Shandong Technology and Business University (formerly Shandong Institute of Business and Technology and China Coal Economic College) was established in December 1985 with the approval of the former Ministry of Education. It is located in Yantai, Shandong Province, China. It was the only Finance and Economics University of the former Ministry of Coal Industry. History SDIBT was built by the Central government and Shandong Province and is primarily managed by the province. In November 1997 SDIBT was successful in meeting the requirements and standards of the undergraduate educational evaluation by the former Ministry of Education. In December 2003, the Education Ministry evaluated bachelor degree teaching standards. SDIBT was successful in meeting the standards. In February 2003, the State Ministry of Education gave approval for the institute to change its original name, Shandong Technology and Business University (STBU), to Shandong Institute of Business and Technology (SDIBT), but in late 2018 the original name was restored. Facilities SDIBT is known as the “Garden and Intellectual Campus” at the provincial level. The campus has an area of 1,392 mu and covers over 370,000 square meters. The school hosts a library of 1736,500 volumes of books. It has fixed assets of over RMB 50,000,000. SDIBT has more than 1,000 staff, including over 700 teachers, 100 professors and 209 associate professors; 144 doctorate degree holders (including those currently undertaking doctorate studies) and 355 master's degree holders. Six experts enjoy State council special pension and more than 20 people have obtained the title of “National Excellent Teachers”, “Young and middle-aged Provincial-ranking Experts with Outstanding Contribution”, “First Ten Young and Middle-aged Jurisconsults” and “Theoretic Talents in One-hundred-talent Program of Shandong Province”. SDITB receives students from across China. At present, over 18,600 students attend regular full- time courses in the day. About 90% of the students who graduated from SDIBT won jobs at first attempt. Academics 17 departments operate in the university: School of Management Science and Engineering, School of Business Administration, School of Accounting, School of Public Management, School of Economics, School of Statistics, School of Law, Department of Social Science, School of Foreign Studies and Literature, College of Mathematics and Information Science, College of Information and Electronic Engineering, Sino-Canada Higher Applied Technology College, College of International Business, School of International Exchanges, School of Adults Education, Department of Sports and the Sino-Singapore Computer School . STBU offers 31 undergraduate programs: Business Management, Marketing, Human Resources Management, Labor