These conversion tables are based on the general conversion principles agreed upon by FEB (conversion based on information

on grade distribution at home institution and if possible host institution. ECTS-grade information and institutional grading systems). All the information provided in the conversion tables is
for information purposes only. Although every reasonable effort has been made to present current and accurate information, FEB cannot guarantee this. FEB reserves the right to change this information or make amendments in the conversion table at any time and without prior notice (this can be the case if grading
practice at or grading information provided by the partner changes). When a range of grades of the partner institution needs to be converted, FEB selects: the second highest grade with a range of four grades, the middle grade with a range of three grades, and the lower grade with a range of two grades.

7-Jun-18

credit system (local

EUROPE KU Leuven Grades 20 19 18 17 16 15 14 13 12 11 10 9 8 <8 credits/hours versus
ECTS)
ECTS A A A A B B C C D D E Fx Fx F
Austria
ECTS A A A A B B C C D/E D/E D/E F F F

Austria Karl Franzens Universität Graz 1 (Sehr gut) 1 1 1 2 (Gut) 2 (Befriedigend) 3 4 (Genügend) 4 4 5 5 5 ECTS
Austria Leopold Franzens Universität Innsbruck 1 (Sehr gut) 1 1 1 2 (Gut) 2 (Befriedigend) 3 4 (Genügend) 4 4 5 5 5 ECTS
Austria Die Unternehmerische Hochschule - MCI Management Center Innsbruck 1 (Sehr gut) 1 1 1 2 (Gut) 2 (Befriedigend) 3 4 (Genügend) 4 4 5 5 5 ECTS
Belgium
ECTS A A A A B B C C D/E D/E D/E FX/F FX/F F
Belgium ULB Solvay Brussels School of Economics and Management 20 19 18 17 16 15 14 13 12 11 10 9 8 <8 ECTS
Belgium Université Catholique de Louvain 20 19 18 17 16 15 14 13 12 11 10 9 8 <8 ECTS
Belgium Facultés Universitaires Saint Louis 20 19 18 17 16 15 14 13 12 11 10 9 8 <8 ECTS
Belgium Haute Ecole 'Groupe Ichec-ISC Sint-Louis -ISFSC 20 19 18 17 16 15 14 13 12 11 10 9 8 <8 ECTS
Belgium Université de Namur 20 19 18 17 16 15 14 13 12 11 10 9 8 <8 ECTS
Belgium Université de Liège 20 19 18 17 16 15 14 13 12 11 10 9 8 <8 ECTS
Bulgaria
ECTS A A A A B B C C D/E D/E D/E F F F
Bulgaria University of national and world economy. Sofia 6 6 6 6 5 5 4 4 3 3 3 2 2 2 ECTS
Croatia
ECTS A A A A B B C C D D E F F F
Croatia Zagreb School of Economics and Management 5 5 5 5 4 4 3 3 2 2 2 1 1 1 ECTS
Czech Republic
ECTS A A A A B B C C D D E FX/F FX/F F
Czech Republic Charles University A A A A B B C C D D E F F F ECTS
Czech Republic Czech Technical University in Prague A A A A B B C C D D E F F F ECTS
Czech Republic University of Economics Prague (Vysoká Skola ekonomická v Praze) 1 1 1 1 2 2 2 3 3 3 3 4 4 4 ECTS
Denmark
ECTS A A A A B B C C D D E FX FX F
Denmark Aarhus University 12 12 12 12 10 10 07 07 04 04 02 00 00 -3 ECTS
Denmark Copenhagen Business School 12 12 12 12 10 10 07 07 04 04 02 00 00 -3 ECTS
Denmark University of Copenhagen 12 12 12 12 10 10 07 07 04 04 02 00 00 -3 ECTS
Denmark University of Southern Denmark 12 12 12 12 10 10 07 07 04 04 02 00 00 -3 ECTS
Estonia
ECTS A A A A B B C C D D E F F F
Estonia University of Tartu 5 5 5 5 4 4 3 3 2 2 1 0 0 0 ECTS
Finland
ECTS A A A A B B C C D D E F F F
Finland Lappeenranta University of Technology 5 5 5 5 4 4 3 3 2 2 1 0 0 0 ECTS
Finland Abo Akademi 5 5 5 5 4 4 3 3 2 2 1 0 0 0 ECTS
Finland Hanken School of Economics 99-100 97-98 95-96 90-94 85-89 80-84 75-79 70-74 65-69 60-64 50-59 0-49 0-49 0-49 ECTS
France
ECTS A A A A B B C C D D E FX/F FX/F FX/F

France Audencia Business School 20 19 18 16-17 15 14 13 13 12 11 10 FX 9 FX 8 F <8 ECTS

