After his studies at Peiyang University in Tientsin Dr. Ma Yin-ch’u went to America with government support to pursue higher education. He was in America studying for nine years. The first school Dr. Ma attended in America was Yale University where he graduated in 1910 with the degree of B. A. Then he was admitted to the Columbia University to do research work on: Political Economy and there obtained the degree of M .A. and also that of Ph. D.
Following his graduation from Columbia Dr. Ma spent two years at the Department of Commerce in the University of New York. During this period of time he devoted himself to the study of high accountancy and statistics and finally wrote a book entitled The Finances of the City of New York.
Dr. Ma returned to China in 1915 when he became a Professor of Economy in the Peking Government University. Later he was given the Chair of the Department of Economy. Subsequently the university underwent a reorganization and Dr. Ma was appointed Dean of the University.
In 1920 Dr. Ma left Peking for Shanghai where he took up the advisorship to the National Commercial Bank and at the same time played an important part in the founding and organization of the Department of Commerce at Shanghai under the SouthEastern University, Nanking.
In 1922 Dr. Ma returned to Peking to become the Chief of the Issue Department of the Bank of China in its head office. At the same time he again accepted the professorship in the Department of Economy of the Peking Government University.
Dr. Ma spent his leisure' time in writing books, giving lectures and making study on economic sciences in general and on Chinese financial problems in particular. He also published the first volume of his lectures.