According to official website, the Oriental College of Shandong University of Finance and Economics is a full-time independent college jointly organized by Shandong University of Finance and Economics and Shandong Gold Group Co., Ltd. and approved by the Ministry of Education. Although Oriental College of Shandong University of Finance and Economics is not a public institution, it is a full-time independent college jointly organized by Shandong University of Finance and Economics and Shandong Gold Group Co., Ltd. in Tai 'an City, Shandong Province according to the new mechanism and mode, and approved by the Ministry of Education. At the same time, it is also a national Universities of Applied Sciences (university) alliance unit, a pilot university of the "Data China Integration Promotion Plan" of the Ministry of Education, and a national innovation and entrepreneurship practice alliance unit, and is known as the "cradle of excellent applied financial talents".