The monograph presents a brief overview and analysis of foreign credit systems: American credit system USCS British credit system CATS European credit system ECTS credit system in Asia Pacific region and a brief comment on UCTS. The first chapter reviews legal and regulatory documents adopted in the credit system which mainly contains decisions decrees and ordinances provisions adopted in the credit system. The second chapter considers a comparative analysis of the best foreign experiences in credit systems.In the third chapter the application of credit system in NFTUIT and analysis of its strengths and weaknesses are considered. In conclusion the final proposals and recommendations are given. The monograph is intended for a wide range of persons: master''s students postgraduates teachers as well as students of higher educational institutions where the credit system is implemented.
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