top of page
Academic Credit Bank System
Fashion Design Department                                                                             

We are an officially accredited vocational institute for 

higher education. Moreover, we are a time-honored and 

prestigious school of fashion. 

 

The information below is retrieved from a website of the government organizations involved, such as the 

Ministry of Education, Science and Technology; the National Institute for Lifelong learning; and the Provincial 

Offices of Education. 

http://www.cb.or.kr/creditbank/info/info7_1.do 

What is the Academic Credit Bank System 

"The Academic Credit Bank System (ACBS) is an open educational system which recognizes diverse learning 

experiences gained not only in-school but also out-of-school. When a learner accumulates the necessary ACBS-approved 

credits, he/she can be awarded a degree"(About ACBS page on the website). 

Background 

"Previously, non-formal modes of higher education were not given official recognition or credit, since higher 

education was understood as the sole domain of the formal school system. Such a belief placed inordinate 

demands on the university system and created excessive competition among students. Moreover, the value and 

power of non-formal education was greatly underestimated"(About ACBS page on the website). 

 

"The Presidential Commission on Education Reform (PCER), in May 1995, presented an innovative vision 

of a new education system which promotes the development of an open and lifelong learning society. The 

introduction of the Academic Credit Bank System was proposed by the PCER as a tangible means of realizing 

this vision"(About ACBS page on the website). 

 

"On the basis of this proposal, the Academic Credit Bank System gained government endorsement through 

a legal act, ratified by the Act on Recognition of Credits.etc on January 13, 1997. Between May and 

December 1997, the accreditation system and standardized curriculum were developed and the first proposal 

for accreditation of educational institutes and curricula were evaluated. In March 1998, with effective of 

Enforcement Degree and Regulations of the Act on Recognition of Credits.etc, the first stage of implementation 

was begun"(About ACBS page on the website)

Registration of 

applicants 

Request for Recognition 

of Credits 

Request for an 

Academic Degree

Acquisition of a 

Bachelor’ degre

Type
Recognition of Credits

RASARA Fashion Design Institute Copyright © RASARA61.com.

  • Twitter Clean
  • YouTube Clean
bottom of page