diff --git a/python_modules/dagster/dagster/_core/definitions/auto_materialize_policy.py b/python_modules/dagster/dagster/_core/definitions/auto_materialize_policy.py
index eb5fd2e7d758..0b0246c1b6e9 100644
--- a/python_modules/dagster/dagster/_core/definitions/auto_materialize_policy.py
+++ b/python_modules/dagster/dagster/_core/definitions/auto_materialize_policy.py
@@ -176,15 +176,21 @@ def skip_rules(self) -> AbstractSet["AutoMaterializeRule"]:
 
     @staticmethod
     def from_asset_condition(asset_condition: SchedulingCondition) -> "AutoMaterializePolicy":
+        return AutoMaterializePolicy.from_scheduling_condition(asset_condition)
+
+    @staticmethod
+    def from_scheduling_condition(
+        scheduling_condition: SchedulingCondition,
+    ) -> "AutoMaterializePolicy":
         """Constructs an AutoMaterializePolicy which will materialize an asset partition whenever
-        the provided asset_condition evaluates to True.
+        the provided scheduling_condition evaluates to True.
 
         Args:
-            asset_condition (AssetCondition): The condition which determines whether an asset
+            scheduling_condition (SchedulingCondition): The condition which determines whether an asset
                 partition should be materialized.
         """
         return AutoMaterializePolicy(
-            rules=set(), max_materializations_per_minute=None, asset_condition=asset_condition
+            rules=set(), max_materializations_per_minute=None, asset_condition=scheduling_condition
         )
 
     @public
diff --git a/python_modules/dagster/dagster/_core/definitions/declarative_scheduling/scheduling_condition.py b/python_modules/dagster/dagster/_core/definitions/declarative_scheduling/scheduling_condition.py
index d037787ab33c..ea4f09d70c7a 100644
--- a/python_modules/dagster/dagster/_core/definitions/declarative_scheduling/scheduling_condition.py
+++ b/python_modules/dagster/dagster/_core/definitions/declarative_scheduling/scheduling_condition.py
@@ -18,6 +18,8 @@
 from dagster._utils.security import non_secure_md5_hash_str
 
 if TYPE_CHECKING:
+    from dagster._core.definitions.auto_materialize_policy import AutoMaterializePolicy
+
     from .operands import (
         FailedSchedulingCondition,
         InLatestTimeWindowCondition,
@@ -62,6 +64,12 @@ def get_unique_id(self, *, parent_unique_id: Optional[str], index: Optional[int]
         parts = [str(parent_unique_id), str(index), self.__class__.__name__, self.description]
         return non_secure_md5_hash_str("".join(parts).encode())
 
+    def as_auto_materialize_policy(self) -> "AutoMaterializePolicy":
+        """Returns an AutoMaterializePolicy which contains this condition."""
+        from dagster._core.definitions.auto_materialize_policy import AutoMaterializePolicy
+
+        return AutoMaterializePolicy.from_scheduling_condition(self)
+
     @abstractmethod
     def evaluate(self, context: "SchedulingContext") -> "SchedulingResult":
         raise NotImplementedError()
diff --git a/python_modules/dagster/dagster_tests/definitions_tests/auto_materialize_tests/asset_condition_tests/test_auto_materialize_policy_conversion.py b/python_modules/dagster/dagster_tests/definitions_tests/auto_materialize_tests/asset_condition_tests/test_auto_materialize_policy_conversion.py
new file mode 100644
index 000000000000..cd8606d7c855
--- /dev/null
+++ b/python_modules/dagster/dagster_tests/definitions_tests/auto_materialize_tests/asset_condition_tests/test_auto_materialize_policy_conversion.py
@@ -0,0 +1,32 @@
+import dagster._check as check
+from dagster import (
+    AutoMaterializePolicy,
+    Definitions,
+    SchedulingCondition,
+    asset,
+    deserialize_value,
+    serialize_value,
+)
+
+
+def test_round_trip_conversion() -> None:
+    policy = SchedulingCondition.eager_with_rate_limit().as_auto_materialize_policy()
+    serialized_policy = serialize_value(policy)
+    deserialized_policy = deserialize_value(serialized_policy, AutoMaterializePolicy)
+    assert policy == deserialized_policy
+    assert deserialized_policy.asset_condition == SchedulingCondition.eager_with_rate_limit()
+
+
+def test_defs() -> None:
+    @asset(
+        auto_materialize_policy=SchedulingCondition.eager_with_rate_limit().as_auto_materialize_policy()
+    )
+    def my_asset() -> None: ...
+
+    defs = Definitions(assets=[my_asset])
+
+    asset_graph_amp = defs.get_asset_graph().get(my_asset.key).auto_materialize_policy
+    assert (
+        check.not_none(asset_graph_amp).to_scheduling_condition()
+        == SchedulingCondition.eager_with_rate_limit()
+    )