Shanghai University of Finance and Economics

The Shanghai University of Finance and Economics (SUFE, Chinese: 上海财经大学) is a public university of finance and economics in Shanghai, directly administered by the Ministry of Education and included in Project 211 and the Double First-Class initiative, with a lineage that begins in the commerce section opened at Nanjing Higher Normal School in 1917.上海财经大学（Shanghai University of Finance and Economics，简称 SUFE）是位于上海的公立财经大学，直属教育部，列入“211 工程”与“双一流”建设，学统可追溯到 1917 年南京高等师范学校开设的商科。

Its main campus stands at 777 Guoding Road in Yangpu District, the university holds 826 mu of land across three campuses, and in 2016 it counted 21,355 students and 1,044 full-time teachers.主校区位于杨浦区国定路 777 号，全校三个校区合计占地 826 亩，2016 年在校生 21355 人、专任教师 1044 人。

In the 2027 cycle it is placed in the 1201-1400 band of the QS World University Rankings, is absent from the 2027 Times Higher Education table, ranks 721st in U.S. News for 2026-27 and sits in the 901-1000 band of the 2026 Academic Ranking of World Universities.在 2027 榜单周期中，该校位列 QS 世界大学排名 1201-1400 区间，未进入 2027 年泰晤士高等教育世界大学排名，2026-2027 年度 U.S. News 全球榜单位列第 721 名，2026 年软科世界大学学术排名处于 901-1000 区间。

History

• The institution began in the autumn of 1917 as the commerce section of Nanjing Higher Normal School, the first business programme attached to a Chinese normal school, with the social activist Yang Xingfo as its head.学校始于 1917 年秋南京高等师范学校设立的商科，这是中国师范院校中第一个商科，由社会活动家杨杏佛出任商科主任。

• That section answered a concrete demand: the young republic lacked trained bankers, auditors and customs clerks, and normal-school graduates who could teach commerce were scarcer still.这一设置回应了现实需求：民国初年缺少受过训练的银行、审计与海关人员，能教商科的师范毕业生更是稀缺。

• In 1921, as Nanjing Higher Normal School was being rebuilt into National Southeastern University, the commerce section moved to Shanghai and became the Shanghai College of Commerce, a constituent college of the new university.1921 年，随着南京高等师范学校改组为国立东南大学，商科东迁上海，成立国立东南大学分设上海商科大学。

• Guo Bingwen, the university's president, and Ma Yinchu, its dean of studies, ran the Shanghai college, which is remembered in Chinese education history as the country's earliest university-level school of commerce.该校由国立东南大学校长郭秉文兼任校长、经济学家马寅初任教务主任，在中国教育史上被记作最早的大学层次商科学校。

• Shanghai was the obvious site, because the city's banks, exchanges, shipping houses and foreign firms concentrated the demand for commercial training in a way no inland capital could match.选址上海顺理成章：这座城市的银行、交易所、航运公司与洋行高度集中，对商科人才的需求远非内地城市可比。

• In 1928 the college was renamed the School of Commerce of National Central University, following the reorganisation that turned Southeastern University into Central University.1928 年，随着国立东南大学改组为国立中央大学，商科改称国立中央大学商学院。

• Four years later, in 1932, the school separated from Central University and became the National Shanghai College of Commerce, the only national undergraduate institution devoted to commerce in the country.四年后的 1932 年，商学院从中央大学划出独立，定名国立上海商学院，成为当时国内唯一的国立商科类本科高校。

• In 1934 Ma Yinchu inscribed the phrase "jingji kuangshi" for a graduates' commemorative volume, a formula that later became half of the university's motto.1934 年，马寅初为毕业生纪念刊题写“经济匡时”，这一提法后来成为该校校训的后半句。

• The outbreak of full-scale war with Japan in 1937 disrupted teaching and forced the college to operate under wartime conditions, and normal academic expansion resumed only after 1945.1937 年全面抗战爆发，教学秩序被打乱，学院在战时条件下勉强维持，正常的学术扩张要到 1945 年之后才恢复。

