Ho Chi Minh CityCollege of Banking: High Quality Human Resource Development

The Ho Chi Minh City College of Banking, a public college with a history of 29 years, has the mission of training human resources specifically for the banking system and other financial institutions.

 

 

The college, formerly named Ho Chi Minh City High-level School of Banking No. 2, was established on December 16, 1976, in Decision No. 1229/NH-TCCB signed by the Director General of Viet Nam State Bank (the central bank). The college was to provide in-service university education for banking personnel. On May 03, 1980, in Decision No. 149/TTg, the Prime Minister permitted the college to provide regular university education in banking in Ho Chi Minh City. Then, on November 29, 1986, the Director General of Vietnam’s State Bank made a great change to the organization of the college when he renamed the college and promulgated the regulations on the college’s organization. The mission of the college remained providing regular and in-service university education in banking for the southern area of Vietnam.

 

In 1993, according to Decision No. 30/1998/QD-TTg of the Prime Minister on the establishment of the Banking Institute - a body directly belonging to Vietnam State Bank, the Ho Chi Minh-based branch of Centre of Banking Training and Study was re-organized into Ho Chi Minh City Sub-Institute of the Banking Institute. The Sub-Institute has the mission of providing college, university and postgraduate education for Southern Vietnam. On August 20, 2003, at the Prime Minister’s Decision No. 174/2003-TTg, the Sub-Institute was re-structured into Ho Chi Minh City College of Banking with the mission of providing university and post-graduate education. At the moment, there are 140 lectures in the college, of which 24 per cent hold doctorate degrees and 43 per cent hold master degrees. Most of the college’s teachers have taken part in training courses abroad on finance and banking. In addition to the five majors currently provided at the college, including banking credit, accounting and auditing, international finance and banking, stock market, and enterprise finance, from the academic year 2004-2005, three more majors of IT, business administration and English have been started.

 

With three well-equipped training centers downtown and one in Thu Duc District, the college can accommodate up to 8000 regular students. Two new libraries have been completed with 300 seats and 25000 book titles for self-study and reference. An ADSL network of 50 computers is ready for Internet access, and a system of more than 400 high-speed PC’s is available for IT training. The college also has a well-furnished hostel in Thu Duc District which can accommodate up to 2000 students. Another 15-floor hostel is currently being constructed to accommodate about 1900 students in the future.

 

Over the past 29 years, Ho Chi Minh City College of Banking has trained more than 30,000 students for all sectors of the national economy, especially for Vietnam’s banking system. The college has co-operated with various international organizations in projects to develop Vietnam’s banking sector. These projects include a project to develop Vietnam’s banking sector financed by the Swedish government, a training project financed by the French government, and several other projects funded by the Dutch ING Bank, Australian ANZ Bank, and Malaysian May Bank. Recently, with the support from the Ministry of Education and Training, the college has officially signed a co-operation agreement with Bolton University of the UK (one of the four leading universities in the UK).

 

In the years to come, the development strategy of Ho Chi Minh City College of Banking is to develop competent human resources to meet regional and international standards. The strategy is focused on training high-quality human resources. In order to obtain this target, the college is proactively training its lectures and giving priority to recruiting people graduating from famous universities worldwide. In addition, international co-operation in training is another approach to modern training technology with a view to improving the current training method.

 

However, according to Dr. Ngo Huong, a Meritorious Teacher, Vice Director of the college, the scattered facilities of the college are creating great difficulties in developing the college, particularly in managing the students. Therefore, the college is seeking finance to build a modern, well-equipped training campus to serve the mission of training high-quality human resources for the sake of integration of the banking sector in the coming years.