The Shanghai University of Finance and Economics (SUFE; Chinese: 上海财经大学; pinyin: Shànghǎi Cáijīng Dàxué), founded in 1917, is a finance- and economics-oriented research university located in Shanghai, the People’s Republic of China. The university is under the direct administration of the Ministry of Education of the People’s Republic of China and is among the national Double First Class University Plan and former Project 211. As the oldest financial university in China, SUFE has developed its own spirit over the years.
SUFE has enjoyed a reputation of being one of the best finance and economics universities in China for many years. As of 2021, it ranked the best in China among universities specialized on finance, business, and economics in the recent edition of the recognized Best Chinese Universities Ranking. The U.S. News & World Report ranks SUFE at 14th in Asia in Business and Economics. It is a Double First Class University included in the Chinese state Double First Class University Plan. In 2005, SUFE introduced the academic tenure and became the first university in China to adopt this system
Reputation and Rankings
The university had been consistently ranked No. 1 in the “finance and economics” category in 2003, 2004, 2005, 2007 and 2008 by the Chinese university ranking (Netbig). Since 2005, the university has achieved substantial improvements in terms of research and started to gain international reputation. According to Tilburg University’s Economics Schools Research Ranking in 2012, SUFE is ranked 120th in the world, 9th in Asia and 3rd in mainland China, only after Tsinghua University and Peking University. In 2014 and 2015 the university is ranked 151-200th in economics/business category in the world by ARWU. As of 2021, it ranked the best in China among universities specialized on finance, business, and economics in the recent edition of the recognized Best Chinese Universities Ranking.
According to Quacquarelli Symonds, SUFE ranks 144th amongst BRICS universities, amongst the top 350 universities in Asia, amongst the top 150 Accounting & Finance universities in the world, amongst the top 116 Economics & Econometrics universities in the world, and amongst the top 500 Social Sciences and Management universities in the world. According to the Academic Ranking of World Universities, SUFE is ranked amongst the top 75 universities in the world for statistics, amongst the top 100 universities in the world for finance, amongst the top 150 universities in the world for economics, and amongst the top 300 universities in the world for management. The U.S. News & World Report ranks SUFE at 117th globally, 14th in Asia and 6th in China in Business and Economics.