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Open University modules are often assessed using an equal weighting of examinations and coursework. The coursework component normally takes the form of between two and seven tutor marked assignments (TMAs) and, occasionally, may also include up to six multiple-choice or “missing word” 10-question interactive computer marked assignments (iCMAs). The examinable component is usually an invigilated three-hour paper regardless of the size of the module (although on some modules it can be up to three three-hour papers, but an increasing number of modules instead have an EMA (End of Module Assessment) which is similar to a TMA, in that it is completed at home, but is regarded as an exam for grading purposes.Modules results are sometimes issued on a graded basis, consisting of pass grades 1 (threshold 85%, a distinction), 2 (70–84%), 3 (55–69%) & 4 (40–54%), and fail (below 40%). This grade is calculated as the lower of the overall continuous assessment score (OCAS) and overall examination score (OES).These grades can be weighted according to their level, and combined to calculate the classification of a degree. An undergraduate degree will weight level 3 modules twice as much as level 2, and in postgraduate programmes all M level modules are equally weighted.Open University modules have associated with them a number of Credit Accumulation and Transfer Scheme (CATS) credits – usually 30 or 60 – depending on the quantity of the material in the module and a level (1, 2, 3, or 4) corresponding to the complexity, with 120 credits roughly equating to the year of study for a full-time student.