
FACULTY OF BUSINESS
Department of International Trade and Finance
EXAM REGULATIONS AND, ASSESSMENT, AND GRADING
For each course taken at IUE, the student is given one of the letter grades below by the instructor as the semester course grade. Each grade has also its as ECTS grade equivalent
The table below provides the detailed information about the local letter grades, coefficients and ECTS grade equivalents.
SCORE | GRADE | COEFFICIENT | ECTS Grade |
90-100 | AA | 4.0 | A |
85-89 | BA | 3.5 | B* |
80-84 | BB | 3.0 | B* |
75-79 | CB | 2.5 | C* |
70-74 | CC | 2.0 | C* |
65-69 | DC | 1.5 | D |
60-64 | DD | 1.0 | E |
50-59 | FD | 0.5 | FX |
49 and below | FF | 0.0 | F |
*for these ones, the higher grade is applied
In order to be successful in a course, short cycle (associate degree) and first cycle (bachelor’s degree) students have to get a grade of at least DD, second cycle (master's degree) students have to get a grade of at least CC, and third cycle (Ph.D.) students have to get a grade of at least CB to pass a course. For courses which are not included in the cumulative GPA, students need to get a grade of S.
Apart from that, each local grade has it is equivalent ECTS grade which makes it more easier to transfer the grades of mobility periods of students. The chart above shows the ECTS grading system at IUE.
Also, among the Letter Grades;
I |
Incomplete |
S |
Satisfactory Completion |
U |
Unsatisfactory |
P |
Successful Progress |
NP |
Not Successful Progress |
EX |
Exempt |
NI |
Not included |
W |
Withdrawal |
NA |
Non-Attendance |
- Grade of I (Incomplete), is given to students who are not able to meet all the course requirements at the end of the semester or summer school due to a valid justification accepted by the instructor. Students who receive a letter grade “I” must complete their missing course requirements and receive a letter grade within one week following the date the end of semester grades or summer school grades submitted. However, in the event of special cases, this period can be extended until two weeks before the beginning of registration for the next semester, upon the recommendation of the respective Graduate School department head and the decision of that academic unit’s administrative board. Otherwise, grade of “I” will automatically become grade of FF, or grade of U.
- Grade of S (Satisfactory) is given to students who are successful in non-credited courses.
- Grade of U (Unsatisfactory) is given to students who are unsuccessful in non-credited courses.
- Grade of P (Successful Progress) is given to students, who continue to the courses that are not included in the GPA that has a period exceeding one semester, and regularly performs the academic studies for the respective semester.
- Grade of NP (Not Successful Progress) is given to students, who do not regularly perform the academic studies for the respective semester for courses that are not included in the GPA and have a period exceeding one semester.
- Grade of EX (Exempt), is given to students who are exempt from some of the courses in the curriculum.
- Grade of NI (Not included) is issued to identify the courses taken by the student in the program or programs which are not included in the GPA of the student. This grade is reported in the students’ transcripts with the respective letter grade. Such courses are not counted as the courses in the program that the student is registered to.
- Grade of W (Withdrawal) is used for the courses that the student withdraws from in the first ten weeks of the semester following the add/drop period, upon the recommendation of his/ her advisor and the permission of the instructor that teaches the course. A student is not allowed to withdraw from courses during the first two semesters of his/ her associate/undergraduate degree program and from those courses he/she has to repeat and received grade “W” before, which are not included in the grade average. A student is allowed to withdraw from one course, including double major, minor, or certificate program courses, at the most in one semester, and two courses at the most during his/ her associate degree study, and six courses during his/her undergraduate study upon the recommendation of the advisor and the permission of the instructor that teaches the course. A student has to take the course that he/she withdrew from, the first semester in which it is offered. In accordance with the protocols made between Izmir University of Economics and educational institutions or official authorities abroad, the exchange program students being educated at Izmir University of Economics may withdraw from courses upon the recommendation of International Relations Office Directorate and the permission of the instructor. In this case, the rules concerning the grade of “W” will not be applied.
- Grade “NA” (Non-Attendance) is issued by the instructor for students who fail to fulfil the attendance and/or requirements of the course and/or who lose their right to take the end of semester exam because they failed to take any of the exams administered throughout the semester. Grade “NA” is considered as 0, 00 (zero) in taking the averages.
Both the ECTS grades and the local grades of the students are displayed on the official transcript of the students.
NEWS |ALL NEWS

Sustainable Finance Summer School
Sustainable Finance Summer School, designed for high school students within the body of İzmir University of Economics, EKOSEM, was held on August

‘Regional Championship’ is the goal
The team of 5, consisting of students of Izmir University of Economics (IUE), made it to the finals in the ‘Research Challenge’

Reputable membership to IUE from the UK-based institute
The UK-based CFA Institute, which is considered one of the most respected institutions in the finance sector, has included the Department of

Prof. Küçüközmen gave a speech on the Cyber Risks to EKOTÜRK
Faculty member of IUE Department of International Trade and Finance, Prof. Küçüközmen commented on the cyber risks to EKOTÜRK TV.

Prof. Dr. C. Coşkun Küçüközmen said 'İzmir should be a Fintech Center'
One of the professors of our department, Prof. Dr. C. Coşkun Küçüközmen, in his interview with the 9 Eylül Newspaper, evaluated that

Prof. Dr. C. Coşkun Küçüközmen; “Filling up your car with ‘50 Lira gasoline’ cannot take you back home”
One of the professors of our department, Prof. Dr. C. Coşkun Küçüközmen evaluated the price hikes on fuel in an interview with

Prof. Dr. C. Coşkun Küçüközmen; 'Turkey Can End the War With Its Historical Power'
One of the professors of our department, Prof. Dr. C. Coşkun Küçüközmen evaluated the Ukraine-Russia war and its effects in a special

International award for 'Bitcoin' research
Assoc. Prof. Gülin Vardar and Assoc. Prof. Berna Aydoğan, lecturers from Faculty of Business, Izmir University of Economics (IUE), received international award