MBA and MBA Foundation Examinations FAQ

General

Federal and Financial aid is available regardless of income, with low interest rates and flexible payment options. Excelsior College is the pioneer in offering federal aid for a completely online education. Certificate programs do not qualify for financial aid.

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MBA

Students with a bachelor's degree from an accredited institution may apply for admittance into the program. There is no Graduate Management Admission Test® (GMAT®) requirement

You can transfer up to 24 credits into the program. If you have completed graduate-level courses that you would like reviewed for possible application to the program requirements, submit an official transcript for review when you apply. Any credits above 24 will be reviewed on a case-by-case basis for possible approval. Excelsior College requires a grade of B- or higher for any approved graduate course accepted for transfer credit. The College does not use pluses or minuses, so such grades will be converted to the full letter grade. To accept a course that is transferring in with a P grade, the college/department/ faculty member issuing the P grade must verify that it is equivalent to a B- or better.

All approved transfer credits must have been completed within 10 years prior to your enrollment date in the program

Yes. Excelsior College currently offers all the courses needed to meet the MBA degree requirements.

Currently, we do not accept portfolio-based credits at the graduate-level. Students can complete degree requirements through Excelsior College online courses and other approved online or classroom based courses.

MBA Foundation Examinations

Only students enrolled in an Excelsior MBA program may take Foundation Exams.

No. In general, you do not have to take the graduate foundation courses if you have taken and passed upper‑level, undergraduate equivalent courses with a grade of "B" or better within the last ten years.

You can register for the exams either online or by phone. However, you must obtain an approval by your advisor prior to the registration.

The cost of the exam is $345. The exam does not qualify for financial aid.

No. You will not receive any credits. If you pass the exam, however, you will not be required to take the corresponding graduate foundation course.

No. You only have one chance to pass the exam. However, you are allowed to take another foundation exam. In general, you are allowed only one attempt for each foundation exam.
No. You are not required to purchase the textbook. However, it is a good idea to obtain a copy through a purchase or a library loan. This will allow you to go through the content and materials as a review for the exam.

Yes. You can take the exam at Pearson VUE authorized test centers worldwide. There is an additional $10 charge.

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