Records of academic performance for individual students are maintained in the Undergraduate Office. Students should consult their records from time to time to attest to their accuracy.

Academic performance is normally measured by grade point average attained during the academic year.

Determination of each student's academic performance will normally occur after the end of the regular academic year based on work during that year. However, no student will be classified as marginal or unsatisfactory on the basis of fewer than 15 attempted since initial enrolment in the Faculty or since the last year-end evaluation of performance. A student whose academic performance evaluation is deferred under the terms of this provision may be evaluated at either or both of the following mid-year and year-end times, with appropriate classification and possible action as follows.

Promotion of the student from year to year depends on satisfactory academic performance.

Satisfactory standing: A grade point average of 2.0 or more.

Marginal standing: A grade point average of less than 2.0 but not less than 1.7. The student is on academic warning.

Unsatisfactory standing: A grade point average of less than 1.7. In such cases, the student must withdraw from the Faculty.

Students whose performance has once been classified as either marginal or unsatisfactory must in all subsequent years in the degree program demonstrate satisfactory performance.

First-Class Standing is awarded to each student who achieves a grade point average of at least 3.5 on 27 or more of academic study during a Fall/Winter.

The notation “With Distinction” is inscribed on the permanent record and graduate parchment if the candidate has obtained a grade point average of 3.5 or higher, normally averaged over the last 60 of the program.

The Dean's List commends the superior academic performance of each student who has completed 30 during the Fall/Winter with a grade point average of 3.7 or more.

Graduation

Reexaminations: Reexaminations are not normally permitted in the Faculty of Business except in circumstances that would justify the granting of a deferred examination. Students wishing to be considered for a reexamination in a course in the Faculty of Business must, in addition to meeting the requirements set out in §23.5.5, also meet the following conditions: