The Academic Bank of Credits: A New Pathway to Higher Education [Podcast]

Education Technology Trends and Innovations by Splashgain

Episode Description

๐ŸŽ™๏ธโœจ Join us on an exciting podcast episode as we delve into the groundbreaking concept of the Academic Bank of Credits (ABC): A New Pathway to Higher Education! ๐ŸŽ“๐Ÿ’ก

In this episode, we explore how the Academic Bank of Credits is revolutionizing the Indian education system, closely tied to the University Grants Commission (UGC) and the visionary National Education Policy (NEP) 2020. ๐Ÿ›๏ธ๐ŸŒŸ

Discover how the ABC aligns with the NEP’s student-centric approach and the UGC’s mission to streamline credit transfer, fostering a seamless education experience across institutions. ๐Ÿ”„๐Ÿ’ผ

We unravel the wonders of the Academic Bank of Credits, enabling students to accumulate, transfer, and redeem credits while accessing a wide array of educational opportunities. It’s a game-changer, saving both time and money for learners! โฐ๐Ÿ’ฐ

Explore the National Academic Depository (NAD), the digital bank of academics and the backbone of the ABC system. Understand how the NAD platform empowers students to create their ABC ID, store their academic achievements, and easily manage their credits. ๐Ÿ’ป๐Ÿ“š

Learn why creating an Academic Bank of Credits account is a crucial step towards achieving your academic and career goals. Discover the power of tracking progress, accessing account information, and planning your educational journey with precision and flexibility. ๐Ÿš€๐Ÿ“ˆ

Plus, we unveil the eligibility criteria for institutions to participate in the ABC scheme, highlighting the importance of National Assessment and Accreditation Council (NAAC) accreditation with an ‘A’ grade and above. ๐Ÿ…๐Ÿซ

Are you ready to unlock the door to a more flexible and student-centric education system? Tune in to our podcast episode and embark on a transformative journey with the Academic Bank of Credits! ๐ŸŽง๐ŸŒ

Episode Transcript

Hello and welcome to today’s podcast episode. Today we are having very interesting topic about academic bank of credits so that is definitely going to be new pathway for higher education.

So, if you consider overall scenario, there are various use cases where student need to get transferred from one University to another University or one institution to another Institution for various reasons.

Sometimes student need to change their course based on their interests are sometimes they need to relocate from one location to another location. But there is always the issue associated with result passing on the result or credits achieved in the one position to another institution.

So that is the reason why there is a concept of academic Bank of credits which is closely related to University grants commission and the National Education policy defined by government In 2020.

So UGC that is governing body for higher education has put an important role in developing and implementing this academic Bank of credit system in India. So, academic Bank of credit aligns with the National Education policies, region, with creating flexible and student Centric Education system that will definitely enable learner to pursue their academic interests and career aspiration.

So by allowing students to accumulate And transferable credits which are achieved in the one of the institutions academic Bank upgrading system will enable them to access awider range of educational opportunities. That will certainly help them to save time money in this process.

So, let us try and understand concept of academic bank of credit so establishment of academic Mentor credit is based on National academic degree depository, That is in NAD. So it is the backbone of academic bank of credit where academic Awards or information of student is stored, so you can call it a digital Bank of academics or Storehouse of academics.

So NAD serves as a system for academic Bank of credit that allows to run with register and create an ID which can be used to store transport reading and receive Recognition for economic trainings. So definitely it is going to be path-breaking concept.

In order to Avail the scheme of academic bank of credit transfer, there is a eligibility criteria for higher education institution. So institution, have to be part of national assessment and accreditation Council that is NAAC with an A grade or above.

So, you need to note that if your education institution, has a grade of A or above in the NAAC. Then only you will be eligible to use this concept of academic bank of credits. It certainly provide a lot of benefit for the institutions as well because it will provide them larger pool of students and it will enable them to attract more number of students who may not have considered their institutions.

So as an educational institution, we must focus on getting in a NAAC of A grade or about in order to have more number of enrollment for your education institution in the future. So academic credit is the unit by which course work is a major and no required. Number of instructional hours per week is determined by. So, typically one credit consumes 13 to 15 weeks of semester and it can have a weighted associated with it based on Theory, practical done per week basis.

So let us try and understand how to manage or what is credit management for students and institutions to this concept of academic Bank of credit or ABC. So, ABC system functions as a radiant back, which will allow students to borrow academic credits to complete their degree requirement. It will also allow students to transfer the credits earned from one institution to another providing seamless and efficient process of transferring the academic credit.

Student can also do the credit accumulation where a student can accumulate credits from various institutions and processes, allowing them to build a more comprehensive academic portfolio. Both credit validation can be done by the central repository to ensure that it meets the required academic standards

So there are some regulations and major functions associated with this ABC. So only the NAAC accredited universities or colleges with a minimum A grade can register for this ABCs. Upto 20% extra seat Should be reserved for students enrolling for this academic bank of credit.

So definitely if you are going to up adopt this academic Bank of credit than for your Institution Directly, you will get 20% extra seat out of the learning management system. For all of all the universities offering online, programs should be integrated with this academic Bank of credit.

So earn credit are valid for the student up to seven years and student can enter in Odd semester and exit after completion, of even semester.

There is a credit transfer Credit Management. credit Redemption system defined by academic Bank of credit. So as a education institution, we must explore this Exciting opportunity and future and adopt this technology So that you will be able to provide lot of flexibility to the students when they’re willing to enroll higher education courses of your Institution. With this concept definitely there will be more number of students getting enroll for your courses.

And there are quite a few rules and regulations are available and definitely higher education institution need to maintain continuous Improvement respect equality and education University or autonomous or Affiliated colleges should undergo NAAC Accredition process on a regular basis.

So if you are able to add up NAAC Accredition with A grade or above and if you’re able to use this academic bank of credit then definitely, it will help education institution to build a brand as well as it will provide a lot of flexibility for the students.

So, if you’re looking forward to implement, those academic Bank of credit process, then certainly you can visit our website and explore. How you can adopt various Technologies which can help you to accelerate your NAAC accreditation process where you can achieve a lot of Technology adoption

Thank you for listening to this podcast. Please ensure you are subscribing to our podcast. So that whenever we release more such episodes you will get notified. Thank you.

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