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Until 1989, graduates went to work either for the Ministry or the many state-owned import/export companies throughout the country. The university has traditionally had a reputation as a training ground for top civil servants in the Ministry of Commerce (previously known as Ministry of Foreign Trade, Ministry of Foreign Economic Relations and Trade and Ministry of Foreign Trade and Economic Cooperation) under the government of the People's Republic of China. The university offer a range of courses in international business, economics, international trade, finance, management, commercial law, foreign languages and related fields. UIBE is included in the state Double First Class University Plan, a program designed by the Chinese central government aimed at turning about 140 Chinese universities into exceptionally world-class academic institutions by 2050. In the year of 2000, UIBE has become one of the state universities under the leadership of the Ministry of Education, and in June of the same year it merged with China Institute of Finance, from then on, it has become one of the leaders not only in the studies of economics, business management and law, but also in finance. In May 1997 UIBE was put on the list of " Project 211" universities of the first batch. Following the onset of Chinese economic reform under Deng Xiaoping, UIBE witnessed unprecedented development and expansion, and in 1984 was renamed the current name, University of International Business and Economics. It was first designated as a key university by the Chinese government as early as 1960 for its outstanding academic programs, and then designated as a national key university in 1978 after suspension in the Cultural Revolution. It provided education and training for government officials responsible for China’s economic and international business administration under the leadership of the Ministry of Foreign Trade and Economic Cooperation and Ministry of Education. The university was founded in 1951 as the Beijing Institute of Foreign Trade. UIBE is ranked 101-200th in WURI Global Top 100 Innovative Universities Ranking 2021. It receives direct dual administration from the Ministry of Education and the Ministry of Commerce of the People's Republic of China. In 2015, UIBE had 12,760 students enrolled from China and 3,334 international students from 148 countries and regions.
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As of 2020, it ranked no.3 among universities specialized in finance, business, and economics in the recent edition of the widely recognized Best Chinese Universities Ranking. UIBE is widely considered to be the leading Chinese university of economics, finance, international business, and foreign languages. The University of International Business and Economics is a first-tier public research institution within the national key university Double First Class University Plan and former Project 211 and thus receives special support and endorsement from the Chinese government. The UIBE is also one of the most competitive and selective universities to enter for undergraduate education in China. It is a Double First Class University included in the national Double First Class University Plan. Established in 1951 in Beijing by China's Ministry of Foreign Trade and Economic Cooperation, it is one of the elite Chinese universities. 贸大, Mào Dà), is a public research university specialized in undergraduate and graduate education in economics, finance, international business, management, business, law, foreign languages and foreign relations. The University of International Business and Economics ( UIBE simplified Chinese: 对外经济贸易大学 traditional Chinese: 對外經濟貿易大學 pinyin: Duìwài Jīngjì Màoyì Dàxué abbr.