Academic Policies

Student Code of Conduct

At NYU Stern, we seek to engage our students, faculty, and alumni as lifelong partners in the process of learning, debate, and discovery. Academic and personal integrity are central to this mission. As members of our community we commit to:
  •  Show respect for every member of the NYU community and refrain from all forms of intimidation, harassment, and acts of prejudice that infringe upon the rights of other members of the community.
  •  Exercise integrity in all aspects of our academic work including, but not limited to the preparation and completion of exams, papers, and all other course requirements by not engaging in any method or means that provides an unfair advantage.
  •  a. Clearly acknowledge the work and efforts of others when submitting written work as our own. The incorporation of the work of others - including but not limited to their ideas, data, creative expression, and direct quotations (which should be designated with quotation marks), or paraphrasing thereof - must be fully and appropriately referenced using notations both in the text and the bibliography.
    • b. Submitting the same or substantially similar work in multiple courses, either in the same semester or in a different semester, without the express approval of all instructors is strictly forbidden. Limited quoting or paraphrasing is permissible so long as we clearly identify and reference, as we would the work of another, any quoted or closely paraphrased passages of our own previously written work, whether published or submitted for course credit at Stern or any other institution.
  •  Demonstrate dignity and integrity in all aspects of our involvement with the School and University, including participation in sponsored organizations and activities, and situations in which we may be seen to represent the School or University. These activities and situations include but are not limited to student organizations (including clubs, governments, and honor societies), conferences and meetings, student-organized and school-sponsored travel, interviews, and interactions with alumni.
  •  Demonstrate sound judgment and integrity in the submission of documents, forms, and information to or on behalf of the School, University, or any member of those communities.
  •  Work to preserve and be wise stewards of the University’s resources and facilities and respect the personal property of other members of the NYU community.
  •  Conduct ourselves as law abiding members of both the NYU community and our broader society – including but not limited to refraining from behaviors that infringe upon the rights of others or disrupt the educational process and acting in conformity with NYU and Stern policies and public law.
  •  Refrain from behaving in ways that knowingly support, assist, or in any way attempt to enable another person to engage in any violation of the Code of Conduct. Our support also includes reporting any observed violations of this Code of Conduct or other School and University policies that are deemed to have an adverse effect on the NYU Stern community.
  •  Carefully review and abide by the rules and policies of NYU as outlined in detail at and, recognizing that being fully informed about NYU and Stern rules and codes governing civil behavior and academic integrity is an obligation of community membership.
As members of this community we understand that any violation of this Code of Conduct, whether committed knowingly or out of ignorance, can result in disciplinary action and may result in a sanction up to and including expulsion from New York University. The Student Code of Conduct was amended and approved by the Stern faculty in October 2011.

Membership in a global campus community such as NYU Stern requires mutual respect, consideration, and concern for the well-being of others as well as a significant degree of personal integrity and maturity. Students whose prior behavior has been determined through the University's or Stern's student conduct processes to have been disruptive to the University community and/or antithetical to these qualities may be precluded from participation in study away programs, Stern travel study courses, and Stern-sponsored conferences and/or competitions.

Students are required to submit their own work. Ideas, data, direct quotations, paraphrasing, or any other incorporation of the works of others must be clearly referenced. To do otherwise constitutes plagiarism. Examples of plagiarism include the following:
  1. The use of other persons or services to prepare written work that is submitted as a student’s own.
  2. The use of previously or concurrently submitted papers or segments thereof written by other students or by the student himself or herself.
  3. Submission of the same or very similar papers in different sections of multiple-section courses by collaborating students.
Students suspected of any form of plagiarism are subject to disciplinary action.

All communication—written, oral, or otherwise—among students during examinations is forbidden except when approved by the instructor. The use of notes, books, other written materials, calculators, or other aids is forbidden except when approved by the instructor. Providing or receiving information about the content of an examination is forbidden except when approved by the instructor. The use of anyone else to take an examination for a student is forbidden. The above-mentioned items are intended to be illustrative of plagiarism and other forms of cheating. They are not all-inclusive.

Use of Technology
Calculators, mobile devices, personal computers, wireless devices, and/or any electronic device not explicitly permitted by the instructor:
The use of electronic devices in the classroom, including for taking examinations, is at the discretion of the instructor (permission may be communicated verbally or in writing). Students who use unapproved devices may be charged with academic misconduct.

Resources (Libraries and Computer Usage) Library:
Circulating library material may be borrowed only upon presentation of the student’s own valid NYU photo ID. Noncirculating material (e.g., magazines, journals, and reference items) may not leave the library under any circumstances. Stealing or vandalizing library materials is forbidden.

As mentioned in the Stern Code of Conduct, students are expected to be familiar with and abide by the “University Student Conduct Policies,” which sets basic rules and covers issues of academic freedom, speaker invitations and demonstrations, and use of University facilities. “University Student Conduct Policies” covers the policy on affirmative action/equal opportunity and compliance with the Family Educational Rights and Privacy Act (P.L. 93-380). Students should also familiarize themselves with the University Guidelines on Bullying, Threatening, and other forms of Disruptive Behavior, which can be found at

Judiciary Committee
The Stern Undergraduate Judiciary Committee is comprised of Stern upperclassmen and faculty. Stern faculty members are appointed by the Dean of the Undergraduate College or his/her designee. An application and interview process is held each year for interested students. Any member of the faculty, administration, or staff, or any student may file a complaint against an undergraduate student alleging a violation. Academic violations include but are not limited to cheating and plagiarism. A complainant must submit a complaint in writing or by email to the Deans’ designee.  Non-academic violations will be referred to the University Office of Student Conduct & Community Standards for adjudication effective Fall 2018.