France EDHEC Business School 20 19 17-18 15-16 14 13 12 12 11 11 10 F <10 F <10 F <10 ECTS
France Essec business school Paris 20 19 18 16-17 15 14 13 12 11 11 10 F <10 F <10 F <10 ECTS
France Université Catholique de Lille IESEG school of management 20 A 19 A 18 A 16-17 A 15-15.99 B 14-14.99 B 13-13.99C 12-12.99C 11.50-11.99 D 11-11.49 D 10-10.99 E F <10 F <10 F <10 ECTS
France Université des Sciences et Technologies de Lille 20 19 16-18 14.5-15 13.01-14.49 12.5-13 12-12.49 11-11.59 10.5-10.99 10.5-10.99 10-10.49 8-9.99 8-9.99 F <8 ECTS
France Université de Montpellier II 20 19 18 17 16 15 14 13 12 11 10 FX 9 FX 8 F <8 ECTS
France EM LYON Grande Ecole (EM Lyon Business School) 20 19 18 15-16-17 14.50-14.99 14.00-14.49 13 12 11.50-11.99 11.00-11.49 10 FX 9 FX 8 F <8 ECTS
France Université de Paris Sud (Paris XI) 20 19 18 17 16 15 14 13 12 11 10 F <10 F <10 F <10 ECTS
France Université de Rennes 20 19 18 16-17 15 14 13 12 11 11 10 FX 9 FX 8 F <8 ECTS
France Université de Poitiers 20 19 18 17 16 15 14 13 12 11 10 FX 9 FX 8 F <8 ECTS
France Université de Strasbourg (EM Strasbourg Business School) 20 19 18 17 16 15 14 13 12 11 10 FX 9 FX 8 F <8 ECTS
France Skema Business School Bachelor A A A B B C C C D D E F F F ECTS
France Skema Business School Master 20 19 18 16-17 14-15 14-15 13-13.99 12-12.99 11 11 10 FX 9 FX 8 F <8 ECTS
France Ecole Supérieure du Commerce Extérieur 20 19 18 17 16 15 14 13 12 11 10 FX 9 FX 8 F <8 ECTS
France Université Jean Moulin 20 19 18 17 16 15 14 13 12 11 10 FX 9 FX 8 F <8 ECTS
France Université Paris - Dauphine 20 18.5-19.9 17.5-18.4 16.5-17.4 15.5-16.4 14.5-15.4 13.5-14.4 12.5-13.4 11.5-12.4 10.5-11.4 10-10.4 FX 9 FX 8 F <8 ECTS
France Université Paris 1 Sorbonne Pantheon 20 19 18 17 16 15 14 13 12 11 10 FX 9 FX 8 F <8 ECTS
France Université Paris Descartes (Paris V) - Faculty of Law Economics Busine 20 19 18 16-17 15 14 13 12 11 11 10 FX 9 FX 8 F <8 ECTS
France Groupe Sup de Co Montpellier Business School A A A A B B C C D D E FX FX F ECTS
France Ecole de Management de Normandie (Normandy Business School) A 20 A 19 A 18 A 16-17 B 15 B 14 C 13 C 12 D 11 D 11 E 10 FX 9 FX 8 F <8 ECTS
France Ecole Supérieure de Commerce International Marne-La-Vallée 20 19 18 16-17 15 14 13 12 11 11 10 FX 9 FX 8 F <8 ECTS
France Kedge Business School A A A A B B C C D D E FX 9 FX 8 F <8 ECTS (deviates per course!)
France Université Toulouse 1 Sciences Sociales A A A A A B B C C D E FX 9 FX 8 F <8 ECTS
Germany
ECTS A A A A B B C C D D E FX/F FX/F F
Germany EBS Universität fur Wirtschaft und Recht 1.0-1.3 1.0-1.3 1.0-1.3 1.4-1.5 1.6-1.7 1.8-2.0 2.1-2.3 2.4-2.5 2.6-3.0 3.1-3.5 3.6-4.0 F >4 F >4 F >4 ECTS
Germany Johan Wolfgang Goethe Universität - Faculty of Business Administration 1.0-1.3 1.0-1.3 1.7 2.0 2.3 2.7 3.0 3.0 3.3 3.3 3.7-4.0 F >4 F >4 F >4 ECTS
Germany Rheinische Friedrich-Wilhelms-Universität 1.0-1.3 1.0-1.3 1.0-1.3 1.0-1.3 1.7-2.0 1.7-2.0 2.3-2.7 2.3-2.7 3.0-3.3 3.0-3.3 3.7-4.0 F >4 F >4 F >4 ECTS
Germany Humboldt Universität zu Berlin 1.0-1.3 1.0-1.3 1.0-1.3 1.0-1.3 1.7-2.0 1.7-2.0 2.3-2.7 2.3-2.7 3.0-3.3 3.0-3.3 3.7-4.0 F >4 F >4 F >4 ECTS
Germany Christian-Albrechts-Universität Zu Kiel 1.0-1.3 1.0-1.3 1.0-1.3 1.0-1.3 1.7-2.0 1.7-2.0 2.3-2.7 2.3-2.7 3.0-3.3 3.0-3.3 3.7-4.0 F >4 F >4 F >4 ECTS
Germany Technische Universität Kaiserslautern 1.0-1.3 1.0-1.3 1.0-1.3 1.0-1.3 1.7-2.0 1.7-2.0 2.3-2.7 2.3-2.7 3.0-3.3 3.0-3.3 3.7-4.0 F >4 F >4 F >4 ECTS
Germany Universität zu Köln 1.0-1.7 1.0-1.7 1.0-1.7 1.0-1.7 2.0-2.3 2.0-2.3 2.7-3.0 2.7-3.0 3.3-3.7 3.3-3.7 4 FX 4.7 FX 4.7 F 5 ECTS
Germany Universität Mannheim 1.0-1.5 1.0-1.5 1.0-1.5 1.0-1.5 1.6-2.0 1.6-2.0 2.1-3.0 2.1-3.0 3.1-3.5 3.1-3.5 3.6-4 F >4 F >4 F >4 ECTS
Germany Ludwig-Maximilians-Universität München (LMU) 1.0-1.3 1.0-1.3 1.0-1.3 1.0-1.3 1.7-2.0 1.7-2.0 2.3-2.7 2.3-2.7 3.0-3.3 3.0-3.3 3.7-4.0 F >4 F >4 F >4 ECTS
Germany Technische Universität München (TUM) 1.0-1.3 1.0-1.3 1.0-1.3 1.0-1.3 1.7-2.0 1.7-2.0 2.3-2.7 2.3-2.7 3.0-3.3 3.0-3.3 3.7-4.0 F >4 F >4 F >4 ECTS
Germany Universität Regensburg 1.0-1.3 1.0-1.3 1.0-1.3 1.0-1.3 1.7-2.3 1.7-2.3 2.7-3.3 2.7-3.3 3.7 3.7 4 4.3 4.3 4.7-5 ECTS
Germany Universität Hohenheim 1.0-1.3 1.0-1.3 1.0-1.3 1.0-1.3 1.7-2.0 1.7-2.0 2.3-2.7 2.3-2.7 3.0-3.3 3.0-3.3 3.7-4.0 F >4 F >4 F >4 ECTS
Germany Eberhard-Karls-Universität Tübingen 1.0-1.3 1.0-1.3 1.0-1.3 1.7 2 2.3 2.7 3.0 3.3 3.7 4 F >4 F >4 F >4 ECTS
Germany Bayerische Julius-Maximilians-Universität Würzburg 1.0-1.5 1.0-1.5 1.0-1.5 1.0-1.5 1.6-2.0 1.6-2.0 2.1-3.0 2.1-3.0 3.1-3.5 3.1-3.5 3.6-4 F >4 F >4 F >4 ECTS
Germany Friedrich-Schiller-Universität Jena 1.0-1.3 1.0-1.3 1.0-1.3 1.0-1.3 1.7-2.0 1.7-2.0 2.3-2.7 2.3-2.7 3.0-3.3 3.0-3.3 3.7-4.0 F >4 F >4 F >4 ECTS
Germany Georg-August-Universität Göttingen 1.0-1.5 1.0-1.5 1.0-1.5 1.0-1.5 1.6-2.5 1.6-2.5 1.6-2.5 2.6-3.0 3.1-3.5 3.6 4 F5 F5 F 5 ECTS
Greece
ECTS A A A A B B C C D D E F F F
Greece Athens University of Economics and Business Administration 8.51-10 8.51-10 8.51-10 8.5 8 7.5 7 6.5 6 5.5 5 <5 <5 <5 ECTS
Greece Aristoteleio Panepistimio Thessalonikis 9.0-10 9.0-10 9.0-10 8.0-8.9 8.0-8.9 7.5-7.9 7.0-7.4 6.0-6.9 6.0-6.9 5.5 5 <5 <5 <5 ECTS
Hungary
ECTS A A A A B B C C D D E FX FX F
Hungary Corvinus University of Budapest 5 5 5 5 4 4 3 3 2 2 2 1 1 1 ECTS
Hungary Central European University Budapest 4 (A) 4 (A) 4 (A) 4 (A) -3.67 (A--B+)-3.67 (A--B+) 3-3.3 (B+-B) 3-3.3 (B+-B) 2.67-3 (B-B-) 2.67-3 (B-B-) 2 1 1 1 ECTS
Iceland
ECTS A A A A B B C C D D E F F F
Iceland University of Iceland 9.00-10.00 9.00-10.00 9.00-10.009.00-10.00 7.25-8.99 7.25-8.99 7.25-8.99 6.00-7.24 6.00-7.24 5.0-5.99 5.0-5.99 4.9-0.0 4.9-0.0 4.9-0.0 ECTS
Iceland Reykjavik University 9.5-10 9.5-10 9.5-10 9.5-10 8.5-9.4 8.5-9.4 7.5-8.4 7.5-8.4 6.5-7.4 6.5-7.4 5.0-6.4 4.9-0.0 4.9-0.0 4.9-0.0 ECTS
Ireland
ECTS A A A A B B C C D D E F F F

