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.
Features
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
Admission requirements
Academic requirements
- GRE®: Required
- GMAT: Required
English requirements
Other requirements
General requirements
- Letters of Recommendation
- Transcripts & Academic History
- Essays
- Standardized Test Scores
- Application Fee
Tuition Fees
- International: 63,672 AUD / year (≈ 44,792 USD / year)
- Out-of-State: 63,672 AUD / year (≈ 44,792 USD / year)
- Domestic (In-State): 63,672 AUD / year (≈ 44,792 USD / year)
Additional Details
Most of our PhD programs are fully funded, meaning the program will pay for your tuition and fees, as well as provide you with a minimum stipend of $39,425.
Living costs
Philadelphia, United States: 1,866-3,247 AUD / month
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
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.