Information regarding the judicial process can be found at

Disciplinary Sanctions
Students are expected to familiarize themselves and comply with the rules of conduct, academic regulations, and established practices of NYU and Stern. Failure to abide by these codes may result in referral to the Judiciary Committee and/or the University Office of Student Conduct & Community Standards. The Committee may levy a range of penalties including expulsion. If pursuant to such rules, regulations, or practices, the withdrawal of a student is required before the end of the term for which tuition has been paid, a refund will typically be made according to the standard schedule for refunds.

Travel Code of Conduct & Responsibilities

All students who travel with the Undergraduate College of the Stern School of Business are expected to maintain the highest standards of professional conduct and integrity.  Students must comply with all College and University policies and procedures governing student conduct (see the NYU Rules of Conduct at and As participants in school-sponsored travel, students are expected to commit to:  
  • Show respect for every member of the NYU community by refraining from all forms of intimidation, sexual and physical harassment, and acts of prejudice that infringe upon the rights of other members of the community. 
  • Refrain from causing physical injury to yourself and others. Students will be held financially and legally responsible for any and all damage they inflict upon other persons.
  •  Refrain from causing damage to real or personal property of others. Students will be held financially and legally responsible for any and all damage they inflict upon the property of others.
  • Preserve the quality of facilities that students may visit or reside at during their travels.
  • Respect cultural differences. This includes observing the proper etiquette in business/social settings (e.g. being punctual for appointments, not speaking out of turn, etc.)
  • Refrain from irresponsible behavior, including the inappropriate and/or excessive consumption of alcohol.  
  • Refrain from leaving the host city for any personal excursions or trips (unless organized by Stern). 
  • Refrain from operating motorized vehicles.
  • Refrain from participating in risky athletic/recreational activities (i.e. scuba, parachuting, parasailing, etc.).
  • Conduct yourself as a law abiding member of both the NYU community and our broader society – including but not limited to (a) refraining from behaviors that infringe upon the rights of others or disrupt the educational process, and (b) acting in conformity with NYU and Stern policies and public law.
  • Refrain from behaving in ways that knowingly support, assist, or in any way attempt to enable another person to engage in any violation of the Code of Conduct. This includes the obligation to report any observed violations of this Travel Code of Conduct or other School and University policies that are deemed to have an adverse effect on the NYU Stern community.
  • Check in on time and in person with the designated University Official on a daily basis.
  • Attend all mandatory events and activities during the trip.
  • Be on time to all scheduled events including daily check-ins on free day(s). 
  • Travel on the group flights purchased by Stern both to and from the destination. 

Violations of the Stern Travel Code of Conduct & Responsibilities can result in disciplinary action, which could include (but is not limited to) academic sanctions, expulsion from the University, referral to the Judiciary Committee or the Undergraduate Dean or Dean's designee(s).  In situations where the violation is deemed egregious, students may be immediately sent back to the U.S., bearing responsibility for the cost of transportation to and from the airport as well as airline fees associated with flight changes.

Stern Policy in Regard to In-Class Behavior & Expectations

The following policies are assumed to be in force during all Stern courses unless an instructor explicitly establishes alternate policies.

In addition to the below expectations, students are bound by University conduct policies, two of which are highlighted below: 

Behaviors that, by virtue of their intensity and/or repetitiveness, interfere with an educational activity (e.g., classroom, remote or online learning environments, advising session, lecture, workshop).

This includes but is not limited to: persistently talking without being recognized; creating noise that obstructs the learning process; smoking/vaping or use of prohibited substance; repeatedly interrupting others; or deliberately engaging in other behaviors that unreasonably and illegitimately distracts from or interferes with the educational experience or otherwise violates University policy.

We modified and added to our section on University Property to address Zoombombing, sharing private links, access classrooms or sessions one is not invited to etc. 

University Properties (Misuse of)
1. Entering or remaining on or in any part of any University premises or virtual spaces and classrooms, without proper authorization.
2. Use of University property or space, including virtual spaces and platforms, without proper authorization.

Laptops, Cell Phones, Smartphones, Recorders, and Other Electronic Devices
None of these devices may be used in class.  

Required and part of grade. Faculty will excuse absences only in the case of documented serious illness, family emergency, religious observance, or civic obligation. Please refer to NYU’s policy on Religious Holidays. In accordance with this policy, if you will miss class for religious observance or civic obligation, whenever possible, notify the faculty member in advance of such anticipated absence. Recruiting activities and business trips are not acceptable reasons for absence from class. If a student is absent from the first day of an intensive course, the instructor may request that the student be removed from the course.

Arriving Late, Leaving Early, Coming & Going
Students are expected to arrive to class on time and stay to the end of the class period. Arriving late or leaving class early will have impact on the course grade. Students may enter class late only if given permission by the instructor and can do so without disrupting the class. (Note that instructors are not obligated to admit late students or may choose to admit them only at specific times and instructors are not obligated to readmit students who leave class.)