• After the Communist victory of 1949 the college passed to the new state, and in 1950 it was renamed the Shanghai College of Finance and Economics, a title that reflected the planned economy's need for finance cadres.1949 年共产党取胜后，学院归入新政权，1950 年更名为上海财政经济学院，这一名称折射出计划经济对财政干部的迫切需求。

• The 1952 national reorganisation of higher education was the decisive merger: finance and economics departments from 15 institutions in East China were folded into the college, together with the Lixin Accounting College.1952 年全国院系调整是决定性的合并：华东地区 15 所院校的财经系科并入该院，立信会计专科学校同时并入。

• That merger made Shanghai the undisputed centre of accounting and public-finance teaching in East China, and gave the school a faculty large enough to serve the state's economic ministries.这次合并使上海成为华东会计与公共财政教学的重镇，也使学校拥有足以服务国家经济部门的师资规模。

• For the next quarter century the college trained accountants, statisticians and planners for state enterprises, and like most Chinese universities it was disrupted during the Cultural Revolution.此后二十余年，学院为国家企业培养会计、统计与计划人员；与多数中国高校一样，“文化大革命”期间办学遭到中断。

• Teaching was restored in 1978 as China began its reform era, and the college's curriculum shifted from Soviet-style planning toward market economics, auditing and corporate finance.1978 年中国进入改革开放，学校恢复办学，课程从苏联式计划体系转向市场经济、审计与公司金融。

• In 1985 the institution took its present name, Shanghai University of Finance and Economics, a change that signalled its ambition to become a full university rather than a specialised college.1985 年学校定名上海财经大学，这一改动表明它要从专科性学院迈向完整大学。

• It entered Project 211 in 1997, the year the central government began concentrating resources on about one hundred key universities.该校于 1997 年进入“211 工程”，正是中央政府开始把资源集中投向约百所重点高校的年份。

• In 2000 the university passed from the Ministry of Finance to the Ministry of Education, and it is now jointly built by the Ministry of Education, the Ministry of Finance and the Shanghai municipal government.2000 年学校由财政部划归教育部领导，现由教育部、财政部与上海市人民政府共建。

• In September 2017 SUFE was named a Double First-Class university with applied economics as its designated discipline, in the same season that it marked its centenary.2017 年 9 月，该校以应用经济学为建设学科入选“双一流”，同年恰逢建校一百周年。

• When the second round of the Double First-Class list appeared in 2022, applied economics was retained without addition, the university's only designated discipline.2022 年第二轮“双一流”名单公布时，应用经济学继续入选且未增列其他学科，仍是该校唯一的建设学科。

• Shanghai Metro Line 18 opened a station named after the university at the end of 2021, putting the main campus on the city's rapid-transit map and shortening the trip to the historic centre.2021 年底上海地铁 18 号线开通以校名命名的“上海财经大学”站，主校区由此接入城市轨交网，前往市中心的时间明显缩短。

• In 2024 the university offered 2,015 undergraduate places nationwide, a deliberately small intake taught in classes of no more than fifty students.2024 年该校在全国投放本科招生计划 2015 个，规模刻意保持精简，班级编制不超过 50 人。

Academics

• Teaching is organised in schools of economics, finance, accounting, business, public economics and management, statistics and management, information management and engineering, law, humanities, foreign languages, mathematics and Marxism.教学单位包括经济学院、金融学院、会计学院、商学院、公共经济与管理学院、统计与管理学院、信息管理与工程学院、法学院、人文学院、外国语学院、数学学院与马克思主义学院。

• Applied economics is the university's Double First-Class discipline, and the school's identity rests on the trio of finance, accounting and public finance rather than on a broad science base.应用经济学是该校“双一流”建设学科，学校的气质建立在金融、会计与公共财政三大板块之上，而非宽泛的理科基础。

