1 / 5

Business Education: Past, Present, and Future

The 19 th PBFEAM Conference. Business Education: Past, Present, and Future. William T. Lin Professor of Finance, Tamkang University Director, Center for Greater China’s Financial Markets 2011.07.09. Business Education in Taiwan Before.

Leo
Download Presentation

Business Education: Past, Present, and Future

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The 19th PBFEAM Conference Business Education: Past, Present, and Future William T. Lin Professor of Finance, Tamkang University Director, Center for Greater China’s Financial Markets 2011.07.09

  2. Business Education in Taiwan Before • Students– small in number and preparation, but high in morale. Students’ education can catch economic development. • Faculty – less qualified, but more in demand. Not many professors have extended business exposure. But they are needed much by students and industries. • Job Market – demanding more than supplied. The economy’s momentum is built on the talent of business school graduates. • Contributions – higher than expectation. So business education pays!

  3. Business Education in Taiwan Now • Students – more in number than industries need, as many colleges emerge and business schools increase number of departments and student enrollments. • And • Faculty – more qualified than students need. Many more PhD graduates from domestic and foreign universities are recruited to business schools. • Plus • Job Market – less developed than needed. The economy does not offer strong potentials to business graduates! • So • Contributions – falling short of expectations. So pay is low!

  4. What Should We Expect • Uneven student qualities – due to diminishing numbers. There will be a big drop in 2015. • Dissatisfied graduates – due to stagnant pay. Students will be less motivated! • Unmotivated faculty – due to lower expectation from students. Teaching has to be reengineered. • Impractical education – due to unmatched demand (job market) and supply (graduates). Business schools need to collaborated with industries to reshape the profile of business education.

  5. What Can Be Done • More Diverse Courses – to compensate for student quality. Business school curriculum has to be modified to adapt to Taiwan’s service-oriented economic model. • More Practical Courses – to raise productivity and pay. Students need to be trained for practical skills before graduation. • Fewer programs – to concentrate learning. Number of academic programs should go down for business schools to be more focused! • Better Textbooks – to fit the education. Content should be more relevant to Taiwan’s business environment.

More Related