Abstract: In the past 10 years, Shanghai Ocean University has mainly taken some measures in the reformation of finance management. Our aim is to enhance efficiency of running the university, optimize the structure of the staff and actively promote the reformation of the expenditure distribution system among the staff. In order to adapt to the features of Shanghai of the beginning of the new century, stabilize the teaching staff, our university introduced timely the reformation of housing monetary system for teachers, we achieved very remarkable efficiency with relatively low cost. In order to meet the requirement of expenditure classified management suitable for public finance and actively promote the department budget system within the university, we set up the budget administration system and ways of expenditure classified administration which are characterized with the feature of our university, all these have some instructional function for the reasonable arrangement of the university expenditure. Also we actively promoted the informationizing of finance management. In this paper, I briefly introduce the background of such practices, the reflection of the designing and the effect after implementation, hoping that I can get the comment and criticism from experts of the same occupation.