• In the fourth round of the Ministry of Education's discipline evaluation, applied economics and business administration were graded A, statistics A-, theory of economics B+ and law B.在教育部第四轮学科评估中，应用经济学与工商管理获评 A，统计学获 A-，理论经济学获 B+，法学获 B。

• Four disciplines hold national key status, accounting, the history of economic thought, public finance and finance, while accounting, public finance, statistics and industrial economics are designated key fields of the Ministry of Finance.会计学、经济思想史、财政学与金融学为国家重点学科，会计学、财政学、统计学与产业经济学则被列为财政部重点学科。

• Four fields, economics and business, social sciences in general, engineering and environment-ecology, have entered the top one per cent of the Essential Science Indicators citation ranking.经济与商学、社会科学总论、工程科学、环境与生态学四个领域进入 ESI 全球前 1%。

• The university holds EQUIS, AACSB, CAMEA and AMBA accreditation, a combination that few Chinese finance schools possess and that it uses to market its MBA and executive programmes.该校持有 EQUIS、AACSB、CAMEA 与 AMBA 四项认证，这一组合在中国财经院校中并不多见，也被用来推广其 MBA 与高管教育项目。

• In 2016 it employed 1,044 full-time teachers, of whom 541 were professors or associate professors, and enrolled 21,355 students, including 8,019 undergraduates, 5,914 master's students, 1,130 doctoral students and 1,615 international students.2016 年该校有专任教师 1044 人，其中教授、副教授 541 人；在校生 21355 人，含本科生 8019 人、硕士生 5914 人、博士生 1130 人与留学生 1615 人。

• Admission is highly selective: applicants normally need a score near the middle of the 985 group in the national gaokao, and the Shanghai comprehensive-evaluation batch adds interviews and portfolio review.招生选拔极为严格：考生高考分数通常需接近 985 高校的中位，上海综合评价批次还增加面试与材料评审。

• The School of Accountancy descends from the 1917 commerce section and remains the university's most famous unit, with alumni in the Big Four firms, the securities regulator and the major banks.会计学院承袭 1917 年商科学统，仍是该校最负盛名的院系，校友遍布“四大”会计师事务所、证券监管机构与大型银行。

• The School of Finance runs programmes in banking, insurance, investment and financial engineering, and works with Shanghai's exchanges and asset managers on internships and case teaching.金融学院开设银行、保险、投资与金融工程方向，并与上海的交易所和资产管理机构合作开展实习与案例教学。

• The School of Public Economics and Management carries the public-finance tradition of the 1952 merger and advises municipal and provincial finance bureaux on budgeting and tax policy.公共经济与管理学院延续 1952 年合并形成的公共财政传统，为市、省财政部门提供预算与税收政策咨询。

• The Institute for Advanced Research, the China Public Finance Research Institute and the Shanghai International Financial Centre Research Institute are the university's flagship policy-research platforms.高等研究院、中国公共财政研究院与上海国际金融中心研究院是该校的旗舰政策研究平台。

• SUFE publishes the Journal of Finance and Economics and Foreign Economics and Management, two long-running academic journals, and operates its own university press.该校主办《财经研究》与《外国经济与管理》两份长期出版的学术期刊，并设有上海财经大学出版社。

• Bibliometric databases record 15,742 works and 307,989 citations under the university's name, a profile concentrated in economics, finance, management and statistics.文献计量数据库在该校名下记录作品 15742 篇、被引 307989 次，产出集中于经济学、金融学、管理学与统计学。

• Doctoral and master's programmes are organised through graduate schools in economics, finance, business, law, public policy and the humanities, with professional degrees in accounting, finance and business administration.硕博培养由经济学、金融学、商学、法学、公共政策与人文学科的研究生教育体系承担，并设会计、金融与工商管理等专业学位。

