The European Credit Transfer and Accumulation System (ECTS) serves as a standardized framework for assessing and comparing academic achievements and study loads in European universities.

More information here https://grostenquin.org/en/articles/ects-a-credit-system-for-european-education.

Here is an overview of ECTS and what it means:

1. Standardized Credit System: ECTS facilitates the seamless transfer and accumulation of credits by establishing a common currency for academic achievement. This system allows students to easily transfer credits between universities in the European Higher Education Area (EHEA) and beyond.
2. Facilitating study abroad: ECTS simplifies the study abroad process by providing a transparent framework for recognizing and accepting credits earned at foreign institutions. This facilitates international mobility and encourages students to study in different cultural and academic environments.
3. Credit calculation: ECTS credits reflect the amount of work required to complete specific modules or study programs, rather than being tied to grades. Typically, one year of full-time study equals 60 ECTS credits, and variations are possible for part-time study. These credits are based on estimated teaching hours, which vary from country to country and from institution to institution.
4. Versatility and application: ECTS is widely used in European universities and is increasingly recognized by institutions around the world. It serves multiple purposes, including facilitating credit transfer, supporting study abroad initiatives and aiding the graduate admissions process.
5. Importance in admissions: ECTS credits play an important role in admissions to graduate and postgraduate programs. Although specific requirements may vary, ECTS credits provide admissions officers with valuable information about applicants' academic preparation and readiness for advanced study. They can be particularly important for applicants who wish to learn new subjects or demonstrate knowledge in specific disciplines.

ECTS thus serves as a vital tool for promoting academic mobility, increasing transparency in higher education and facilitating seamless transitions between institutions and programs. Its universal application and its role in admissions emphasize its importance in the European and global educational landscape.