The Shanghai University of Finance and Economics (SUFE), founded in 1917, is a top-ranked, world-renowned finance- and economics-oriented research university located in Shanghai, the People's Republic of China. The university is under the Ministry of Education's direct administration of the People's Republic of China and is among the national Project 211. As the oldest financial university in China, SUFE has developed its own spirit over the years.
With SUFE now increasingly opening itself to the outside world, it aims to showcase this spirit and its outstanding teaching quality.SUFE’s guiding principle is that scientific research is necessary for the evolution of academic disciplines and that such development, in turn, fosters economic growth. Accordingly, SUFE houses many dynamic think tanks. Among the most renowned of these are the Institute of Accounting and Finance, the Institute of Finance & Economics Research, the Institute of Higher Education, the Research Center for Regional Economics, the Research Center of Public Policy, the Modern Finance Research Center, the Research Center of Marketing, the Center for Economic Philosophy Studies, the Research Center for Applied Statistics, the Research Institute of Marxism, the Institute of World Expo Economics, the Financial Education Performance Evaluation Center, and the Research Center for Top 500 Enterprises.
SUFE has enjoyed being one of the best finance and economics universities in China for many years. It is a Chinese Ministry of Education Double First-Class Discipline University, with Double First-Class status in certain disciplines. In 2005, SUFE introduced academic tenure and became the first university in China to adopt this system. As of December 2012, there were more than 120 tenure-track faculty members at SUFE, of which most are Ph.D.graduates from renowned overseas universities.