business administation

INSTITUTE OF ECONOMY AND TRADE
TAJIK STATE UNIVERSITY OF COMMERCE
FACULTY OF ECONOMY AND INNOVATION
TECHNOLOGIES
WORLD ECONOMY DEPARTMENT
SYLLABUS
(Teaching academic program)
ECONOMIC ANALYSIS
For students of specialty: 25010300 – “World economy”
Khujand -2021
2
3
4
SYLLABUS
А Course title: Economic analysis
Language of instruction:
English
Course Type (underline):
Mandatory
Elective
4 Year of Study
The form of final control:
Number of credits
Examination
4
The year and the semester of study:
Years: 2021-2022
Semester: 7
Time schedule of classes
Day
Time
__ : __
__ : __
__ : __
B
1.1.
2.1.
2.2.
2.3.
2.4.
2.5.
2.6.
Lecture
room
Form of the
classes
Location
Lecture
Practice
Building №1; 1st floor
(except laboratory or other special classes)
IWSI
Building №1; 1st floor
(place of laboratory or other special classes will
be announced previously)
Educational and methodical materials on course
1. Bills and Regulations
Annual address of the President of the Republic of Tajikistan Emomali Rahmon
to the Majlisi Oli of the Republic of Tajikistan, 26.12.2019 (www.prezident.tj).
2. Basic literature
5
Экономический
анализ: учебное пособие / Л. Е. Красильникова, Э. Г.
Сысуева, М. С. Фаренюк; М-во с.-х. РФ, федеральное гос. бюджетное
образов.учреждение высшего образования «Пермская гос. с.-х. акад. им.
акад. Д.Н. Прянишникова», фак. экон. фин. и коммерции; каф. фин.,
кредита и экон. анализа. – Пермь : ИПЦ «Прокростъ», 2016. – 257 с.
6
Экономический
анализ: учебное пособие. В 2 ч. / Б.И. Герасимов, Т.М.
Коновалова, С.П. Спиридонов. – 2-е изд., стер. – Тамбов: Изд-во Тамб. гос.
техн. ун-та, 2006. – Ч. 1. – 64 с.
Савицкая Г.В. Экономический анализ: учебник / Г.В. Савицкая. — 11-е изд.,
испр. и доп. — М. : Новое издание, 2005. — 651 с.
7 Алексеева, Ю.В. Васильев, А.В. Малеева, Л.И. Ушвицкий. Комплексный
А.И.
экономический анализ хозяйственной деятельности: учебник / А.И.
Алексеева. 2006 —672 c.
Савицкая Г.В. Экономический анализ: учебник / Г.В. Савицкая. — 14-е изд.,
перераб. и доп. — М. : ИНФРА-М, 2017. — 649 с.
8
Шадрина,
Г. В. Экономический анализ: учебник и практикум для
академического бакалавриата / Г. В. Шадрина. — М. : Издательство Юрайт,
2017. — 515 с.
3. Additional literature
5
3.1.Introduction to Economic analyses”. R. Preston McAfee. California, USA, 2006.
“Business cycles and financial crises”. A.W. Mulleneux. London, 2011.
3.2.Гальчина О.Н. «Теория экономического анализа». Воронеж, 2003.
3.3.SEEP Networks – 2003 «Анализ деятельности микрофинансовых организаций».
3.4.Герасимов Б.И. «Введение в экономический анализ». Тамбов, 2003.
6
C. Purpose, prerequisites and results of study of course
1.
Course Title
Economic analysis
2.
3.
Course level
Number of
credits
Coordinator
Purpose of the
course
4
5
4.
5.
6.
Course
Objectives
7.
Prerequisites:
8.
Learning
outcomes
Kalonova A.A.
The main purpose of studying this discipline is to form
students ' analytical and creative thinking by mastering the
theory, methodological principles and acquiring practical skills
in analyzing economic activity, which are necessary in
practical work.
 introduction to the theoretical foundations of economic
analysis
 study of indicators that characterize various aspects of
the organization's activities;
 study of approaches assessing the effectiveness of
economic activities of an organization;
 analyses of company's financial results;
 analyses of financial stability of the company.
Study of the course bases on knowledge of the following
subjects:
higher
mathematics,
economic
theory,
microeconomics, macroeconomics, statistics, enterprise
economics.
