The Shanghai National Accounting Institute (SNAI) was officially established in September 2000 with the strong support of the Chinese government. SNAI, as a public service institution affiliated to the Ministry of Finance of China (MOF), is subject to the dual leadership of MOF and the Shanghai Municipal People's Government. In 2011, SNAI was approved by the Academic Degrees Committee of the State Council as the unit for conferring Master's degrees in Professional Accounting, Auditing and Tax. Looking forward, SNAI will continue to make unremitting efforts to build it into the world's leading accounting institute with international recognition, which constitutes the realization of four sub-goals as being a highland in bringing up top accounting talents in China, a think tank for national accounting policymaking and corporate finance, a nationwide knowledge and information hub on accounting, and an international platform for communication and exchange in accounting.
The Asia-Pacific Finance and Development Institute (AFDI) which is co-located at SNAI, was initiated by the Chinese Central Government for region-wide capacity building under the APEC framework. Since the establishment in 2001, AFDI has conducted various capacity building trainings, seminars, forums and research on regional financial and development issues. Not only have these efforts facilitated knowledge and experience exchange, but also enhanced mutual understanding among the APEC member economies. In 2015, AFDI launched the Master of Professional Accounting Program, which has been approved as one of the “Master’s Program for Developing Countries” by the Ministry of Commerce. The Program aims to provide professional master degree education to the young and mid-aged finance officials in the region.
SNAI campus covers an area of 34.67 hectares and a floor area of 87,000 square meters. Its geographical location also is favorable, being adjacent to Shanghai Hongqiao International Airport and National Exhibition and Convention Center. The park-like campus is equipped with first-class teaching and learning facilities, as well as single room accommodations with 24-hour air conditioning, hot water and wide-band network for the international students during their schooling.