Core Course Waivers

Students who have completed prior coursework may qualify for core course waivers as part of your Kellogg curriculum.

WAIVER BY APPLICATION

Of the nine required core courses, the following are eligible for waiver by application for transcript review:
Accounting 430
Finance 430
Marketing 430
Operations 430

In addition, students may elect to take a waiver exam for the following courses:
Accounting 430
Decision Sciences 433
Decision Sciences 434
Finance 430
Managerial Economics 430
Operations 430

There are no waiver options for Management of Organizations 430 and Management and Strategy 431.

Details on the core courses can be found in the course catalog on the Kellogg website at: http://www1.kellogg.northwestern.edu/dpco/catalog.asp.  

To apply for a waiver through transcript review, please assemble a separate packet for each course that you intend to waive and send it to:

Dean Megan Krueger
Kellogg School of Management
340 E. Superior St.
Chicago, IL 60611

Deadlines:
Spring 2012: February 16, 2012
Summer 2012: May 17, 2012
Saturday Class: May 24, 2012

A complete packet consists of the following:

1. A completed and signed application form
2. A copy of your previous institution’s transcript, with relevant courses highlighted. An unofficial copy is acceptable.
3. Supporting documentation including syllabi and/or professional certification. If the information is written in another language, you must provide a translated (English) copy.

Waiver applications will be forwarded to the appropriate academic departments for review and results will be sent from the PTMBA office to the student.

Many students are not granted waivers because the coursework is old (i.e., more than five years), the grade in the course(s) was not strong, the academic content of the course(s) was not compatible with course(s) at Kellogg, or for various other reasons which preclude a waiver from being granted. In such cases, a waiver examination may be taken.

WAIVER BY EXAM

If you expect a waiver in a course but do not receive it through transcript review, you will have the opportunity to take an exam to determine if you should be granted the waiver. Waiver exams are offered each quarter.  Please see below for dates. 

Waivers do not reduce the number of courses a student must take to obtain the degree. A total of 20 ½ credits are required of all part-time students. A Partial Waiver allows the student to substitute the core course in a particular field with a higher level elective course in that same field. A Full Waiver allows the student to substitute the core course in a particular field with a higher level elective from any field offered at Kellogg.

Waiver Exam Dates
Waiver exams are offered each quarter on a Friday from 6:00-9:00pm and Saturday from 9:00am-12:00pm.

Winter 2012: January 27-28
Spring 2012: April 13-14
Summer 2012: July 13-14

If you have any questions about the waiver process, please contact Dean Krueger.


Summary of Core Course Waiver Procedures
Course Number Course Name Application Exam Notes
ACCT-430 Accounting for Decision Making Yes Yes
FINC-430 Finance I Yes Yes Students awarded a waiver are eligible to take an exam to waive out of Finance II
MKTG-430 Marketing Management Yes No
OPNS-430 Operations Management Yes Yes Only partial waiver (i.e., upper-level course must be substituted) awarded by application. Students must take exam to earn a full waiver.
DECS-433 Mathematical Methods For Management Decisions No Yes
DECS-434 Statistical Methods for Management Decisions No Yes
FINC-440 Finance I/II No Yes
MECN-430 Microeconomic Analysis No Yes