Remember:
 fundamentals of calculation and analysis of a modern
system of indicators that characterize the activities of
economic entities at the micro and macro levels;
 study the information on the received task, collect and
analyze data necessary to solve the set economic tasks;
 analyze the results of calculations and justify the
conclusions;
 present the results of analytical work in the form of an
analytical report.
Understand:
 identify economic problems when analyzing specific
situations and suggest ways to solve them, taking into
account the criteria of socio-economic efficiency;
 analyze and interpret financial, accounting and other
information contained in the company's reports and use
this information to make management decisions.
7
9.
Methods of
teaching
Apply:
 modern methods of collecting, processing and analyzing
economic data;
 methods and techniques for analyzing economic
phenomena and processes;
 methodology for calculating indicators that characterize
the activity of economic entities.
The course is designed for 6 credits of the ESTS / 9 hours per
one week. In particular:
 Theoretical classes (lecture) -1.5 hours;
 Practical classes-1.5 hours;
 IWSI - 2 hour;
 IWSI - 4 hours.
Contact hour classes are controlled by academic hours and will
be conducted as direct training using active and interactive
methods.
Preparation for the Final and Midterm exams. Assessment of
students' knowledge is carried out during 2 Midterm controls
and Final exam in the form of solving tests, written answers to
theoretical questions and solving problems.
IWS assumes that students individually complete tasks for self-
study in the library or outside.
Rules of participation of students in classes:
1. Don't be late or miss classes without a valid reason. Missed classes
should be promptly worked out (within 3 weeks from the absence date).
2. To be active in timely performance of tasks (project work, writing
abstracts, essays, group project work, etc.).
3. To have all required educational accessories to participate in lesson.
4. To attend classes in the recommended clothes.
5. Don't use the cellphone during a class.
6. Students which are not attending courses, not depending of any
reasons, will not receive scores.
Forms and types of control
Assessment of students' knowledge is based on score-ranking
assessment system. Assessment of mastering of the weekly module topics
8
will be carried out during the IWSI classes. Score-ranking assessment
system based on results:
 Reward scores;
 Mid-term exam scores.
Reward scores can be obtained for performance IWS tasks,
implementation of projects, writing essay and etc.
After completion of the course, students will take a Final exam.
D. Distribution of credits and course organization
D.1. Distribution of credits/hours for the semester
Lecture Practice
Semester Credits
IWSI IWS
(L)
(P)
7
Total
6
6
24
24
24
24
9
32
32
48
48
Midterm
control
Final
exam
2
2
1
1
D.2 Thematic plan of the course
Lecture
Practice
IWSI
IWS
TOPICS
Total hours
№
Including
9
2
1
2
4
9
1
2
2
4
2.
Subject, tasks, contents and types of economic
analysis
Methods and methodology of economic analysis
3.
Methods of deterministic factor analysis
9
1
2
2
4
4.
Analysis of labor resources of the enterprise
9
2
1
2
4
9
1
2
2
4
9
2
1
2
4
1.
5.
6.
Analysis of the composition, movement and
efficiency of use of fixed assets
Analysis and management of production and sales
volume
7.
Analysis in the marketing system
9
1
2
2
4
8.
Analysis and management of costs and production
costs
9
2
1
2
4
72
12
12
16
32
Midterm control № 1
Total in 1st part
9.
Analysis of the company's financial results
9
1
2
2
4
10.
Analysis of sources of capital formation
9
2
1
2
4
9
1
2
2
4
9
2
1
2
4
12.
Analysis of the efficiency and intensity of the
company's capital use
Analysis of the effectiveness of investment activities
13.
Analysis of the company's cash flows
9
1
2
2
4
14.
Analysis of the financial stability of the enterprise
9
2
1
2
4
15.
Analysis of the company's solvency and liquidity
9
1
2
2
4
16.
Diagnostics of the probability of bankruptcy of a
business entity
9
2
1
2
4
Total in 2nd part
72
12
12
16
32
Total for the semester
144
24
24
32
64
11.
Midterm control № 2
Е. Structure of lessons
10
1
Topic: Subject, tasks, contents and types of economic
analysis
1.1.
Lecture topic: Subject, tasks, contents and types of
economic analysis.
Summary: Definition of the subject of economic analysis.
Objectives of the economic analysis.
1.2.
Practice topic: Types of economic analysis.
Summary: Classification of economic
management subjects and studying objects.
2
2.1.
Topic: Methods and methodology of economic analysis
Lecture topic: Methods of economic analysis.
Summary: Methods of economic analysis and its
characteristics. Consistency and complexity in economic
analysis.
