Approved by the Guangdong Provincial People's Government and the Ministry of Justice, this school is an institution of higher learning featuring law and business, one of the key universities in Guangdong Province, and one of the designated universities in the "1+2+ 1 China-US Talent Training Plan" issued by the Ministry of Education.

The college is a financial undergraduate college with economy, management and law as the main body and coordinated development of economy, management, law, literature, science, engineering and art. It is also the first institution of higher learning in Chinese mainland with business and law as its teaching features.