Core Course Exemption Procedures -
Fall 2007

General Information
The Johnson School core has been substantially modified over the last two years. This document contains information on the content and timing of the core courses at the Johnson School, the general requirements for graduation, and procedures for obtaining exemption from the core requirement or qualifying to take substitute courses. Please read this information carefully.

The Johnson School Core
The required core curriculum at the Johnson School consists of eight 2.5-credit courses (totaling 20 credits), all of which must be completed in a student's first year. The schedule for a first year student who exempts no core courses is:

Fall Courses
	1st Half	2nd Half
Foundations	Microeconomics NCC 502	Statistics for Management, NCC 501
Financial Analysis	Financial Accounting, NCC 500	Managerial Finance, NCC 506
Managing People & Products	Marketing Management, NCC 503	Strategy NCC 509
Spring Courses
	1st Half	2nd Half
Spring Core	Managing Operations, NCC 508	Managing and Leading in Organizations, NCC 504
Immersions or Electives	Immersion in Manufacturing, Marketing, Research, Sales & Trading, I-Banking, Managerial Finance, Entrepreneurship or Electives

Core Course Exemption or Substitution
The core requirement can be satisfied in one of three ways: passing the core course, passing an approved substitute for the core course, or by gaining exemption from the core requirement. The only core courses for which there are no exemption or substitution possibilities is Strategy, NCC 509 and Managing & Leading Organizations, NCC 504.

In most cases exemption is possible only by passing an exemption examination regardless of your past exposure to the material. For exceptions to this policy, see the detailed description by core area. In some cases, however, it may be possible to qualify to take a higher level course as a substitute for a core course if sufficient knowledge is demonstrated on the exemption examination.

Exemption examinations for most core courses will be given immediately prior or post to the Orientation Program. The examination for Managing Operations (NCC 508), which is taught in the spring semester, will be given during late fall or in January during the first week of classes.

Descriptions of the exemption procedures for most core courses, information on course content and review materials for the exams, and sample exemption examinations, when available, are provided in the navigation to the right. Please read these materials carefully.