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 respective 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 are responsible for vocational training in 32 European countries agreed to develop in the Maastricht Communiqué of 14 December 2004. |