Late Submission of Assignments
Late assignments will either not be accepted or will incur a grade penalty unless due to documented serious illness or family emergency. Instructors will make exceptions to this policy for reasons of religious observance or civic obligation, only when the assignment cannot reasonably be completed prior to the due date and the student makes arrangements for late submission with the instructor in advance.

General Behavior
Students must conduct themselves with respect and professionalism toward faculty, students, and others present in class and follow the instructor’s rules for classroom behavior. Students who fail to do so may be asked to leave the classroom.

Collaboration on Graded Assignments
Students may not work together on graded assignment unless the instructor gives express permission. (Please refer to the NYU Stern Code of Conduct)

Recording Classes
At any time, your classes may be recorded for educational purposes.

Grading in Stern Undergraduate Classes

Grading Guidelines for Core Courses at the Stern Undergraduate College

NYU Stern strives to create courses that challenge students intellectually and that meet the Stern standards of academic excellence. To ensure fairness and clarity of grading, the Stern faculty has adopted a grading guideline for core courses with enrollment of more than 25 students, in which approximately 35% of students will receive an “A” or “A-” grade. In core courses of less than 25 students, the instructor is at liberty to give whatever grades he or she reasons the students deserve while maintaining rigorous academic standards. For elective courses, the individual instructor or department is responsible for determining reasonable grading guidelines.

Effective fall 2018, new grade point values have been assigned to letter grades. Listed in the chart below are the full range of letter grades and the numerical values used in the computation of the grade point average prior to fall 2018 and going forward. Grades and grade point averages prior to fall 2018 will not change.
Letter Grade               Point Value prior to fall 2018             Point Value as of fall 2018
A[1]                             4.0       Excellent                                 4.0
A-                                3.7                                                       3.667
B+                               3.3                                                       3.333
B                                 3.0       Good                                       3.0
B-                                2.7                                                       2.667
C+                               2.3                                                       2.333
C                                 2.0       Satisfactory                             2.0
C-                                1.7                                                       1.667
D+                               1.3                                                       1.333
D                                 1.0       Passing                                    1.0
F                                  0.0       Failing                                     0.0

For example, an A in a 4-unit course earns the student 16 grade points (4 x 4.0); a B in a 4-unit course earns 12 grade points (4 x 3.0), and so on.

The following grades are registrar’s grades and cannot be recorded by an instructor. They are without numerical value and are ones for which credit is not granted except as noted.
W—This is a registrar’s grade assigned when a student officially withdraws from a course.
P—This is a registrar’s grade assigned when the student has registered for a course under the pass/fail option when credit is granted or for non-unit courses.

[1] No grade above A or value above 4.0 may be used.


Pass/Fail Option

Pass/Fail Policy

The pass/fail option is designed to encourage students to explore new and potentially challenging courses throughout the University. The following parameters apply to the pass/fail option:
  • a maximum of four courses may be declared pass/fail during a student’s academic career*
  • no more than one course may be declared pass/fail in a given term
  • courses that are used to satisfy academic requirements may not be taken pass/fail; this includes courses used to satisfy
    • general education (liberal arts) requirements
    • business studies requirements
    • business concentration requirements**
    • CAS major requirements
    • minor requirements
  • once a pass/fail application is submitted, the pass/fail designation is irrevocable
*Courses for which pass/fail is the mandated grading option (e.g. letter grades are not awarded for the course) are not factored into the four course maximum permitted to be declared pass/fail.  Please note: courses that require the pass/fail option may still impact a student's eligibility for Dean's List and other honors.

**If an upper level Stern elective required for a concentration (e.g. corporate finance for a finance concentration, financial statement analysis for accounting, etc.) is designated pass/fail, it may impact your ability to pursue that concentration.

Pass/fail grades are factored into the grade point average as follows (ex. 4-unit course):
Grade of P: 0 grade points; 4 units earned
Grade of F: 4 grade points; 0 units earned

Units earned for passed courses are eliminated from consideration for the Dean's List, graduation with honors, and Beta Gamma Sigma (e.g. a full-time student must take a minimum of 12 graded units to be eligible for the Dean's List; a pass/fail course does not qualify as part of these units).

Students must designate the specific course for a pass/fail grade by the last day to withdraw from classes in a given term (this includes fall, spring, summer, and January term). Students wishing to declare a course pass/fail or with questions about the pass/fail option should consult with an academic adviser.  Students can apply to declare a class pass/fail using the online form located on the Academics page on the Current Student website and through the Stern Life portal.

DUE TO THE IMPACT OF COVID-19 IN THE SPRING 2020 SEMESTER, THE PASS/FAIL POLICY FOR SPRING 2020 WAS AMENDED AS FOLLOWS:  Please note that this policy did not extend through summer 2020.
  • P/F any full semester course in which enrolled*
    • This includes all Stern degree requirements
    • Liberal arts core classes, such as Texts & Ideas or natural science courses
    • Stern business core and concentration classes 
  • No limit on the number of classes taken P/F
  • Deadline to apply for P/F is extended to May 12 by 5 PM
  • Once a pass/fail application is submitted, the pass/fail designation is irrevocable
  • For students who select the Pass/Fail option in the spring 2020, failing grades will be converted to F*. While this grade results in no credit for a course, it is not factored into the grade point average. Therefore, the Pass/Fail option will have no GPA impact this semester. 
  • Professors will not know which students have elected to pass/fail their course, unless the students decide to inform them.
  • Professors will assign letter grades to all students in their course. The registration system will automatically convert these letter grades to P/F for those students who have elected to pass/fail the course.
Study Away:
For courses offered by the study away locations (excluding NYU Shanghai and NYU Abu Dhabi), this deadline is based on your study away calendar, which can be found here. If you are also taking NYUAD, NYUNY or NYUSH sponsored online courses, please refer to that school's academic calendar which will vary by location.

