Did you miss our live Core Requirement Evaluation Process overview session in June? Watch the video and download the slides.
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DEFINITIONS | OPTIONS | TIMELINE | EXAMS | QUESTIONS?
LET’S START WITH SOME DEFINITIONS
WAIVER
If you waive a class, you do not need to take the core class and your requirement is considered complete.
Waive by exam – By passing the exam, you have demonstrated that you have mastered this subject and do not need to take the core class.
Waive by credential – Based on a review of your academic or professional credentials, you have mastered this subject and do not need to take the core class.
SUBSTITUTION
You may qualify to take an upper level elective in the subject area to meet the core requirement.
Substitution by exam – Based on your exam performance, you have enough knowledge in this area that you do not need to take the core class but must take an upper level elective in this subject area to fulfill the core requirement.
Substitution by credential – Based on a review of your academic or professional credentials, you have enough knowledge in this area that you do not need to take the core class but must take an upper level elective in this subject area to fulfill the core requirement.
PLACEMENT
You may qualify to take an accelerated version of the core course.
Placement by exam – Based on the results of the exam, you have been placed in an accelerated version of this course to complete your core requirement.
Placement by credential – Based on a review of your academic or professional credentials, you may take an accelerated version of this course to complete your core requirement.
WHAT ARE MY OPTIONS FOR EACH CORE REQUIREMENT?
| ACCT 6110/6130: Financial Accounting | FNCE 6110: Corporate Finance | FNCE 6130: Macroeconomics & the Global Econ Environment | BEPP 6110: Microeconomics for Managers | MKTG 6110: Marketing Management | MKTG 6120/6130: Marketing Strategy | STAT 6130: Regression Analysis for Business | |
| Waiver by credential | |||||||
| Waiver by exam | |||||||
| Substitution by credential | |||||||
| Substitution by exam | |||||||
| Placement by exam |
What is a decision tree?
A decision tree is a set of questions you will answer in the Evaluation Module that will help determine what core requirement outcome is best for you. You will answer questions about your prior academic experience and provide supporting documentation for review by the faculty (e.g. certifications, syllabi, and transcripts). The outcome from your decision tree may be immediate or you may need to wait until your documentation has been reviewed. Please see the timeline below for more information.
WHAT IS THE TIMELINE FOR THE EVALUATION PROCESS?
There are three evaluation periods throughout the evaluation process.
Pre-Evaluation: This applies only to Corporate Finance and Macroeconomics & Global Economic Environment. Your credentials will be evaluated based upon the information you provided in the Admissions process (e.g. transcripts). You do not have to perform any action to complete Pre-Evaluation. Your outcomes will be available to you when the Evaluation Module opens.
Evaluation Period 1 – Deadline June 17: Complete the prompts provided in the Evaluation Module (also known as the decision tree) for each course. You should receive your outcome by June 28.
Evaluation Period 2 – Deadline July 22: Complete the prompts provided in the Evaluation Module (also known as the decision tree) for each course. You should receive your outcome by July 26.
If you are not approved for a waiver or substitution by credential in the Pre-Evaluation Period or Evaluation Period 1, you have the option of submitting additional material to have your request reconsidered. You will see an “Additional Information” button in the Evaluation Dashboard where you can submit supplemental information, such as a syllabus.
What is the difference between Evaluation Period 1 and Evaluation Period 2?
We offer two Evaluation Periods to A. allow students who were unable to submit materials during Evaluation Period 1 to complete the process and B. allow students to submit further documentation for review based upon their outcome from the Pre-Evaluation or Evaluation Period 1.
WHAT SHOULD I DO IF I NEED TO COMPLETE A WAIVER, SUBSTITUTION, OR PLACEMENT EXAM?
If your outcome requires you to take a placement, substitution, or waiver exam, you may sign-up for your exam in the Evaluation Module. You will be automatically be added to the exam Canvas site and can access it when it becomes available. If there is a prep course for the exam, you can find that on the Canvas site.
All exams will be conducted virtually.
Exam Dates and Times
| Course ID | Day | Time | Exam Length | Instructions |
| STAT6130: Waiver Exam for Regression Analysis for Business | July 29 | 1st time slot: 8:00am ET – 12:00pm (noon) ET 2nd time slot: 8:00pm ET – 12:00am (midnight) ET |
2 hours | Open book, no notes, calculator permitted |
| STAT6210: Placement Exam for Enrollment into Accelerated Regression Analysis for Business | July 29 | 1st time slot: 8:00am ET – 12:00pm (noon) ET 2nd time slot: 8:00pm ET – 12:00am (midnight) ET |
1 hour | Open book, no notes, calculator permitted |
| BEPP6110: Waiver Exam for Microeconomics for Managers | July 30 | 1st time slot: 8:00am ET – 12:00pm (noon) ET 2nd time slot: 8:00pm ET – 12:00am (midnight) ET |
1.5 hours | Closed book, no notes, calculator permitted |
| ACCT6110: Waiver or Substitution Exam for Financial Accounting | August 1 | 1st time slot: 8:00am ET – 12:00pm (noon) ET 2nd time slot: 8:00pm ET – 12:00am (midnight) ET |
2 hours | Open book, open notes, calculator permitted |
*Registration for the exams can be completed via the Evaluation Module. Registration for a specific time slot is not required.
QUESTIONS?
We’re here to help! Please first see our FAQ.
If you cannot find your answer, contact us at mbaprogram@wharton.upenn.edu