Abstract:Whether financial budget management in colleges and universities is scientific and reasonable or not is directly related to the development of every school.This paper makes a comparision between Chinese and American colleges and universities from the following six aspects:establishment of the institutions,establishment progamming,priority field,methods,budget adjustment and budget effect and puts forward several suggestions on how to learn the experiences of budget management from American colleges and universities and improve the budget management of Chinese couterparts,which includes perfecting the organizational system of college budget management,increasing the rationality and transparency in budget,strenthening the seriousness of budget control and enhancing the performance evaluation in colleges’ budget.