Xinjiang University of Finance and Economics was set up in 1950. It got the ace certify program in 1998 and MBA program in 2001 individually. 2009 saw its concede of EMBA program, which is the just a single in Xinjiang. At present, the college comprises of twenty schools and divisions, with thirty two disciplines for students, five disciplines for first level Master programs, twenty seven disciplines for second level Master programs and nine disciplines for Professional Master programs. Its the key establishment for the study of political economy. The university has now more than 22,585 students, with around 200 worldwide students. Among all faculty more than 1450, there are 829 full-time educators, of whom there are 8 doctoral program administrators and 176 Master program chiefs. The university is devoted to be the best in Xinjiang, the five star in the Northwest area, surely understood in China and a persuasive one in Central Asia under the approach of change and interior improvement. It has established close cooperative extramural relationships with 9 colleges and universities like Azusa Pacific University, Asia University, Kyrgyzstan Bishkek Humanities University. XJUFE has established the Confucius Institute at Aktobe normal University, Kazakhstan.