*Students interested in requesting a P/F in a CAS major or non-Stern minor course requirement should obtain approval from the originating department prior to submitting a P/F request. Approval emails should be forwarded to

Because letter grades will still be entered even if a course is converted to P/F, students who require letter grades for professional certifications, such as CPA and Actuarial Science, graduate programs, or employment will be able to request an official letter from the University Registrar.

Students who are considering taking multiple courses P/F are encouraged to make an appointment with an academic adviser via NYU Connect.

Grades of Incomplete

Grades of Incomplete
Incompletes may be earned when unavoidable circumstances keep a student from finishing a course that term and the nature of the course permits the faculty member to allow late completion. If coursework will not be completed before the last class for the semester, a student may request a grade of incomplete. The student should discuss this option with the professor before the last day of class. An incomplete grade is given at the discretion of the professor and is never automatic. Students should note that taking an incomplete grade that results in fewer than 12 units earned for a semester may result in placement on academic warning or academic probation. (For more information on academic standards, see page XX). A notation of I (incomplete) is granted for a single semester, without numerical value, and not included in the grade point average. If the student does not then complete the course material in the appointed time (see below), the I becomes an F.

The following rules apply to all grades of incomplete:
1. Students may sit in on the same course in a subsequent term for which they have received an incomplete contingent upon space availability and instructor permission.
2. Make-up work must be completed with the same instructor. If, however, the faculty member is not in residence during the subsequent term when coursework must be completed, the terms of the incomplete can be resolved in consultation with the department chair.
3. All work to complete an incomplete must be made up by the following deadlines unless stipulated otherwise by the instructor:
Fall Term or January Term: Last day of the following spring term.
Spring Term or Summer Session: Last day of the following fall term.

Note: Students taking incomplete grades in courses outside of Stern (e.g. CAS, Tisch, etc.) are encouraged to consult with that School for details about their specific grading policies in regards to grades of incompletes as they may differ from those of Stern.

Grade Point Average

The grade point average (GPA) is determined by dividing grade points by the units (with 4 grade points and 0 units for a grade of F; 0 grade points and 4 units for a P). The courses accepted toward the degree must first meet program requirements. Units are applied in strict chronological order.

An average GPA of C (2.0) is required for graduation (128-144 units and 256-288 grade points) except that the number of units in pass/fail options are deducted from the total units in calculating the GPA (grade points divided by units). Students who complete the required number of units but who lack grade points may be permitted to take additional courses to gain grade points. They may not secure grade points by repeating courses they have already passed.

Not included in the GPA are units taken in excess of 144 units, units brought in from other institutions, or units brought in through advanced standing credit. In addition, grades for courses taken at the School of Professional Studies (SPS) are not factored into a student’s grade point average. Students should consult with an academic adviser regarding these courses.


Retaking Classes

No courses in which a passing grade has been received (D or better) may be retaken. Retaking a course that has been passed in previous semesters is a violation of Stern’s policy and is not counted toward graduation requirements nor computed into the student’s GPA. A student may only repeat a course if:
  • a failing grade was received. Both the failing grade and the passing grade remain on the transcript and both are calculated into the GPA. A student may retake a required course as many times as needed until the course is passed. In those instances, the F grade will be factored into the cumulative GPA as will the passing grade. The units associated with the passing grade will be factored into the student’s earned hours.
  • a higher grade is required for the completion of a minor or major in a specified course.  Both grades will appear and be factored into the GPA, however the credit will only be earned once.

Grade Changes

The process of assigning grades is intended to be one of unbiased evaluation. Students are encouraged to respect the integrity and authority of the professor’s grading system and are discouraged from pursuing arbitrary challenges to it. If a student believes an inadvertent error was made in the grading of an individual assignment or in assessing an overall course grade, a request to have the grade reevaluated may be submitted. To appeal an assigned grade, the student should provide a written explanation to the instructor who assigned the grade outlining the specific grading error. If the student is dissatisfied with the outcome of the review and wishes to appeal the grade further, a formal written appeal should be submitted to the chair and/or faculty course coordinator in the particular department. An independent review of the grade is then undertaken by the department. The student’s work is reviewed to clarify how the grade was determined and to ensure the grade is consistent with the academic guidelines and policies of the department and course. The decision of the department in matters related to a course grade is final. In all cases, students are expected to act within the semester following the course to appeal a grade since faculty may not be available to review an appeal in future semesters or years. (For fall and January term courses, students must appeal no later than the following spring. For spring and summer courses, students must appeal no later than the following fall). After the awarding of the Bachelor’s degree, no grade changes of any kind are permitted unless they are due to a departmental clerical error in recording.

Auditing Courses

The Stern Undergraduate College does not permit auditing of Stern undergraduate courses. Students may not attend courses for which they have not registered.

Academic Standards

The Office of the Dean and the Stern Office of Academic Advising review student records throughout the academic year. Academic standards actions are based on the grades to date at the end of each term. The Stern Undergraduate College requires that all students make steady and substantial progress toward the Bachelor of Science degree. This entails maintaining a cumulative GPA of at least 2.0 and completing no less than 12 units during each academic semester. A minimum 2.0 cumulative GPA is required to graduate. For information regarding Satisfactory Academic Progress as it relates to financial aid packages, review the policies for financial aid eligibility at .

