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The Credit Matrix is an innovative system designed to recognize and validate students' achievements over time, across various providers and sectors. It prioritizes a student-centered focus, offering improved information for students and employers, better course development, and streamlined credit transfers. The OECD report highlights four key connectors between qualification systems and lifelong learning, which the Credit Matrix supports. By linking levels to learning outcomes and assigning point values to recognize learning efforts, the matrix fosters effective credit recognition, enhancing opportunities for all learners.
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Why the Credit Matrix? Mature learning markets needs a credit system to recognise students’ achievements over time, across sectors and from different providers. The Credit Matrix is a system that allows this to occur, it aims to provide: • A student focus not a sector focus • Better information for students and employers • Better development of courses and articulated qualifications • Better credit transfer
International context • OECD report Education and Training Policy Qualifications Systems: Bridges to Lifelong Learninghas identified 4 strong ‘connectors’ between a qualifications system and lifelong learning: • Establishing a qualifications framework • Optimising stakeholder involvement in qualification systems • Providing credit transfer • Recognising non-formal and informal learning • Australia already has two ‘connectors’ • The Credit Matrix will enable the other two
Credit Matrix basics Points = volume of learning • Most senior secondary, VET units now have levels, points allocated by the VRQA (20,000units) Level = complexity of learning outcomes Unit = smallest part of a qualification
Levels • Describe the kinds of things learners would be able to do if they successfully achieve the outcomes of a unit at a specified level • Indicate complexity of learning outcomes, from Enabling (lowest) to 8 (highest) • Each level has: • a summary descriptor • a detailed descriptor, based on knowledge and skills, application and degree of independence
Points • Points are awarded to a learner in recognition of the achievement of designated learning outcomes at a specified level. • 1 point = 10 hours of average designed learning time (international standard) • Average of designed learning time includes: • attending lectures, tutorials, structured training sessions and doing online learning • doing private study • applying and refining the skills and knowledge • doing revision, being assessed and receiving feedback • Student effort (points) vs Teacher effort (nominal hours)
Qualification profiling with levels, points Example: Advanced Diploma of Business (Operations Management) Profile Unit levels & points
Example: Qualification credit profile Profile Example: Advanced Diploma of Business (Operations Management) Points at each level 3 4 5 6 Level
Example: Points, levels for an I.T. qualification Points Levels Basis for credit transfer discussion
Overseas credit-based systems Note: For volume, all systems use 1 point = 10 hours average learning time