,With the changing face of education in India, and as per NEP 2020 guidelines , the Academic Bank of Credits (ABC) has been a revolutionary step towards the increased flexibility and mobility of students among higher educational institutions. It was introduced under the National Education Policy (NEP) 2020 and is a digital credit transfer mechanism that will grant students the liberty to create their own learning route. But what is the Academic Bank of Credits, and how is it helpful for Indian students? Lets find out
What is the Academic Bank of Credits (ABC)?
The Academic Bank of Credits is an online repository where academic credits accumulated by students from different recognized higher learning institutions are safely stored. It is a virtual bank account, but with your academic credits instead of cash!
These credits can be built up, transferred, and exchanged according to the student’s academic requirements. The concept is to offer a flexible curriculum framework so that students can:
• Switch Institutions or Courses: Transfer acquired credits from a different course or institution without losing what they have worked for.
• Earn Multiple Degrees: Build up credits over the years and apply them to earn multiple degrees or certifications.
• Take a Break and Come Back to Study: Students may break off studies because of personal circumstances and continue studying afterwards without losing credits obtained. this is the most revolutionary step in Indian Education system introduced by Govt. Of India through NEP 2020
How Does It Work?
Enrollment: Students register in a university or college that is enrolled in the ABC system.
Credit Earning: Credits are obtained by passing courses.
Credit Storage: These credits are stored in the Academic Bank of Credits digitally.
Credit Transfer: Students are able to transfer these credits if they wish to switch their course or institution.
Credit Redemption: Built-up credits can be redeemed to receive degrees or certifications.
The ABC system is made available on the DigiLocker platform, and it ensures secure and tamper-proof storage of academic documents.
The Web address of Official website of Academic Bank of Credits is https://www.abc.gov.in/
Benefits of Academic Bank of Credits for Indian Students
1. Flexibility in Education
The ABC system allows students to design their educational journeys. They can choose courses from multiple institutions and build a customized curriculum tailored to their career goals.
2. Mobility Across Institutions
Students can seamlessly transfer credits between different universities, making it easier to switch institutions or pursue interdisciplinary programs.
3. Multiple Degree Opportunities
The flexibility to earn and accumulate credits enables students to pursue dual or multidisciplinary degrees, enhancing their skillset and employability.
4. Continuity and Lifelong Learning
With the option to take breaks and resume studies later, students can manage personal commitments without compromising their educational aspirations.
5. Reduced Academic Loss
In traditional systems, students changing courses or institutions often lose credits, leading to a loss of time and effort. The ABC system eliminates this issue, ensuring that credits are carried forward wherever they go.
Which Universities in India Support ABC?
Several prominent universities in India are already onboard with the Academic Bank of Credits initiative, including:
- Aligarh Muslim University (AMU)
- University of Delhi (DU)
- Banaras Hindu University (BHU)
- Jawaharlal Nehru University (JNU)
- Jamia Millia Islamia
- University of Mumbai
- Savitribai Phule Pune University
These institutions are enabling students to take full advantage of the credit transfer system, promoting a more dynamic and flexible approach to education.
Conclusion
The Academic Bank of Credits is revolutionary for Indian higher education, consonant with NEP 2020’s vision of a more flexible, interdisciplinary, and student-centered learning process. It liberates students from the shackles of rigid educational pathways, cuts down on academic losses, and facilitates mobility among institutions.
With the nation’s top universities such as AMU, DU, BHU, and others embracing this system, Indian students are now able to discover multiple learning opportunities, and education becomes a never-ending and enriching experience. Ready to discover more learning tools and resources? Head to cgpaconverter.in today!
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