Doctor of Philososphy [Ph.D] (Finance)
STEM Course
5 years
Full Time
On Campus
Field of Study:
Ranked #5 out of 1501 by THE Global Ranking 2023
₹42.9 L/Yr
$50,100 /Yr
The Ph.D Finance program at Massachusetts Institute of Technology is a 5-years program. The tuition fee for Ph.D Finance in 2023 at Massachusetts Institute of Technology was USD 50100 (₹4291566). In 2022, the fee was USD 50100 (₹4291566), remaining unchanged
Tuition Fees
Year | 1st Year Fees |
---|---|
Tuition Fees | ₹4291566 (USD 50100) |
Other Expenses
Head | Avg Cost Per Year |
---|---|
Housing | ₹2364216 (USD 27600) |
Transportation | ₹336901 (USD 3933) |
All admitted doctoral students receive a fellowship that covers the cost of tuition and health insurance, and provides a stipend.
Previous Year Tuition Fees
Year | 1st Year Fees |
---|---|
2022 | ₹4291566 (USD 50100) |
- Finance is the study of markets for real and financial assets. The practical implications of modern financial theory are widely recognized and implemented by Wall Street and corporations. The PhD program provides students with an understanding of the theory on which the field is based and the tools they need to conduct theoretical and applied research.
- Once required coursework in microeconomics and macroeconomics theory is completed, students are free to develop their programs of study and research with the guidance of faculty members. Often, faculty offer students an opportunity to participate in and expand on faculty research interests.
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Eligibility & Entry Requirement
Academic Eligibility:
- Students require a Bachelor's degree or equivalent.
- Students should have a strong quantitative background (the Accounting group requires calculus)
- Students need to have exposure to microeconomics and macroeconomics (the Accounting group requires microeconomics)
- Students should have at least a 3.5 GPA.
Indian Student Eligibility:
- The student has graduated from senior secondary school or equivalent (those applying for a postgraduate program must have graduated from a university or college).
- Students completed a bachelor's degree from an accredited institution with a grade point average of 3.5 or 60% in the final years of the program.
Submission of GRE scores is not compulsory for this program, however, it is recommended to submit the scores (minimum 300) for a better chance of admission.
Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test to get admission to this program.
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Scores Required
TOP Scholarships
Scholarship name | Award amount | Eligibility |
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- | - | - |
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Key Resources for Your Study Abroad Journey
Scholarship Grants & Financial Aids
Name | Scholarship Per Student | Level of Study | Type | |
---|---|---|---|---|
JN Tata Endowment Scholarship | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeMerit-Based | |
Paul Foundation scholarships | Scholarship per student₹ 17.3 L/Yr$20,174 | Level Of StudyDiploma | TypeMerit-Based | |
The Kay-Grant Group Scholarship | Scholarship per student₹ 85,660/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
Robert S. McNamara Fellowship Program | Scholarship per student₹ 21.4 L/Yr$25,000 | Level Of StudyDoctorate | TypeMerit-Based | |
National Overseas Scholarship | Scholarship per student₹ 13.2 L/Yr$15,400 | Level Of StudyDoctorate | TypeNeed-Based | |
BrokerFish International student scholarship | Scholarship per student₹ 85,660/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based |
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