The Central University of Finance and Economics (CUFE) is a

public In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociology, sociological concept of the ''Öf ...

finance and economics university located in

Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...

China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

. Affiliated with the

Ministry of Education of China The Ministry of Education of the People's Republic of China is a constituent department of the State Council, responsible for basic education, vocational education, higher education, and other educational affairs throughout the country. The ...

, the university is co-sponsored by the

Ministry of Education An education ministry is a national or subnational government agency politically responsible for education. Various other names are commonly used to identify such agencies, such as Ministry of Education, Department of Education, and Ministry of Pub ...

, the

Ministry of Finance A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfoli ...

, and the Beijing Municipal People's Government. The university is part of the

Double First-Class Construction The World First-Class Universities and First-Class Academic Disciplines Construction (), together known as Double First-Class Construction (), is a higher education development and sponsorship scheme of the Chinese central government, initiated ...

and

Project 211 Project 211 ( zh, c=, links=no, s=211工程) was a higher education development and sponsorship scheme of the government of China for "preparing approximately 100 universities for the 21st century", initiated in November 1995. There were 115 ...

. CUFE is the first economics and management university which was founded by the China Central Government. The university emphasizes the disciplines of economics, management, law, literature, philosophy, science, engineering, pedagogy and art.

History

In 1949, shortly after the founding of the People's Republic of China, CUFE (then called Central School of Taxation), the first university of finance and economics in the Republic, was created by the China Central Government. In 1952, the faculties and staffs of economics of

Peking University Peking University (PKU) is a Public university, public Types of universities and colleges in China#By designated academic emphasis, university in Haidian, Beijing, China. It is affiliated with and funded by the Ministry of Education of the Peop ...

Tsinghua University Tsinghua University (THU) is a public university in Haidian, Beijing, China. It is affiliated with and funded by the Ministry of Education of China. The university is part of Project 211, Project 985, and the Double First-Class Constructio ...

Yenching University Yenching University () was a Private university, private research university in Beijing, China, from 1919 to 1952. The university was formed out of the merger of four Christian colleges between the years 1915 and 1920. The term "Yenching" come ...

, and Fu Jen Catholic University are merged into CUFE. Formerly known as Central School of Taxation, it went through several stages of development, from Central Institute of Finance, Central Institute of Finance and Economics, to Central Institute of Finance and Banking. In 1996, the institute was officially renamed as Central University of Finance and Economics (CUFE) under the direct leadership of the Ministry of Education. CUFE upholds "loyalty, unity, truth and innovation" as its motto, adhering to the philosophy of "pursuing truth and excellence". With over 125,000 graduates, CUFE is known as "the Cradle of Giants in the Field of Finance and Management". In 1999, the Communist Party former

general secretary Secretary is a title often used in organizations to indicate a person having a certain amount of authority, Power (social and political), power, or importance in the organization. Secretaries announce important events and communicate to the org ...

Jiang Zemin Jiang Zemin (17 August 1926 – 30 November 2022) was a Chinese politician who served as General Secretary of the Chinese Communist Party, general secretary of the Chinese Communist Party (CCP) from 1989 to 2002, as Chairman of the Central Mil ...

, gave CUFE his autograph to celebrate the 50th birthday of the university.

Key disciplinary areas

World-class Discipline honored by the Ministry of Education: Applied Economics, which includes National Economics, Regional Economics, Public Finance, Finance, Industrial Economics, International Trade, Labor Economics, Statistics, Quantitative Economics, Defense Economics, Governmental Economics and Management, Investment, Media Economics, Insurance, Actuarial Science, Security Investment, International Finance, Financial Engineering, Taxation. National Key Disciplines honored by the Ministry of Education: Applied Economics, National Economics, Regional Economics, Public Finance, Finance, Industrial Economics, International Trade, Labor Economics, Statistics, Quantitative Economics, Defense Economics, Accounting. Municipal Key Disciplines honored by the Beijing Government: Business Administration, Statistics, Political Economics, World Economics, Chinese Marxism, Economic Information Management, Management of Multinational Company Key Research Base of the Ministry of Education: China Institute of Actuarial Science

