Most universities offer MBA programs, but only a few accept transfer credits from other schools. This means that courses completed at one college are recognized by other schools. A network MBA program, a dual degree MBA/MS program, and a part-time MBA program may all accept transfer credits for graduate-level courses. Check out the following details about these programs as well as admission requirements.
MBA Programs Accepting Transfer Credits
Network MBA Program
One type of MBA program that accepts transfer credits is a network-based MBA program, where different schools within a particular network recognize coursework from each other. Usually, these schools have a transfer agreement in place so that students can easily transfer credits. Because coursework may be the same or similar, there is usually no limit to the amount of credits needed to transfer.
Dual Degree MBA/BS Program
Some colleges offer an additional degree along with the MBA degree. One example is the Master of Business Administration and Master of Science (MS) dual degree program. This type of program can be eligible for transfer credits. Usually, a limited number of credits are accepted from another school.
Part-Time MBA Program
Another program that is eligible for transfer credits is a part-time MBA program. Some colleges will grant waiver credits for courses that were completed within the past seven years at another school. These courses must be in the major or minor of the subject area. Another requirement for transfer credits is a passing grade in the course.
Common Courses in MBA Programs That Can Be Waived
The following types of core or foundational courses may be eligible for waiver credits in a part-time or dual degree MBA/MS program.
In this course, the accounting concepts and tools used for decision-making in businesses or organizations are presented. This includes financial statement analysis, cash flow analysis, and cost-to-profit considerations. Another topic covered in this class is responsible accounting.
Economics and Finance
The basic concepts and practices for business are taught in this course. Students with limited exposure to business principles generally take this type of class to gain a foundation. Topics of study include financial decision making and economic theory.
This course presents topics in manufacturing operations. This includes supply chain management, project management, and process improvement. Other issues are introduced as well including capacity planning and international purchase orders.
Program Admission Requirements
When students are transferring credit, they must be sure to meet all of the admissions requirements for the school to which they are transferring. Most of these programs require that students have a bachelor's degree from an accredited college or institution, transcripts, a resume, and GRE or GMAT scores. Some schools may provide GMAT waivers. Students also usually fill out an application and pay an application fee. International students must submit TOEFL scores to prove their proficiency in the English language. Some universities require an essay as well as letters of recommendation.
There are at least three types of MBA programs that accept transfer credits. Some programs in the same network offer flexible, unlimited transfer opportunities, while others may waive a few credits for part-time or dual degrees.