Funding Opportunities for Your Doctoral Degree


Financing Your PhD


The INSEAD Fellowship

Unlike most graduate degrees in business, the PhD Programme is unique in terms of the time, intensity and commitment needed for completion. And we are proud to offer one of the most generous doctoral funding packages to ensure you have the tools required to become a leading global scholar in your area of specialisation.

All candidates admitted to the programme are automatically provided with INSEAD Fellowship for five years of full-time studies - total tuition fee waiver, a stipend, research and conference budget support, and health insurance coverage. Thus, you will not need to seek loans to pay tuition fees in France or Singapore. In addition, at INSEAD, you are also granted a generous stipend to cover your living expenses, substantial conference and research support, as well as international comprehensive health insurance coverage. This benefit is renewed annually contingent upon satisfactory progress in the programme and is given to all candidates regardless of background, nationality or need. 

View the INSEAD Fellowship for incoming students, AY 2022-23

We offer substantial support to you as a student because we invest in your development and training as a research scholar. Funding your 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 you to be fully dedicated to your own advancement in research at all times. As such, working part-time during the programme is not permitted, as it is counterproductive to your development. Furthermore, with the tuition fee waiver and financial support, you are free from the financial burdens many students face while pursuing graduate studies.

However, visiting PhD students are not eligible for our scholarship and stipend and will be required to pay for any courses attended. 

External Funding


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. 

We select applicants for admission based on perceived academic potential and fit for the programme, not one’s ability to pay for the programme or receive supplemental funds. 



Yes, there is a 50 Euros application fee per application, which is payable online with major credit cards only. Bank transfer is not accepted. 

A full INSEAD scholarship provides for a tuition fee waiver plus a living allowance, based on local cost, research budget support and comprehensive health insurance coverage.  

INSEAD scholarships are available for the first five years of PhD study, and renewed annually contingent upon satisfactory progress in the programme.

View all

INSEAD Personalised Experience




Save & Manage



It is easy, simply log in:

Via Social

  • icons
  • icons
  • icons


Use your email address