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Study Abroad and Domestic Study Away

ISEP at Jiangxi University of Finance and Economics (JUFE)


China has long captivated the imagination of the world. Whether one explores China for its rich and vast history or is intrigued by its foray into the international arena, there is something for everyone.

JUFE, founded in 1923, is located in Nanchang city, Jiangxi province, China. It is one of the leading universities in economics and management nationwide, ranking 7th among all the universities of Finance and Economics in China. It is jointly governed and sponsored by the Ministry of Finance, the Ministry of Education and the People’s Government of Jiangxi Province. JUFE offers Mandarin Chinese classes for every level and a variety of English courses in business, finance, and economics. 

This program is best for a student that is independent.  A student must be comfortable with advocating for themselves on campus and comfortable with the local language to thrive in this location. Please be aware that there may not be the same access to internet or amenities to which you may be accustomed.  Student services and especially class registration may not be at all similar to what is done at the College and may be difficult for some students to adjust.  

Learn more about JUFE here! Read the ISEP Country Handbook to learn more about visa requirements, educational system, and culture.


Program Type



Nanchang, China

Languages of Instruction

Mandarin Chinese, English

Program Dates

Fall 2018: September to January

Spring 2019: February to June

All dates are tentative and may change. ISEP will alert all accepted students of final dates.


To be eligible to participate in this program, students must meet the following requirements:

  • Good academic and judicial standing during time of application AND time of participation in program
  • Undergraduates must have completed at least two semesters of study at Lake Forest College AND have junior status or higher before participation. 
  • At least 18 years of age by the program’s departure date. 
  • Be able to stay at the host program for the duration of the semester, including through the exam and travel periods
  • Minimum GPA of 2.75.  


Students applying to ISEP must apply for an Exchange option (in any country) as a first choice but may apply to a Direct option as a back-up.  Direct options may have an additional cost.


ISEP Exchange chance of placement for US students is generally Excellent.


Nanchang, the capital of Jiangxi Province in southeastern China, was ranked by Newsweek Magazine in 2006 as one of the “Ten Most Dynamic Cities in the World.” Famous for the Nanchang Uprising on August 1, 1927, the city is considered the birthplace of the People’s Liberation Army. It is also known for Tengwang Pavilion, Poyang Lake, and one of the tallest Ferris Wheels in the world.


Jiangxi University of Finance and Economics is a multi-disciplinary university focusing on economics and management, it also covers subjects in science, humanity, engineering, law, forestry, and education, although it was originally established as a business school in 1923.

Mandarin Chinese courses, Chinese Culture, and Business courses taught in English. Taichi and Chinese Kungfu courses are popular 

Students typically enroll in 6-8 classes per term, which averages to 20 hours in class per week. A term runs for 16 weeks. Students should take 15-course units to earn the equivalent of 4 Lake Forest credits.


Academic Environment and Teaching Style

Typical Chinese classes are mostly lecture style. There are usually no presentations, essays, or group projects required. Students are expected to do the homework and pass the exams. The grading scale is typically 0-100 with a minimum passing score of 60.

Please understand that the academic system is quite different. Classes are usually lecture-based, instead of discussion or group work. Classes are often much larger than those found at Lake Forest College. Grades are based heavily, at times almost entirely, on one end-of-term exam, though some courses will also offer a midterm.  Professors are often more formal than those in the United States.

All courses/modules may have prerequisites.  Some departments may have limitations on numbers of courses that can be taken within or outside it.  Be aware of these limitations.

Can review the country handbooks for ISEP here as well:



ISEP Placement info: http://www.isep.org/Coordinators/us_placement_notes_english.asp


Please review country handbook for more information on the education system, grades, class hours, and classroom etiquette.


Accounting, Economics, Finance, International Business, Management, Marketing 

 Language Courses: Intensive Mandarin Chinese courses are offered in addition to regular classes during the academic year and/or semester for all levels.

Students wishing to take regular academic courses taught in Chinese must pass the HSK Level 6.


For a list of course options in English: click here. Use the JUFE website to find regular academic courses taught in Chinese. Students who need to get all their courses pre-approved must be flexible as course offerings may change upon arrival.

Course Approvals

Check to see if your department has pre-approved courses here. If not, don’t worry. You can work with your advisor.

Experiential Opportunities

International students visit local famous enterprises. International students can do charity work in some primary schools.

Student Life


The Orientation Program is held within the first week of student arrival. JUFE’s ISEP coordinators will host the orientation. JUFE’s president will also be invited to attend. The orientation includes an introduction to the University, a campus tour, familiarization with banks, postal service, shopping and sports facilities on or around campus, etc. Students are provided with an International Students Orientation Handbook and JUFE’s map at orientation 


Pick-up service can be arranged from Nanchang Changbei Airport or train station. Drivers and STUDENT SUPPORT CENTER will offer international students a good pickup service. Students must inform STUDENT SUPPORT CENTER in advance with detailed flight information. Detailed information can be found in WELCOME LETTER sent by JUFE to every student.

STUDENT SUPPORT CENTER: Chinese student volunteers constitute such a support center, volunteers make friends with international students, help them to solve all the problems in their campus life. All international students are grateful to volunteers’ selfless help and support.



JUFE will offer two tours for international students in each semester, enjoying the beautiful scenery of small bridges, running brooks, flower garden, and artificial hills. JUFE’s annual Sports Festival is a popular campus event in which many international students participate. The first football team of international students was founded in 2014. Pair-share with Chinese families has been a very popular activity since 2012. International students can enjoy the real local life with their Chinese families.

Housing and Meals

Students are housed in single rooms with a private bathroom in the international students’ residence hall located on campus. Refrigerators are equipped with a public kitchen. Students are offered a meal stipend and electricity stipend. 

Financial Information

For all approved programs for guaranteed financial aid transferability, students pay their Lake Forest College tuition plus a program fee. The program fee for a semester with the ISEP Exchange program includes orientation, on-site director, college fees, housing and a stipend to cover the equivalent of 19/meals per week.

Here is an estimated budget for the Fall 2018/Spring 2019 semester:

Budget Item


Lake Forest College Tuition


Program fee (estimated)

Note: Spring may have added cost


College Deposit (credit)


Total Expected Billed by Lake Forest College


ISEP Fee due on Stage 2 Application



College Deposit due on Acceptance (non-refundable, but shows as credit on bill for off-campus term)


ISEP-required health and repatriation insurance ($90/mo estimated)

Note: Some countries require national insurance. Check ISEP


Additional Meals


Estimated Airfare


Estimated Personal Expenses (passport, visas, immunizations, textbooks, supplies, personal expenses, additional national insurance, if required, travel insurance, additional travel etc.)


Total Out-of-Pocket Expenses




Tuition rates and program fees are subject to change each year, but this information was up-to-date as of January 2018. We will notify applicants, and update this page if the program fee or other estimates change.

Keep in mind that you may spend more or less in certain areas like personal expenses, travel, meals, or airfare, depending on exchange rates and your own spending habits. Classroom or lab fees are not included in this estimate and will depend on your course registration choices.  

Don’t forget to apply for scholarships! A great listing can be found here.  

Do check your student account on My.Lakeforest for your aid awards, as much of this will go with you. If you want to compare your program to the cost of being on campus, those numbers can be found here: https://www.lakeforest.edu/admissions/tuition/fees.php

You can discuss with Financial Aid your specific aid package, and your expected family contribution.

Experiences of Former Students


“JUFE is a very nice place, at the beginning it is hard, now I know, but with the time you get used to it and start to love it and not want to go back. .” –Viridiana Juarez Gonzalez, Universidad La Salle