• The university runs an English-taught international MBA and exchange agreements with business schools in Europe, North America and Asia, and receives Chinese-government scholarship students from developing countries.该校开设全英文国际 MBA，与欧洲、北美及亚洲商学院签有交换协议，并接收来自发展中国家的中国政府奖学金生。

• Its graduates are concentrated in commercial banks, securities firms, fund managers, accounting firms and the financial regulators, a placement pattern that gives the university its strong employer reputation in Shanghai.毕业生集中于商业银行、证券公司、基金管理公司、会计师事务所与金融监管机构，这一去向结构造就了该校在上海的雇主声誉。

• Executive education and the Shanghai National Accounting Institute partnership extend its teaching to working professionals in auditing, taxation and corporate finance.高管教育与上海国家会计学院的合作，把教学延伸至审计、税务与公司金融领域的在职专业人士。

Campus

• The main campus at 777 Guoding Road in Yangpu District occupies the largest share of the university's 826 mu, with teaching buildings, libraries, dormitories and sports grounds inside a compact urban block.杨浦区国定路 777 号的主校区占全校 826 亩土地的最大部分，教学楼、图书馆、宿舍与运动场集中在一个紧凑的城区街块内。

• Two further campuses, at Wuchuan Road and Zhongshan North First Road, house continuing education, research centres and parts of the graduate schools.另有武川路校区与中山北一路校区，用于继续教育、研究中心与部分研究生教育。

• The Yingxian Library is the university's central library, combining reading rooms, digital databases and a rare-book room that preserves the school's older accounting and statistics collections.英贤图书馆是该校的中央图书馆，设阅览室、数字数据库与善本室，保存学校较早的会计与统计藏书。

• The Shanghai University of Finance and Economics station on Metro Line 18, opened in December 2021, sits at the campus edge and connects it to the city's university corridor and to the Pudong bank towers.2021 年 12 月开通的地铁 18 号线“上海财经大学”站位于校区边缘，把校园接入城市高校走廊与浦东的银行大楼群。

• The campus looks onto the Wujiaochang commercial circle, where shopping malls, bookshops and restaurants serve students, and the nearby University Road strip is a favoured off-campus social venue.校区毗邻五角场商圈，商场、书店与餐厅服务学生，附近的大学路街区则是受欢迎的校外社交场所。

• A gymnasium, a running track, tennis courts and a swimming pool provide physical education and inter-faculty sport, while the Jiangwan Stadium stands within walking distance.体育馆、田径场、网球场与游泳池承担体育课与院际赛事，江湾体育场也在步行可达范围内。

• Student residence halls are clustered around the Guoding Road campus, and the university's Kuangshi residential college houses selected undergraduates in a small-cohort honours scheme.学生宿舍围绕国定路校区分布，校内“匡时书院”以书院制接纳部分本科生，实行小班荣誉培养。

• The campus's compact scale means most buildings are reached on foot within ten minutes, a contrast to the suburban campuses of many Chinese universities of similar size.校园尺度紧凑，多数建筑步行十分钟可达，这与许多同等规模中国高校的郊区校区形成对照。

Reputation

• QS placed SUFE in the 1201-1400 band for 2027, a sharp fall from the top-800 position it held in some earlier editions and a reminder that ranking bands fluctuate with methodology.QS 把上海财经大学列入 2027 年 1201-1400 区间，与其在部分早期版本中进入前 800 的位置相比明显下滑，也提醒人们区间会随方法变化而波动。

• Times Higher Education did not include the university in its 2027 world ranking at all, so the QS band is the only global table in which it appears for that year.泰晤士高等教育 2027 年世界排名未收录该校，因此 QS 区间是它当年唯一出现的全球主榜。

• U.S. News ranked it 721st globally for 2026-27, while the 2026 Academic Ranking of World Universities placed it in the 901-1000 band, two results that sit far apart.U.S. News 在 2026-2027 年度把它排在全球第 721 位，2026 年软科世界大学学术排名则把它放在 901-1000 区间，两者差距明显。

