The University of Connecticut, based in Storrs, CT offers a fully funded PhD in Business. The mission of this Business Ph.D. program is to prepare students to conduct high-quality, state-of-the-art research, and to take faculty positions at leading universities. Most business doctoral students receive a 5-year graduate assistantship, which includes a tuition waiver, a stipend of approximately $26,000 for the academic year, and subsidized health insurance. This assistantship appointment from the School of Business is limited to 5 years, contingent on satisfactory progress in the degree program.