The predecessor of Beijing Finance and Trade College is the Beijing Municipal Finance and Trade Cadre School established in 1958. The Beijing Municipal Finance and Trade Cadre School was established by the merger of Beijing Commercial Cadre School, Beijing Commercial Workers School, Beijing Food Cadre School, Beijing Supply and Marketing Cooperative Cadre School, Beijing Service Bureau Staff Training Class, and Bank of Beijing Training Class. On 15 March 1960, the General Office of the Beijing Municipal People's Committee approved the establishment of the Beijing Finance and Trade Secondary Professional School. In August 1962, Beijing Municipal Finance and Trade School operated independently. The school was abolished during the Cultural Revolution. In October 1972, the Beijing Finance and Trade School was established. In 1973, it was established and named "Beijing Finance and Economics School". In 1975, it was renamed "Beijing Finance and Trade School." On 28 December 1978, the Ministry of Education issued the "Notice on Consent to Reinstatement and Addition of a Group of Ordinary Colleges and Universities", and added the Beijing Finance and Trade College as an ordinary higher education institution.