What is exchange program in SAP IS-HER-CM - Student Lifecycle Management?

SAP Term: exchange program

• Component: IS-HER-CM

• Component Name: Student Lifecycle Management

• Description: An agreement between designated universities regarding student exchange in specific academic programs.

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• Key Concepts: 
  Exchange program is a feature of the IS-HER-CM Student Lifecycle Management component of SAP. It enables universities to manage student exchange programs with other universities, allowing students to study abroad and gain international experience. Exchange programs are managed through the SAP system, which allows universities to track student progress, manage payments, and keep track of exchange program agreements. 
  
  How to use it: 
  The exchange program feature of IS-HER-CM Student Lifecycle Management allows universities to manage student exchange programs with other universities. Universities can create and manage exchange program agreements, track student progress, and manage payments. The system also allows universities to monitor the progress of students in their exchange programs and ensure that all requirements are met. 
  
  Tips & Tricks: 
  When setting up an exchange program agreement, it is important to ensure that all requirements are met and that the agreement is properly documented. Additionally, it is important to keep track of student progress in the exchange program and ensure that payments are made on time. 
  
  Related Information: 
  For more information on the IS-HER-CM Student Lifecycle Management component of SAP, please visit the SAP website at https://www.sap.com/products/student-lifecycle-management.html. Additionally, for more information on managing exchange programs with SAP, please visit the SAP Exchange Program Management page at https://help.sap.com/viewer/product/SAP_EXCHANGE_PROGRAM_MANAGEMENT/latest/en-US.