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Southwestern University of Finance and Economics

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The Southwestern University of Finance and Economics (SWUFE; 西南财经大学) is a public finance and economics university in Chengdu, Sichuan, China. It is affiliated with the Ministry of Education, and co-funded with the Sichuan Provincial People's Government. The university is part of Project 211 and the Double First-Class Construction.

Southwestern University of
Finance and Economics
西南财经大学
Former names
Sichuan Institute of Finance and Economics (四川财经学院)
Motto经世济民，孜孜以求
Motto in English
To persistently strive for the benefit of people and society
TypeNational University
Established1925; 99 years ago (1925)
ChairmanProf. ZHAO De Wu
PresidentProf. ZHUO Zhi
Academic staff
2,000+
Students24,000+ (600+ International Students)
Undergraduates16,000+
Postgraduates8,000+
Location
Chengdu
,
Sichuan
,
China
CampusUrban, Suburb
ColoursSWUFE BLUE WHITE
NicknameSWUFE / 苏菲
AffiliationsEQUIS, Double First-Class Construction, 211 Project
Websiteswufe.edu.cn
e.swufe.edu.cn
Southwestern University of Finance and Economics
Simplified Chinese西南财经大学
Traditional Chinese西南財經大學
Transcriptions
Standard Mandarin
Hanyu PinyinXīnán Cáijīng Dàxué

In December 2014, SWUFE’s School of Business Administration became the first business school in Western China to be accredited by the European Quality Improvement System.[1][2]

As of 2024, Southwestern University of Finance and Economics ranked # 1 in Western China and # 4 nationwide among universities specialized in finance, business, and economics in the Best Chinese Universities Ranking.[3] The U.S. News & World Report ranks SWUFE at 4th in Asia and 23rd globally in Business and Economics.[4]

History

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Students of Sichuan Institute of Finance and Economics in 1952

The university traces its origins to the year 1925, when a group of students and academics from St. John’s University in Shanghai, led by the scholar Zhang Shouyong, left the school following the events of the May 30th Movement and founded Kwang Hua University in Shanghai.[citation needed] In 1938, following the outbreak of the Second Sino-Japanese War and the Japanese advance into mainland China, the university relocated its headquarters to Chengdu. This move was mirrored by other major Chinese universities in the east of China who relocated their operations to western China after the Republic of China moved its capital from Nanjing to Chongqing.

After the end of World War II, the university moved back to Shanghai in 1946 and the campus in Chengdu became a branch of Kwang Hua University. That same year, the campus in Chengdu separated from the university and formed a private university called Chenghua University. Kwang Hua University was later merged with other universities and formed the current East China Normal University.

 
Guanghua Gate on Liulin Campus

In 1952, after the foundation of the People's Republic of China, Chenghua University was merged with schools and departments of business and economics from 16 other universities and colleges and was reformed as the Sichuan Institute of Finance and Economics. From 1961 to 1978 it was called Chengdu University. In 1980, the People's Bank of China took over the administration of the university which it held until the year 2000 when the administration was transferred to the Ministry of Education. In 1985, during the tenure of the central bank, the university received its current name of Southwestern University of Finance and Economics.

 
Bell tower on Liulin campus

Later, in 1995, the university became part of Project 211. In 2011, SWUFE was listed as part of the 985 Innovative Platforms for Key Disciplines Project, which is an extension of Project 985.[5]

In 2017, the Ministry of Education, Ministry of Finance and National Development and Reform Commission released the list of Double First Class Plan universities and that of the Double First Class Plan (short as "Double First Class") development universities and disciplines. SWUFE was included into the list of China's "Double First Class" development university, and applied economics was selected as a "double first class" development discipline.[6]

Campuses

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Guanghua campus main building
  • Liulin Campus (Main Campus): Founded in 2004, approximately 264 acres (107 ha) in Wenjiang, Chengdu, Sichuan
  • Guanghua Campus: Founded in 1938, approximately 116 acres (47 ha) in Qingyang, Chengdu, Sichuan

Organization and administration

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Schools

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  • SWUFE's Schools
  • School of Finance
  • School of Accounting
  • School of Business Administration
  • School of Securities and Futures
  • School of Insurance
  • Research Institute of Economics and Management
  • School of Statistics
  • School of Marxism
  • School of International Business
  • School of Humanities
  • School of Continuing (On-line) Education
  • Institute of Economic Mathematics
  • College of International Education
  • School of Economic Information and Engineering
  • School of Humanities and General Education
  • School of Public Finance and Taxation
  • School of Economics
  • School of Law
  • School of Public Administration
  • School of Foreign Language for Business
  • Study Abroad Institute

Research

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Institute of Financial Studies

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The IFS was established on July 29, 2010. The research institute is dedicated to generating knowledge of international financial studies and the financial development in China. The director of the institute is Philip H. Dybvig. Dybvig is well known for publishing the Diamond–Dybvig model together with Douglas W. Diamond in 1983.[7]

 
Logo of CHFS

China Household Finance Survey

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The Survey and Research Center of the China Household Finance Survey is a non-profit academic institution of survey and research established in 2010 by the Research Institute of Economics and Management at SWUFE.[5] Within a few years, it has been established as an academic survey institute with comprehensive micro data, including three databases on the household finance of private Chinese households, small and micro enterprises, and community governance.[citation needed] The center provides CHFS data to registered users for the purpose of facilitating scientific and policy research.[citation needed]

Institute of Western China Economic Studies

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The institute has three doctoral research fields: Demography; Population, Resources and Environmental Economics; Agricultural Economics.[citation needed] Currently,[when?] seven doctor supervisors and 21 researchers work in the institute. Economic analysis and policy consultancy are their main tasks.[citation needed]

