The mission of the Faculty is to train academic and practical specialists in finance and to carry out research into theoretical and practical issues with a view to strengthening the country's financial management and to copying with the financial developments of the world.

It was separated from the Faculty of Economics and named as College of Finance in Juche 99(2010), now renamed as Faculty of Finance.

It has five departments, which include the Public Finance Department, the Finance Department, the Accounting Department, the Department of International Finance and the Department of Financial Information, and a financial research unit.

It offers courses in public finance, finance and international finance.

The main subjects include Public Finance, Finance, International Finance, Accounting, Finance Modeling, Insurance, Financial Capital and Accounting Analysis.

It has a staff of forty lecturers and researchers including seven Doctors of Philosophy. Ten of them are professors and associate professors.

It enlists about 600 students.