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What is the difference in waived and transfer credits?

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What is the difference in waived and transfer credits?

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Waived credits come from undergraduate work that has been completed at an AACSB-accredited school which has a grade of ‘B’ or better to be applied to the Foundation requirements only. The Foundation requirements can be waived based upon undergraduated degree work and work experience; each individual will be evaluated separately. Transfer credits are credits earned for graduate level work from another AACSB four-year institution, which must have been completed within five years and have grades of ‘B’ or better.

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