Credit Transfer
Have your existing skills recognised.
Make your previous learning count!
Claim credit transfer for equivalent units of competency previously completed with AAMC Training or another RTO.
Credit Transfer Process
Definition
Credit transfer is defined in the AQF as follows:
Credit transfer is a process that provides students with agreed and consistent credit outcomes for components of a qualification based on identified equivalence in content and learning outcomes between matched qualifications.
This is underpinned by the AQF definition of credit as follows:
Credit is the value assigned for the recognition of equivalence in content and learning outcomes between different types of learning and/or qualifications.
Credit reduces the amount of learning required to achieve a qualification and may be through credit transfer, articulation, recognition of prior learning or advanced standing.
Eligibility
You can claim credit transfer for equivalent units of competency that you have previously completed with AAMC Training or another RTO.
During the enrolment process you will be prompted to provide a copy of your USI transcript, record of results or statement of attainment. Once authenticity and validity of the records are confirmed, credit transfers will be granted.
Acceptance
- AAMC Training Group will accept and mutually recognise the decisions and outcomes of any RTO or body in partnership with an RTO, thereby ensuring mutual acceptance throughout Australia of the qualifications and Statements of Attainment awarded by other RTO’s or AQF authorised issuing organisations.
- AAMC Training Group recognises AQF certification documentation from other RTOs, and authenticated VET transcripts issued by the Registrar. After review and verification of authenticity and validity credit to all relevant units of competency/modules will be applied.
- Credit Transfer applies when the certification documentation provided by the client contains the same national competency code as those that form part of the training and assessment program offered by AAMC Training Group.
Documentation
To be eligible for credit transfers you must provide:
- Your USI transcript with a QR code to confirm authenticity
OR
- A copy of your Qualification with the record of results detailing the units of competency achieved
AND
- Privacy disclosure form
Credit Transfer Process and Application
You will have the opportunity to apply for credit transfer and upload your evidence during the enrolment process. You can also submit an application for credit transfer post enrolment via the learner portal.
Steps
- Submit your credit transfer evidence for review upon enrolment OR upload via the learner portal to the credit transfer section in your portfolio.
- Documentation is reviewed by an AAMC Training team member.
- Upon confirmation of authenticity, credit transfers will be applied and exemptions granted for any associated assessments.
Frequently Asked Questions
What are CPD hours?
Continual Professional Development (CPD) provides each individual with a framework within which they must take responsibility for their own learning. A number of associations have CPD programs in place and the CPD has become a legal requirement in many sectors of the finance industry. Hours are awarded for each activity and these hours are set by the relevant associations or the regulatory bodies pertaining to the relevant profession.
What does RPL mean?
Recognition of prior learning (RPL) is the term given to the process of formally recognising the current competency of an individual.
See more information about the RPL process here.
Are our courses nationally recognised?
AAMC Training Group is a wholly Australian owned Registered Training Organisation (RTO number 51428), operating nationally and internationally.
Will my course be accepted and recognised by my association?
All our qualification courses are nationally recognised and accredited by both the FBAA and MFAA.
Our Partners
AAMC Training Group is proud to be associated with the following organisations:
