The School of Economics and Business of Qingdao University of Technology was reorganized in early 2003 to meet the needs of national economic and social development. There are three undergraduate majors in statistics, international economy and trade and economics, as well as international trade; Master degree in quantitative economics. The College of Economics and Business has an excellent style of study. Pass rate of CET-4 and CET-6, pass rate of computer, admission rate of postgraduate entrance examination and excellent rate of study style are among the best in the whole school. The College of Economics and Business has 34 faculty members, including 4 professors and 5 associate professors. There are 2 doctors and 27 masters. The College of Economics and Business has a team of teachers with reasonable professional structure, age structure, professional title structure and academic qualifications, who are dedicated to their posts and have strong cohesion and can engage in teaching, scientific research and management consulting services.