Ireland National University of Ireland - Galway - Faculty of Commerce 90-100 80-89 75-79 70-74 60-69 60-69 50-59 50-59 45-49 45-49 44-40 0-39 0-39 0-39 ECTS
Italy
ECTS A A A A B B C C D D E FX/F FX/F F
Italy Università degli Studi di Padova 30+ 30+ 30+ and 30 30 29 28-27 26-25 24-23 22-21 20-19 18 F <18 F <18 <18 ECTS
Italy Università Degli Studi Di Genova 30+ 30+ 30+ and 30 29-27 26 25 24 23 21-22 19-20 18 F <18 F <18 <18 ECTS
Italy Bocconi University of Milan 30+ 30+ 30+ and 30 29-27 26 25 24 23 21-22 19-20 18 F <18 F <18 <18 ECTS
Italy Universita' Degli Studi Di Parma 30+ 30+ 30+ and 30 30 29 28-27 26-25-24 26-25-24 23-19 23-19 18 F <18 F <18 <18 ECTS
Italy Università degli Studi di Pavia 30+ 30+ 30+ and 30 29-27 26-24 26-24 23-21 23-21 19-20 19-20 18 17-14 17-14 <14 ECTS
Italy Universita' Degli Studi Di Perugia 30+ 30+ 30+ and 30 29 28 27 24-26 24-26 23-21 23-21 20-18 F <18 F <18 <18 ECTS
Universita' Degli Studi di Roma "La Sapienza" - Scienze dell'economia 30+ 30+ 30+ and 30 30 28-29 28-29 26-27 26-27 22-25 22-25 18-21 F <18 F <18 <18 ECTS
Italy 56
Universita' Degli Studi di Roma "La Sapienza" - Scienze economico- 30+ 30+ 30+ and 30 30 29 29 27-28 27-28 23-26 23-26 18-22 F <18 F <18 <18 ECTS
Italy aziendale 77
Italy Università degli Studi di Roma "Tor Vergata" 30+ 30+ 30+ and 30 29 28 26-27 25 24 22-23 20-21 19-18 F <18 F <18 <18 ECTS
Italy Università degli Studi di Siena 30+ 30+ 30+ 30+ 29-30 29-30 27-28 27-28 22-26 22-26 18-21 F <18 F <18 <18 ECTS (deviates per course!)
Italy Università degli Studi di Torino 30+ 30+ 30+ and 30 30 28-29 28-29 25-27 25-27 21-24 21-24 18-20 F <18 F <18 F <18 ECTS
Italy Venice international University 99-100 96-98 93-95 90-92 85-89 80-84 77-79 75-76 73-74 70-72 60-69 <60 <60 <60 ECTS
Italy Università degli Studi di Modena e Reggio Emilia 30+ 30+ 30+ and 30 30 29-28-27 29-28-27 26-25-24 26-25-24 23-19 23-19 18 F <18 F <18 <18 ECTS
Liechtenstein
ECTS A A A A B B C C D D E F F F
Liechtenstein Universität Liechtenstein 6 6 6 6 5.5 5.5 5 5 4.5 4.5 4 <4 <4 <4 ECTS
Latvia
ECTS A A A A B B C C D D E F F F
Latvia University of Latvia 10 10 10 9 8 8 7 7 6 6 5 (4) 4 4 <3 ECTS
Lithuania
ECTS A A A A B B C C D D E F F F
Lithuania Vilnius University 10 10 10 10 9 9 8&7 8&7 6 6 5 <4 <4 <4 ECTS
Netherlands
ECTS A A A A B B C C D D E FX/F FX/F F
Netherlands Universiteit van Amsterdam 10 10 9 8.0-8.9 7.8-7.9 7.5-7.7 7.3-7.4 7.0-7.2 6.5-6.9 6.0-6.4 5.5-5.9 F <5.5 F <5.5 <5.5 ECTS
Netherlands Technische Universiteit Eindhoven 10 10 10 10 9 9 8 8 7 7 6 FX <6 F <5 <5 ECTS
Netherlands Rijksuniversiteit Groningen 9-10 9-10 8 8 8 7 7 7 7 6 6 FX <6 F <5.5 <5.5 ECTS
Netherlands Maastricht University School of Business and Economics 10 10 10 9.0-9.9 8.5-8.9 8.0-8.4 7.5-7.9 7.0-7.4 6.5-6.9 6.0-6.4 5.5 FX 5.4 FX 5-5.3 <5 ECTS
Netherlands Erasmus University Rotterdam 10 10 10 9.5 9-9.4 8.5-8.9 8.0-8.4 7.5-7.9 7.0-7.4 6.5-6.9 5.5-6.4 F <5.4 F <5.4 <5.4 ECTS
Netherlands Radboud Universiteit Nijmegen 10 9 8.5 8 7.5 7.5 7.00 6.5 6.5 6 6 F <6 F <6 <6 ECTS
Netherlands Tilburg University 10 10 9.5 9 8.5 8 7.5 7 7 6.5 6 F <5 F <5 <5 ECTS
Norway
ECTS A A A A B B C C D D E FX FX F
Norway NHH Norwegian School of Economics A A A A B B C C D D E FX FX F ECTS
Norway University of Agder A A A A B B C C D D E FX FX F ECTS
Norway University of Stavanger - UIS Business School A A A A B B C C D D E F F F ECTS
Poland
A A A A B B C C D D E F F F
Poland Warsaw School of Economics 5 5 5 5 4.5 4.5 4 4 3.5 3.5 3 2 2 2 ECTS
