In response to the government’s need for economic development. In 1967, the Department of Industrial Management was founded, and changed its name to the Department of Business Administration in 1974. The Department of International Business was set up in 1976. In 1980, the Department of Accounting was launched which lead to the establishment of the College of Business. Because of the establishment of College of Business, Chung Yuan Christian College of Science and Engineering had been approved by the Ministry of Education to become Chung Yuan Christian University (CYCU). In 1987, CYCU founded the Department of Information Management in response to the advent of information era, and formed the Department of Finance in 2005 to cultivate financial professionals.