are:
| University | Program | First Year Fees in USD | First Year Fees in INR |
|---|---|---|---|
| University of California | Ph.D Economics | USD 34,053 /Yr | INR 32.7 L/Yr |
| University of Illinois | Ph.D Finance | USD 46,500 /Yr | INR 44.6 L/Yr |
| Carnegie Mellon University | Ph.D Economics | USD 47,000 /Yr | INR 45.1 L/Yr |
| Georgia Institute of Technology | Ph.D Finance | USD 35,000 /Yr | INR 33.6 L/Yr |
| University of Wisconsin | Ph.D Finance | USD 53,090 /Yr | INR 50.9 L/Yr |
| University of Southern California | Ph.D Finance | USD 31,380 /Yr | INR 30.1 L/Yr |
Important Alert
- Application Deadline for Fall 2027 Intake - Dec 15, 2026
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹5059477 (USD 53090) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing & Meals | ₹1564254 (USD 16414) |
| Transportation | ₹142950 (USD 1500) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | ₹1596084 (USD 16748) |
| 2023 | ₹4973516 (USD 52188) |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline for Fall 2027 Intake | Dec 15, 2026 |
Scores Required
Required Document List
Complete Application
Application Fee
Official Transcripts
English Language Requirements
A copy of the Passport
Resume
Three Letters of Recommendation
Statement of Purpose
Three Essays
GRE/GMAT scores


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Key Resources for Your Study Abroad Journey
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| 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 | |
| Comindware Scholarship | Scholarship per student₹ 3.8 L/Yr$4,000 | Level Of StudyApprenticeship | TypeMerit-Based | |
| 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 |
|---|---|---|---|---|
-- | INR 32.5 L/Yr USD 34,053 /Yr |
| ||
-- | INR 44.3 L/Yr USD 46,500 /Yr |
| ||
-- | INR 44.8 L/Yr USD 47,000 /Yr |
| ||
Application Deadline for Fall 2027 Intake (6th Jan 2027) | INR 2.5 L/Yr USD 2,600 /Yr |
| ||
Application Deadline for Fall 2027 Intake (15th Dec 2026) | INR 50.6 L/Yr USD 53,090 /Yr |
|
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