Poland Szkola Glówna Handlowa W Warszawie 5 5 5 5 4.5 4.5 4 4 3.5 3.5 3 2 2 2 ECTS
Portugal
ECTS A A A A B B C C D D E F F F
Portugal Universidade Catolica Portuguesa 20 19 18 16-17 15 14 13 13 12 11 10 <10 <10 <10 ECTS
Portugal ISCTE - Instituto Universitário de Lisboa 20 19 18 16-17 15 14 13 13 12 11 10 <10 <10 <10 ECTS
Portugal University of Coimbra A A A A B B C C D D E <10 <10 <10 ECTS (deviates per course!)
Portugal Universidade Nova de Lisboa 20 19 18 16-17 15 14 13 13 12 12 10 11 <10 <10 <10 ECTS
Romania
ECTS A A A A B B C C D D E F F F
Romania Bucharest Academy of Economic Studies 10 10 10 10 9 9 8 7 6 6 5 <5 <5 <5 ECTS
Slovakia
ECTS A A A A B B C C D D E F F F
Slovakia University of Economics in Bratislava 1 (91-100) 1 (91-100) 1 (91-100) 1 (91-100) 1.5 (81-90) 1.5 (81-90) 2 (71-80) 2 (71-80) 2.5 (61-70) 2.5(61-70) 3 (51-60) 4 (0-50) 4 (0-50) 4 (0-50) ECTS
Slovenia
ECTS A A A A B B C C D D E F F F
Slovenia University of Ljubljana 10 10 10 10 9 9 8 8 7 7 6 <6 <6 <6 ECTS
Spain
ECTS A A A A B B C C D D E FX/F FX/F F
Spain Universidad Pompeu Fabra 10 10 10 9 8-8.9 7-7.9 6.5-6.9 6-6.4 5.7-5.9 5.5-5.7 5-5.4 4.5-4.9 4-4.4 <4 ECTS
Spain Universidad del Pais Vasco 10 10 10 9 8-8.9 8-8. 9 7-7.9 7-7.9 6-6.9 6-6.9 5-5.9 4.5-4.9 4-4.4 <4 ECTS
Spain Universidad de Granada 10 10 10 10 9-9.9 9-9.9 7-8.9 7-8.9 6-6.9 6-6.9 5-5.9 4.5-4.9 4-4.4 <4 ECTS
Spain Universidad Autónoma de Madrid 10 10 10 9 8-8.9 7-7.9 6.5-6.9 6-6.4 5.7-5.9 5.5-5.7 5-5.4 4.5-4.9 4-4.4 <4 ECTS
Spain Universidad Complutense de Madrid 10 10 10 9 8 7 6.5 6 6 5.5 5 4.5-4.9 4-4.4 <4 ECTS
Spain Universidad Pablo de Olavide 10 10 10 9.5-9.9 9 - 9.4 8.0-8.9 7.0-7.9 6.5 - 6.9 6 - 6.4 5.5 - 5.9 5.0-5.4 <5 <5 <5 ECTS
Spain Universidad de Sevilla 10 10 10 9 8.5-8.9 8.0-8.4 7.5-7.9 6.5-7.4 6-6.4 5-5.9 5-5.9 4.5-4.9 4-4.4 <4 ECTS
Spain Universidad de Navarra 10 10 10 9 7-8.9 7-8.9 5-6.9 5-6.9 5-6.9 5-6.9 5-6.9 4.5-4.9 4-4.4 <4 ECTS
Spain Universidad Publica de Navarra 10 10 10 9 8-8.9 8-8.9 7-7.9 7-7.9 6-6.9 6-6.9 5-5.9 4.5-4.9 4-4.4 <4 ECTS
Spain Universidad de Valencia 10 10 10 9 8.5-8.9 8-8.4 7.5-7.9 7-7.4 6.5-6.9 6-6.4 5-5.9 4.5-4.9 4-4.4 <4 ECTS
Spain Universidad de Salamanca 10 10 10 9 8-8.9 8-8.9 7-7.9 7-7.9 6-6.9 6-6.9 5-5.9 4.5-4.9 4-4.4 <4 ECTS
Spain Universidad de Zaragoza 10 10 10 9 8.5-8.9 8.0-8.4 7.5-7.9 6.5-7.4 6.0-6.4 5.5-5.9 5-5.4 4.5-4.9 4-4.4 <4 ECTS
Spain Universidad de Cantabria 10 10 10 9 7-8.9 7-8.9 6-6.9 6-6.9 5-5.9 5-5.9 5-5.9 4.5-4.9 4-4.4 <4 ECTS
Spain Universitat Autónoma de Barcelona 10 10 10 9 8 7 6.5 6 6 5.5 5 4.5-4.9 4-4.4 <4 ECTS
Spain Universitat de Barcelona 10 10 10 9 8-8.9 7.5-7.9 7-7.4 6-6.9 5-5.9 5-5.9 5-5.9 FX FX F ECTS
Sweden
ECTS A A A A B B C C D D E FX/F FX/F F
Sweden Lund University School of Economics and Management A A A A B B C C D D E F F F ECTS
Sweden Royal Institute of Technology - KTH Stockholm A A A A B B C C D D E FX FX F ECTS
Sweden Chalmers Tekniska Högskola AB - Göteborg MVG 5 MVG 5 MVG 5 MVG 5 VG 4 VG 4 VG 4 G3 G3 G3 G3 F F F ECTS
Sweden University of Gothenburg - Göteborg A A A A B B C C D D E FX FX F ECTS
Sweden University of Umea VG (85-100) VG (85-100) VG (85-100)G (85-100) VG (80-84) VG (75-79) G (70-74) G (65-69) G (60-64) G (55-59) G (50-54) U U (0-49) ECTS
Sweden University of Uppsala A A A A B B C C D D E FX FX F ECTS
Switzerland
ECTS A A A A B B C C D D E FX/F FX/F F
Switzerland University of Bern 6 6 5.75 5.75 5.5 5.25 5 4.75 4.5 4.25 4 F 3.5-1.0 F 3.5-1.0 3.5-1.0 ECTS