11
Pages
Liter
2.1
17
2
2.2
6
4
2.2
15
Pages
Lecture
Practice
1
Liter
Content of topics
8
11
IWSI
IWSI topic: The role of economic analysis in the
development of management decisions.
Summary: The role of economic analysis in the development
and adoption of management decisions, its place in the
management process.
Checkup the knowledge of students and the performance of
tasks on topics questions. Solving the tests on the topic.
Tasks for IWS:
1. Completing glossary on current topic.
2.Writing a paper on “ Principles of economic analysis”.
2.1
2.2
Hours
№
by
2
IWS
1.4.
Total hours 6
Lessons
1.3.
analysis
Hours
Lessons
Content of topics
Total hours 6
Lecture
№
1
2.2
2.1
17
23
3
Topic: Methods of deterministic factor analysis
3.1.
Lecture topic: Methods of deterministic factor analysis
Summary: Methods of deterministic factor analysis:
methods of chain substitution, relative differences, absolute
differences and integral.
3.2.
Practice topic: Types of methods deterministic factor
analysis.
Summary: Solving the tasks on methods of chain
substitution, relative differences, absolute differences and
integral.
3.3.
IWSI topic: Integral method.
Summary: Features of integral method. Solving the tasks on
integral method.
3.4.
Tasks for IWS:
1. Completing glossary on current topic.
2. Making nouts on topic “Methods of deterministic
factor analysis”
12
IWS
4
2.1
43
Liter
Pages
22
Hours
Practice
IWSI
2.2
Lessons
Content of topics
1
Total hours 6
Lecture
№
18
1
2.2
Practice
2.4.
Tasks for IWS:
1. Completing glossary on current topic.
2. Writing a paper on
“Methods of identification and
calculation of reserves in the analysis of economic activity
of enterprises”.
2.2
2
2.2
17
IWSI
2.3.
IWSI topic: Classification of methodological techniques.
Summary: Classification of methodological techniques and
methods of analysis. Solving the tests.
2
1
2.2
19
IWS
2.2.
Practice topic: The concept of methodology of economic
analysis.
Summary: The concept of methodology of economic
analysis, its features and relationship with the method. The
system of indicators as part of the methodology of economic
analysis. Solution the tasks on methods of economic
analysis.
.
4
2.2
17
17
5
5.1.
5.2.
5.3.
Topic: Analysis of the composition, movement and
efficiency of use of fixed assets
Lecture topic: Analysis of the composition, movement and
efficiency of use of fixed assets.
Summary: Analysis of the composition and movement of
fixed assets. Analysis of the use of fixed assets.
Practice topic: Analysis of efficiency of fixed assets use.
Summary: Effectiveness of fixed assets. Performance
indicators for the use of fixed assets. Factor analysis of the
return on assets. Solving the tasks on effective use of fixed
assets.
IWSI topic: Analysis of the company's fixed assets
provision.
Summary: Indicators of the level of provision of the
enterprise with the main production funds. Solving tests on
the topic.
13
Pages
Liter
Hours
Lessons
22
1
2.2
24
4
2.2
20
Pages
2.2
Liter
Content of topics
1
Hours
№
Lecture
4.4.
Tasks for IWS:
1. Completing glossary on current topic.
2. Making a crossword in current topic.
81
20
Practice
4.3.
IWSI topic: Analysis of salary fund
Summary: Analysis of salary fund. Factors affecting the
salary fund. Solving the tests and tasks on topic.
2.1
2.2
IWSI
4.2.
Practice topic: Analysis of the working time fund.
Summary: Indicators of the working time balance. Solving
the tasks on working time fund and labor productivity.
2
IWS
4.1.
Lecture topic: Analysis of labor resources of the enterprise.
Summary: Tasks of analysis and sources of information.
Analysis of the company's labor resources provision.
Analysis of labor productivity.
Total hours 6
Lessons
Topic: Analysis of labor resources of the enterprise
Total hours 6
Lecture
4
1
2.1
2.2
64
25
Practice
Content of topics
2
2.1
2.2
67
27
IWSI
№
1
2.2
27
6.4.
Tasks for IWS:
Writing an essay on topic “Management of production and
sales volume”
№
7
Content of topics
Topic: Analysis in the marketing system
14
Pages
Liter
Hours
IWS
Lessons
116
2
2.1
118
1
2.1
133
4
2.1
116
Pages
6.3.
IWSI topic: Break-even analysis and estimation of
financial safety margin.