Academic Warning
Any student whose performance results in a cumulative GPA of 2.0-2.25 or a semester GPA below 2.0 (even if the cumulative GPA is above 2.0) will receive an academic warning. Students should seek counseling from an academic adviser to discuss recommendations for achieving an appropriate standard for academic performance.

Academic Probation
Any student whose record is deemed unsatisfactory is placed on academic probation and informed so by letter. A record is deemed unsatisfactory if in any semester the cumulative GPA falls below 2.0 or if it fails to show steady and substantial progress toward the degree. Steady and substantial progress toward the degree entails the completion of 12 units with satisfactory grades for which a student registers in any semester.[1]

Failure to satisfy the conditions of probation outlined in a student’s academic probation letter may result in possible dismissal from the University. Academic probation can jeopardize students’ scholarship and financial aid funding.

Academic Dismissal
Students who are dismissed from the Stern Undergraduate College for poor academic performance are informed in person or in writing. Students who have paid tuition for the next term at the time of dismissal receive a full refund of tuition and fees. Students dismissed for academic reasons are not eligible for readmission, except in the case of extenuating circumstances that would be determined and evaluated by the Dean’s Office.

[1] Stern seniors are permitted to take fewer than 12 units in their final semester if approved by their academic adviser.


Academic Standards for Students in the BS/MS in Accounting Program

Admission to the BS/MS in Accounting Dual-Degree Program is only open to enrolled NYU Stern undergraduate students in the Business Program. Spring admission is only open to first year students and sophomores. Juniors and seniors should speak to an academic adviser about applying for admission.        
To maintain good academic standing in the BS/MS in Accounting Dual-Degree Program, students must earn a grade of B or better in all accounting coursework, maintain a minimum cumulative GPA of 3.0, and maintain a minimum semester GPA of 3.0.

Academic Warning
Students receive a letter of academic warning if they earn a grade of B- in an accounting course. Students are advised to seek counseling from the BS/MS in Accounting Program academic adviser to discuss recommendations for achieving an appropriate standard for academic performance.

Academic Probation
Any student whose record is deemed unsatisfactory is placed on academic probation for the BS/MS in Accounting Program and is informed by letter. A record is deemed unsatisfactory if in any semester the cumulative GPA falls below 3.0; the semester GPA is below 3.0 (even if the cumulative GPA is above 3.0); and/or the student earns a grade of C+ or below in an accounting course.

Following one semester of probation, a student may be dismissed from the BS/MS in Accounting Program if he or she fails to satisfy the conditions of the probation.
If a student is placed on probation in his or her second-to-last semester in the BS in Business Degree Program and fails to satisfy the conditions of probation at the conclusion of the final semester in the BS Program, the student will not be permitted to matriculate into the MS in Accounting Program. 

MS in Accounting Program
Admission to the MS in Accounting Program is contingent upon completion of the BS in Business Program. Conferral of the MS in Accounting degree is dependent upon the student earning a cumulative GPA of 2.5 or better and satisfying any other degree requirements maintained by the Graduate School of the Stern School of Business.

Concentration(s) and Minor Selection

Students are encouraged to declare a concentration(s), major in CAS, and/or minor by the end of their sophomore year. Students are required to declare at least one Stern concentration on Albert no later than the end of their junior year. When considering a double concentration, a major through CAS, or minor, students should be aware that the degree requirements might exceed 128 units, possibly affecting financial aid. Those who have questions about specific concentrations, double concentrations, or minor possibilities, or who require help in making this decision should see their adviser at the Stern Office of Academic Advising, or the respective undergraduate faculty adviser, or the appropriate minor department. Students make a formal declaration of a concentration by completing a Selection of Concentration Declaration form electronically at A cross-school minor form can be filled out electronically on Albert. The primary major for a Stern degree is Business. Students are permitted to declare up to three official designations beyond the major in Business (i.e. two concentrations and one minor; one concentration and two minors; or two concentrations through Stern and one major through the College of Arts & Science).

Double Counting of Stern Course Work

Stern students are not permitted to count Stern coursework toward more than one requirement. For instance, students concentrating in finance and global business may count International Financial Management either as an advanced finance elective or as a global business requirement—it cannot count toward both concentrations. In some situations, certain Stern courses taken as substitutes for specific curricular requirements may be used to satisfy both the requirement in question and an upper-level elective toward the completion of a given concentration. Students are encouraged to meet with an academic adviser to determine if this may apply to their situation and, more generally, if they have any questions about how this policy might impact their planned academic progress.

Proficiency Examinations

Writing Proficiency Examination
Stern first year students are required to take two writing courses. Students must take Writing the Essay (EXPOS-UA 1) and Business & Its Publics: Inquiry and Discourse (SOIM-UB 125). For qualified international students, the courses are International Writing Workshop I (EXPOS-UA 4) and International Writing Workshop II (EXPOS-UA 9). In addition, all students must demonstrate proficiency in expository writing which is satisfied through achieving a minimum grade of C in Writing the Essay or International Writing Workshop I.

Internal transfer students from other NYU divisions should have satisfied the proficiency requirement by achieving a minimum grade of C in a corresponding writing course completed through their previous division.