Switzerland Universita della Svizzera Italiana (Lugano) 6 6 6 6 5.5 5.5 5 5 4.5 4.5 4 FX 3.5 FX 3.5 <3.5 ECTS
1.0-1.5-
Switzerland Université de Lausanne - Ecole des Hautes Etudes Commerciales 6 6 6 5.5 5.5 5.5 5 5 4.5 4.5 4 FX 3.0-3.5FX 3.0-3.5 ECTS
2-2.5
Switzerland Universität Zürich 6 6 6 6 5.75 5.5 5.25 5 4.75 4.5 4 FX 3.5 FX 3.5 <3.5 ECTS
Turkey Temporarily not open for exchanges
ECTS A A A A B B C C D D E FX FX F
Turkey KOC University A (4.00) A (4.00) A- (3.70) B+ (3.30) B (3.00) B- (2.70) C+ (2.30) C (2.00) C (2.00) C- (1.70) 30). D (1.00) F (0.00) F (0.00) F (0.00) 2 credits = 1 ECTS
Turkey Bahcesehir University A (96/100) A (90-95) A- B+ B B C+ C C- D+ D F F F (Probably ECTS)
Turkey Marmara University AA AA AA AA BA BB CB CC DC DC DD DF DF <40 ECTS
Turkey Bilkent University A+/ A (4.00) A- (3.70) B+ (3.30) B (3.00) B- (2.70) C+ (2.30) C (2.00) C (2.00) C- (1.70) 30). D (1.00) F (0.00) F (0.00) F (0.00) ECTS
Turkey University of Ankara 98-100 95-97 92-94 90-91 85-89 80-84 75-79 70-74 65-69 60-64 50-59 F (0.00) F (0.00) F (0.00)
UK
ECTS A A A A B B C C D D E FX FX F
United Kingdom Cardiff University - Cardiff Business School 90-100 80-89 75-79 70-74 62-69 62-69 54-61 54-61 45-53 45-53 40-44 38-39 36-37 0-34 2 local credits = 1 ECTS
United Kingdom The University of Edinburgh - Department of Business Studies 95-100 90-94 80-89 70-79 65-69 65-69 60-64 60-64 50-59 50-59 40-49 35-39 35-39 0-34 2 local credits = 1 ECTS
United Kingdom University of Glasgow - Department of Accounting and Finance 22 21 20 19-18 17-16 15-14 13 12 11 10 9 <8.5 2 local credits = 1 ECTS
United Kingdom Glasgow Caledonian University 90-100 80-89 75-79 70-74 65-69 60-64 55-59 50-54 48-50 45-47 40-44 37-39 35-36 <35 2 local credits = 1 ECTS
United Kingdom University of Leicester 90-100 80-89 75-79 70-74 65-69 60-64 55-59 50-54 48-50 45-47 40-44 37-39 35-36 <35 2 local credits = 1 ECTS
United Kingdom University of Leicester (postgraduate) 90-100 80-89 75-79 70-74 66-69 62-65 58-61 55-57 53-54 51-52 50 45-49 40-44 0-39 2 local credits = 1 ECTS
United Kingdom De Montfort University (Leicester) 90-100 80-89 75-79 73-74 63-72 63-72 53-62 53-62 46-52 46-52 40-45 30-39 30-39 <30 2 local credits = 1 ECTS
United Kingdom Northumbria University 90-100 80-89 75-79 70-74 62-69 62-69 54-62 54-62 45-54 45-54 40-45 38-39 36-37 0-34 2 local credits = 1 ECTS
United Kingdom University of Worcester A+ A+ A A- B+B B- C C+ C- D+ D D- 37-39 35-36 <35 2 local credits = 1 ECTS
United Kingdom Aston University 95-100 90-94 80-89 70-79 65-69 65-69 60-64 60-64 50-59 50-59 40-49 <40 2 local credits = 1 ECTS
United Kingdom University College London 90-100 80-89 75-79 70-74 65-69 60-64 55-59 50-54 47-49 43-46 40-42 35-39 35-39 <35 2 local credits = 1 ECTS
United Kingdom University of Bristol 90-100 / 1 80-89 / 1 75-79 / 1 70-74 / 1 65-69 / 2.1 60-64 / 2.1 58-59 / 2.2 55-57 / 2.2 52-54 / 2.2 50-51 / 2.2 40-49 / 3 <40 2 local credits = 1 ECTS
These conversion tables are based on the general conversion principles agreed upon by FEB (conversion based on information on grade distribution at home institution and if possible h
for information purposes only. Although every reasonable effort has been made to present current and accurate information, FEB cannot guarantee this. FEB reserves the right to change
practice at or grading information provided by the partner changes). When a range of grades of the partner institution needs to be converted, FEB selects: the second highest grade with
7-Jun-18

