[3] In 2012, it received approval as the China (Xinjiang)-Central Asia Economic and Trade Cooperation Service National Special Demand Doctoral Talent Training Program.

In September 2021, it was designated as one of the second cohort of national language and script promotion bases to be included in the list of selected units.

[4] In May 2022, the university commenced the formation of the Xinjiang New Liberal Arts Education Alliance (Chinese: 新疆新文科教育联盟) and assumed the role of chairman of the governing entity.

[5][6] The institute comprises 14 academic departments, namely banking, finance, accounting, business administration, statistics, information management, economics, marketing, law, computer science, foreign languages, preparatory studies, Chinese language, Marxism and Leninism, physical education, and one affiliated school for adult education.

Among all the departments, finance, accounting and business administration have been chosen as Xinjiang's key provincial disciplines.