diff --git a/src/libraries/System.Management/tests/System.Management.Tests.csproj b/src/libraries/System.Management/tests/System.Management.Tests.csproj
index ad44bb1733676b..178ea7d9779a3b 100644
--- a/src/libraries/System.Management/tests/System.Management.Tests.csproj
+++ b/src/libraries/System.Management/tests/System.Management.Tests.csproj
@@ -29,4 +29,12 @@
   <ItemGroup Condition="'$(TargetFrameworkIdentifier)' == '.NETFramework'">
     <Reference Include="System.Management" />
   </ItemGroup>
+  <ItemGroup Condition="'$(TargetFrameworkIdentifier)' != '.NETFramework'">
+    <!-- The shared framework's BinaryFormatter always throws, so reference the `NetCoreAppMinimum` build which
+         still has a functional implementation. Private="true" is required because eng/references.targets defaults
+         shared framework project references to Private="false", which would keep it out of the output directory. -->
+    <ProjectReference Include="$(LibrariesProjectRoot)System.Runtime.Serialization.Formatters\src\System.Runtime.Serialization.Formatters.csproj"
+                      Private="true"
+                      SetTargetFramework="TargetFramework=$(NetCoreAppMinimum)" />
+  </ItemGroup>
 </Project>
\ No newline at end of file
diff --git a/src/libraries/System.Management/tests/System/Management/ManagementObjectTests.cs b/src/libraries/System.Management/tests/System/Management/ManagementObjectTests.cs
index 490d31fd303943..666c190ed5b890 100644
--- a/src/libraries/System.Management/tests/System/Management/ManagementObjectTests.cs
+++ b/src/libraries/System.Management/tests/System/Management/ManagementObjectTests.cs
@@ -13,6 +13,8 @@ namespace System.Management.Tests
 {
     public class ManagementObjectTests
     {
+        private static bool IsWmiAndBinaryFormatterSupported => WmiTestHelper.IsWmiSupported && PlatformDetection.IsBinaryFormatterSupported;
+
         [ConditionalFact(typeof(PlatformDetection), nameof(PlatformDetection.IsWindowsNanoServer))]
         public void PlatformNotSupportedException_On_Nano()
         {
@@ -103,7 +105,7 @@ public void Invoke_Instance_And_Static_Method_Win32_Process()
             }, maxAttempts: 10, retryWhen: e => e is XunitException);
         }
 
-        [ConditionalFact(typeof(WmiTestHelper), nameof(WmiTestHelper.IsWmiSupported))]
+        [ConditionalFact(typeof(ManagementObjectTests), nameof(IsWmiAndBinaryFormatterSupported))]
         [ActiveIssue("https://github.com/dotnet/runtime/issues/34689", TestPlatforms.Windows, TargetFrameworkMonikers.Netcoreapp, TestRuntimes.Mono)]
         [OuterLoop]
 #if NET