FIMS recently changed its class average policies, which specify the range between which the average marks for courses at particular levels (1000, 2000, 3000) must fall. Previously, these policies applied to all courses. Now they apply only to required MIT courses.
The MIT program now has the following class average policy:
- All 1000-level MIT required courses (i.e., 1200, 1500, 1700) will have a class average of between 67 and 72%.
- All 2000-level MIT required courses (i.e. 2000, 2100, 2200, 2500)will have a class average of between 70 and 75%.
- All 3000-level MIT required courses (i.e. 3000, 3100) will have a class average of between 72 and 77%.
- 4000-level MIT courses and courses with fewer than 20 enrolled students will be exempt from this grading policy.
- Elective courses have no class average requirement.
Removing the mandatory grade range from elective courses gives truly outstanding students an opportunity to excel in, and faculty greater freedom in the instruction of, such courses. At the same time, FIMS remains committed to rigorous academic standards, and to grading practices that give high marks only for high quality work. To this end, FIMS undergraduate instructors mark according to the
Guidelines to the MIT Grade Range, using the full range of marks available. Please consult these Guidelines to see the standards work is expected to meet.