Dongbei University of Finance and Economics Freshman Scholarship

About the university

Dongbei University of Finance and Economics (DUFE), also known as Dongbei Caida or DUFE, is located in Dalian, Liaoning Province. It is a research university that highlights the strengths and distinctive features of economics and management, while coordinating the development of multiple disciplines including economics, management, law, literature, and science. The university is established and managed by the People's Government of Liaoning Province, and is jointly supported by the Ministry of Finance, the Ministry of Education, and the People's Government of Liaoning Province. It is a key university in the Liaoning Province First-Class University initiative and a "Domestic First-Class University" construction university in Liaoning Province. Founded in 1952, it was originally named Northeast Institute of Finance and Economics, formed through the gradual merger of five finance and economics colleges established by the Communist Party in Northeast China after liberation, along with the finance and economics departments of Northeast People's University, with its initial campus in Shenyang. In 1958, it merged with Shenyang Normal College and Shenyang Russian Language College to form Liaoning University. In 1959, the main part of the original Northeast Institute of Finance and Economics moved to Dalian and merged with Liaoning Business College to form Liaoning Finance and Economics College. In 1979, it was placed under the administration of the Ministry of Finance. In 1981, it was authorized to confer master's degrees. In 1985, it was renamed Dongbei University of Finance and Economics. In 1986, it was authorized to confer doctoral degrees. In 2000, it adopted a system of central-local joint construction with Liaoning Province as the main manager. In 2012, it became a university jointly supported by the Ministry of Finance, the Ministry of Education, and the People's Government of Liaoning Province. In 2017, it became a key university in the Liaoning Province First-Class University initiative. In 2019, it became a "Domestic First-Class University" construction university in Liaoning Province. As of March 2025, the university covers a total area of 650,000 square meters, with 31 colleges and 43 undergraduate programs. It has 6 first-level doctoral degree authorization points in theoretical economics, applied economics, statistics, management science and engineering, business administration, and public management, along with 48 second-level doctoral degree authorization points. It also has one professional doctoral degree authorization point in accounting. There are 10 first-level academic master's degree authorization points and 80 second-level academic master's degree authorization points. The university has 1,655 faculty and staff members and nearly 17,000 enrolled students. In November 1951, the Central Ministry of Education of China held a meeting that emphasized "focusing on cultivating industrial construction talents and teachers, developing specialized colleges and schools, and reorganizing and strengthening comprehensive universities," which marked the beginning of the nationwide adjustment of higher education institutions in 1952. In October 1952, the Northeast People's Government, based on the adjustment plan for national higher education institutions issued by the Ministry of Education, decided to merge the Northeast Finance and Economics College, Northeast Bank College, Northeast Planning and Statistics Institute, and the finance, credit, accounting, and statistics departments of Northeast People's University to form the Northeast Institute of Finance and Economics (located in Shenyang). In 1953, the Central Ministry of Education strengthened and added industrial colleges and appropriately supplemented normal colleges, while appropriately concentrating political science, law, finance, and economics universities. In August 1953, according to the adjustment plan for national higher education institutions by the Ministry of Higher Education, Northeast Business College and Northeast Cooperative College were merged into the Northeast Institute of Finance and Economics. In June 1954, according to the adjustment and setup plan for national finance and economics colleges by the Ministry of Higher Education, the industrial economics program of Northeast People's University and the industrial statistics and industrial accounting specialized courses of Northeast Industrial Accounting and Statistics College were merged into the Northeast Institute of Finance and Economics. In July 1958, the Liaoning Provincial Committee of the Communist Party of China decided to merge the Northeast Institute of Finance and Economics with Shenyang Normal College and Shenyang Russian Language College to form the comprehensive Liaoning University. All resources of the Northeast Institute of Finance and Economics were integrated into Liaoning University, forming three departments: economics, finance, and planning and statistics. In July 1959, the Liaoning Provincial Committee of the Communist Party of China decided to merge the finance department and planning and statistics department of Liaoning University, along with teachers in agricultural economics, industrial economics, and trade economics, with Liaoning Business College to establish Liaoning Finance and Economics College in Dalian. In September of the same year, Liaoning Finance and Economics College was officially established, under the leadership of the Provincial People's Committee and managed by the Provincial Department of Commerce.