Pancasila University was established on October 28, 1966 under the guidance of the Pancasila University Education and Development Foundation. The Faculty of Economics and Business, Pancasila University initially only had a Management Study Program, then since 1985 it has increased with the establishment of the Accounting Study Program. The Management Study Program has a registered status (1964), then recognized (1981), and finally equalized (1984) according to the Decree of the Minister of Education and Culture No. 0293/1984 dated May 25, 1984.
While the Accounting Study Program initially had approval status (1985), then registered (1989), recognized (1992), and finally equated (1993) according to the Decree of Higher Education No. 459 / DIKTI / Kep / 1993 dated July 13, 1993. The Management Study Program has obtained accreditation status with an "A" rating in accordance with the Decree of the National Accreditation Board for Higher Education (BAN-PT) of the Ministry of Education and Culture of the Republic of Indonesia Number: 4372/SK/BANPT/Akred/S/XI/2017
dated November 14, 2017 and the Accounting Study Program obtained accreditation status with "Rank A" in accordance with Number: 1901/SK/BAN-PT/Akred/S/VI/2017, dated June 13, 2017.
In 1993 the Faculty of Economics and Business has expanded its educational program by establishing a Master of Management Postgraduate Program (S-2) which has been accredited "A" according to the Decree of the Minister of Education and Culture Number: 024/D/0/1993. In addition, the Diploma III (D-III) Accounting and Diploma III (D-III) Taxation Programs were opened which began to be held in the 1996/1997 academic year and have obtained Accreditation with a Rank of "B" for the Diploma Three (D-III) Accounting Study Program in accordance with the BAN-PT Decree. No.: 078/SK/BAN-PT/Akred/Dpl-III/II/2015, dated February 28, 2015 and for the Diploma Three (D-III) Taxation Study Program obtained Accreditation with "Rank A" according to the BAN-PT Decree Number: 771/SK/BAN-PT/Akred/Dpl-III/VII/2015, dated July 10, 2015.
Furthermore, the Faculty of Economics and Business developed a Master of Accounting study program which was established in 2007 and has obtained Accreditation with an "A" Rating according to Number: 2295 / SK / BAN-PT / Akred / M / VII / 2017, dated July 11, 2017.
In addition to the S1 and S2 programs, a Doctor of Economics (S3) program has also been opened with a concentration in Business Management studies with an establishment permit number: 4228 / D / T / 2004, dated October 27, 2004, and has obtained accreditation with a Rating of "B" according to the DECREE OF BAN PT Number: 177 / SK / BANPT / Akred / D / I / 2018.
Since November 14, 2013 the Faculty of Economics changed its name to the Faculty of Economics and Business, Pancasila University (FEB UP).