• In QS subject tables the university has been listed among the world's top 64 for economics and econometrics and the top 101 for accounting and finance, its strongest international showing.在 QS 学科榜中，该校的经济学与计量经济学曾进入全球前 64，会计与金融进入前 101，这是其最强的国际表现。

• Tilburg University's Economics Schools Research Ranking for 2016-2020 placed SUFE 41st in the world, 3rd in Asia and 2nd in mainland China, behind Peking University.蒂尔堡大学 2016-2020 年经济学研究排名把该校列为全球第 41、亚洲第 3、中国大陆第 2，仅次于北京大学。

• U.S. News ranks its business and economics programme 34th in the world, 10th in Asia and 7th in China, a subject position far stronger than its overall world number.U.S. News 把该校商业与经济学科列为全球第 34、亚洲第 10、中国第 7，学科位次远高于其综合世界排名。

• Netbig's Chinese university ranking placed SUFE first in the finance and economics category in 2003, 2004, 2005, 2007 and 2008, a run that fixed its reputation among Chinese applicants.网大中国大学排行榜在 2003、2004、2005、2007 与 2008 年把该校列为财经类第一，这一连串名次在中国考生中奠定了它的声誉。

• The Best Chinese Universities Ranking placed it first among finance, business and economics institutions in 2021, and it is routinely grouped with the Central University of Finance and Economics as one of the "two finance" leaders.2021 年“中国最好大学排名”把它列为财经类高校第一，它常与中央财经大学并称“两财”，被视为财经院校的领头羊。

• OpenAlex records 15,742 works and 307,989 citations, a volume smaller than the large comprehensive universities but with a high concentration in finance and accounting journals.OpenAlex 记录该校 15742 篇作品与 307989 次被引，体量小于大型综合性大学，却高度集中于金融与会计期刊。

• Its graduates' starting salaries and admission scores are among the highest in China outside the 985 group, and its Shanghai location gives it an edge in banking and asset-management recruitment.该校毕业生的起薪与录取分数在中国非 985 高校中位居前列，上海区位又使其在银行与资产管理招聘中占据优势。

• The university has no Nobel laureate among its alumni or faculty, and its standing rests on professional finance education rather than on research prizes.该校校友与教师中尚无诺贝尔奖得主，其地位建立在职业化的财经教育之上，而非研究奖项。

Student life

• The motto is "Houde boxue, jingji kuangshi" (厚德博学，经济匡时), commonly rendered as "great virtue and broad learning, managing the economy to serve the times".校训为“厚德博学，经济匡时”，通常解作“增厚美德、广博学识，经世济民、匡扶时局”。

• The second half was written by Ma Yinchu in 1934, while the first half draws on the Book of Changes and the Analects, and the full eight-character motto was formalised in the university's later self-definition.后半句由马寅初于 1934 年题写，前半句取意《周易》与《论语》，完整的八字校训在日后的学校自我表述中定型。

• The Kuangshi residential college, named after the motto, selects undergraduates for small-cohort seminars, a research thesis and a mentor system that runs alongside the ordinary faculty curriculum.“匡时书院”取校训命名，选拔本科生进入小班研讨、研究论文与导师制培养，与常规院系课程并行。

• The university marked its centenary in 2017 with an alumni forum at which Zhang Yong, then Alibaba's chief executive, spoke on China's economy under global change.2017 年百年校庆期间，学校举办校友论坛，时任阿里巴巴首席执行官的张勇出席并就“全球变局下的中国经济”发表演讲。

• Student societies cluster around finance and case competitions, with investment clubs, accounting associations and a moot-court team that competes nationally.学生社团围绕金融与案例竞赛展开，设有投资俱乐部、会计协会以及参加全国赛事的模拟法庭队。

• "Shangcai Qingnian", the university's youth media platform, publishes campus news, student essays and recruitment notices, and is run by the student communications centre.“上财青年”是该校的青年媒体平台，发布校园新闻、学生随笔与招募信息，由学生通讯中心运营。

