Unit-Based System: Waterloo measures transfer credits in units (0.5 units = one Waterloo course). Credits and caps differ by faculty; switching faculties can change or refuse credits.
Faculty Overrides: Engineering: no first-year IB exemptions • Math faculty: no CS/ITGS credit • Science: no HL Chemistry if CHEM 121 required
Official IB results must be sent to Waterloo (code 000108). Credits assessed after results arrive (August). You can decline credits.
Does University of Waterloo give transfer credit for IB Economics HL?
Waterloo, ON
Yes, Transfer Credit Available!
Minimum Grade Required
Credit Granted
ECON 1XX (0.5 units) — Elective credit
Elective Credit (1XX): This is a generic first-year elective credit, not a specific required course. It counts toward your degree credit total but may not replace a mandatory prerequisite for your program.
Faculty of Engineering: Engineering does NOT grant any IB transfer credit exemptions, regardless of score. If you are in Engineering, this credit does not apply to you.
Your Potential Savings
Waterloo Units Earned
0.5
0.5 units = one Waterloo course
Engineering students: Faculty of Engineering does not grant IB transfer credit, so your savings would be $0.
Domestic
~$400-$550/course
~$0-$550
Est. Savings (Eng: $0)
International
~$1,800-$2,800/course
~$0-$2,800
Est. Savings (Eng: $0)
*$0 reflects Faculty of Engineering (no IB exemptions). Upper range reflects non-Engineering faculties. Verify with Waterloo's official sources before making decisions.
📊 Compare Economics HL at Other Universities
See how Economics HL transfer credits compare across Canadian universities. Click column headers to sort.
| University | Min Grade | Credit Granted | Est. Savings | ||
|---|---|---|---|---|---|
| McGill UniversityMontreal, QC | 5/7 | ECON 1XX (6 credits) | $2,520 | → | |
| Dalhousie UniversityHalifax, NS | 5/7 | Economics 1101.03 + Economics 1102.03 = 6 credit h… | $2,052 | → | |
| Simon Fraser UniversityBurnaby, BC | 5/7 | SFU ECON 103 (4), Q/B-Soc; SFU ECON 105 (4), Q/B-S… | $1,864 | → | |
| University of SaskatchewanSaskatoon, SK | 5/7 | ECON 111.3 + ECON 114.3 = 6 credit units | $1,554 | → | |
| York UniversityToronto, ON | 5/7 | AP/ECON 1000 3.0 + AP/ECON 1010 3.0 (6 credits) | $1,458 | → | |
| Western UniversityLondon, ON | 5/7 | Economics 1021A + 1022B (1.0 credit) | $1,440 | → | |
| Queen's UniversityKingston, ON | 5/7 | ECON 110 (6.0 units) | $1,398 | → | |
| Carleton UniversityOttawa, ON | 5/7 | ECON 1001 + ECON 1002 (1.0 credit) | $1,365 | → | |
| University of OttawaOttawa, ON | 5/7 | ECO 1102 + ECO 1104 (6 units) | $1,320 | → | |
| University of AlbertaEdmonton, AB | 6/7 | ECON 101 (3 units) + ECON 102 (3 units) | $1,302 | → | |
| University of British ColumbiaVancouver, BC | 5/7 | ECON_V 1st-year level (6 credits) | $1,242 | → | |
| McMaster UniversityHamilton, ON | 5/7 | ECON 1B03 + ECON 1BB3 (up to 6 units) | $1,200 | → | |
| University of CalgaryCalgary, Alberta | 5/7 | ECON 201 and ECON 203 | $1,194 | → | |
| University of GuelphGuelph, ON | 5/7 | ECON 1050 (0.50 credits) | $720 | → | |
| University of TorontoToronto, ON | 5/7 | ECO1**Y (1.0 credit) | $659 | → | |
| University of VictoriaVictoria, BC | 4/7 | ECON 103 (1.5 units) and ECON 104 (1.5 units) | $555 | → |
Tip: Different provinces have different tuition rates. Use these comparisons to find the best value for your residency status.
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Data Disclaimer
This information is compiled from University of Waterloo official sources and verified community reports. It is NOT a substitute for official academic advising. Always confirm with your advisor before making decisions.
Last updated: February 2026
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