Based on the principle of complementary cooperation and mutual development, AIEN Institute was jointly built by Shanghai Ocean University and University of Tasmania, Australia in 2002. The Institute now has two disciplines which were authorized by Shanghai Education Commission in 2002 and 2003: bachelor degree program of Information Management and Information Systems and bachelor degree program of Marketing. In January 2008, the two cooperative programs were one of the very first programs approved by the Ministry of Education through a double check system. It adopts the cultivation mode of “4+0”and is included in the national undergraduate enrollment plan. The institute has enrolled 8 cohorts of students, a total of 1,600 in number, 5 of which have already graduated.