In September 1958, the five cadres schools were merged to form the Shanxi Finance and Economics Institute (SXFEI).
SXUFEs comprehensive ability in running a university is improving steadily.
In the aspect of scientific innovation and competitiveness, SXUFE is in the list of the top 100 universities of social sciences.
Research of all kinds at SXUFE is increasing in quantity, quality, and diversity.
In 2005, SXUFE received two nationally funded projects in natural sciences and three in social sciences and 22 research projects received Shanxi Excellent Research Award.