Rankings and reputation

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Among universities specialized in finance, business, and economics, as of 2024, Southwestern University of Finance and Economics ranked 4th nationwide and # 1 in Western China with a combination of almost 300 million population.[8]

SWUFE is considered one of the best universities in China in "Economics and Business" related subjects according to several widely cited international rankings, including Shanghai Ranking, U.S. News Rankings, URAP ranking and NTU Ranking.[8][4][9][10][11]

As of 2024, Southwestern University of Finance and Economics was ranked 16th globally and 28th in the world in "Economics and Business" by URAP ranking and NTU Ranking respectively.[12][11]

Internationally, the U.S. News & World Report ranks Southwestern University of Finance and Economics at 3rd in China, 4th in Asia and 23rd globally in Business and Economics.[4] As of 2023, according to the Academic Ranking of World Universities, Southwestern University of Finance and Economics ranked amongst the top # 32 universities in the world for "Finance", and #45 for "Economics",[13][14] amongst #76 universities in the world for "Management"[15] and # 101 universities globally in "Business Administration".[9]

Libraries and museums

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Library

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Inside library on Liulin campus

Southwestern University of Finance and Economics (SWUFE) Library was founded in 1952. The total building area amounts to 50,000 square metres (540,000 sq ft). The collection has reached 2,000,000 items in digital resources, making it the biggest library in the southwest of China.[citation needed] In May 2002, a Translation Center was set up to provide services for overseas communication and editing and publishing the English version of SWUFE's The Economist.[16]

Money and Securities Museum

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The university’s "Money and Securities Museum" was established in 1998 and is one of the earliest of its kind to have on exhibition various real financial items such as currencies, securities, certificates and cards pertaining to planned and market economies. Over 60,000 items have been on exhibition in the 700-square-metre (7,500 sq ft) hall.[17]

International relations

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International students in SWUFE

The university also has four bachelor's degree programs and two master's degree programs delivered completely in English and these programs have trained several thousand foreign students from over a hundred countries.[18]

SWUFE has established cooperative relations with 130 universities, financial institutes and enterprises from 36 countries and regions, including Austria, Australia, Brazil, Canada, Chile, France, Germany, Israel, Japan, Netherlands, Portugal, Russia, Slovenia, United Kingdom and the United States.[19][20][21][22][23]

Notable alumni

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Student life

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SWUFE students

Student associations

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Southwestern University of Finance and Economics has 100 student associations (excluding student associations sponsored by enterprises) covering five domains: thoughts and theories, academic and technology, arts and culture, physical training, public welfare and practice and communication. To name a few: the Research on Philosophy Club, MUN, Starting Point Drama Club, Hip-pop, Green Development Association, Oracle Club, Pre Guide for Career magazine, etc.[24]

See also

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References

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  1. ^ "List of EFMD members - EFMD Global". 2019-08-31. Retrieved 2022-10-28.
  2. ^ "Briefing of SBA". gs.swufe.edu.cn. Retrieved 2022-10-28.
  3. ^ "ShanghaiRanking's Best Chinese Universities Ranking". www.shanghairanking.com. Retrieved 2024-07-28.
  4. ^ a b c "U.S. News & World Report Best Universities for Economics and Business in Asia 2024-2025". U.S. News & World Report. Retrieved 2024-07-28.
  5. ^ a b "Southwestern University of Finance and Economics". Times Higher Education (THE). 2022-06-16. Retrieved 2024-01-01.
  6. ^ Center, Information and Education Technology. "welcome to SWUFE!". e.swufe.edu.cn. Retrieved 2017-10-19.
  7. ^ "Philip H. Dybvig, Director, Institute of Financial Studies, Southwestern University of Finance and Economics".
  8. ^ a b "ShanghaiRanking's Ranking of Chinese Financial and Economic Universities". www.shanghairanking.com. Retrieved 2022-10-28.
  9. ^ a b "ShanghaiRanking's Global Ranking of Academic Subjects Business Administration". www.shanghairanking.com. Retrieved 2024-07-28.
  10. ^ "URAP - University Ranking by Academic Academic Performance: 2023 Economics". urapcenter.org. Retrieved 2023-07-30.
  11. ^ a b "China Economics & Business By 2022 Ranking". nturanking.csti.tw. Retrieved 2023-07-30.
  12. ^ "URAP - University Ranking by Academic Academic Performance". urapcenter.org. Retrieved 2024-07-28.
  13. ^ "ShanghaiRanking's Global Ranking of Academic Subjects Economics". www.shanghairanking.com. Retrieved 2024-07-28.
  14. ^ "ShanghaiRanking's Global Ranking of Academic Subjects Finance". www.shanghairanking.com. Retrieved 2024-07-28.
  15. ^ "ShanghaiRanking's Global Ranking of Academic Subjects Management". www.shanghairanking.com. Retrieved 2024-07-28.
  16. ^ "西南财经大学图书馆".
  17. ^ "欢迎访问西南财经大学档案馆". Archived from the original on 2013-04-10. Retrieved 2013-03-16.
  18. ^ "Exchange Program-Programs-Prospective Students". Archived from the original on 2010-04-08. Retrieved 2013-03-17.
  19. ^ Information and Education Technology Center. "Partners-Southwestern University of Finance and Economics".
  20. ^ "Faculty of EconomicsbNAGASAKI UNIVERSITY".
  21. ^ "西南财经大学--所需资源未发现". www.swufe.edu.cn.
  22. ^ "404椤甸潰". www.istefoundation.com. Archived from the original on 2013-07-24. {{cite web}}: Cite uses generic title (help)
  23. ^ "ԺУһ - ϲƾѧѧԤѧԺ".
  24. ^ "百花齐放春满园——五年来西财学生社团发展综述".
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