Summary: Solving the tests.
2.1
Liter
6.2.
Practice topic: Methodology for analyzing production and
sales volume.
Summary: The main indicators of production volume.
Solving the tasks on quantitative indicators of the
production program, production capacity and sales volume.
1
Hours
6.1.
Lecture topic: Analysis and management of production
and sales volume.
Summary: Purpose and objectives of production and sales
volume analysis. Information support.
Total hours 6
Lecture
Topic: Analysis and management of production and sales
volume
68
Practice
6
2.1
IWSI
Content of topics
4
IWS
№
Lessons
5.4.
Tasks for IWS:
1. Completing glossary on current topic.
2. Making nouts on topic “Main factors affecting the
efficiency of fixed assets use”.
Total hours 6
8
8.1.
8.2.
8.3.
8.4.
Topic: Analysis and management of costs and production
costs
Lecture topic: Analysis and management of costs and
production costs
Summary: Basic concepts of costs and production costs.
Goals and objectives of their analysis.
Practice topic: Methods for analyzing the cost of
production.
Summary: Analysis of the cost structure. Analysis of the
dynamics and implementation of the plan by structure.
Solving the tasks on current topic.
IWSI topic: Analysis of shop and general economic
expenses.
Summary: Factors of changes in general production and
general economic expenses. Solving the tasks on current
topic.
Tasks for IWS:
Solving task № 1: Execution of the cost plan, task № 2:
Estimation of cost dynamics.
15
IWSI
1
2.1
112
IWS
4
2.1
110
Liter
Pages
Lecture
Practice
110
Hours
Content of topics
2.1
Lessons
№
2
Total hours 6
Lecture
7.4.
107
1
2.1
146
Practice
7.3.
IWSI topic: Indicators of effectiveness of marketing
activities.
Summary:
Teamwork to complete tasks. Solution of
problems on marketing activities. Solving the tests.
Tasks for IWS:
1. Making a crossword in current topic.
2. Writing a paper on topic “Sales strategy and methods of
its analysis”.
2.1
2
2.1
151
IWSI
7.2.
Practice topic: Methods of marketing research.
Summary: General characteristics of marketing research
methods. Solving the tasks on marketing research.
1
1
2.1
161
IWS
7.1.
Lecture topic: Analysis in the marketing system.
Summary: Basic concepts of marketing analysis. The
purpose of marketing analysis.
4
2.1
167
10
Topic: Analysis of sources of capital formation
Lecture topic: Analysis of sources of capital formation.
10.1. Summary: Importance, tasks and information support of
sources of capital formation. Contents of the balance sheet.
Practice topic: Analysis of sources of enterprise capital
formation.
10.2. Summary: Analysis of the dynamics and structure of capital
sources. Analysis of the structure of debt capital. Solving the
tasks on current topic.
16
Pages
Liter
Hours
Lessons
276
1
2.3
280
4
2.3
272
Pages
Content of topics
2.3
260
Liter
№
1
Hours
9.4.
Lecture
9.3.
2.3
Practice
9.2.
Practice topic: Analysis of the company's income and
expenditure.
Summary: Income and expenditure of the company. Income
from investment and financial activities. Solving the tasks
on current topic.
IWSI topic: Analysis of the company's profitability
indicators.
Summary: Profitability indicators. The order of their
calculation. Solving the tasks on current topic.
Tasks for IWS:
1. Completing glossary on current topic.
2. Writing an essay on topic “Assortment policy and its
impact on profit formation”.
2
IWSI
9.1.
Lecture topic: Analysis of the company's financial results.
Summary: Analysis of the company's financial results. Task
and analysis of financial results. Analysis of the composition
and dynamics of the company's profit.
Total hours 6
IWS
Topic: Analysis of the company's financial results
Lessons
9
Total hours 6
Lecture
Content of topics
2
2.3
415
Practice
№
1
2.3
432
12
Content of topics
Topic: Analysis of the effectiveness of investment
activities
Lecture topic: Analysis of the effectiveness of investment
activities.
12.1.
Summary: Analysis of the volume of investment activity.
Evaluation of the effectiveness of real investments.
17
Pages
Liter
Hours
IWSI
IWS
Lessons
2.3
506
2
2.3
512
2
2.3
522
4
2.3
506
Pages
№
1
Liter
Tasks for IWS:
11.4. 1. Completing glossary on current topic.
2. Making crossword on current topic.
Total hours 6
Hours
IWSI topic: Analysis of the return on equity capital.
