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PhD in Management

Financing - PhD in Management

2025 Intake
Next Intake Starts in
Mid-August 2025 / Fontainebleau, Singapore
Application Starts in

September 2024

The INSEAD Fellowship

Unlike most graduate degrees in business, the PhD Programme is intensive and rigorous. We offer one of the most generous doctoral funding to ensure all candidates do not have to worry about fees associated with pursuing a doctoral degree. 

All admitted students receive the INSEAD Fellowship for the first five years* (until the end of June of the fifth year) of full-time studies. The yearly funding includes a tuition fee waiver, a stipend, research and conference budget support, and health insurance coverage. Thus, they do not need to seek loans to pay tuition fees in France or Singapore or cover their living expenses, conference and research budget and health insurance coverage. This generous benefit is renewed annually contingent upon satisfactory progress in the programme and is given to all admitted students regardless of background, nationality or need. 

Why does the school offer generous funding for its PhD students? INSEAD invests in its PhD students' development and training to become successful management professors. Funding their studies is a significant investment on the part of the school, and it is made possible by a group of generous donors. With such comprehensive support, we expect our students to always focus on their research training and advancement. As such, we strongly discourage working part-time during the programme, which is counterproductive to their development. Furthermore, with the tuition fee waiver and financial support, INSEAD PhD candidates are free from the financial burdens many graduate students face while pursuing their studies.

On the other hand, visiting PhD students are not eligible for our funding and must pay for any courses attended and related expenses. 

*The funding will stop either at the end of June in the 5th year (by which time a candidate is expected to have secured an academic position) or as soon as a candidate begins working at a university, business school, or any other relevant institution while still completing their graduation requirements (if this occurs before the end of June in the 5th year). Annual support, i.e., tuition fee, stipend, research and conference budget, and health insurance coverage, regularly undergoes review. Newly admitted and current students must refer to the PhD guidelines or consult the PhD Programme Office for the latest updates.

Tuition Fee Waiver

Tuition fees are waived for the first five years* of the programme - coursework fees for the first two years and dissertation fees for the next three years. Students do not have to take out loans to finance their PhD studies. 

Annual Stipend, Conference and Research Support

PhD students receive substantial financial support (i.e., annual stipend, research and conference budget, and international health insurance coverage) in the first five years of doctoral studies.* There is no separate application to secure the funding. 

Therefore, upon admission, students will be automatically offered five-year funding* and need not worry about any costs associated with postgraduate studies. The programme renews the funding* yearly, contingent upon the candidate's satisfactory progress. 

The school provides this five-year scholarship* to all students, regardless of background, nationality, or need.

Research or teaching assistantships are not required in exchange for the scholarship, since assistantships are part of the curriculum and already included in the funding.

*The funding will stop either at the end of June in the 5th year (by which time a candidate is expected to have secured an academic position) or as soon as a candidate begins working at a university, business school, or any other relevant institution while still completing their graduation requirements (if this occurs before the end of June in the 5th year). Annual support, i.e., tuition fee, stipend, research and conference budget, and health insurance coverage, regularly undergoes review. Newly admitted and current students must refer to the PhD guidelines or consult the PhD Programme Office for the latest updates.

PhD Funding
(for the first five years of PhD studies; funding ends at the end of June of the fifth year.*)

 Europe CampusAsia Campus
Annual Stipend32,960 €S$ 57,680

Total Research and Conference Budget Support for the first five years

The total Includes a one-time top-up at the end of Year 3 (transitioning to Year 4)

Top-up: 5,000 € for Europe campus and S$ 10,080 for Asia Campus

15,300 €S$ 31, 092
Health Insurance Coverage

Including spouses and children#

Including spouses and children#

#if any

*The funding will stop either at the end of June in the 5th year (by which time a candidate is expected to have secured an academic position) or as soon as a candidate begins working at a university, business school, or any other relevant institution while still completing their graduation requirements (if this occurs before the end of June in the 5th year). Annual support, i.e., tuition fee, stipend, research and conference budget, and health insurance coverage, regularly undergoes review. Newly admitted and current students must refer to the PhD guidelines or consult the PhD Programme Office for the latest updates. Furthermore, upon request, PhD candidates are eligible for R&D funding for critical research projects like dissertations, publications, etc., subject to approval by relevant parties allocating the funds and the PhD Programme Office. 

