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.
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”.
In only 20-some years, SDIBT has become a comprehensive finance and economics university It emphasizes teaching, focused on academic research.
It promoted reforms such as motivation, and embracing school motto of “With Management and Economics Prosperity, Comes Wisdom and Compassion”.
SDIBT implements the strategy of “ Supported by Discipline, Strengthened by Talents, Prospered by Unique Characteristics”.