📖Introduction

Shanghai Advanced Institute of Finance (SAIF) is a prominent academic institution specializing in finance education and research. Established in 2009, SAIF is located in Shanghai, China, and operates as an integral part of Shanghai Jiao Tong University. As a public institute, SAIF is committed to providing high-quality education and fostering research excellence in the field of finance.

SAIF distinguishes itself by offering rigorous and innovative programs, including a Master of Finance (MF) and a Global Master of Finance (GMF), designed to equip students with the knowledge and skills required for success in the dynamic and complex world of finance. The institute has gained recognition for its commitment to bridging the gap between financial theory and practice, emphasizing a global perspective in its curriculum. While specific rankings may vary, SAIF's commitment to academic excellence and its strategic location in the financial hub of Shanghai contribute to its standing as a leading institution in the field of finance education and research.

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🏫About Shanghai Advanced Institute of Finance

Shanghai Advanced Institute of Finance (SAIF) was established at Shanghai Jiao Tong University in April 2009 by the Shanghai Municipal Government.

SAIF's mission is to become a world-class institution of research and advanced learning in finance and management. SAIF is committed to developing top talent and cutting-edge knowledge, with a focus on Chinese markets and their global connections.

As of October 2021, over 2,200 students are enrolled in SAIF's degree programs.

SAIF has developed international collaboration with world-class business schools, including the Wharton School of the University of Pennsylvania, the MIT Sloan School of Management, University of California, Berkeley, Imperial College London, and Arizona State University. SAIF offers a variety of educational study tours and international exchange opportunities to provide students with cutting-edge knowledge in finance and management, expand their global perspectives, and facilitate multicultural collaborations.

In 2020, SAIF’s MF program was ranked No. 1 in Asia for the third consecutive time by Financial Times, distinguishing itself in "Faculty with Doctorates" (No.1 in the world), “Salary Today” (No.4 globally), "Salary Percentage Increase" (No.5 worldwide and No.1 in Asia) and "International course experience” (No.25 globally and No.1 in Asia).

🏠 Accommodation

You will need to book the accommodation after you have been accepted.

You can choose to live on campus or off campus in private accommodation.

How to book:

  • Make a booking online after you have been accepted (in this case please let us know your choice when you apply).
  • Register when you arrive - its not possible to reserve a room before arriving. You can arrive a few days before and book it
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💰 Fees

Application Fee:

800 RMB

Tuition fee:

94,000 CNY per year

188,000 CNY in total

Entry Requirements

You are not eligible to apply to this program because:

The minimum age is 18 and the maximum age is 35.

English fluency is required.
You need to be either:
- A native English speaker
- Studied a degree in English before
- Can demonstrate a high level of English
- Having an English certificate such as IELTS level 6 or TOEFL 95 and above is an advantage.

Minimum education level: Bachelor's.

All student except from Nigeria are eligible to apply to this program

Is this not correct? You can edit your profile or contact us.
Or see the list of programs you are eligible for here .
Check Your Eligibility Show Suitable Programs

📬 Admissions Process

3 Steps to Apply to a Chinese University

Application step 1

Application step 2

Application step 3

Please choose the programs here , "You are advised to select 2-3 programs to increase your chances of getting accepted.

Required Documents:

  • GMAT/GRE Score Report
  • Second Recommendation Letter
  • First Recommendation Letter
  • English Language Certificate
  • Your Highest Academic Transcript (In English)
  • Your Graduation Certificate (in English)
  • Curriculum Vitae
  • Personal Statement Letter or Study Plan
  • Your Photograph
  • Your Passport Copy

Preparing documents:

You can start your application now and send the application documents during your application. Some documents you can send later if you don’t have them right away. Some more info about preparing application documents is here

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Application process:

Applying Online is simple in just a few steps. More information is available here.

The first steps are to choose the programs, pay the application fee and upload the application documents.

Once submitted to China Admissions, we will review your application within 2-3 days and proceed to the university or ask you for further clarification

After it has been processed to the university you will receive your unique application ID from each university.

The university may contact you directly for further questions.

We will then follow up each week with the university for updates. As soon as there is any update we will let you know. If you have made other plans, decide to withdraw / change address at any time please let us know.

After you have been accepted you will receive your admissions letter electronically and asked to pay the non-refundable deposit to the university.

Once you have paid the deposit the university will issue you the admissions letter and visa form to your home country.

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Here is some more information about the enrollment process after you have been accepted.

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