11.3. Summary: Analysis of the return on equity. Solving the
tasks on current topic.
451
Lecture
Practice topic: Analysis of the return on capital.
Summary: Factor analysis of the return on operating capital.
11.2. Analysis of the return on total capital. Evaluating the
effectiveness of using borrowed capital. The effect of
financial leverage. Solving the tasks on current topic.
2.3
Practice
Lecture topic: Analysis of the efficiency and intensity of the
company's capital use.
11.1.
Summary: Indicators of the efficiency and intensity of the
company's capital use.
4
IWSI
Topic: Analysis of the efficiency and intensity of the
company's capital use
445
IWS
11
Content of topics
2.3
Lessons
№
1
Total hours 6
Lecture
IWSI topic: Methodology for estimating the cost of capital
of an enterprise and optimizing its structure.
10.3.
Summary:
Checkup the knowledge of students and the
performance of tasks on the topic.
Tasks for IWS:
10.4. Solving the task № 1: Make a horizontal and vertical
analysis of the sources of capital formation.
2
2.3
365
Content of topics
14.
Topic: Analysis of the financial stability of the enterprise
Lecture topic: Analysis of the financial stability of the
enterprise.
Summary: The concept, meaning and tasks of analyzing the
14.1.
financial condition of an enterprise. Concept and meaning of
financial stability of the enterprise. Analysis of the financial
balance between assets and liabilities.
18
Pages
Liter
Hours
Practice
IWSI
IWS
Lessons
407
Total hours 6
1
2.3
480
2
2.3
495
1
2.3
502
4
2.3
480,
502
Pages
№
2.3
Liter
Tasks for IWS:
13.4. Writing an essay on “Cash flow analysis and ways to
optimize it”.
4
Hours
IWSI topic: Ways to optimize cash flows.
Summary: Сontrol questions and tasks on “Ways to
13.3.
optimize cash flows”.
394
Lecture
Practice topic: Cash flow balance analysis.
13.2. Summary: Cash flow intensity and efficiency analysis.
Solving the tasks on current topic.
2.3
Practice
Lecture topic: Analysis of the company's cash flows.
13.1. Summary: Economic essence of cash flow and its types.
Analysis of dynamics and factors of changes in cash flows.
1
IWSI
Topic: Analysis of the company's cash flows
371
IWS
13
Content of topics
2.3
Lessons
№
1
Total hours 6
Lecture
Practice topic: Forecast analysis of the effectiveness of real
investments.
12.2.
Summary: Analysis of the internal rate of return of
investment projects. Solving the tasks on current topic.
IWSI topic: Analysis of the effectiveness of financial
investments.
12.3. Summary: Analysis of the effectiveness of long-term
financial investments. Control questions and tasks on
current topic.
Tasks for IWS:
12.4. Writing an essay on topic “Analysis of the effectiveness of
leasing operations”.
2
2.3
543
Topic: Analysis of the company's solvency and liquidity
Lecture topic: Analysis of the company's solvency and
liquidity.
15.1.
Summary: The concept of solvency and liquidity of the
enterprise.
Practice topic: Balance sheet liquidity analysis.
15.2. Summary: Indicators of liquidity of the enterprise. Solving
the tasks on liquidity of the enterprise.
IWSI topic: Assessment of the company's solvency.
Summary: Teamwork to complete tasks. Consideration:
15.3.
Concept of solvency. Indicators of solvency.
Сontrol
questions and tasks on current topic.
Tasks for IWS:
Writing a report on “Analysis of the company's solvency
15.4.
and liquidity on the example of a specific organization”.
19
IWS
4
2.3
543
Liter
Pages
571
Hours
Practice
IWSI
2.3
Lessons
1
Total hours 6
Lecture
15
Content of topics
563
1
2.3
577
Practice
№
Writing a report on “Analysis of the financial stability of the
enterprise on the example of a specific organization”.
2.3
2
2.3
580
IWSI
14.4.
1
1
2.3
589
IWS
Practice topic: Assessment of own and borrowed
enterprise capital.
14.2. Summary: Sources of financing of non-current and current
assets. Procedure for determining the amount of own
working capital. Solving the tasks on current topic.
IWSI topic: Assessment of financial and non-financial
assets of enterprise.
14.3. Summary: The essence of financial and non-financial assets.
The method of application for assessing the financial
stability. Solution of problems on current topic.
4
2.3
577
Practice topic: Methods for diagnosing the probability of
bankruptcy.
