The Shanghai University of Finance and Economics (SUFE) is one of China’s most reputable universities, established in 1917 in the global metropolis of Shanghai. Recognized as a Double First Class University and part of China’s national “211 Project”, SUFE has a long‑standing reputation for excellence in finance, economics, management, law, and related disciplines. As the oldest finance university in China, it blends top‑tier academic research, practical training, and international cooperation to prepare students for success in the global economy.
SUFE attracts a diverse international student community and maintains strong academic partnerships with leading institutions worldwide. Graduates from SUFE go on to careers in finance, consulting, government, and multinational corporations due to the university’s strong industry connections and strategic location in Shanghai—China’s financial and business hub.
Why Study at Shanghai University of Finance and Economics?
Academic Excellence
- SUFE is renowned for its applied economics and management programs, consistently ranked among the top in China and Asia.
- Offers programs that integrate finance, law, business, and science, ensuring a multidisciplinary education that equips students with broad skill sets.
International Focus
- A strong global mindset with extensive international student services and global academic partnerships.
- Opportunities for academic exchange, research collaboration, and internships abroad.
Strategic Location – Shanghai
Studying in Shanghai gives students access to:
- China’s leading financial market and business ecosystem.
- Countless internship and employment opportunities.
- A vibrant urban lifestyle with rich cultural experiences.
Campus Life & Resources
- A rich campus culture with sports, student clubs, cultural events, and academic societies.
- Access to well‑equipped libraries, research centers, and modern facilities.
SUFE Programs & Tuition Fees
Below is a detailed breakdown of available programs for international students and their approximate tuition fees. Tuition varies based on language of instruction, program type, and exchange rates.
Tuition Fee Table (Per Academic Year)
| Program Level | Program Name | Approx. Tuition |
|---|---|---|
| Non‑Degree (Short‑Term) | Chinese Plus Program | 158,908 MXN (~¥70,000 CNY) |
| Master’s Programs | Master’s in Finance | ~¥70,000 CNY (~¥70,000/year) |
| LLM (Master of Laws) | ~¥70,000 CNY | |
| Master’s in International Business* | ~¥50,000 CNY (approx.) | |
| Undergraduate Programs (Typical) | Bachelor’s Degree Programs | ~¥30,000 CNY per year |
| Graduate & Specialized Programs | MBA (English) | ~¥144,000 CNY/year (for some programs) |
| Other Master’s (Chinese) | ~¥34,000–¥50,000 CNY/year |
Estimated Cost of Living in Shanghai
Studying in Shanghai provides great opportunities, but living costs should be budgeted carefully.
| Expense Type | Approx. Annual Cost (RMB) |
|---|---|
| On‑campus Accommodation | 15,000 – 25,000 |
| Off‑campus Rent | 24,000 – 40,000 |
| Food & Daily Expenses | 12,000 – 24,000 |
| Medical Insurance | 600 – 900 |
| Transportation | 3,000 – 6,000 |
| Miscellaneous (Books, etc.) | 2,000 – 4,000 |
Living in Shanghai is generally more expensive than other Chinese cities due to its metropolitan status; however, careful planning and budgeting can make it manageable.
Admission Requirements (General Overview)
Entry requirements vary by program level and language of instruction but generally include the following:
Bachelor’s Degree Applicants
- High school diploma or equivalent
- Some programs require Chinese language proficiency (HSK) if taught in Chinese
- For English‑taught options, IELTS or TOEFL scores may be required
- Academic transcripts and personal statement
Master’s & LLM Applicants
- Bachelor’s degree from a recognized institution
- CV/Resume
- Recommendation letters (typically 2)
- Depending on the program: language test scores (IELTS/TOEFL/HSK)
Doctoral Applicants
- Relevant Master’s degree
- Research proposal (for many PhD programs)
- Academic transcripts and references
- Language proficiency as required
Scholarships & Financial Aid
SUFE offers several financial support opportunities for international students that can significantly lower the cost of study:
Major Scholarship Opportunities
- Chinese Government Scholarship (CSC) — Provides full tuition, accommodation, and a monthly stipend; highly competitive.
- Shanghai Government Scholarship — Supported by the city government, offering full or partial coverage for top candidates.
- SUFE International Student Scholarships — Merit‑based awards for high academic performance.
These scholarships help attract top international talent and support students financially throughout their degree programs.
Campus Life & Student Support
SUFE provides a rich and engaging environment for international students:
Campus Facilities
- Modern libraries with extensive academic resources
- Student centers, sports facilities, cultural clubs, and international student offices
- Support for academic advising, visas, and cultural integration
Student Experience
- Student groups and societies promote cultural exchange
- Access to citywide internships, networking events, and business collaborations
- Study tours and academic competitions
Frequently Asked Questions (FAQs)
Yes. SUFE is a Double First Class University and part of the national “211 Project,” recognized for strong programs in economics, finance, management, and law.
Besides degree programs, SUFE offers non‑degree language programs such as the Chinese Plus Program for language and cultural learning.
Costs vary, but international students can expect RMB 30,000 – 60,000 per year for accommodation, food, transport, and daily expenses.