The final publication is available at Springer via http://dx.doi.org/10.1007/s10734-005-4507-4The competencies achieved, the quantity and distribution of the time employed, and the activities carried out by the student are fundamental elements of the future European Higher Education Area. The present study explores, in a specific course, the current level of some indicators of such elements and their validity. The results highlight the irrelevance of the temporal aspects with respect to final performance, and the relevance of the academic work activities to performance over the length of the course. Each indicator is discussed, and it is intended to further those which result to be relevant for the success of the student in the future, and to limit those temporal elements to a mere function of organization of the universities