 

Health Insurance Coverage

Students also receive comprehensive international health insurance coverage, which includes spouses and children. 

Once admitted to INSEAD, the programme will offer automatic annual funding,* regardless of background. Admitted students need not worry about the associated costs of pursuing doctoral studies. Kindly note that we renew the financing annually, contingent upon satisfactory progress in the programme. 

*The funding will end at the end of June of the 5th year or when a candidate starts an academic position at a university or business school, and the like, awaiting completion of the graduation requirements (if earlier than the end of June in the 5th year). Overall annual support, i.e., tuition fee, stipend, research and conference budget, and health insurance coverage, regularly undergoes review. Newly admitted and current students must refer to the PhD guidelines or consult the PhD Programme Office for the latest updates.

External Funding

PhD students are encouraged to seek external funding to increase overall financial benefit.

While INSEAD provides scholarships and stipends for those accepted to the programme, it is nonetheless always advisable to seek external funding for your studies to increase your overall financial benefit. 

For example, if you were to receive a full scholarship from a non-INSEAD source, you would be able to receive additional funding from INSEAD to supplement your overall award.  However, please note that having full funding from an external source does not increase your chances of admission.

Thus, we select applicants for admission based on perceived academic...

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Upcoming Events

02 Mar '24

Doctoral Programme

The INSEAD PhD at the 28th MIT European Career Fair 2024

We invite prospects based in or visiting MA, USA, to meet the INSEAD PhD at the 28th MIT ECF 2024 on March 2nd. 

If you are interested in cutting-edge research, impactful academia, or simply exploring your career options after your undergraduate or master's degrees, meet with our PhD Programme Director to discuss your career plans or milestones and what you can do to prepare should you decide to pursue the INSEAD PhD in Management. 

Add the event to your calendar: inse.ad/phd-mit-ecf-addevent

MIT Johnson Race Track, Cambridge, MA
MIT Johnson Race Track, Cambridge, MA
9:00 - 16:00 EST (e.g., NY Time)
Open to Public
PhD Events Top Banner
20 Mar '24

Doctoral Programme

DocNet PhD Recruiting Forum @ Washington University in St. Louis

DocNet PhD Recruiting Forum is an annual recruitment fair for individuals passionate about research and seeking an academic career as a management professor. We highly encourage you to attend the session to meet us and representatives from top doctoral programmes worldwide and gain valuable insights about this exciting and promising career. 

Visit businessdocnet.com for more information. 

Upcoming schedule: 

Washington University in St. Louis on Wednesday, 20 March 2024

17:00 - Onsite registration
17:30 - Panel Discussion
18:30 - Recruitment Fair

Location:

Bauer Hall (Connected to Knight Hall and next to the Knight Center)
Washington University in St. Louis
One Brookings Drive
St. Louis, MO 63130 
GPS: Throop Drive and Snow Way Drive 
Visitor parking is available on the 4th level of Millbrook Garage. Parking rates by the hour.

Washington University in St. Louis
Washington University in St. Louis
17:30 - 19:30 CDT (UTC -5)
Open to Public
PhD Events Top Banner
22-23 Apr '24

Doctoral Programme

PhD Alumni Reunion 2024

**Exclusive Event for PhD Alumni**

INSEAD PhD in Management Programme cordially invites PhD alumni to its 35th anniversary on Europe Campus. 

For over three decades, INSEAD's PhD Programme has remained at the forefront of management research, and with the continued support and commitment of our dedicated faculty members, we have trained over 270 doctoral students and have successfully placed our graduates in top academic positions worldwide.

The INSEAD community continues to recognise the PhD's significant and relevant contributions to academic research. As one of INSEAD's premier graduate programmes, the INSEAD PhD will continue to inspire future academics to 'transform business and change the world for the better'.

We want to thank everyone who has celebrated this significant milestone of the programme with us. Please revisit this page for the latest updates leading to the reunion date. 

Please save the date to your calendar.

Europe Campus
Europe Campus
Open to Alumni Only
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