Study On The Return Of Higher Vocational College Investment

This thesis centers on the return of investment about higher vocational colleges.The industrialization of higher vocational education is discussed and analyzed in Chapter 1, higher vocational education is proved to be the most suitable for industrialization in all kind of educations. But the target of higher vocational education industrialization is not to pursue the commercial benefit as most enterprises do but to strive for the best social and financial achievement.Chapter 2 is to analyze the return of the investment in higher vocational colleges. First, the basic theory to analyze the return of investment for higher vocational college is introduced and followed by the brief discussion about the necessity to analyze the return of investment for higher vocational colleges. Then opinions about the environment and structure of the investment for higher vocational colleges are presented. In order to observe and study economic benefits of higher vocational college, five indexes are used, five indexes consist of annual income of each student, annual benefit of each student, annual cost of each student, annual benefit of the new capital assets and the benefit of the unit capital assets. According to the calculation, the five indexes in a vocational college of Hunan in 2003 turn out to be 7511 Yuan, 643 Yuan, 6868 Yuan, 1468 Yuan and 3.4% respectively. The major factors that influence the return of the investment in higher vocational college have been analyzed.In chapter 3, in terms of the result the return of the higher vocational college investment, some suggestions are brought up for how to increase the return of the higher vocational college investment.Finally, some conclusions are drawn:1.The higher vocational education has more special industry characteristics than any other tapes of education, which has a close relationship with the market and can be operated by the market mechanism.2.Contrasted with the universities, the higher vocational colleges have less educational capitals, therefore, it can turn out a subscription through the market cooperation and different methods.3. It is suggested that the powerful and foresighted entrepreneurs invested capitals to thehigher vocational education bravely under this current management systems and policies because investing to the higher vocational education will get a high reward through an analysis and calculations from benefits.4. According to our current policies of the higher vocational education and the higher education "cost sharing principle", the tuition fee of the high vocational colleges is rather high. It is reasonable if the fee is more or less 2000 RMB.5.Reform of the personnel system in the higher vocational colleges and strengthening of the management is an effective measure to increase profits of the investment of the higher vocational colleges.