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School Profile

  The School of Finance (SF) at the Central University of Finance and Economics (CUFE) boasts one of the most important domestic, financial education bases, established immediately after the founding of the People's Republic of China. SF developed into its present shape from its predecessor, the Department of Finance at the Central Institute of Taxation, founded in 1951. Over the past 60 years, SF has turned out more than 20,000 professionals serving the financial, insurance and trade sectors, among them many were/are the backbones of governments at various levels; national, financial institutions; and enterprises. In parallel with its performance in fostering professional elites, SF has made outstanding achievements in academic research and social services, thus fulfilling its designated role in the development of the finance discipline in the Chinese higher education system.

 
  The study of the finance discipline at SF was approved by the Ministry of Education as a national key discipline in 2002. In 2007, it passed the assessment of Ministry of Education and won the title once again.
 
  SF consists of four departments (the Department of Finance, the Department of Applied Finance, the Department of Financial Engineering, and the Department of International Finance) and several research institutions (the institute of Securities and Futures, the Center for International Finance Studies, the Center for Chinese Banking Studies, and the Mintai Institute of Finance). SF offers courses for all three levels of students: undergraduates, postgraduates and doctoral students. There are two undergraduate programs (Finance and Financial Engineering), three graduate programs (Finance, International Finance, and Securities investment), one professional masters program (Finance) and one doctorate program (Finance). SF also contains a center for post-doctoral studies in finance (under the subject of Applied Economics)
 
  Currently, SF is home to 1200 students, including more than 60 overseas students. Of these, over 700 are undergraduates with around 500 postgraduates and Ph.D students. In addition, there are over 100 part-time students studying for their Master’s degree at SF.
 
  Students in SF have been blessed with an illustrious team of faculty. At present, SF has 45 full-time teachers, including 18 professors, 18 associate professors and 9 lecturers. SF has always attached great importance to the development of its faculty. The last century saw the presence of a high-quality teaching team, represented by such eminent professors as Liu Guangdi, Yu Tianyi, Zhang Wenyu and Wang Peizhen, who made great contributions to the development of the Department of Finance, the predecessor of SF. Recent years have witnessed the formation of an excellent faculty led by Professor Wang Guangqian. Of the current professors, two have become members of the "New Century National ‘Millions of Talents’ Project"; one received the title of “Nationally Renowned Teacher” of higher education institutions; six have been awarded the “Special Governmental Allowance of the State Council”; two are lecture professor of the “Cheung Kong Scholars”; five secured entry into the “Program for New Century exemplary Talents” from the Ministry of Education; and three have been designated as “Trans-Century Academic trendsetter” by the Ministry of Finance. In addition, SF has built a National exemplary Teaching Team made up mostly of teachers from the Department of Finance. To further benefit students, SF has employed a number of national and international economists, scholars and experts as honorary professors or lecture professors, including Joseph Stiglitz, Ronald McKinnon, John Williamson, Wing Thye Woo, Barry Eichengreen,Dai Xianglong, Wu Xiaoling, Wu Nianlu and Li Yang.
 
  The formidable faculty has received a large number of accolades as a result of the fruits of their teaching and research, namely “First Prize of National Education Achievement", “The National Top-Level Course”, “Beijing Top-Level Course”, “National Bilingual Demonstration Course”, etc. (for details, see Column One). Over the past five years, teachers at SF have completed more than 60 research projects commissioned by national, ministerial and provincial authorities or funded by enterprises; published more than 1,000 papers and over 140 monographs, teaching materials and reference books, etc. Equally impressive is the contribution by SF faculty to social services. The teachers have been taking the initiative to participate in government decision-making and business consulting and training for all categories of personnel at every level, and their performance has been widely recognized. In addition to the profound domestic presence, SF’s international influence has been growing steadily. It has established close relationships with a wide range of overseas colleges/universities, research institutions, academic societies and governmental authorities, promoting academic exchange and educational cooperation.
 

  On the occasion of the 60-year anniversary of CUFE, Mrs. Liu Yandong, State Councilor and Member of the Political Bureau of the Central Committee of the Chinese Communist Party, visited SF to follow the development of the finance discipline. She spoke highly of the progress SF had made in advancing the discipline and encouraged all members of the school to continue its great tradition and carry out innovations for the final purpose of shaping itself into an elite school with international fame and eye-catching characteristics.