SUFE’s history can be traced back to the Fall of 1917 when a commerce program was established at Nanjing Higher Normal School. In 1921, the program was transferred to Shanghai and developed into Shanghai College of Commerce which was the vanguard in commercial education in Mainland China. It was run by the National Southeastern University and Jinan College. Guo Bingwen, a PhD from Columbia University, was the first President. Ma Yinchu, another PhD from Columbia University, became the founding Provost. Many other Chinese scholars who had studied abroad from leading universities also joined the faculty.
For instance, in the academic year of 1923-1924, 11 out of the 16 Chinese faculty members at the then Shanghai University of Commerce had excellent education backgrounds in outstanding overseas universities, such as Harvard University, Columbia University, the University of Pennsylvania, the University of Illinois and the University of Edinburgh.
In 1928, the university was renamed as the College of Commerce of the National Central University. The school became independent from Central University in 1932 and was then called the National Shanghai Institute of Commerce. Through this transition, it became the first completely independent commerce university in the mainland.
In 1950, the college was again renamed, recognized as Shanghai Institute of Finance and Economics. And it became the only financial institution of higher learning in East China after the adjustment of faculties in the 1950s.
In 1985, it adopted it’s current name of Shanghai University of Finance and Economics (SUFE). Great Elder Chen Yun (1905-1995), one of modern China’s most influential leaders, wrote SUFE’s name in calligrapgy as a gift. In 1997, Jiang Zemin, the then General Secretary of CPPCC, also gave his words at the celebration of the university’s 80th Anniversary. He wrote, “With views into the new century, develop Shanghai University of Finance and Economics into a first-rate university.”
|1917.6||Nanjing Higher Normal School established its business program|
National Southeast University and Jinan College collaboratively established the Shanghai University of Commerce, which relocated to Shanghai
|1922.7||The National Southeast University established the Shanghai University of Commerce|
The university was renamed as the Business School of the Fourth Sun Yat-sen University Business School
|1928.2||The university was renamed as the School of Commerce of Jiangsu University|
|1928.5||The university was renamed as the College of Commerce of Central University|
Incorporation of the Department of Economics of Shanghai Labor University. The university split and became the National Shanghai Institute of Commerce
Incorporation of the Shanghai School of Law. The university was renamed as the Shanghai College of Finance and Economics
Incorporation of the East China School of Economics, the Department of Financial Management of Shanghai Jiao Tong University, Guanghua University Business School, and the Accounting Department of Daxia University
Incorporation of the Institute of Finance and Economics of Fudan University, the Business
School of Hujiang University, Zhejiang College of Finance and Economics, the Department of Industrial Management of Jiangnan University, Lixin Accounting School, the Business School of Datong University, the Accounting and Business Administration Department of Shanghai College, the Department of Economics of St. John’s University, the Night Program of Aurora University Law School, China College of Industry and Commerce, the Accounting Department of Soochow Law School, the Night School of Shanghai College of Commerce, and the Department of Economics of Soochow University
Incorporation of Shandong College of Finance and Economics, and the Department of Business
Administration of Xiamen University
The East China University of Politics and Law, Fudan University Law Department, Shanghai
Economic Research Institute of the Chinese Academy of Sciences, and the Shanghai History
Research Institute jointly created the Shanghai Academy of Social Sciences
|1960.9||The Shanghai College of Finance and Economics was founded on the basis of the Junior College Department of Shanghai Business School|
|1972.4||Revoked during the Cultural Revolution, the staff transferred to Fudan University and other universities|
|1978.12||The Shanghai College of Finance and Economics resumed classes|
|1985.9||The university was renamed as the Shanghai University of Finance and Economics|