Studyportals

Finance

University of Pennsylvania

Ph.D. On Campus
60 months
Duration
39470 USD/year
39470 USD/year
Unknown
Tuition fee
Unknown
Apply date
Unknown
Start date

About

Wharton’s PhD program in Finance at the University of Pennsylvania provides students with a solid foundation in the theoretical and empirical tools of modern finance, drawing heavily on the discipline of economics.

Overview

The Finance at the University of Pennsylvania prepares students for careers in research and teaching at the world’s leading academic institutions, focusing on Asset Pricing and Portfolio Management, Corporate Finance, International Finance, Financial Institutions and Macroeconomics.

Wharton’s Finance faculty, widely recognized as the finest in the world, has been at the forefront of several areas of research. For example, members of the faculty have led modern innovations in theories of portfolio choice and savings behavior, which have significantly impacted the asset pricing techniques used by researchers, practitioners, and policymakers. 

Another example is the contribution by faculty members to the analysis of financial institutions and markets, which is fundamental to our understanding of the trade-offs between economic systems and their implications for financial fragility and crises.

Faculty research, both empirical and theoretical, includes such areas as:

  • Structure of financial markets
  • Formation and behavior of financial asset prices
  • Banking and monetary systems
  • Corporate control and capital structure
  • Saving and capital formation
  • International financial markets

Programme Structure

Courses include:
  • Financial Economics
  • Corporate Finance & Financial Institutions
  • Empirical Methods
  • Intertemporal Macroeconomics and Finance
  • Methods in Finance Theory
  • Continuous – Time Financial Economics
  • Financial Economics under Imperfect Information
  • Topics in Asset Pricing
  • Empirical Methods in Corporate Finance
  • Topics in Corporate Finance
  • International Finance
  • Empirical Methods in Asset Pricing
  • Applied Quantitative Methods in Finance
  • Behavioral Finance

Key information

Duration

  • Full-time
    • 60 months

Start dates & application deadlines

Language

English

Delivered

On Campus

Academic requirements

GMAT admission requirements GMAT The Graduate Management Admission Test (GMAT) is a test intended to assess certain analytical, writing, quantitative, verbal, and reading skills in written English for use in admission to a graduate management program, such as an MBA. GMAT contains 4 sections - Analytical Writing Assessment, Integrated Reasoning, Quantitative and Verbal. The score has a range from 200 - 800.
Required

English requirements

TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at designated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
100
IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).
7.5
Start practicing IELTS today!

Other requirements

General requirements

  • Letters of recommendation 
  • Transcripts
  • Academic history
  • Essay

Tuition Fee

  • International

    39470 USD/year
    Tuition Fee
    Based on the original amount of 39470 USD per year and a duration of 60 months.
  • National

    39470 USD/year
    Tuition Fee
    Based on the original amount of 39470 USD per year and a duration of 60 months.

Funding

  • All admitted Wharton doctoral students receive a fellowship that covers the cost of tuition and health insurance, and provides a stipend. It is expected that a similar level of financial aid may be awarded for up to 5 years. All financial aid awards are contingent upon a student's satisfactory academic progress.

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Fresh content

Updated in the last 3 months

Check the official programme website for potential updates.

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