Two studies were conducted to examine associations between undergraduate physical education students' calibration accuracy, assessed both at the local and global level, and their short and long-term achievement in two academic courses (developmental and sport psychology). Participants were 68 Greek senior and 112 first-year physical education students who completed knowledge tests and provided their judgments regarding their performance in these tests. Students' degree grade and time of graduation were also obtained in study two. Results showed that calibration accuracy could explain a small amount of variance of students' academic achievement measured both with short-term (i.e., knowledge tests in the middle and in the end of the semester) and long-term indicators (e.g., degree grade). Calibration at the local level was generally a better predictor of students' short and long-term academic achievement while results regarding differences in the accuracy of the judgments provided at the local and the global level were mixed. These finding are discussed with reference to the theoretical and practical implications for undergraduate students' academic achievement.