Shanghai University of Finance and Economics (SUFE), a historic institution in China, has been committed to higher education for more than a century. The history of SUFE can be traced back to 1917 when a business program was launched at Nanjing Higher Normal School. In 1921, with the aim of training more talented students in the field of commerce, the program was relocated to Shanghai and developed into Shanghai College of Commerce, known as the first college of commerce in China. During the nationwide restructuring of higher education in the 1950s, the College ushered in a glorious period of development, attracting the very best minds and renowned professors, and becoming the only university of finance and economics in eastern China. It has continued to thrive since China’s reform and opening up to the outside world. In 1985 the College was given the name it retains to the present day, Shanghai University of Finance and Economics (SUFE), with an inscription written by Chen Yun, one of modern China’s most influential leaders and the founders of China’s socialist economic construction.


SUFE is a multi-disciplinary university that features the study of economics and management together with  well-developed programs in law, humanities and science. In 1996 SUFE was among the first to be designated as a “Project 211” university, a Chinese government project to build national key universities and colleges. In 2005 the “Innovation Platform of Economics,” launched and developed by SUFE, was sponsored as a 985 Innovative Platforms for Key Disciplines Project, a government project to build world-class universities in the 21st century. In 2007 SUFE participated in a national scheme for building high-level universities. In 2017 it was included in the “Double First-Class” plan, a government initiative to build world-class universities and disciplines in China.


SUFE, built on its own strengths, takes great pride in a host of outstanding and impactful disciplines at home and abroad. In the fourth-round national evaluation, SUFE had two disciplines rated A, one rated A-, and two rated B+. Its Theoretical Economics was selected as a Shanghai Peak Discipline Program for Higher Education Institutions (Class II); its Applied Economics as a Shanghai Peak Discipline Program for Higher Education Institutions (Class IV). According to U.S. News 2019 rankings, SUFE’s Economics and Commerce ranks 156th in the world and 7th in mainland China. In 2019 QS World University Rankings by Subjects, SUFE is listed in the 101-150 band for Econometrics worldwide (6th in mainland China), and in the 151-200 band for Accounting and Finance (7th in mainland China). In Shanghai Ranking’s Global Ranking of Academic Subjects 2018, SUFE was listed in the 51-75 band for Statistics (2nd in mainland China), in the 76-100 band for Finance (2nd in mainland China), and in the 101-150 band for Economics (3rd in mainland China). Besides, SUFE ranked 53rd (2nd in mainland China) in Tilburg University Top 100 of Economics Schools Research Ranking (2013-2017).


For more than a century, SUFE has been following the motto “Integrity and Knowledge in the Service of the Nation.” Building on its specialty and striving for academic excellence, SUFE has continued to explore university reform. We have been pursuing the idea of widening students’ horizons and cultivating integrity and excellence. Undertaking the mission of producing all-round, open-minded and innovative professionals with good character, SUFE has put in place a talent training model characterized by multi-faceted curriculum, diverse paths and individual experience. The University also seeks to further the “Global SUFE” strategy to improve its international education capacity, towards the ultimate goal of fostering talents in the fields of finance and economics with a global vision, national spirit, creativity, decisiveness and leadership.


In this new era, SUFE will continue to enhance its research and academic excellence, achieving the aim of building world-class disciplines, and developing into a world-renowned high-level research university with distinctive edges in finance and economics.

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