Organization

Central University of Finance and Economics has four

campus A campus traditionally refers to the land and buildings of a college or university. This will often include libraries, lecture halls, student centers and, for residential universities, residence halls and dining halls. By extension, a corp ...

es in Beijing (Civil Campus, Shahe Campus, Qinghe Campus and Xishan Campus) and operates 38 correspondence centers in 18

provinces A province is an administrative division within a country or state. The term derives from the ancient Roman , which was the major territorial and administrative unit of the Roman Empire's territorial possessions outside Italy. The term ''provi ...

municipalities A municipality is usually a single administrative division having municipal corporation, corporate status and powers of self-government or jurisdiction as granted by national and regional laws to which it is subordinate. The term ''municipality' ...

and autonomous regions across China. The schools, centers, institutes and academies of CUFE are listed below.

Schools

*School of Public Finance and Tax *School of Finance *School of Accountancy *School of Insurance *School of Statistics and Mathematics *School of International Trade and Economics *School of Economics *Business School *School of Management Science and Engineering *School of Government *School of Sport Economics and Management *Law School *School of Sociology and Psychology *School of Marxism *School of Culture and Communication *School of Foreign Studies *School of Information

Institutes

*Institute for Finance and Economics Research *Institute of Defense Economics and Management * International Institute of Green Finance

Centers

*Center for China Fiscal Development *China Center for Human Capital and Labor Market Research

Academies

*China Economics and Management Academy *Chinese Academy of Finance and Development *China Academy of Public Finance and Public Policy

Faculty and staff

As of September 2017, Central University of Finance and Economics has 1,759 faculty and staff (1178 full-time teachers). Among full-time teachers, there are 293 professors, 451 associate professors and 434 assistant professors and lecturers. In the recent three years (2015–2017), the newly hired faculty members of CUFE are mainly graduated from world-renowned universities.

Students

Currently there are 16,258 students registered at Central University of Finance and Economics, including 10,123 undergraduates, 5,358 masters, 777 PhD candidates. CUFE has trained more than 125,000 experts in

economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ...

and

management Management (or managing) is the administration of organizations, whether businesses, nonprofit organizations, or a Government agency, government bodies through business administration, Nonprofit studies, nonprofit management, or the political s ...

who have made, and continue to make, significant contributions to the

development Development or developing may refer to: Arts *Development (music), the process by which thematic material is reshaped * Photographic development *Filmmaking, development phase, including finance and budgeting * Development hell, when a proje ...

of China. Many CUFE alumni hold key positions in government, such as the vice premier of the Central Government, the minister of finance, the central bank governor. In the recent three years (2015–2017), more than 50% of the undergraduate students of CUFE will pursuit a master's or doctoral degree after graduation.

Rankings and reputation

Central University of Finance and Economics has been regarded as the best university in

finance Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Admin ...

, business and management of China, which is known as "the Cradle of Giants in the Fields of Finance and Management". ''In The Report of Chinese Universities and Courses evaluation'' of 2017–2018 (released by Research Center for China Science Evaluation), Central University of Finance and Economics was ranked No.1 among 67 finance and economics universities in mainland China.The Report of Chinese Universities and Courses Evaluation According to ''2018 China College Rankings By Salary'', the average salaries of CUFE graduates is ranked No.9 in China. In the Assessments of Ministry of Education, the Applied Economics of CUFE is ranked as No. 1 in China, tired with the

and the

Renmin University of China The Renmin University of China (RUC) is a public university in Haidian, Beijing, China. The university is affiliated with the Ministry of Education, and co-funded by the Ministry of Education and the Beijing Municipal People's Government. The ...

. As of 2022, Central University of Finance and Economics ranked the best in Beijing and 2nd nationwide among universities specialized in finance, business, and economics in the recognized Best Chinese Universities Ranking. CUFE ranks in the global top # 33 in "Finance", top # 101 in "Economics", top # 301 in "Business Administration", top # 301 in "Political Science", and top # 301 in "Management" by the

Academic Ranking of World Universities The ''Academic Ranking of World Universities'' (''ARWU''), also known as the Shanghai Ranking, is one of the annual publications of world university rankings. The league table was originally compiled and issued by Shanghai Jiao Tong Universi ...