• Inter-faculty basketball, football and volleyball leagues run through the year, and the annual sports meeting fills the Guoding Road track each autumn.院际篮球、足球与排球联赛贯穿全年，每年秋季的校运动会则占满国定路校区的田径场。

• Off campus, students use the Wujiaochang malls, the University Road cafés and the Jiangwan sports complex, while internships in Lujiazui shape the weekly rhythm of senior years.校外生活中，学生利用五角场商场、大学路咖啡馆与江湾体育中心，高年级的每周节奏则常被陆家嘴的实习切割。

Notable people

• Guo Bingwen, a Columbia-trained educationist, served as president of the Shanghai College of Commerce in 1921 and later as president of National Southeastern University, shaping the school's earliest academic standards.郭秉文是哥伦比亚大学训练出身的教育家，1921 年出任上海商科大学校长，后任国立东南大学校长，为学校最早确立了学术标准。

• Ma Yinchu, the economist who served as dean of studies in 1921 and later became president of Peking University, gave the school its motto phrase and its tradition of applied economics.马寅初是 1921 年的教务主任，后来出任北京大学校长，他为学校留下校训名句与应用经济学的传统。

• Yang Xingfo, the social activist who headed the commerce section in 1917, later became secretary-general of the Academia Sinica and a campaigner for civil liberties.杨杏佛是 1917 年商科主任，后任中央研究院总干事，并成为争取公民自由的社会活动家。

• Sun Yefang, one of China's most influential Marxist economists and the namesake of the Sun Yefang Economic Science Award, studied at the Shanghai College of Commerce in the 1920s.孙冶方是中国最有影响的马克思主义经济学家之一，“孙冶方经济科学奖”以其命名，他于 1920 年代就读于上海商科大学。

• Hu Jichuang, a historian of Chinese economic thought, taught at the university and built a research tradition in the field that still carries his name.胡寄窗是中国经济思想史家，曾在该校任教，开创了至今仍以其名标识的研究传统。

• Zhang Yong, a 1995 finance graduate, rose through PwC and Shanda to become chief executive and later chairman of Alibaba Group, one of the university's most prominent business alumni.张勇 1995 年毕业于金融专业，历经普华永道与盛大，后出任阿里巴巴集团首席执行官与董事局主席，是该校最知名的商界校友之一。

• Gu Shu, who took a doctorate in management in 1998, became president of the Industrial and Commercial Bank of China and later chairman of the Agricultural Bank of China.谷澍 1998 年获管理学博士学位，后任中国工商银行行长，继而出任中国农业银行董事长。

• Jiang Jianqing, a long-serving chairman of the Industrial and Commercial Bank of China, holds a doctorate from the university and is counted among its most influential financial alumni.姜建清长期担任中国工商银行董事长，持有该校博士学位，被视为最有影响力的金融校友之一。

• Tian Huiyu, a 1987 graduate in infrastructure finance and credit, served as president of China Merchants Bank after senior posts at Shanghai Bank and China Construction Bank.田惠宇 1987 年毕业于基建财务与信用专业，历任上海银行、中国建设银行要职，后出任招商银行行长。

• Wei Wenyuan, the first general manager of the Shanghai Stock Exchange and an architect of China's securities market, is an alumnus and a university trustee.尉文渊是上海证券交易所首任总经理、中国证券市场的创建者之一，也是该校校友与校董。

• Wu Qing, a graduate in finance who became chairman of the China Securities Regulatory Commission in 2024, previously served as a vice mayor of Shanghai.吴清为金融专业校友，2024 年出任中国证券监督管理委员会主席，此前曾任上海市副市长。

• Liu Yuanchun, an economist who took office as university president in 2023, came from Renmin University and writes on macroeconomics and China's growth model.刘元春是宏观经济学家，2023 年出任该校校长，此前任职于中国人民大学，著述聚焦宏观经济与中国增长模式。