External transfer students[1] must complete a proficiency examination administered by the Expository Writing Center in May, August, and December.

All students must receive a passing score on the writing proficiency examination to graduate. Any student who fails the test must instead register for EXPOS-UA 13 Writing Tutorial (4 units) for graduation, which is offered on a pass/fail basis only. Any student who fails this course must repeat it until a passing grade is earned. The course is also available for other students as space permits. In particular, the tutorial course provides intensive individual writing lessons. For more information, visit or contact the Expository Writing Center, 411 Lafayette Street, 4th Floor; 212-998-8860.

Transfer Business Proficiency Examinations
All transfer units received in each of the following subjects are designated as elective only, pending completion of a multiple-choice proficiency examination in the subject: finance, marketing, and statistics. If the student obtains a passing score, the units are redistributed to fulfill the appropriate requirement in the degree program (MKTG-UB 1, Introduction to Marketing; FINC-UB 2, Foundations of Finance; or STAT-UB 1, Statistics for Business Control). Students may take these examinations only once. If the student fails the proficiency examination, the transfer course remains as elective credit and the student must satisfy the introductory requirement at Stern. Only students with introductory courses in these subjects from a previous institution are eligible for proficiency examinations (except for students with scores of 4 or 5 on the AP examination in statistics). All proficiency examinations are administered by the Stern Office of Academic Advising. Students wishing to take any of these examinations must do so by the stated deadline provided by the Advising Office each year.

[1] External transfer students who did not take two writing courses at their previous institution, but who took other coursework that required intensive writing, may submit a portfolio of writing samples to the Expository Writing Program for use in evaluating if they are required to take EXPOS-UA 1. Students waived from this requirement due to their submission of a portfolio are still required to pass the Writing Proficiency Exam.

Advanced Standing and Credit By Examination

The Stern School of Business Undergraduate College strongly recommends that students apply no more than 20 advanced standing points toward their degree requirements given that the Stern curriculum has been carefully designed to ensure both intellectual depth and breadth throughout four years. To apply for advanced standing, a student must
  • submit proof of prior college-level course work or advanced placement (AP) test results to the Undergraduate Admissions Processing Center or bring a sealed envelope of the transcripts and/or the test results to the Stern Undergraduate Office of Academic Advising,
  • meet with his/her adviser at Stern to discuss the implications thereof, and
  • sign an Advanced Standing Agreement Form found here with the Stern Undergraduate Office of Academic Advising that is placed on file with the Stern Undergraduate College and the Office of the University Registrar.
Note: Freshmen are highly encouraged to consult with an academic adviser before they apply AP credit toward their first term at NYU.

Credit by Examination
The Advanced Placement Program (AP-College Entrance Examination Board), the International Baccalaureate Program (IB), and the results of some foreign maturity certificate examinations enable undergraduate students to receive credit toward the bachelor's degree on the basis of performance in college-level examinations or proficiency examinations related to Stern's degree requirements, subject to the approval of the college.
The maximum number of units allowed toward the degree requirements that are a result of any possible combination of nonresidential special examination programs shall not exceed 32. Note: Stern strongly recommends that undergraduates apply no more than 20 units toward their degree requirements so they may fully experience the depth and breadth of the Stern curriculum.

Advanced Placement Program (AP)
New York University participates in the Advanced Placement Program of the College Entrance Examination Board. In accordance with New York University policy, if test results are 4 or 5, depending on the subject examination, the student may receive college credit toward the degree and may not take the corresponding college-level course for credit. For a chart of approved AP course equivalences, click here.

International Baccalaureate (IB)
The Stern School recognizes for advanced standing credit most higher-level examinations passed with grades of 6 or 7 (exceptions include Economics). No credit is granted for standard-level examinations. Official reports must be submitted to the Undergraduate Admissions Processing Center for review.
For a chart of approved IB course equivalences, click here.

Maturity Certificate Examinations
The Stern Undergraduate College will consider the results of certain foreign maturity certificate examinations for advanced standing credit, i.e., British GCE "A" levels or Cambridge Pre-U, French Baccalauréat, German Abitur, Italian Maturità, or the Federal Swiss Maturity Certificate. Stern may require that score reports be authenticated and reviewed by approved independent credential evaluation agencies. For a chart of approved A-Level course equivalences, click here. All other Maturity Certificate examinations will be reviewed on a case-by-case basis.

Limitations on Advanced Standing Credits (By Subject)

All students entering Stern as freshmen are required to fulfill a 4-unit mathematics course. Beginning with the class of 2016 and beyond, students who earn a 4 or 5 on the BC Calculus AP exam, or a 6 or 7 on the IB Higher Level Mathematics exam, or an A or B on the GCE A-level Math exam will be eligible to apply those advanced standing credits to satisfy the Calculus I requirement.

The 4-unit requirement is typically fulfilled through the successful completion of Calculus I (MATH-UA 121), but for students with advanced standing, a higher-level course may be more appropriate for fulfilling the 4-unit requirement. Stern academic advisers are available to help those students with advanced standing make appropriate course selections. Advanced standing can be used to place into either Calculus II, Calculus III, or Linear Algebra.

All students entering Stern as freshmen are required to complete the 4-unit Microeconomics course (ECON-UB 1).
Students in the B.S. in Business program also complete a 4-unit international economics course, Economics of Global Business (ECON-UB 11). No credit is awarded for any prior Economics course work or AP economics exams.

