Hongyuan Petroleum Scholarship

About the university

University of International Business and Economics (UIBE), also known as "University of International Business and Economics" or "UIBE", is located in Chaoyang District, Beijing. It is a full-time regular institution of higher education directly under the Ministry of Education, jointly established by the Ministry of Education and the Ministry of Commerce. The university is among the first batch of national "Double First-Class" construction universities, the first batch of "Project 211" key universities, and a national key university. It has been selected for the National "2011 Plan", "101 Plan", the Outstanding Legal Talent Education and Training Plan, the National High-Level University Graduate Program for Public-Sponsored Students, and the National College Student Innovation and Entrepreneurship Training Program. It is a host institution for Chinese Government Scholarship international students, a university under the "Ministry of Education Education Strategy and Planning Research Center", and the only finance and economics university in China to have received EQUIS, AACSB, CAMEA, and AMBA accreditations. UIBE is the first higher education institution in New China dedicated to cultivating specialized foreign trade talents. It was founded in 1951, originally as the Advanced Commercial Cadre School under the Ministry of Trade of the Central People's Government. In 1953, it was renamed Beijing Foreign Trade Specialized School. In 1954, the foreign trade program of Renmin University of China was merged into the school, and it was renamed Beijing Institute of Foreign Trade. In 1960, it was designated as a national key university. In 1978, Beijing Institute of Foreign Trade became a unit directly under the Ministry of Foreign Trade. In 1983, the school merged with the International Economic Management Institute, which was under the State Import and Export Management Commission. In 1984, it was renamed the University of International Business and Economics. In 1997, it was selected as a key university under the national "Project 211". In 1987, China Financial College was established, directly under the People's Bank of China. In 2000, the University of International Business and Economics and China Financial College merged to form the new University of International Business and Economics, directly under the Ministry of Education. In 2010, the Ministry of Education and the Ministry of Commerce jointly signed an agreement to co-build the University of International Business and Economics. In 2017, the university was selected as one of the first batch of national "Double First-Class" construction universities. In July 1951, the Advanced Commercial Cadre School of the Central People's Government Ministry of Trade was established by the Central Trade Ministry. On November 11 of the same year, the school officially opened, with German and Russian departments. In January 1953, according to the national adjustment plan for higher education institutions, the Advanced Commercial Cadre School was renamed Beijing Foreign Trade Specialized School. In October of the same year, the school became a higher education institution under the leadership and management of the Ministry of Foreign Trade, entrusted by the Central Ministry of Higher Education. In January 1954, the foreign trade program of the Trade Department of Renmin University of China merged with Beijing Foreign Trade Specialized School, and on the basis of the latter, Beijing Institute of Foreign Trade was established. On August 25, 1954, Beijing Institute of Foreign Trade was officially established. In October 1960, according to the spirit of the Central Committee's "Decision on Increasing National Key Higher Education Institutions", Beijing Institute of Foreign Trade was listed as one of the 44 newly added key institutions. In the same year, the school began to enroll graduate students under the tutorial system. In October 1969, Beijing Institute of Foreign Trade was relocated to Gushi County, Henan Province, and the Ministry of Foreign Trade announced the dissolution of the school on site. It was not until March 1973 that the State Council agreed to restore Beijing Institute of Foreign Trade. On April 24 of the same year, the school began to use its official seal. In January 1983, to meet the needs of national institutional reform and the development of foreign economic and trade affairs, the State Council decided to merge the International Economic Management Institute with Beijing Institute of Foreign Trade to form Beijing Institute of Foreign Trade, and added the Department of International Economic Cooperation. In January of the following year, with the approval of the Academic Degrees Committee of the State Council, the trade program of Beijing Institute of Foreign Trade was authorized to confer doctoral degrees in economics, and the international economics program was authorized to confer doctoral degrees in law. In September 1984, Beijing Institute of Foreign Trade was officially renamed the University of International Business and Economics, and the Graduate School and the Department of International Economic Law were added. In 1986, the school added the Department of Humanities. In 1988, the school established the Department of Foreign Trade German. In November of the same year, the authoritative U.S. educational evaluation agency, the State University of New York Board of Trustees, issued a certificate of recognition to the UIBE's Master of Business Administration in International Trade and Business Administration.