In recent years, the School of Finance has adhered to the concept of open education and strengthened exchanges and cooperation with domestic and foreign universities and research institutions. The school signed a postgraduate joint training base agreement with the Central University of Finance and Economics, and a strategic cooperation agreement with the People's Bank of China Taiyuan Central Sub-branch and other units. A memorandum of cooperation was signed with China Securities, Shanxi Supervision Bureau and Shanghai Stock Exchange. In addition, the school signed a school-enterprise cooperation agreement with Taiyuan City Finance and Property Management company, and a county school cooperation agreement with Qixian County Party Committee, county government. In 2021, it was awarded the honorary title of "Advanced Unit of Industry-Teaching Integration in Shanxi Province" by Shanxi Provincial Professors Association. In 2022, the Shanxi Modern Finance Industry-Teaching Alliance, which was built by our school together with governmental organizations, financial industries and enterprises, was listed as "the first batch of pilot construction and cultivation objects in Shanxi Province" by the Provincial Development and Reform Commission.

The school co-organized the online and offline synchronous national academic conference "The Seventh (2020) Annual Conference of China Financial Management" with the Shanxi Finance Society, assisted the Department of Applied Economics in organizing the "2020 Summer School for Postgraduate of Applied Economics in Shanxi Province", and co-organized the "Forum on the Development of Postgraduate Financial Education" with Sanli Futures Co. Ltd. Moreover, the school, together with the Secretariat of China Financial Education Forum, the Golden Course Alliance of Financial Education in Chinese Universities and the School of Finance of Central University of Finance and Economics, co-organized the "12th China Financial Education Forum" and "Workshop for Backbone Teachers of Core Curriculum of Financial Science and Technology Specialties" , and held "2021 Teaching Experience Exchange of Finance Majors in Colleges and Universities and Presentation of Excellent Teaching Papers of China Financial Education Forum".

The school co-organized the "11th Annual Conference of China Regional Finance" with the Council of China Regional Finance Conference and other units, which received high attention from many mainstream media, including Xinhua Finance, whose single report was viewed 317,000 times. The school also has maintained long-term and stable academic exchanges with the Institute of Finance of the Chinese Academy of Social Sciences, Renmin University of China, Central University of Finance and Economics, University of International Business and Economics, Zhongnan University of Economics and Law, Nankai University, Xiamen University, and other famous domestic institutions. Teachers have participated in various academic activities for more than 300 times and invited experts to give lectures for more than 160 times.

The College further promoted the "3+1" dual-degree program agreement with Deakin University in Australia. 10 students participated in the inter-university exchange and cooperation program with the University of Silesia in the Czech Republic. The school has also set up one Shanxi Province public overseas study visit program, and added 5 new international students. A number of foreign scholars were invited to the school for academic exchanges. The International Conference on Financial Regulation and Financial Stability was held for four consecutive years, which was attended by scholars from the University of London, the London Business School, the University of Edinburgh, the University of Economics and Management and Applied Sciences of Essen, Zhejiang University, the University of Macau, Nanjing University, Xiamen University, Southeast University, Shandong University, Hunan University, Tianjin University, Sun Yat-sen University, the Central University of Finance and Economics, Capital University of Economics and Business, Beijing Normal University, etc. More than 100 experts and scholars from more than 60 universities and colleges, gathered to discuss the cutting-edge issues in the field of financial security and risk prevention.