Students in the B.S. in Business and Political Economy program will complete Intro to Macroeconomics (BPEP-UB 2) and International Economics (ECON-UA 238 International Economics) in lieu of Economics of Global Business.

Transfer students who do not enter Stern with an approved intermediate-level microeconomics course will be required to take either Competitive Analysis (ECON-UB 15) or Intermediate Microeconomics (ECON-UA 10) to satisfy this requirement.

All students entering Stern are required to fulfill a 6-unit statistics requirement. Students are eligible to waive out of 4 of the 6 total unit requirements based on an appropriate score in AP Statistics. To be waived from the 4-unit portion of the requirement, eligible students may take a proficiency examination in the first semester the student arrives on campus. Upon passing the examination, the 4 units from the usual Statistics requirement are redistributed to electives. Regardless of advanced standing, all students must take the 2-unit course entitled Regression and Forecasting Models (STAT-UB 3).

All students entering Stern as freshmen are required to complete an 8-unit writing sequence. No credit toward degree requirements is currently granted for prior course work or examination results in writing or exposition.

Semester Course Loads

Matriculated full-time students are expected to complete at least 32 units per academic year.  To be in good academic standing, students must complete a minimum of 24 units per academic year. Failure to maintain full-time standing prior to the final degree semester results in a credit deficiency notation being placed on a student’s record and the student must meet with an academic adviser to discuss ways to achieve proper academic progress. Students are only permitted to register on a part-time basis (fewer than 12 units) during a summer session and/or the final semester of their degree program.
            Permission from the Stern Office of Academic Advising is required if a student wishes to take more than 18 units in a given semester. Students who wish to do so must fill out the “Request to Increase Semester Credit Load” form and meet with an academic adviser for final approval once the form is filled out. Permission to take more than 18 units per term is limited to students who have completed at least 32 units of work while matriculated at Stern and who have maintained a cumulative grade point average of 3.0 or better. Freshmen may be given permission to take more than 18 units in a semester only after completing one full semester of course work and only if the student has a GPA of 3.5 or better. All students taking over 18 units in a given semester are subject to extra tuition and fees. Students enrolled in fewer than 12 units in their final semester or who exercise the option to increase their unit load at any point in their academic career are encouraged to visit the Office of Financial Aid and the Office of the Bursar to find out how their semester course load impacts their tuition costs or financial aid.  In addition, international students who pursue an approved semester of either an increased course load or an fewer than 12 units are encouraged to meet with the Office of Global Services to discuss any potential implications on their Visa status.
            While the Stern curriculum only requires that students earn a minimum of 128 units to meet most concentration[1] and graduation requirements, students can take up to and count toward their GPA 144 units while at Stern.  Courses taken in excess of 144 credits that do not meet degree requirements will be discounted from the student’s degree chronologically (i.e. the most recent course taken that does not satisfy degree requirements will be discounted).  Students on financial aid, however, may not receive funding for any units taken over 128 units that do not count toward graduation requirements. Students who must take an excess of 128 units in order to meet their graduation requirements are encouraged to contact the Office of Financial Aid.

[1] Some Stern/CAS concentration/major combinations necessitate exceeding the 128 unit graduation requirement.

Residency Requirements

All degree candidates are subject to the following residency requirement: students, excluding those authorized to participate in an approved study away program, must complete at least 64 units of coursework in residence at the Undergraduate College of the Stern School of Business.       

Transfer students from other NYU schools are required to transfer in all graded credits taken at NYU prior to entering Stern with the exception of any advanced standing credit (AP, IB, etc.) that was automatically applied without their explicit consent at the outset of their original program. Internal transfer students may enter Stern with more than 64 earned units, however they are held to the 144 unit limit so that any non-required units earned in excess of that limit will be discounted from their degree. 

External transfer students can transfer in a maximum of 64 units from their prior institution(s).

Non-transfer students are allowed to transfer in a maximum of 32 units from the following: Advanced Placement Examinations, the International Baccalaureate Program, the results of certain foreign certificate examinations, and college credit earned prior or during matriculation at NYU (see policies related to “Non-NYU coursework”).

The full-time program should be completed in four years and must be completed within five consecutive calendar years or 10 academic semesters; this includes semesters taken at previous institutions. Failure to do so may result in academic dismissal.

Non-NYU Coursework

Students enrolled for degree programs at New York University are expected to take their courses, including summer sessions, at New York University. Exceptions are considered on a case-by-case basis and must be taken at a four year-accredited institution. They are not to exceed 8 units of non-business coursework and must be preapproved by the Stern Office of Academic Advising. This includes courses taken online. Coursework taken outside of NYU must comply with the Stern residency requirements.

Stern does not grant credit for college/university courses taken during high school if the courses were also used to satisfy high school graduation requirements. Previously taken college coursework (non-business) that does not count toward the high school degree can be reviewed for possible application of credit. Previously taken college/university business coursework may not be used for credit and may only be evaluated for placement. External transfer students who took business coursework at their previous institution can have those courses reviewed for both placement and for possible credit (see policies related to Transfer Business Proficiency Examinations).

In all cases, an official transcript from the transfer institution must be furnished by the student to the Academic Advising Office to facilitate application of credit toward the Stern degree. In cases where credit is being applied by incoming first year students for previously taken college coursework, a minimum grade of B is required.  For external transfer students and continuing students who opt to apply outside credit, the minimum grade required is a C or higher.

