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Waiver Information for the Foundation Requirements

The foundation courses are designed to prepare students with the fundamentals of business. In this sequence, they learn the basics of sound theory and practice. All full-time and part-time MBA, MS MKT and MS FIN students must meet the foundation requirements of their program prior to taking any core courses.

• Students with baccalaureate degrees in business or economics from AACSB-accredited schools (or equivalent schools as determined by the Business Graduate Curriculum Committee) may meet this requirement by demonstrating a cumulative 3.0 or higher average GPA (or equivalent) in the following undergraduate business courses: financial accounting, managerial accounting, finance, micro economics, macro economics, statistics, management and marketing.
• Students who do not average a minimum of a 3.0 will only be waived from courses in which they earned a grade of B or higher. These courses must have been completed within the previous seven years. Waivers are not given for professional experience, professional development courses or courses taken at professional institutes.
• In order for a course from an international institution or from a domestic non-AACSB institution to be considered for a waiver of a foundation requirement the following will be needed:
  • The student must be able to provide a course syllabus for at least two courses taken in the discipline.
  • The student must also indicate the textbook used for the course and provide a table of contents, if possible.
  • At least one course must have been completed at a more advanced level than the foundation course being considered for a waiver.
  • All courses completed in the discipline must have been completed with a grade of “B” or better.
• Students may demonstrate competency in a foundation subject by passing a departmental subject (waiver) examination with the exception of ITM 510. Exams must be taken prior to the start of the student's first term, and may be only taken one time. Deadlines for completion of waiver exams may be obtained from the Graduate Business Programs Office.