(ARWU) by Subjects. As of 2024, the U.S. News & World Report Best Global University Ranking ranked CUFE at #108 globally and 24th in Asia in "Economics and Business" subject.

Notable alumni

International cooperation

As of 2017, Central University of Finance and Economics has cooperation with 126 universities, governments, international organizations and companies abroad. Started in 2006, asked to help the China's Central Government, CUFE has trained thousands of senior administration officials from 91 developing countries. CUFE has cooperation with many universities all over the world, such as

University of Waterloo The University of Waterloo (UWaterloo, UW, or Waterloo) is a Public university, public research university located in Waterloo, Ontario, Canada. The main campus is on of land adjacent to uptown Waterloo and Waterloo Park. The university also op ...

University of Birmingham The University of Birmingham (informally Birmingham University) is a Public university, public research university in Birmingham, England. It received its royal charter in 1900 as a successor to Queen's College, Birmingham (founded in 1825 as ...

Tilburg University Tilburg University is a Catholic research university specializing in the social and behavioral sciences, economics, law, business sciences, theology and humanities, located in Tilburg, Netherlands. Tilburg has a student population of about 19,1 ...

Stevens Institute of Technology Stevens Institute of Technology is a Private university, private research university in Hoboken, New Jersey. Founded in 1870, it is one of the oldest technological universities in the United States and was the first college in America solely de ...

, Victoria University, Academy of Finance of the Russian Federation, St. Petersburg State Economic University, Ukraine Kyiv National University of Economics, Chung-Ang University,

Tunghai University Tunghai University (THU; ) is a private university in Xitun District, Taichung, Taiwan, established in 1955. It was founded by the United Board for Christian Higher Education in Asia (UBCHEA). The university is known for its liberal arts educati ...

Ming Chuan University Ming Chuan University (MCU; ) is a private university with four campuses in Taipei, Taoyuan and Kinmen in Taiwan, as well as one in Michigan, United States. MCU also has international education centers in Japan, Korea, Vietnam, and Thailand. ...

, Kyungnam University, Soochow University, University of Pernambuco. CUFE has cooperation with international organizations as well, such as the

Institute and Faculty of Actuaries The Institute and Faculty of Actuaries is the professional body which represents and regulates Actuary, actuaries in the United Kingdom. History The Institute and Faculty of Actuaries came into being on 1 August 2010 as a result of the merger of ...

(IFoA), the

Chartered Insurance Institute The Chartered Insurance Institute (CII) is a professional body dedicated to building public trust in the insurance and financial planning profession. The CII's purpose, as set out in its 1912 royal charter, is to 'Secure and justify the conf ...

, the

Australian and New Zealand Institute of Insurance and Finance The Australian and New Zealand Institute of Insurance and Finance (ANZIIF), also known as ''the Institute'', is a professional association and education provider for the insurance and financial services industry in the Asia-Pacific region. ANZ ...

. CUFE also has many cooperations with some international companies, such as Zurich Financial Services Group,

AXA Axa S.A. is a French multinational insurance corporation headquartered in the 8th arrondissement of Paris. It also provides investment management and other financial services via its subsidiaries. As of 2024, it is the fourth largest financi ...

, National Union Life and Limb Insurance Company. In 2013, CUFE has launched a

Confucius Institute Confucius Institutes (CI; ) are public educational and cultural promotion programs of the state of China. The stated aim of the program is to promote Chinese language and culture, support local Chinese teaching internationally, and facilita ...

in the University of Pernambuco, Brazil.

Courses

Grades

References

External links

Central University of Finance and Economics Official Website

Research for China Science Evaluation Official Website
{{authority control Business schools in China Universities and colleges established in 1949 Universities and colleges in Beijing 1949 establishments in China Plan 111 Universities and colleges in Haidian District