The Study On Individual Investment Decision Of Post-graduate Education

As the principal part of human capital investment,there are some elements such as cost,revenue and risk and so on in the individual investment of China post-graduate education.Under the condition of considering education as investment activity as well as consume,we take theories of educational demand-supply,human capital investment,financial analysis and consumer behavior as foundation.What's more,we set up a sensible mechanism of strategic analysis and operational application in individual postgraduate investment by systematically studying the cost, revenue and all sort of uncertainties,and educational demand-supply environment.In order to distribute post graduate education resource,we make standards of human resource market activities and improve the postgraduate investment,this article has some principle and practical meanings.Through systematic analysis on the demand tendency for specialized talents in the process of optimization and promotion for Chinese industry structure,this article firstly pointed out the questions,which appeared in the individual investment on current postgraduates' education.Secondly,it measured the individual investment returns ratio and payback period via combing the cost and income data of current postgraduates' education individual investment,taking the supposition that people are all economic man as the foundation,discussing the reasonable determination for individual investment basic discount rate as premises;Thirdly,using the AHP (analytic hierarchy process)to quantify the individual investment risk as foundation, it carried on the sensitive analysis on the uncertain elements of Net-Present-Value in individual postgraduate investment decision.And by utilizing the probability analysis method as foundation,it carried on the reasonable measurement to the risky income as well.Only in the above ways can we achieve the systematic analysis and application on the decision of individual postgraduate educational investment, enhance the accuracy of the investment decision,and avoid haphazard investmentGenerally speaking,through the systematical analysis of the individual postgraduate educational strategies,the economic utility of individual investment not only need investors to carry on the investment decision earnestly and rationally,but also need this kind of education develop consistently with the economic society.So the specialty establishment,the personnel training and the developing scale can coordinate with Chinese economical industrial development.Thus,the human capital investment of individual postgraduate can realize optimization with the economic and non-economic efficiency,and provide the safeguard for supplies and reserves of Chinese talents with top level and high grade.