One of the statutory agencies, the University Grants Commission (UGC), is crucial to preserving the standard of instruction in all Indian educational institutions.
UGC periodically proposes several schemes for quality assurance, from assessing teaching-learning practises to bringing innovations to the field of education.
The "Academic Bank of Credits" has been launched by UGC as part of a chain of developments aimed at transforming educational infrastructure (ABC).
The management and verification of student credits is made easier for the teachers.The primary goals of ABC of To encourage student-centered learning , emphasise student-friendly teaching strategies ,Use an interdisciplinary strategy ,Permit students to take the most interesting courses possible and Give pupils the freedom to study at their own pace .
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Table of content
- The Academic Bank of Credits (ABC) is what, exactly?
- Academic Bank of Credit's Purposes (ABC)
- Academic Bank of Credit's importance (ABC)
- The Academic Bank of Credits: How Does It Operate?
- ABC's anticipated effects on the educational system
- How Can MasterSoft Help Institutions Increase the Benefits of ABC?
The Academic Bank of Credits (ABC) is what, exactly?
Academic Bank of Credits (ABC) is a virtual/digital repository that houses data on the credits that certain students have accrued over the course of their academic careers.
Students will be able to create an account and have a variety of alternatives for enrolling and exiting colleges or universities.
Throughout the period of higher education, there will be "many exits" and "multiple admissions," and credits will be easily transferred through the ABC.
ABC is a reliable resource that can be used to examine any student's credit history at any given moment.
Therefore, the ABC idea serves as fuel to increase faculty productivity and encourage students to embrace a multidisciplinary educational approach.
Making students "skilled professionals" and fostering their overall development are the goals.
Academic Bank of Credit's Purposes (ABC)
- The task of opening, terminating, and confirming student academic accounts will fall to the Academic Bank.
- It will carry out activities including student credit transfer/redemption, credit verification, and credit accumulation.
- The government and institutions are offering both online and distant learning courses.
- Students can redeem their acquired academic credits, which have a maximum seven-year validity period.
- Students can directly apply for admission in the second year at any university after redeeming their credits.
- Students must reapply within seven years because the validity is up to seven years.
Academic Bank of Credit's importance (ABC)
- gives students more choice to select their academic and course interests.
- allows the student to withdraw at any time and, if qualified, replace their earned credits with a certificate or diploma.
- They can return to the same or another institute in the future to finish their studies by reclaiming their credits.
- The schools cannot compel pupils to attend classes against their choice in order to make money.
The Academic Bank of Credits: How Does It Operate?
The Academic Bank of Credits (ABC), which I explained to you before, would serve as a resource for professors to review students' credit histories.
To be a part of the ABC, the kids must adhere to the instructions provided.
1. The ABC Account's Opening : The first thing the students must do is open an academic bank account. To create the ABC account, they might need information such as their name, address, diplomas, course information, etc. Students can log in at any time to check their earned credits using a special ID and password that will be established for them.
2. Data on Credits According to Courses : The government will develop a credit system in accordance with the courses. The automatic awarding of credits occurs when a student enrols in any course and passes the tests. Institutions must complete out the necessary information and submit the deposits made to the Academic Credit Bank accounts of the students.
3. Assessment & Credit Verification : The Academic Credit Bank will periodically carry out any type of credit evaluation and verification. Students must contact the ABC for additional steps if they want to transfer their credits. It will assist in controlling the procedures with the utmost authenticity.
4.Different Courses : Both online and offline courses are covered by the programme. Among the significant ones are National Schemes like
1. The ABC Account's Opening : The first thing the students must do is open an academic bank account. To create the ABC account, they might need information such as their name, address, diplomas, course information, etc. Students can log in at any time to check their earned credits using a special ID and password that will be established for them.
2. Data on Credits According to Courses : The government will develop a credit system in accordance with the courses. The automatic awarding of credits occurs when a student enrols in any course and passes the tests. Institutions must complete out the necessary information and submit the deposits made to the Academic Credit Bank accounts of the students.
3. Assessment & Credit Verification : The Academic Credit Bank will periodically carry out any type of credit evaluation and verification. Students must contact the ABC for additional steps if they want to transfer their credits. It will assist in controlling the procedures with the utmost authenticity.
4.Different Courses : Both online and offline courses are covered by the programme. Among the significant ones are National Schemes like
- NPTEL
- SWAYAM
- V-LAB
To assist students from every conceivable stream, the ABC will therefore encompass nearly all course kinds, including distance learning courses.
5.Validity of Credit : Students' acquired credits are good for seven years. Nevertheless, depending on the courses or fields, the validity of credits may alter. In such cases, ABC will inform the students of the specifics of the exceptions. Even if a student takes a break from school or is unable to continue, they may redeem their acquired credits at a later date within seven years.
5.Validity of Credit : Students' acquired credits are good for seven years. Nevertheless, depending on the courses or fields, the validity of credits may alter. In such cases, ABC will inform the students of the specifics of the exceptions. Even if a student takes a break from school or is unable to continue, they may redeem their acquired credits at a later date within seven years.
ABC's anticipated effects on the educational system
The UGC anticipates that the ABC's use in the next years will have a favourable effect.
HEIs who participate in the scheme will be highly benefited due to the smooth management of credits. The necessity of the hour is for an inter- and multi-disciplinary approach.
HEIs will be able to assist students in learning the courses of their choosing and turn into "skill-oriented" graduates thanks to the Academic Credit Bank. Visit the official website of the UGC for further information.
How Can MasterSoft Help Institutions Increase the Benefits of ABC?
Since 1992, MasterSoft has been a top edTech supplier in India.
MasterSoft's mission is to improve teaching and learning environments by offering institutions value-based ERP solutions for the education sector.
The MasterSoft Team is aware of the UGC's motivations for creating the Academic Bank of Credits (ABC) and NEP 2020 programmes.
The MasterSoft team provides a variety of ERP modules, including Learning Management Systems, E-learning Software, Online Assessment Software, and more, that could assist HEIs in maximising the benefits.
- building a learning ecosystem that is student-centered
- new approaches to education
- Use recommended methods for choice-based education
- acquire skills in addition to academic excellence
- Getting pupils prepare for the future
The Academic Bank of Credit (ABC) is what, exactly?
Academic Bank of Credits (ABC) is a virtual store that maintains data about the credits earned by students throughout their educational life.
What Purposes Does Academic Bank Of Credit (ABC) Serve?
Functions of ABC include credit accumulation, credit verification, credit transfer, credit redemption, and authentication of academic awards
What Is The Process Of The Academic Bank Of Credit?
Educators can easily implement CBT in simple steps.
- The government creates a credit structure
- Student’s academic bank account is created on a digital portal
- Credits are automatically awarded to the students on completion of the course and on clearing exams
- The institutes fill in details and upload the deposits in the student’s accounts
