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Establishing Proficiency in a Core Course

Langone students must take all courses in the Stern Core and Langone Core. If you establish proficiency in a Stern Core course, you may take the same number of elective credits instead. It is not possible to establish proficiency in Langone Core courses. 

Students must take a total of 60 credits for the MBA degree.

Establishing Proficiency in a Core Course
Students may establish proficiency a Core course by satisfying one of the following:

  • Having earned an undergraduate major or masters degree in that subject, or taking 5 classes or more in the relevant subject matter.
  • Passing a Stern proficiency exam
  • For Financial Accounting & Reporting only: U.S. CPA license, verification of a passing grade on the U.S. CPA exam, or Chartered Accountant Certification.

Undergraduate Major or Masters Degree Proficiency Policy:

If you majored in a Core course discipline in your undergraduate or masters program, or you completed 5 or more courses in the subject before beginning your MBA program at Stern, you may request to establish proficiency in the Core course. Students must submit a Core Course Proficiency request in order for previous coursework to be considered.  Below is a chart that identifies the previous coursework that qualifies for each Core course.
 

CourseUndergraduate or Masters Degree / Relevant Coursework
COR1-GB.1302 Leadership in OrganizationsManagement
(Substantial coursework in Organizational Behavior or Theory required. Waiver approved upon review of transcripts.)
COR1-GB.1303 Firms & MarketsEconomics
COR1-GB.1305 Statistics & Data AnalysisStatistics
COR1-GB.1306 Financial Accounting & Reporting

U.S. Accounting Majors, U.S. CPAs, or Chartered
Accountant Certification
(Students with a CFA designation who wish to waive are required to take the proficiency exam.)

COR1-GB.2301 StrategyN/A
COR1-GB.2303 The Global EconomyEconomics
COR1-GB.2310 MarketingMarketing
COR1-GB.2311 Foundations of FinanceFinance
(Students with a CFA designation who wish to waive are required to take the proficiency exam.)
COR1-GB.2314 Operations ManagementIndustrial Engineering OR Operations Management
FINC-GB.2302 Corporate Finance (elective)Finance

Passing a Stern Proficiency Exam:
Proficiency exams provide the opportunity to demonstrate your knowledge of the material covered in some Core courses and qualify to take more advanced courses instead. You may register for a proficiency exam in any course. 

Exams are offered throughout the academic year.  Students may take each proficiency exam only once. Students who do not pass an exam, must register for and complete the Core course. Students who pass an exam may replace those credits with an equivalent number of elective credits. All proficiency exams are closed-book, and students are given two hours to complete each exam.  Students are permitted to use standard and financial calculators, but iPhones, Blackberries, laptops and similar devices are not permitted. 

Students are expected to complete the Stern Core before moving on to electives and fulfilling specializations. Therefore, students must complete any proficiency exams within the first year of the program.

Core Course Topic Lists:
COR1-GB.1302 Leadership in Organizations (3 credits)
COR1-GB.1303 Firms & Markets (3 credits)
COR1-GB.1305 Statistics & Data Analysis (3 credits)
COR1-GB.1306 Financial Accounting & Reporting (3 credits)
COR1-GB.2103/COR1-GB.2104 Strategy (3 credits)
COR1-GB.2303 The Global Economy (3 credits)
COR1-GB.2310 Marketing (3 credits)
COR1-GB.2311 Foundations of Finance (3 credits)
COR1-GB.2314 Operations Management (3 credits)  
FINC-GB.2302  Corporate Finance (3 credits)

Please note that it is not possible to establish proficiency for the following courses:
COR2-GB.3101 Professional Responsibility (1.5 credits)
MCOM-GB.2105 Business Communication (1.5 credits)
MGMT-GB.2159 Collaboration, Conflict and Negotiation (1.5 credits)
ECON-GB.2190 Global Perspectives on Enterprise Systems (1.5 credits)

CPA Proficiency Policy:
In addition to an undergraduate degree in Accounting, students may establish proficiency in COR1.-GB.1306 Financial Accounting & Reporting if they show proof of one of the following:
  • U.S. CPA license
  • Verification of a passing grade on the U.S. CPA exam
  • Chartered Accountant Certification.
Students must submit a Core Course Proficiency request, as well as send proof of one of the above to MBA Academic Affairs at academicaffairs@stern.nyu.edu.  All other students who wish to establish proficiency in Financial Accounting & Reporting, including those who who hold licenses from countries other than the United States, must pass a proficiency examination in order to be eligible.