The finance major educational program is a cooperative project between JISU and New Jersey City University, which was ratified by the Ministry of Education in 2015. The program adopts a “3+1” model, which means that students will study in JISU for their first 3 years, and in New Jersey City University for the last year. If students pass all the examinations of their courses, they will get a bachelor’s degree from both universities. This project began in 2016. Since the day of enrollment, Chinese-foreign cooperative education has been included into the undergraduate program. It became an important part of the university, and students enjoy the same treatment as ordinary undergraduates during their school years.

New Jersey City University is located in Jersey City, New Jersey, which isjust across the river from Manhattan, New York. Founded in 1929, the school is a comprehensive public university offering 32 undergraduate programs and 19 graduate programs. In 2007, it ranked 58th of universities in North America. Now it has 10,000 students from more than 330 regions in 50 countries around the world. The business school that offers the finance degree has been certified by Association of Collegiate Business Schools and Programs.

The Sino-US cooperative education program is jointly formulated by the two Chinese and American institutions and the credits are acknowledged by both. From the courses offered, Chinese teachers teach 65.9% of the teaching hours, and American teachers teach 34.1% of them. The syllabus and original English textbook is provided by New Jersey City University, while American teachers give classes in English, and Chinese teachers assist by teaching in both Chinese and English.

As soon as students finish all the courses and pass all the examinations, assuming they have not displayed unreasonable behavior during their undergraduate study, they will get the diploma and degree certification from both universities. If students are unable to go abroad for the last-year of study at New Jersey City University and receive the permission of HQUFL, they can continue their study at the finance program (non-cooperative Education Project) in HQUFL. Accordingly, when they finish their courses, they will earn a diploma and degree certification of JISU. American Degree certification is issued by New Jersey City University and acknowledged in China after being certified by the National Education Administration. The degree certificate is also acknowledged in the Commonwealth countries.

I Objectives:

The project aims to offer well-rounded training that prepares people to satisfy the needs of China’s reform and development in business industry and the globalized financial situation. Students are expected to master the fundamental theories of finance and acquire basic knowledge of international financial management and accountant. Meanwhile, they will have acquired essential skills in multinational enterprise management, international financial investment, foreign exchange management and other relevant areas. Students will be open-minded, active and knowledgeable in the development trend of finance both in America and China in a new way.

II Training Specifications

1. Knowledge Expectations

1.1 Students are expected to have certain knowledge in mathematics and humanities as well as computer skills.

1.2 Students are expected to master the basic theories and basic methods of economics and finance.

1.3 Students should be familiar with national guidelines, policies and regulations on economics and finance.

1.4 Students need to understand the theoretical frontiers and developments of the financial discipline, the latest developments in the financial sector, and related issues that need to be addressed in financial development and reform.

1.5 Students should know the competitive environment and rules of the international financial market.

2. Capability Expectations

2.1 Graduated students can work as specialized personnel in international financial business and international trade business in banking systems, non-bank financial institutions, and corporations.

2.2 Students should master the basic theory of economics.

2.3 Students should systematically master the basic theories of international finance such as foreign exchange, foreign investment, international settlement, the management methods of modern banks, and the basic knowledge and basic skills related to trust investment and capital finance.

2.4 Students should be familiar with China’s laws, guidelines and policies on international finance.

2.5 Students should be proficient in English with strong listening, speaking, reading, writing and translating skills so as to work in financial business using English.

3. Professional Quality Expectations

3.1 Students should have good ideological and political qualities, healthy physical and psychological qualities.

3.2 Students should have a pioneering spirit and a correct outlook on life and values in line with the new era of socialism.
3.3 Students should have a high level of professionalism, a good work ethic and a dedication to serve the community.

3.4 Students should conduct professional quality analysis of financial market and business operations.

4. Qualifications

Graduates can get one of the qualifications or certifications including CCBP, the security and future practice qualification, and certification for personal finance and security analysis if they can pass the prescribed examinations. 

III Curriculum

1. Public basic courses: college English, spoken English, advanced mathematics, university computer foundation, college Chinese, etc.

2. American professional courses: microeconomics, macroeconomics, accounting principles I, accounting principles II, financial management, business statistics, business writing, insurance and risk management, investment principles and analysis, international business law, capital markets and finance Institutional studies, corporate finance, etc.

3. Chinese professional courses: currency banking, economic law, international finance, international trade theory and practice, finance and taxation, international settlement, securities investment (including simulation experiments), financial marketing, e-commerce, etc.

IV Advantages of the Project

1. It’s a unique foreign teacher resource. Excellent foreign teachers will be hired to provide oral English courses for students every semester. In addition, American teachers will come to the school to undertake teaching and assessment of core professional courses every semester. They will also regularly visit the school to give lectures and reports to help students effectively learn professional knowledge, hear about the latest achievements and research trends in the field, and have face-to-face communication with students.

2. It enriches campus cultural activities. Specialized activities such as oral English speech contests, English song contests, corporate sand table simulation contests and the international cultural exchange festival improves the quality of student extracurricular life and creates opportunities for practical application of their knowledge.

3. It has convenient conditions for going abroad. During the first three years of domestic study, students can also study abroad through various means.