Public Finance is one of the traditional majors in ZUFE. Now it is a national characteristic discipline, belongs to the Professional Comprehensive Reform Project of the Ministry of Education, and is a Key Discipline of Zhejiang Province in the 13th Five-Year Plan. It has more than 10 National Undergraduate Quality Projects, such as the National Teaching Team (The team of Public finance Core Course), National Off-campus Practice Base (Practical Education Base of ZUFE), National Excellent Course, and National Excellent Resource Sharing Course (PUBLIC FINANCE and CHINA TAXATION).

The major has always adhered to the development strategy of pragmatic and enterprising, striving for excellence, and promoting the teaching and research reform of the integration of science and education actively. It has formed a long-term mechanism for scientific research serving teaching, scientific research leading teaching, scientific research cohesive team, and discipline driving. The teachers have undertaken many projects for the National Social Science Major Tender Project and Major Projects of the Ministry of Education. There are more than 20 projects for the National Social Science Funding Project and the National Natural Science Foundation of China. Its research reports have been approved by both national and provincial experts and won a number of provincial and ministerial scientific research awards. Its teachers have a high reputation and certain academic influence in colleges and universities in the province and even in financial institutions throughout the country.