Fully Funded PhD Programs In Business

Mar 04, 2014 • Views 69,060

In follow-up to my article on How To Fully Fund Your PhD, we began a series on fully funded PhD programs in various disciplines. There are several competitive, external fellowships that fund doctoral study, but if securing full funding is your goal, we recommend applying to PhD programs that offer full funding to all admitted students. When a doctoral program indicates that they provide full funding to their PhD students, in most cases this means they provide each admitted student full tuition and a stipend for living expenses for the four to six year duration of the student’s doctoral studies. Not all universities provide full funding to their doctoral students, which is why we recommend researching the financial aid offerings of all the potential PhD programs in your academic field, including small and lesser-known schools both in the U.S. and abroad.

To view over 400 professional and academic fellowships, including fellowships for graduate and doctoral study and pre- and post-doctoral research, sign up to view ProFellow’s fellowships database.

Below is a list of universities that offer full funding to all of the admitted students to their PhD programs in business:

Duke University Fuqua School of Business (Durham, NC): Full tuition grant, registration, and mandatory student health fees while in residence for the program; stipend of $27,600 for the first year and $24,600 for years two through five. This package is given to all those admitted.

Grenoble Ecole de Management, PhD in Business Administration (Grenoble, France): Our doctoral students are normally fully funded, either from GEM (tuition waiver and assistantship) or externally.

London Business School (London, United Kingdom): All students are fully funded on admission to the Programme. This includes a tuition fee waiver and generous stipend.

Ohio State University Fisher College of Business (Columbus, OH): All admitted students into any of the Fisher PhD programs are full funded. The funding may come in the form of fellowships, research assistantships, teaching assistantships, supplemental grants, etc. Applicants to any PhD program do not need to do anything to be considered for funding – if an applicant is admitted, s/he is funded.

Rice University Jones Graduate School of Business (Houston, TX): Full financial assistance will be offered to each admitted student in the Ph.D. program in the form of a research assistantship, where the student must work as a research assistant for assigned faculty members. Admitted students will be offered stipend support of $35,000 per fiscal year.

Stanford Business School (Stanford, CA): The PhD Program provides a financial fellowship to qualified doctoral students that includes tuition, a living stipend, health fee coverage, and opportunities to hold research and/or course assistantships.The program guarantees four years of support based on satisfactory academic performance.  

University of Southern California Marshall School of Business (Los Angeles, CA): USC provides full financial support to Ph.D. students for four to five years in the form of a fellowship or assistantship. After a student has advanced to candidacy (typically in the third year), the student becomes eligible for additional research awards.

Do you know of other PhD programs in Business that offer full funding to their doctoral students? We are happy to update this list, so please contact us or leave a comment below.

Also sign up to check our fellowships database to learn about other opportunities to fund graduate and doctoral study.

© Victoria Johnson 2014, all rights reserved.

Share on FacebookTweet about this on TwitterShare on LinkedInShare on Google+Share on Reddit
  • Yap Boon Hup

    I am very interested in Fully Funded PhD program in Business, kindly usher further info, thank you.

  • Anokye Martin


    I want to do PhD in Applied Mathematics (Cobweb Model) in your University.

    Can you connect me to a supervisor who would be interested in Cobweb Modeling.

    Hope to hearing from you soon.


    Anokye Martin (Ghanaian)

  • hussain khanusiya

    thank you…. it was really helpful…. can u give me list of universities or school offering full funding for phd in economics?? once again thank you very much

  • Thomas Haffey

    Mississippi State University also provides tuition remission and assistantships to PhD students, at least in Business.

    • abigail

      Is that available for international applicants as well?

      • Thomas Haffey

        As I recall, yes.

  • Sumaiya Afroz

    Hello, i am from Bangladesh, wanna to my PHD program full fund in Business area, could you please tell me how can i get scholarship

  • Jeff

    I am interested in the full funded PhD programme in Business

  • Venkatesh Ven

    hello,the above colleges are accepts application from indian citizens

    • Vicki Johnson

      Yes, they do. Keep in mind that you may have to take the GMAT or GRE exam in your home country to apply.

  • Venkatesh Ven

    how much can i minimum score in GRE? and ielts?

  • Venkatesh Ven

    i Have no experience,iam studing MBA in india can i apply?sir