Transfer Credit

School of Management Policy


Students who entered SMG in September 2013 and beyond complete no fewer than 129 credits, plus additional one-credit career management seminars.

Students who entered SMG between September 2011 and January 2013 must complete a total of 136.5 academic credits if they completed SM 121/122, and 134.5 if they completed SM 299.

For students who entered the School of Management before September 2011, transfer credit from colleges not on a 4-credit-hour course system will be applied to the Boston University program by means of a conversion table that equates the systems.

Incoming transfer students may be eligible to pursue waiver exams for Introduction to Finance (SMG FE 101), Financial Accounting (SMG AC 221), Managerial Accounting (SMG AC 222), The Dynamics of Leading Organizations (SMG OB 221), Introduction to Law (SMG LA 245), and Probabilistic and Statistical Decision Making for Management (SMG SM 221) to determine if equivalent courses will be transferred as required or elective credit. Waiver exams must be taken within the first two semesters of the student’s entering the School of Management. Questions concerning dates and times of the waiver exams should be directed to the School’s Undergraduate Program Office. All other management courses must be taken at the School of Management.

Students taking summer courses at other colleges must obtain written approval from the Undergraduate Program Office prior to registration. Once a student has enrolled at the School of Management as a degree candidate, approval will not be given for management courses taken outside SMG. Courses that have not been pre-approved will not be credited toward degree requirements. Students entering the School of Management as freshmen who have taken non-management coursework at another college or university prior to enrolling at Boston University should have the courses approved in their first semester. (Students entering SMG as freshmen will not receive transfer credit for management courses taken elsewhere.) All transfer courses must be taken for a letter grade. Students must receive a grade of C or better for transfer credit to be granted. Credit will not be granted for online, hybrid online, or distance learning courses.

The School of Management does not accept for transfer any credits received seven or more years prior to a student’s expected date of graduation. Course material covered in a previous course cannot be duplicated for credit at Boston University.


Transfer of Credit Policies—MBA

1. Only courses from MBA programs accredited by the International Association to Advance Collegiate Schools of Business (AACSB) will be eligible for Transfer of Credit. Visit here for a listing of accredited schools.

2. Transfer courses must have been completed within the past five calendar years, taken for credit, and not used toward the completion of another degree or certificate. Undergraduate courses will not be accepted.

3. Online courses are not eligible for transfer.

4. Only courses completed with a B- or better will be eligible for transfer.

5. Core courses and Executive Skills (ES) courses are not eligible for transfer.

6. Transfer credits may not count toward the requirements of a concentration, or toward the requirements of either the HSM or PNP program.

7. Transfer courses taken while enrolled at GSM will not be eligible if they are equivalent to those offered at GSM in the Spring or Fall Semester.

8. Students must fulfill the Boston University residency requirement.

MBA students must register for and complete a minimum of 40 graduate-level credits (of their 64 credit curriculum) at the Boston University Graduate School of Management (GSM) in order to qualify for graduation.

MS·MBA students must complete the following residency requirements (of their 84 credit curriculum) for each portion of their degree: 31 credits of the MBA portion and 40 credits of the MSIS portion must be taken at GSM.

  • Newly admitted students apply within a month of the start of the program.
  • Continuing students should apply one month before the start of the class.

This time frame is necessary to ensure a response before you begin the course.

Course Substitutions Based Upon Previous Coursework—MS in Mathematical Finance

• Given that the Mathematical Finance Program follows a set curriculum, requests to waive out of coursework based on undergraduate and professional experience will not be honored.

• Students seeking a course waiver based upon previous graduate-level coursework that is related to content covered within the Mathematical Finance Program must follow a specific appeals process. This process includes submission of a course description and syllabus, an official transcript, as well as a letter requesting a course waiver. If approved, the student will be directed to substitute a specific Mathematical Finance-related course in place of the waived required course.

Transfer of Credit—MS in Mathematical Finance

• Given the academic nature of the Mathematical Finance Program, students are prohibited from using transfer of credit toward Mathematical Finance degree and credit requirements. Students must complete 48 credits in residence at the Boston University School of Management.

• Regardless of the number of credits waived, in order to have the MS in Mathematical Finance conferred, all students are required to meet their residency requirements as described in the following chart:

Transfer of Credit—PhD in Mathematical Finance and Management

A student must receive approval from his or her faculty mentor to request a transfer of credit and then complete application forms, which are available in the Graduate Programs Office (GPO).

Regardless of the number of credits transferred, all students are required to meet the residency requirement of 32 credits completed at Boston University in order to earn the PhD.

Transfer of Academic Credit for Previously Completed Coursework for New Students

Students may petition for transfer of credit for previously completed, graduate-level coursework if:

• The course was completed within the past five calendar years.

• A grade of B- or better was earned in the course.

• The course was completed at an MBA or PhD program accredited by the International Association to Advance Collegiate Schools of Business (AACSB). Member schools are listed here.

• The course was taken for credit and was not used toward the completion of another degree.

Pre-Approval for Transfer of Academic Credit for Current Students

In addition to the requirements outlined in the “New Students” section above, current students wishing to take classes at other colleges or universities (outside of the GSM and Boston University) must abide by the following guidelines:

• Students must submit their Transfer of Credit Petition at least one month before the first class meeting.

• Except under extenuating circumstances, current students cannot petition for transfer of credit for courses offered in the School of Management.

• Students interested in taking courses through the University Consortium should refer to the Registrar’s website.

Process for Petitioning for Transfer of Academic Credit

Students must request a Petition for Transfer of Academic Credit form from the GPO, complete it, and return it to the GPO for review. A separate petition must be submitted for each course for which credit is sought. The following materials must accompany each petition:

• An official course description.

• A course syllabus (current students should obtain the most current syllabus available for a course they hope to take; new students should provide the actual syllabus for a course they have taken in the past) including a list of textbooks and supplementary readings and a course-meeting schedule indicating number of class meetings, exam dates, and start/stop time of each class.

• New students should submit an official transcript (unless this is already part of your admission file) and current students will submit a transcript once the course has been completed.

Each petition will be evaluated by a faculty member to ensure that the course contains a level of academic content deemed appropriate for the BU PhD program. If the course content is approved, credit will be awarded in the amount of 4 credits per transferred course.

The GPO will notify students of the disposition of each petition by email. Approved transfer credits will be noted on the student’s transcript but will not be a factor in the computation of the GSM grade point average, nor will grades received in transfer courses appear on students’ BU transcripts.