The Williams College of Business

STAT 500 Waiver Exam

A waiver exam is available for STAT 500: Business Statistics. Successful completion of this course or the STAT 500 waiver exam is required prior to enrollment in Core MBA classes MGMT 551 and FINC 550 or in the M.S. Customer Analytics (MSCA) program.

To arrange the waiver examination, please contact the MBA Office by email or phone (513-745-3525) or an MBA or MSCA advisor. The exam may be administered during office hours in person or via online proctoring. The fee for in-person will only be assessed to students who earn a passing score while those choosing to the use the online exam are charged for the proctoring service regardless of exam score.

The STAT 500 waiver examination costs $75.00 in person (passing) while rates vary for online based on scheduling.

The STAT 500 exam requires a 70% score to pass.

Students are given one opportunity to test out of STAT 500. If a passing score is not earned then the corresponding course must be completed.

The waiver exam must be taken by the end of the first calendar year in the MBA program for part-time students or by the end of the first semester for full-time students. For the MSCA program, the waiver exam must be taken prior to enrolling in BAIS 660.

CLEP Exam for ACCT 500

The CLEP waiver exam is accepted for ACCT 500: Foundations of Financial Accounting. The CLEP exam is the only test accepted for the waiver of this class. Successful completion of this course or the CLEP exam is required prior to enrollment in the Core MBA classes ACCT 550 and FINC 550.

Minimum acceptable score for ACCT 500 is 65 (the raw score equivalent to a "B" grade). The CLEP score must be sent directly from the testing service to the Xavier MBA Program (this can take up to four weeks to receive).

As with the STAT 500 exam, students have one opportunity to take the CLEP exam for ACCT 500. If the passing score is not earned then the corresponding course must be taken.

Learn more and obtain study guides through CLEP.