Summary: Consederation of мethods for diagnosing the
16.2.
probability of bankruptcy. Solution of tasks on Altman
bankruptcy projection model (Z model) and Beaver model.
IWSI topic: Ways of financial recovery of business
entities.
16.3.
Summary: Teamwork to complete tasks. Solution of
problems on financial recovery of business entities.
Tasks for IWS:
16.4. Writing a report on “Diagnostics of the probability of
bankruptcy on the example of a specific organization”.
Pages
Liter
Hours
Lessons
Lecture
Lecture topic: Diagnostics of the probability of bankruptcy
of a business entity.
16.1.
Summary: The concept and types bankruptcy. Causes of
bankruptcy.
Total hours 6
2
2.3
615
Practice
Topic: Diagnostics of the probability of bankruptcy of a
business entity
1
2.3
618
IWSI
16
Content of topics
1
2.3
632
IWS
№
4
2.3
618
The Final examination
F. The assessment of students' knowledge
Lecturer will determine the actual knowledge of students based on
objective assessment. Therefore, the midterm and Final exams always are
open and it should be noted that not only other professors and instructors
of the department can observe examination process, as well as other
interested persons (parents, employers, etc.) are allowed to participate
exams. The Final exam will be organized by the Testing center of the
Institute (without participation of instructor of the course) in the presence
of a commission appointed by faculty administration. These methods of
20
organizing of Final exam provide transparency and impartiality of the
assessment of the students’ knowledge.
Student can appeal results of exam to the examination Commission
according to Provisions of the IET TSUC “On the procedure for
organization of Final exams”.
Forms and time of exams organization and scores distribution
Form of
control
Time of
control
Midterm #1
8 week
Midterm #2
16th week
Final exam
17-19th
weeks
th
Scores for the distribution
Up to 100 scores (75 scores for the
results of testing and other 25 as a
reward scores)
Up to 100 scores (75 scores for the
results of testing and other 25 as a
reward scores)
Up to 100 scores (results of testing)
Total for the semester:
%
25
25
50
100
During the Study students can get up to 25 reward scores per one Midterm
period (8 weeks) and these scores will be added to the result of midterm exams.
25 reward scores per one Midterm period distributed as follows:
5 of the 25 reward scores are for the active attendance on classes:
During a week there are 3 hours of Lecture/Practice classes and 3*8=24 hours in
one Midterm period. Students can be rewarded 5/24=0.208 score per each
attendance and 3*0.208=0.625 score per one week.
10 of the 25 reward scores are for the timely performance of IWS tasks:
During a week there are 2 tasks for IWS and 2*8=16 tasks in one Midterm period.
Students can be rewarded 10/16=0.625 score per each completed task and
0.625*2=1.25 score per one week.
10 of the 25 reward scores are for the diligence performance of students on
lecture and practical classes:
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During a Midterm period there are 24 hours of Lecture/Practice classes and
10/24=0.415 score per one hour. Students can be rewarded 3*0.415=1.25 score for
completed tasks per one week.
Thus, students per a week can get 0.625+1.25+1.25=3.125 as a reward score and
3.125*8=25 score one Midterm period.
The content of midterm exam 1 consists of 10 test questions (5 scores for each
correct answer) and 2 tasks (25 scores).
To pass the midterm exam 2, the student must prepare a small report with the
following content: information about the company (historical background) and
analysis of the company's performance (provide data in the form of a table) (75
scores).
Final exam will be organized according to the tests approved by Testing Center of
the IET TSUC.
The student's final grade is determined using the following formula:
Where:
M1 and M2 - results of first and second midterm examinations (%);
Fe - result of Final examination (%);
Ge - general estimation (%).
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Table of compliance of the ECTS grading scale with the assessment
system at IET TSUC:
ALPHABETIC
assessment
NUMERAL
ASSESMENT
ASSESMENT
IN POINTS
А
АB+
B
BC+
C
CD+
D
Fx
F
4,0
3,67
3,33
3,0
2,67
2,33
2,0
1,67
1,33
1,0
0
0
95≤ A≤100
90≤ A-<95
85≤B+<90
80≤B<85
75≤B-<80
70≤C+<75
65≤C<70
60≤C-<65
55≤D+<60
50≤D<55
45≤Fx<50
0≤ F<45
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TRADITIONAL
SYSTEM OF
ASSESMENT S
EXCELLENT
GOOD
SATISFACTORY
UNSATISFACTORY
24