The invention discloses a novel student smart watch and a smart student management system with the same. The watch comprises a watch shell and a watch wrist and further comprises a processor, a display screen, keys, an MIC/loudspeaker, a storage device, a GSM/GPRS module, a GPS chip, a WiFi chip, a battery module, a USB interface and an integrated campus IC card, wherein the display screen, the keys, the MIC/loudspeaker, the storage device, the GSM/GPRS module, the GPS chip, the WiFi chip, the battery module, the USB interface and the integrated campus IC card are connected with the processor. The smart student management system comprises the student smart watch, a cloud platform, a teacher APP terminal, a parent APP terminal and a campus card reader. With the student smart watch being the core and the cloud platform being the basis, the teacher APP terminal and the parent APP terminal serve as a communication bridge to set up a platform for communication among students, teachers and parents, and problems caused by unsmooth communication and non-transparent information among students, teachers and parents can be well solved; the M1 card in the watch can communicate with the campus card reader to achieve the functions of school identity recognizing, recharging and consuming.