The Exemption by Examination test is intended for students who do not have the required academic background but who believe they have the necessary knowledge for a co-requisite or prerequisite to a program offered through Career and Professional Development (CPD).

Exemption by Examination tests are for Career and Professional Development students only. Tests are optional and are not applicable to required or complementary course(s) within a program.

There are no re-reads or reassessment, and a candidate cannot review the written test.

Students who fail the Exemption by Examination test will not be permitted to retake the test. Instead, they must enroll in the course for which the particular test was taken.


This Exemption by Examination test applies to the following programs:

  • Diploma in Accounting
  • Diploma in Applied Finance

Topics Covered

Book Title: Applied Management Statistics, Custom Edition
Publisher: Nelson Education Custom Publishing
ISBN: 9780176598167

Available from McGill Bookstore


  • Discrete and Continuous Probability Distributions
  • Sampling Distributions
  • Estimating Single Population Parameters
  • Hypothesis Testing
  • Estimation and Hypothesis Testing  for Two Population Parameters
  • Estimation and Hypothesis Testing  for Population Variances
  • Analysis of Variance
  • Test of Independence and Goodness-of-Fit
  • Linear Regression
  • Multiple Regression
  • Building Multiple Regression Models
  • Time-Series Forecasting
  • Index Numbers


The results of the test are valid for one year.

The School reserves the right to re-schedule test dates.

Prerequisite(s) and Corequisite(s)

  • You must have applied and/or been admitted to a CPD program
  • Students are not eligible to take the Exemption by Examination test if they are registered, did not receive a passing grade, or have already attempted the course (a grade of W is considered as having attempted the course). In this case students are required to take the course
  • Students are not eligible to write an Exemption by Examination test for a course that has been assigned as a "Qualifying Course"

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