Non-European KU Leuven Grades 20 19 18 17 16

partners
ECTS A A A A B
Argentina

Argentina Universidad Austral - The Faculty of Management 10 10 10 9 8

Australia

Australia University of South Australia - UniSA Business School 97-100 93-96 92-89 88-85 80-84
Australia The University of Adelaide - Faculty of the Professions 97-100 93-96 92-89 88-85 80-84
Australia Queensland University of Technology 97-100 93-96 92-89 88-85 80-84
Australia University of Western Australia 97-100 93-96 92-89 88-85 80-84
Australia Monash Business School - Faculty of Business and Economics 97-100 93-96 92-89 88-85 80-84
Australia The University of Sydney - Faculty of Economics and Business 97-100 93-96 92-89 88-85 80-84
Australia The University of Melbourne 97-100 93-96 92-89 88-85 80-84
Brazil

Brazil Fundacao Getulio Vargas FGP-EPGE - Escola Brasileira de Economia e Financas 10 9.5 9 8.5 8
Brazil Federal University of Rio de Janeiro - The COPPEAD Graduate School of Business 10 9.5 9 8.5 8
Brazil Pontificia Universidade Catolica do Rio de Janeiro - Faculdades Catolicas 10 10 9.5-9.9 9-9.4 8.9-8.5
Brazil INSPER Instituto de Ensino e Pesquisa - Sao Paolo 10 9.5 9 8.5 8
Canada

Canada Brock University - Goodman School of Business (bachelor) 97-100 93-96 89-92 85-88 80-84
Canada Brock University - Goodman School of Business (Master) 98-100 94-97 89-93 85-88 80-84
Canada Queen's University - Queen's School of Business (Bachelor) A+ A+ A+ A A-
Canada Queen's University - Queen's School of Business (Master) A+ A+ A+ A A-
Canada Université de Montréal (Bachelor) A+ A+ A+.A A- B+.B
Canada Université de Montréal (MASTER) A+ A+ A+ A A-
Canada The University of British Columbia - Sauder School of Business (bachelor) A+ A+ A+.A A- B+.B
Canada The University of British Columbia - Sauder School of Business (master) A+ A+ A+ A A-
Chile

Universidad de Chile - Facultad de Economia y Negocios (FEN)/School of Economics

Chile and Business 6.5-7 6.5-7 6.5-7 6-6.49 5.5-5.99
Pontificia Universidad Catolica de Chile - Faculty of Economics and Administrative
Chile Sciences 6.5-7 6.5-7 6.5-7 6-6.49 5.5-5.99
Chile Universidad Adolfo Ibanez 6.5-7 6.5-7 6.5-7 6-6.49 5.5-5.99
China

China Tsinghua University - School of Economics and Management 98-100 (4) 97-95(4)94-92 (3.7)90-91 (3.7)84-89(3.3)
China Peking University - Guanghua School of management (electives) 98-100 97-95 94-92 88-91 84-87
China Peking University - Guanghua School of management (core courses) 99-100 97-98 94-96 91-93 88-90
China UIBE - University of International Business and Economics - Business School 98-100 97-95 94-92 88-91 84-87
CUFE - Central University of Finance and Economics - Chinese Academy of Finance
China and Development 98-100 97-95 94-92 88-91 84-87

China Fudan University School of Economics A A A A- A-

China Shanghai University of Finance and Economics - SUFE 98-100 97-95 94-92 88-91 84-87

China Renmin University 98-100 97-95 94-92 88-91 84-87

China Chinese University of Hong Kong, Shenzhen (Guangdong) A+ A+ A+ A A-
China Xiamen University - Institute for Financial and Accounting Studies A+ A+ A+ A A-
China Zhejiang University – School of Management 98-100 97-95 94-92 88-91 84-87
Hong Kong SAR

Hong Kong SAR City University of Hong Kong A+ A+ A+ A A-

Hong Kong SAR The Chinese University of Hong Kong Shenzhen A A A A- B+
Hong Kong University of Science and Technology (HKUST) - School of Business and A+ A+ A A- B+
Hong Kong SAR Management MASTER
Hong Kong University of Science and Technology (HKUST) - School of Business and
A+ A+ A A- B+
Hong Kong SAR Management Bachelor
Hong Kong SAR Hong Kong Polytechnic University A+ A A A B+
Hong Kong SAR University of Hong Kong A+ A+ A+ A A-
India

India Indian Institute of Managament - Bangalore A A A A B

India Indian Institute of Managament - Calcutta A+ A+ A+ A A-
India IIT Shailesh J. Mehta School of Management - Bombay AP/AA 10 AP/AA 10 AP/AA 10 AB 9 AB 9
Japan

Japan Kobe University - Graduate School of Economics S S S A A

Japan Waseda University Graduate School + School of Commerce A+ A+ A+ A A
Japan Kyoto University - Graduate School of Economics 98-100 97-95 94-92 88-91 84-87
Japan Hitotsubashi University - Graduate School of Commerce and Management A A A B B
Japan KEIO S S S A A
Japan Hitotsubashi University - Graduate School of Economics A A A B B
Malaysia

