Hubei University of Economics was established in March 2002, located in Wuhan, Hubei Province. It is a full-time undergraduate institution of state-owned university focusing on economy and management.

Hubei University of Finance and Economics, also known as Zhongnan University of Economics and Law, was founded in 1948. It is a national key university directly under the Ministry of Education of People's Republic of China (PRC), focusing on economics, law and management, covering nine disciplines such as philosophy, literature, history, science, engineering and art, and was selected as "21kloc-0/".

Accounting belongs to the discipline of finance and economics, and it is more suitable for Hubei University of Finance and Economics in terms of discipline and school conditions.