{"id":55655,"date":"2022-08-02T10:44:51","date_gmt":"2022-08-02T17:44:51","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/2022\/08\/gmat-waiver-2023-cfa-exemptions-provided-by-all-the-top-business-schools\/"},"modified":"2022-08-02T10:44:51","modified_gmt":"2022-08-02T17:44:51","slug":"gmat-waiver-2023-cfa-exemptions-provided-by-all-the-top-business-schools","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/gmat-waiver-2023-cfa-exemptions-provided-by-all-the-top-business-schools\/","title":{"rendered":"GMAT waiver 2023- CFA Exemptions Provided By All The Top Business Schools!"},"content":{"rendered":"

Tick tock! Tick tock!<\/strong> <\/p>\n

With just less than two months left for the first round of deadlines<\/em><\/strong>, it\u2019s prime time to start the heavy work on your application. But before applicants even begin working on their applications, they get stuck at a huge roadblock- the GMAT!<\/p>\n

We all know that preparing for GMAT takes a lot of hard work, dedication, and preparation. However, in recent years, B-schools have opted to provide  GMAT waivers<\/em><\/strong> based on different grounds allowing candidates to focus more on building other elements of their profile.<\/p>\n

Due to the pandemic, almost all the top B-schools in the 2022 intake offered GMAT waivers. Still, now that the economies are opening and recovering, applicants may not get the huge relaxation of GMAT\/GRE waivers.<\/em><\/strong> <\/p>\n

However, that\u2019s not entirely the case. Many top B-schools tend to give preference to certified courses like CFA and do accept it instead of a GMAT score...<\/p>\n

This article lists all the top MBA programs offering GMAT waivers for 2023 intake based on the CFA program exemption if<\/em><\/strong> you\u2019re considering a graduate degree in Management, business school, investment, or financial services. Congrats! You are eligible for a GMAT\/GRE waiver <\/em><\/strong>and even might be eligible for a course waiver if you\u2019ve got a good level of achievement in the CFA Program. For example, having a specific group in the CFA Program(e.g., Level 1, Level 2) or being a charterholder can exempt you from some core financial courses and, of course! Qualifies you for a GMAT waiver!<\/p>\n

Moreover, having additional certifications not only helps you glide past the tough questions asked by the adcom during the interview but also exhibit a strong intellect to B-schools (something all these top B-schools look for).  <\/p>\n

These waivers are relatively recent; however, increasingly, enough new schools are adding & revising their exemptions regularly. The details of the waivers vary by school and program; hence, the table below is intended to be a resource that highlights the various benefits and waivers available at each program.<\/p>\n

 <\/p>\n

Top US MBA Programs with Exemptions for CFA Charterholders<\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
School<\/th>\nWaiver Details<\/th>\nMore Information<\/th>\n<\/tr>\n<\/thead>\n
Cornell<\/td>\nGMAT not required <\/td>\n nil <\/td>\n<\/tr>\n
Dartmouth.<\/td>\nGMAT not required<\/td>\n CFA charterholders exempt from <\/tr>\n
Duke.<\/td>\nGMAT not required <\/td>\nWaive finance course after passing Level III<\/tr>\n
Emory <\/td>\nGMAT not required for MBA & EMBA programs.<\/td>\nCFA charterholders eligible for a waiver.<\/tr>\n
Iowa.<\/td>\nGMAT waived, and some Course waiver is provided <\/td>\nWaive some finance core courses by passing the CFA Level I exam.<\/td>\n<\/tr>\n
John Hopkins<\/td>\nGMAT \/ GRE waiver for dual government \/ MBA program. <\/td>\n Waiver for CFA charterholders <\/td>\n<\/tr>\n
Notre Damn<\/td>\nGMAT waived & Course waiver in Executive Nonprofit Program.<\/td>\nCFA charterholders eligible for course waiver. <\/td>\n<\/tr>\n
Rhode Island<\/td>\nGMAT\/GRE Not Required <\/td>\n Required to pass CFA Level II for waiver<\/td>\n<\/tr>\n
Darden<\/td>\nGMAT Not Required <\/td>\nnil<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

** Charterholders - For being a Charterholder, you must have at least four years of finance-related work experience.**<\/em><\/strong><\/p>\n

Apart from Top US Business schools, some Top Canadian B-Schools offer similar GMAT\/GRE exemptions for candidates enrolled in a CFA program, aspiring to be admitted to MBA graduate programs. These include, <\/p>\n