The European Credit Transfer and Accummulation System (ECTS) was developed by the European Commission. One of the objectives of the implementation of this system is to provide common procedures to guarantee academic recognition of studies abroad. Measuring and comparing learning achievements and transferring them among institutions is enabled by the ECTS system.
The ECTS system is based on the mutual trust and confidence among the participating higher education institutions.
ECTS credits are a value allocated to course units to describe the student workload required to complete them. The amount and quality of work required in each course is reflected in relation to the total quality of work required to complete a full year of academic study at the institution; lectures, practical work, seminars, private work (in the library and at home), examinations and other practical activities are counted as a student workload. ECTS express the relative value of each course.
In 2009 Vysoká škola ekonomická v Praze/University of Economics, Prague (VŠE) was among the institutions which were selected by the European Commission to be awarded the ECTS and DS Labels (valid until 2013). More about ECTS and DS at VŠE.
30 ECTS credits per semester (4-6 courses) are considered to be the regular workload for an exchange student. However, the schedule of each student should be discusses with the home institution prior to the student’s departure. The home institution is to decide which courses are applicable to the student’s programme and to consider the number of courses representing a full semester.