For spring 2020 courses only: Given COVID-19-related disruptions, the following exceptions will be made to the NYU-Stern policy:
Courses taken outside of NYU on a Pass/Fail basis (or for which other non-A-F grades were awarded as exceptions to standard academic policy) can be transferred for credit towards the NYU degree, provided that there is a transcript notation or a letter from the institution confirming that the Pass or other non-A-F grade is equivalent to a C-minus or higher; the minimum A-F grade for transfer eligibility is C-minus. 

Approval for the awarding of credit or determining placement based on previously taken college credit is at the discretion of the Academic Advising staff. 

Leave of Absence or Complete Withdrawal from all Courses

Leaves of absence are approved for medical, financial, or personal reasons. Students may request in advance a leave of absence from the Stern Undergraduate College for a period of up to two semesters in their career. The typical period for a leave is one semester, but students may request a second semester as well. To request a leave of absence, students must meet with their academic adviser to discuss not only the reason for the leave, but also the ensuing ramifications and possible alternatives to taking a leave. Once approved, a Leave of Absence Form must be filed and students must complete the NYU Semester Withdrawal Form on Albert.
            Students should be aware of the following:
  • Students may request a leave of absence from the Stern Undergraduate College for a maximum period of up to two semesters in their career.
  • Students absent for more than two consecutive semesters must apply for readmission to the Stern Undergraduate College with no guarantees of acceptance.
  • International students whose home countries require students to perform two years of military service do not need to apply for readmission to NYU and Stern after a leave of absence for military service provided they meet the following conditions: (1) they are on leave for just four regular (e.g., fall and spring) semesters and (2) they  provide documentation of their military service during that  time and an honorable discharge certificate, accompanied by  English translation by accredited third-party translators. Students who take a leave of absence for a military-related reason who fail to meet these conditions must apply for readmission with no guarantee of acceptance.
  • Leaves are not granted after the ninth week of the term except for compelling personal or medical reasons.
  • Refund percentages are based on the Office of the Bursar’s schedule of refunds and are not granted after the fourth week of the term.
  • Students who request a leave of absence for two consecutive semesters are required to meet with their adviser upon their return to Stern.
  • Medical leaves require supporting documentation from the Student Health Center or Counseling & Behavioral Health Services.
  • Students returning from medical leave require clearance from the Student Health Center or Counseling & Behavioral Health Services prior to enrolling in classes.
  • Students are responsible for financial aid renewal applications and deadlines while on leave.
  • No credit is awarded for domestic or international classes taken while on a leave of absence.
  • Any student on an unofficial or unauthorized leave is required to apply for readmission.
  • International students are instructed to meet with a counselor in the Office of Global Services (OGS) prior to taking a leave of absence to ensure that their visa status allows for a leave and to discuss visa and other immigration implications that might arise from a medical, personal, or financial leave of absence.
  • Any student involved in an ongoing disciplinary investigation may not initiate an official withdrawal from the University without approval from the Stern Undergraduate College.

Leave of Absence or Withdrawal After the Start of a Semester
Once a semester has begun, enrolled students who want to (1) withdraw completely from all courses for the current semester, (2) withdraw completely from the University, or (3) take a leave of absence for the current semester must complete the NYU Semester Withdrawal Form on Albert. Students do not need to complete the NYU Semester Withdrawal Form if (1) they are dropping/adding individual classes, but will remain enrolled at NYU, or (2) are notifying the Stern Office of Academic Advising about their intent to take a leave of absence or withdrawal from the University for a future semester.

Early Graduation

All students accepted to the Stern School of Business are admitted to a 4-year (8 academic semesters) program. Students are encouraged to participate in the wide range of opportunities found at NYU including clubs, sports, community service, and internships over the four-year period.

The possibility of early graduation is contingent upon the completion of all required coursework. Completion of coursework is subject to course availability and successful completion of all degree requirements. Students interested in early graduation are encouraged to discuss it with their adviser.

Access to Academic Information

The Family Educational Rights and Privacy Act (FERPA) requires the permission of a student to release information from his or her education records to a third party (except in certain specified instances). A student’s education record includes all documents maintained by the University in either hard copy or electronic format that contain personally identifiable information about the student. If a student wishes to consent to release information from their education records for the purpose of keeping a parent or other individual informed of their progress at NYU, they must complete the Consent to Share Student Information Form which can be found in the Stern Office of Academic Advising or online at Students have the right to revoke the permissions granted at any time by submitting a revocation letter to the Stern Office of Academic Advising. The waiver to share information with a third party remains in effect until the student submits such a letter. For more information on FERPA, see

Internship Policy

Internships are a wonderful complement to classroom learning and can be a valuable part of a student's education, especially with all of the exciting opportunities offered in New York City. Scheduling conflicts associated with internships are not an acceptable excuse for failing to meet academic obligations including but not limited to attending class, arriving to class on time, taking scheduled examinations, completing homework assignments, fulfilling group work obligations, and addressing registration issues.

Stern only signs the agreements related to and associated with the Business Practicum course. Stern does not sign contracts and liability waivers provided by companies.Stern offers a 0.5-unit elective course Business Practicum (MULT-UB 71) designed to help students learn leadership and interpersonal skills that will allow them to effectively apply their classroom knowledge to the workplace. For more specific information regarding this course, refer to the Multidisciplinary Courses section as well as