Columbia University, based in New York, NY offers a fully funded PhD in Business. Guided by renowned faculty, the doctoral program instills the highest level of scholarship and research for students to help shape new business ideas and practices. All applicants who apply to the Columbia Business School Doctoral Program are considered for merit-based fellowships and tuition. There is no separate financial aid application. Candidates selected for the Doctoral Program in most cases receive merit-based fellowships covering tuition and school expenses, including a stipend for living expenses. Both teaching and research assistantships are available.