The School of Economics of Shenyang University of Technology (SUT) dates back to the establishment of the Department of Management Engineering in 1981. In 1987, in order to meet the demand of the further nation-wide reform and opening-up, the Department of Management of SUT organized two cohorts of students in the five-year bachelor program in Industrial Foreign Trade consisted of students among the Grade 1985 and Grade 1986 under the sponsorship of Liaoning Provincial Government. In 1988, the bachelor program of Industrial Foreign Trade was approved and the first cohort of students was admitted. The Department of Management Engineering was turned into the School of Economics and Trade in 1993, and the name of the School of Economics and Trade was changed into the School of Economics and Management in 1999. In 2002, based on the School of Economics and Management, SUT established the School of Economics and the School of Management. The School of Economics then ran two bachelor programs- International Economics and Trade, and Finance and a master program -International Trade. In 2011, the Category I master program-Applied Economics -was approved. In 2014, the professional master program of Finance (MF) was approved.
The School of Economics of SUT now has one Category I academic master program of Applied Economics, a professional program of Master of Finance (MF), and four bachelor programs of International Economics and Trade, Finance, Financial Engineering, and Economics. The bachelor program of Finance has been awarded the first group of “Top Bachelor Program in Liaoning Province” in 2019. The School has short-term cultural exchange and runs the joint 3+1+1 MBA program with Delaware State University of the United States of America, and holds the 2+2 bachelor program of International Economics and Trade with the Griffith University of Australia. It boasts more than 900 full-time bachelor students, more than 110 master students including more than 40 professional master students in MF, and more than 20 international students in both master and bachelor programs.
The School of Economics now owns 46 members of faculty and staff, with 11 professors, 13 associate professors. There are 3 National Grade III professors, 28 master student supervisors among the faculty. Among the faculty, 1 is the Model Teaching Professor of Liaoning Province, 2 are among the Top 100 Talents and 1 is among the Top 10,000 Talents in Liaoning Province, and 1 is selected as the candidate the Cultivating Program of the Outstanding Youth Scholars in the Liaoning Provincial Universities. 16 of them have the experience of either studying or working in European or North American countries. 3 professors are appointed as the members of the Bachelor Program Teaching Guidance Committees in the fields of finance, economics and trade, and economics by the Department of Education of Liaoning Province.
In recent years, the School has carried out 3 national scientific projects, and 68 provincial, municipal and business projects. It has received 2 Grade II and 3 Grade III awards of the Achievements of Philosophy and Social Sciences of Liaoning Province, 1 Grade II award of the Science and Technology Advancement of Liaoning Province, and 1 Grade I, 1 Grade II, 1 Grade III awards of the Teaching Achievement of Liaoning Province. In the recent five years, the faculty members have published 13 academic books, 153 articles, in which 18 articles are published on the journals indexed by CSSCI, and 14 are on the journals indexed by EI. The internship base jointly established by the School and the Bohai Commodities Exchange was conferred the Provincial University-Business Joint Internship Base by the Department of Education of Liaoning Province in 2012, and awarded the National University-Business Joint Internship Base by the Ministry of Education of PRC. The Research Base of the Northeastern Asia Economic Cooperation and Pilot Free Trade Area hosted by the School of Economics was approved as the Key Research Base of the Economic and Social Economic Development of Liaoning Province.
In the many years of teaching and research, the School of Economics has been trying to meet the demand of the talent quality and structure for the applied economy in the economic and social development of China. It relies on overlapping disciplines in the backdrop of engineering university, and always takes the discipline construction as the lead, and keeps the mainline of teaching reform, scientific research, and student service. It is aiming to cultivate talents of applied economics who can accommodate the needs of society and have the potential entrepreneurship ability. The excellent alumni of the School of Economics are now working in the famous organizations and institutions like Tsinghua University, Beijing University, Tencent, Alibaba, BMW China, the Bank of China, China Construction Bank, China Merchants Bank, and the agencies of various governments.
