PhD Finance (Business) and Economics at UW Madison: Fees 2026 Dates & Requirements

PhD Finance (Business) and Economics at UW Madison: Fees 2026 Dates & Requirements

Madison, WisconsinLocation
UniversitySchool type
Estd1848established year
51822enrollment
Public
Madisoncampus
7.7/10

Doctor of Philosophy [PhD] (Finance (Business) and Economics)

5 years
Full Time
Joint Program & On Campus

₹50.6 L/Yr

$53,090 /Yr
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Collegedunia Team

Content Curator | Updated on - May 28, 2026

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 TypeAverage Cost (INR)Equivalent (USD)
Tuition Fee₹ 50.9 LakhsUSD 53090
Application Fee₹ 7,191USD 75

The other expenses for PhD Finance (Business) and Economics at University of Wisconsin is as follows:

Expense TypeAverage 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 YearTuition Fees (INR)Tuition Fees (USD)
2026₹ 50.9 LakhsUSD 53090
2024₹ 16.06 LakhsUSD 16748
2023₹ 50.04 LakhsUSD 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.

RequirementsDetails

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

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:

UniversityProgramFirst Year Fees in USDFirst Year Fees in INR
University of CaliforniaPh.D EconomicsUSD 34,053 /YrINR 32.7 L/Yr
University of IllinoisPh.D FinanceUSD 46,500 /YrINR 44.6 L/Yr
Carnegie Mellon UniversityPh.D EconomicsUSD 47,000 /YrINR 45.1 L/Yr
Georgia Institute of TechnologyPh.D FinanceUSD 35,000 /YrINR 33.6 L/Yr
University of WisconsinPh.D FinanceUSD 53,090 /YrINR 50.9 L/Yr
University of Southern CaliforniaPh.D FinanceUSD 31,380 /YrINR 30.1 L/Yr
Also Check:

Important Alert

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

Tuition Fees

Year1st Year Fees
Tuition Fees₹5059477 (USD 53090)

Other Expenses

HeadAvg Cost Per Year
Housing & Meals₹1564254 (USD 16414)
Transportation₹142950 (USD 1500)

Previous Year Tuition Fees

Year1st Year Fees
2024₹1596084 (USD 16748)
2023₹4973516 (USD 52188)

Important Dates

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

Scores Required

106 / 120

Avg. Score in

TOEFL

7.5 / 9

Avg. Score in

IELTS

75

Application Fees

51

ECTS Credits


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


Ranking

202520242023202220212020201920182017

QS World University logo
Business 201 out of 650 in Global Ranking
( #59 out of 184 in USA 2025)
( #43 out of 184 in USA 2025)

Times Higher Education logo
Business 54 out of 990 in Global Ranking
( #25 out of 147 in USA 2025)

US News logo
Business 40 out of 133 in Global Ranking
( #23 out of 125 in USA 2025)

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Do you think the Dates are wrong ?  Report Here

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