Under the new situation, college teaching reform must earnestly implement the Party’s educational innovation thought, and constantly explore new ideas and new methods of education and teaching reform. For financial and economic colleges and universities, it has become an important task to strengthen the connotation construction, highlight the characteristics of financial and economic education, train students’ ability to transform and apply knowledge and practice, analyze and solve practical problems in social production and life. The goal of talents training in financial and economic colleges should be combined with the cultivation of “four abilities” of college students. Centering on the cultivation of “four abilities”, the teaching system of finance and economics colleges should reform the traditional teaching mode, construct the teaching system with the cultivation of the four abilities as the core, and innovate the practical teaching mode.