📖Introduction

Located in downtown Beijing,capital of China, and established in 1949, Central University of Finance and Economics is one of the leading comprehensive universities covering extensive disciplines of law, arts, sciences and engineering and being distinguished in economics and management. It is one of the 100 universities that Chinese government attaches top priority during the 21st Century.

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📚About the Program

Program Duration: 4 Years

School: School of Finance

Start Date of the Program: September

For applicants of master’s programs offered in English: At the time of graduation, Chinese language proficiency should meet the requirements of level 3 or above of Chinese Language Proficiency Scales for Speakers of Other Languages.

Tuition Fee: RMB 50,000 per year (subject to change). The total for the 4-year program is 200000 RMB (subject to change).

Other Fees:

Residence Permit Fee: RMB 400/year

Health Insurance Fee: RMB 800/year

Accommodation Fee: RMB 50-80/month

Eligibility

Foreign citizens in good physical and mental health

Application Deadline:

Round 1 application: Dec. 1st, 2019 - April 6th, 2020

Round 2 application: April 15th, 2020 - June 1st, 2020

Note: Application for CSC Scholarship - University Program is open from Jan. 1st to March 31st, 2020.

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🏫About Central University of Finance and Economics (CUFE)

In 1949, shortly after the founding of the People’s Republic of China, CUFE, the first university of finance and economics in the Republic, was created by the China’s central government. The former name of CUFE was Central School of Taxation. Later, it went through several stages of development, from Central Institute of Finance, Central Institute of Finance and Economics, to Central Institute of Finance and Banking. In 1996, the Institute was officially renamed as Central University of Finance and Economics (CUFE) under the direct leadership of the MOE. CUFE upholds “loyalty, unity, truth and innovation” as its motto, adhering to the philosophy of “pursuing truth and excellence”. With over ninety-thousand graduates, CUFE is known as “the Cradle of Giants in the Field of Finance and Management “.

At present CUFE has established and maintained the close relationship with more than 50 universities and academic institutions in 20 countries and regions.

With the advancement of globalization and the rapid development of Chinese economy, more and more students are coming to CUFE to study finance and economics, as well as to experience Chinese culture. Obviously, CUFE is the first and best place for international students to attain their goal in China due to its convenience in Beijing and its outstanding academic programs and faculty.

About School of International Cultural Exchange (SICE)

CUFE commits itself to the development of internationalization, and pays much attention to the education of international students. School of International Cultural Exchange (SICE) was established to take charge of publicity, consultation, admission and general affairs of international students. SICE also takes responsibilities for Chinese language teaching, preparatory programs, and short-term programs. International students, including those with Chinese government scholarship, are welcome to apply for all undergraduate, graduate and doctorate programs offered by CUFE. Non-degree programs, including long-term or short-term Chinese language programs and other training programs, are also available.

CITY Campus

Located at 39 South College Road, Haidian District in downtown Beijing, the campus is surrounded by areas boasting rich educational, technological and cultural resources, flourishing shopping centers, as well as convenient transportations.

Founded in the early 1950s, the 60-year-old campus has comprehensive facilities comprising of modern teaching buildings, laboratories, library, campus network, and other facilities. In November 2010, it was reported that the campus had a classroom area of 8.82 acres, 37 modern laboratories such as Waterloo-CUFE Industry Research Laboratory, covering an area of 0.93 acres.

Additionally, 2,457 instruments are available for teaching and research. To satisfy the recreation need of teachers and students, the campus is equipped with modern facilities such as a running track, football field, basketball court, volleyball court, tennis court, National Physical Fitness Measurement Center, a student center, and an activity center for faculty members. Currently, more than 7,000 students,including seniors,master degree candidates,PhD candidates and international students, enjoy their life on the campus.

Shahe Campus

Built in 2007, the Shahe suburban campus is located 30 km north of the City campus. The total area of Shahe campus is nearly six times that of the City campus and its natural beauty of nearby areas contributes a quiet and comfortable environment. According to the development plan of CUFE, Shahe campus will become the main campus when it is completed. It will cover more than 9.88 acres, including teaching, research, living and sport areas. It aims to provide a high-standard and modern facility in a beautiful garden environment. Currently, there are more than 7,500 students on Shahe campus, including freshmen, sophomores and juniors. The university buses and suburban trains are available to transfer our teachers and students to the city center.

Scholarships

CUFE provides all sorts of financial aids and scholarships for international students of excellence so as to encourage them to study hard and observe Chinese laws. To be qualified, international students should enroll in a degree program and meet CUFE’s criteria. RMB 10,000 is awarded to qualified doctoral students while RMB 8000 is awarded to master students.
The scholarships are at three levels.

  1. The undergraduate student is awarded RMB 4000 for the first prize, 3000 for the second prize, RMB 2000 for the third prize.
  2. The master student is awarded RMB 6000 for the first prize, RMB 4000 for the second prize, RMB 3000 for the third prize.
  3. The doctoral student is awarded RMB 8000 for the scholarship.
  4. The master student qualified for a waiver of the entrance exam is awarded RMB 5000, the doctoral student qualified for a waiver of the entrance exam is awarded RMB 6000.

Living in University

SICE provides international students with a variety of colorful extracurricular activities such as Chinese calligraphy, Chinese martial arts, Chinese cuisine, Chinese drama, Chinese knotting, etc. Cultural tours to the Great Wall, the Summer Palace, the Temple of Heaven, the Forbidden City, and the Beijing’s Hutongs, etc. can also be arranged.

Furthermore, SICE organizes splendid festivals such as Chinese speech contests or Chinese singing competitions to help international students increase their interest in learning Chinese. The annual New Eve’s Party has become a chance for international students to share their culture with their Chinese classmates through song, dance or other traditional performances.

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🏠 Accommodation

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💰 Fees

Application Fee:

$90 USD

Tuition fee:

50,000 CNY per year

200,000 CNY in total

Insurance is 800 CNY.

💸 Living Expenses in Beijing

Expense Average costs
Accommodation On average, a single room student dormitory accommodation will cost about RMB 1500 per month, or about RMB 18,000 per year, including utilities.
Food A meal at the university canteen/restaurant or in a fast-food restaurant outside would cost about RMB 7 to RMB 30. The average monthly bill for students that will study in Beijing, China can be between the range of RMB 1800 to RMB 4000.
Transportation A one-way local transport ticket in Beijing costs about RMB 4. The taxi start rate costs about RMB 13, plus the additional taxi rate per kilometer of about RMB 2.30. A monthly transport pass for university students in Beijing would cost around RMB 200.
Extra costs: Some extra costs for university students who will study in Beijing, China are books and study materials around RMB 210 to RMB 350 per month (increased costs for those studying Sciences, Medicine, or Art), and medical insurance of about RMB 400 per six months.

Entry Requirements

You are not eligible to apply to this program because:

The minimum age is 18 and the maximum age is 40.

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: Master's

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

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📬 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:

  • Academic Study Plan or Project Proposal
  • Second Recommendation Letter
  • Medical Examination Form
  • First Recommendation Letter
  • English Language Certificate
  • Your Highest Academic Transcript (In English)
  • Your Graduation Certificate (in English)
  • 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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