Malaysia UITM Universiti Teknologi MARA - Faculty of Computer and Mathematical Sciences A+ A A A A-
Malaysia University of Malaya A A A A- A-
Mexico Temporarily not open for exchanges

Mexico Instituto Tecnologico de Estudios Superiores de Monterey (ITESM) 100% 97-99% 95-96% 90-94 85-89%
Mexico Instituto Tecnologico de Estudios Superiores de Monterrey (EGADE) 100% 97-99% 95-96% 90-95 85-89%
Mexico Instituto Tecnologico Autonomo de Mexico (ITAM) 10 10 10 9 9
Morocco

Morocco HEM Business School Casablanca A A A A A (>16)

Morocco ESCA School of Management Casablanca A A A A A (>16)
Peru

Peru Universidad de Lima 20 20 20 19 18

Peru Universidad ESAN - ESAN Graduate School of Business 20 20 20 19 18
Russia
ECTS
Russia Higher School of Economics (5-point scale) 5 5 5 5 4
Russia Higher School of Economics (10-point scale) 10 10 10 9 8
Russia Saint Petersburg University - Graduate School of Management 5 5 5 5 4
Singapore

Singapore Singapore Management University A+ (4.3) A+ (4.3) A+ (4.3) A A-

South Africa

South Africa University of the Free State - Bloemfontein 100 95-99 90-94 80-89 75-79
University of Stellenbosch - Faculty of Economics and Management/Department of 100 95-99 90-94 85 80
South Africa Business Management
South Korea

South Korea Korea University A+ A+ A+ A B+

South Korea Yonsei University A+ A+ A- A B+
South Korea Sungkyunkwan University Bachelor A+ A+ A+ A B+
South Korea Sungkyunkwan University Master A+ A+ A+ A B+
South Korea Hanyang University A+ A+ A+ A+ A+
Taiwan ROC

Taiwan ROC National Chengchi University College of Commerce (Bachelor) 100 99-97 96-94 93-90 89-85
Taiwan ROC National Chengchi University College of Commerce (Master) 98-100 95-97 92-94 89-91 86-88
Taiwan ROC National Chiao Tung University (Bachelor) 100 99-97 96-94 93-90 89-85
Taiwan ROC National Chiao Tung University (Master) 98-100 95-97 92-94 89-91 86-88
Taiwan ROC National Sun Yat Sen University A+ A+ A+ A A-
Taiwan ROC National Taiwan University - College of Management A+ (4.3) A+ (4.3) A+ (4.3) A A-
Thailand

Thailand Chulalongkorn University - Chulalongkorn Business School A A A B+ B

Thailand Chulalongkorn University - Faculty of Economics A A A B+ B
United States

United states Bloomsburg University A A A A- B+

United states Florida International University - College of Business A A A A- B+. B0

United states University of Rochester - Simon Graduate School of Business A A A A A-
United states University of Pennsylvania- The Wharton School A+ A+ A A- B+
United states University of Illinois at Urbana-Champaign - College of Business A+ A+ A+ A A-
United states University of Illinois at Urbana-Champaign-ACES A+ A+ A A-B+ B
United states University of Wisconsin-Madison. Wisconsin School of Business A A A AB B

United states The Washington Centre (fixed course package) A+ A+ A+ A A-

stitution and if possible host institution. ECTS-grade information and institutional grading systems). All the information provided in the conversion tables is
erves the right to change this information or make amendments in the conversion table at any time and without prior notice (this can be the case if grading
cond highest grade with a range of four grades, the middle grade with a range of three grades, and the lower grade with a range of two grades.

credit system (local credits/hours versus

15 14 13 12 11 10 9 8 <8
ECTS)

B C C D D E Fx Fx F

7 6 5 4 4 3 <3 <3 <3 1 local credit = 2 ECTS

79-75 70-74 69-65 64-60 59-55 50 - 54 45-49 40-44 <40 4.5 local credits = 7.5 ECTS
79-75 70-74 69-65 64-60 59-55 50 - 54 49-47 46-45 1-49 3 local credits = 7.5 ECTS
79-75 70-74 69-65 64-60 59-55 50 - 54 45-49 40-44 <40 12 local credits = 7.5 ECTS
79-75 70-74 69-65 64-60 59-55 50 - 54 47-49 45-46 <45 6 local credits = 7.5 ECTS
79-75 70-74 69-65 64-60 59-55 50 - 54 47-49 45-46 <45 6 local credits =7.5 ECTS
79-75 70-74 69-65 64-60 59-55 50 - 54 47-49 45-46 <45 6 local credits = 7.5 ECTS
79-75 70-74 69-65 64-60 59-55 50 - 54 47-49 45-46 12.5 local credits = 7.5 ECTS

7.5 7 6.5 6 <6 15.25 hours = 1 ECTS

7.5 7 6.5 6 5.5 5 4.5 4 <4 2 local credit = 3 ECTS
8.4-8 7.9-7.5 7.4-7 6.9-6.5 6-6.4 5-5.9 <5 1 local credit = 1.5 ECTS
7.5 7 6.5 6 5.5 5 <5 13.33 hours = 1 ECTS

75-79 70-74 65-69 60-64 55-59 50 - 54 0.5 local credit = 6 ECTS

75-79 70-74 65-69 60-64 <60 <60 <60 0.5 local credit = 6 ECTS
B+ B B- C+ C C- D+ DD- F 1 local credit = 2 ECTS
A- B+ B+ B B B- C+ C-DD+DD- F 1 local credit = 2 ECTS
B- C+ C C- D+ D 1 local credit = 2 ECTS
B+ B- B- C+ C C- 1 local credit = 2 ECTS
 B- C+ C C- D+ D 1 local credit = 2 ECTS
B+ B- B- C+ C C- 1 local credit = 2 ECTS

5.5-5.99 5-5.49 5-5.49 4.5-4.99 4.5-4.99 4-4.49 <4 <4 <4 1 local credit = 1 ECTS

5.5-5.99 5-5.49 5-5.49 4.5-4.99 4.5-4.99 4-4.49 <4 <4 <4 1 local credit = 0.6 ECTS
5.5-5.99 5-5.49 5-5.49 4.5-4.99 4.5-4.99 4-4.49 <4 <4 <4 1 local credit = 2 ECTS

