A Review of Technological and Vocational Education Upgraded in Taiwan based on Risk Management, Insurance and Finance Education

Abstract

It is a fact that the rapid growth of technological and vocational education in Taiwan is causing a significant structural change in higher education. The main objective of this paper is to study the upgraded effects that affect the planning for the RMI-related departments in the technological and vocational education. Using paired-samples T test, ANOVA and regression method, the effects from junior college upgraded to technological college issues are empirically analyze to investigate the factors from upgraded. Our results show that the decrease of student numbers isn’t significance, and the increase of the RMI course numbers, departments and teacher numbers were significant when junior colleges upgraded to technological colleges. These results also provide that the RMI courses are positively associated with the upgrade, student numbers and department numbers, and negatively related with teacher numbers. The result of this is that the change risk of technological and vocational education has become an important factor in reform and developing of Taiwan’s higher education. Keywords: Technological and Vocational Education, Risk Management Education