A Research On The Calculation Of Education Cost For Xiangnan Polytechnic

The high demand for advanced vocational talents from the society and the government’s relevant policies have both provided opportunities and brought challenges to the development of higher vocational education. In a market economy, a critical part of management reform of higher vocational education is how to apply enterprise management strategies and therefore improve education cost efficiency. Education cost has become a focus of attention of many concerning parties, as it demonstrates the resources consumed by college management and hence serves as vital information to college administrators, investors, government agencies, student families and other related parties. Therefore, it is imperative to implement the calculation system of education costs in higher vocational colleges.This paper is based on the Marx’s cost theories, human capital investment theories, education costs sharing theories, as well as modern cost management theories. First, this paper analyzes the current situation of higher vocational colleges’education cost calculation in China, based on which some theoretical concepts have been developed, such as connotation of education costs, the subjects of cost calculation, objects of cost calculation, period of cost calculation and cost items. Then it proposes the procedure and method of a single-track system of education cost calculation in higher vocational colleges and applies them to the empirical research of one college. Finally this paper provides suggestions about education cost calculation in higher vocational colleges from the perspectives of improving security mechanism as well as lowering education costs.