80-83 (3.0)77-79 (2.7)73-76 (2.3)70-72(2.0)69-67(1.7) 6(1.3-1.0) <60 <60 <60 1 local credit = 2 ECTS
80-83 76-79 72-75 68-71 64-67 60-63 <60 <60 <60 1 local credit = 2 ECTS
85-87 82-84 79-81 76-78 73-75 70-72 <70 <70 <70 1 local credit = 2 ECTS
80-83 76-79 72-75 68-71 64-67 60-63 <60 <60 <60 1 local credit = 2 ECTS

80-83 76-79 72-75 68-71 64-67 60-63 <60 <60 <60 1 local credit
Bachelor: = 2 ECTS
1 local credit = 2 ECTS
Master: 1
B+ B B- C+ C,C- D F F F local credit = 3 ECTS
80-83 76-79 72-75 68-71 64-67 60-63 <60 <60 <60 Bachelor:
1 local credit = 2 ECTS
1 local credit = 2 ECTS
Master: 1
80-83 76-79 72-75 68-71 64-67 60-63 <60 <60 <60 local credit = 3 ECTS
B+ B B- C+ C.C- D 1 local credit = 2 ECTS
B+ B B- C+ C.C- D F <60 F <60 F <60 1 local credit = 2 ECTS
80-83 76-79 72-75 68-71 64-67 60-63 <60 <60 <60 1 local credit = 2 ECTS

B+ B B- C+ C.C- D <D <D <D 1 local credit = 2 ECTS

B B- C+ C C- D,D+ <D <D <D 1 local credit = 2 ECTS
B-, C+,C, B-, C+,C, B-, C+,C, B-, C+,C, B-, C+,C,
B C-, D C-, D C-, D C-, D C-, D
1 local credit = 2 ECTS
<D <D <D
B B- C+ C C- D 1 local credit = 2 ECTS
<D <D <D
B B C+ C D+ D <D <D <D 1 local credit = 2 ECTS
B+ B B- C+ C.C- D <D <D <D 1 local credit = 1 ECTS
 B B C C D D F F F 3 local credit = 6 ECTS
B+ B B B- (P) C+ C+ F F F 3 local credit = 5 ECTS
BB 8 BC 7 CC6 CC 6 CD 5 DD 4 FR 0 FR 0 FR 0 1 local credit= 2 ECTS

A B B B C C <C <C <C 1 local credit = 2 ECTS

A B B B C C <C <C <C 1 local credit = 2 ECTS
80-83 76-79 72-75 68-71 64-67 60-63 <60 <60 <60 1 local credit = 2 ECTS
B C C C D D <D <D <D 1 local credit = 2 ECTS
A B B B C C D or F D or F 1 local credit = 2 ECTS
B C C C D D <D <D <D 1 local credit = 2 ECTS

B+ B B- C+,C C- D/D+ E E F 1 local credit = 1.77 ECTS

B+ B B- C+ C C- D+ D F 1 local credit= 1.5 ECTS

85-89% 80-84 80-84 75-79 75-79 70-74 <69 1.6 local credit = 1 ECTS
85-89% 80-84 80-84 75-79 75-79 70-74 <69 1.6 local credit = 1 ECTS
8 8 7 7 6 6 <69 1 local credit = 1 ECTS

B (15) B (14) C (13) C (12) D (11) D (10) F < 10 F < 10 F < 10 Aligned with ECTS
B (15) B (14) C (13) C (12) D (11) D (10) F < 10 F < 10 F < 10 Aligned with ECTS

17 16 15 14 13 11/12 <11 <11 <11 1 local credit = 1.5 ECTS

17 16 15 14 13 12 <12 <12 <12 3 local credits = 4 ECTS

4 3 3 3 2 2 Aligned with ECTS

7 6 5 5 4 4 Aligned with ECTS
 4 4 4 3 3 3 2 2 2 Aligned with ECTS

B+ B B- C, C+ C- D+ 1 local credit = 7.5 ECTS

70-74 60-69 57-59 55-56 54-53 50-52 <50 <50 <50 1 local credit = 0.5 ECTS

75 70 65 60 55 50 <50 <50 <50 1 local credit = 0.5 ECTS

B+ B B C+ C+ C F F F 1 local credit = 2 ECTS

B B- C+ C/C- D D/D- F F F 1 local credit = 2 ECTS
B+ B B C+ D+ D F F F 1 local credit = 2 ECTS
B+ B B C+ D+ D F F F 1 local credit = 3 ECTS
A0 B+ B C+ D+, C0 D0 F F F 1 local credit = 2 ECTS

84-80 79-75 74-70 70-65 65-61 60 <60 1 local credit = 2 ECTS

85-83 82-80 79-77 76-74 73-71 70 <70 1 local credit = 2 ECTS
84-80 79-75 74-70 70-65 65-61 60 <60 1 local credit = 2 ECTS
85-83 82-80 79-77 76-74 73-71 70 <70 1 local credit = 3 ECTS
B+ B B- C+ C C- D 1 local credit = 2 ECTS
B+ B B- C+ C C- D 1 local credit = 2 ECTS

B C+ C C D+ D E 1 local credit = 2 ECTS

B C+ C C D+ D E 1 local credit = 2 ECTS

B B- C+ C D+ C- D <D <D <D 1 local credit = 2 ECTS

undergraduate: 1 local credit = 2.5 ECTS
B B- C+ C C-D+D D- graduate:1 local credit = 3.3 ECTS
B+ B B B- B- C E 1 local credit = 3 ECTS
B B- C+ C.C- D+ D 1 course = 7.5 ECTS
B+ B B- C+ C+ C C-D+ DD- 1 local credit = 2 ECTS
B- C+ C C- D+ D D- 1 local credit = 2 ECTS
B BC BC C C D <D <D <D 1 local credit = 2 ECTS
20 credits (Training)
B+ B B- C+ C.C- D+DD- +5 credits (Forum) +5
credits (Course)