Alternative credentials have become increasingly popular in the higher education sphere, especially in the wake of the global pandemic. While a set definition has yet to be agreed upon, microcredentials can be understood as mini-credits, narrower in range and scope than traditional qualifications. Microcredentials are particularly beneficial when linked to fast-changing industry skills requirements. A microcredential does not award a degree but rather a “credential,” or a type of badge. Coursework is mandatory, and this determines the success of the learner. This makes microcredentials versatile and useful for all types of students, from prior degree holders to market veterans.
https://www.timeshighereducation.com/campus/three-steps-developing-useful-microcredentials