Knight-Bagehot Fellowship in Economics and Business Journalism 2025-2026 ($70,000 stipend)

The Knight-Bagehot Fellowship offers experienced journalists the opportunity to enhance their understanding of business and economics, finance and technology.

Fellows spend two semesters at Columbia Journalism School and take most of their classes at Columbia Business School. They meet weekly for off-the-record seminars and dinners with top journalists, entrepreneurs and corporate leaders. In scope and depth, it is the most comprehensive and rigorous business journalism fellowship in the world. They accept up to 10 fellows each year.

The fellowship is named for the John S. and James L. Knight Foundation, which established an endowment for the program, and Walter Bagehot (pronounced BADGE-it), the 19th­-century editor of The Economist. The program also depends on grants from a number of other charitable foundations, corporations and publishing organizations for a significant portion of its annual budget.

Cost of Knight-Bagehot Fellowship

• Tuition at Columbia is fully covered. Each fellow will also receive a stipend of $70,000 for the nine-month program. The money is paid in two installments (September and February) with no taxes withheld (but it is taxable, so you will have to factor that into your budget). The fellowship pays for health insurance for one person (family coverage is extra) and various academic and facility fees. Subsidized student housing is also available.
• The program does not pay for routine living expenses, textbooks, travel, local transportation, gym memberships, special programs, student club fees, transcript verification, fines or parking.

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Eligibility for Knight-Bagehot Fellowship

• Open to journalists who are passionate about business and economics and who want to get better at their jobs.
• You should have a minimum of four years of business or economics reporting, but seven years in journalism is more typical.
• Because this is a post-graduate program, you need to have a bachelor’s degree from a regionally accredited U.S. university or its equivalent from another country. A verified transcript is required.

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Application

The application deadline is January 31, 2024 at 11:59 p.m. Eastern Time. Late applications will not be considered.

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