European Credit Transfer and Accumulation System (ECTS) is a standard for comparing the study attainment and performance of students of higher education across the European Union and other collaborating European countries. For successfully completed studies, ECTS credits are awarded. One academic year corresponds to 60 ECTS-credits that are equivalent to 1500–1800 hours of study in all countries irrespective of standard or qualification type and is used to facilitate transfer and progression throughout the Union.
The ECTS will be complemented by the European credit transfer system for vocational education and training (ECVET) which the ministers responsible for vocational training in 32 European countries agreed to develop in the Maastricht Communiqué of 14 December 2004.
ECTS also includes a standard ECTS grading scale, intended to be shown in addition to local (i.e. national) standard grades:
Read more about European Credit Transfer And Accumulation System: Current Systems, Obsolete Systems
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“When the inhabitants of some sequestered island first descry the big canoe of the European rolling through the blue waters towards their shores, they rush down to the beach in crowds, and with open arms stand ready to embrace the strangers. Fatal embrace! They fold to their bosoms the vipers whose sting is destined to poison all their joys; and the instinctive feeling of love within their breasts is soon converted into the bitterest hate.”
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