Faculty of Economics, University of Banja Luka, is a higher education institution whose main activity is scientific teaching and scientific research. Faculty of Economic in Banja Luka was established on 06th February 1975 according to the Decision of the Municipal Assembly of Banja Luka no. 01-012/75. The Faculty evolved from the Department of the Faculty of Economics, University of Sarajevo, which began its operations on 01st November 1974. Today, upon the adoption of the Law on Higher Education of the Republic of Srpska, the Faculty possesses all necessary licenses and fully meets all necessary requirements prescribed by the Law (the Decision on establishing the conditions for the commencement of higher education institution no. 07.1 - 4462/07 of 02nd July 2007, the Decision on entry into the register no. 1-587-00 of 13th September 2007 and the Operating license no. 07.23/602-3900/09 of 22nd June 2009).
The mission of the Faculty of Economics is education and training of highly educated academic and professional staff, development of market-oriented competencies of students, as well as scientific research and cooperation at national, regional and international levels with the scientific-research institutions, governmental and nongovernmental institutions and industry.
The vision of the Faculty of Economics
The Faculty of Economics of the University of Banja Luka is a modern, developed, progressive and open Faculty, which represents the backbone of economic development of the Republic of Srpska.
The main goal of the Faculty of Economics of the University of Banja Luka is to become a leader in the field of higher education and scientific research within the Republic of Srpska and Bosnia and Herzegovina, and broader, in the regional context.
The objectives of the Faculty are:
- Provision of personnel and material conditions that will enable the realization of the main objective.
- Continuous performance of a modern teaching process, harmonized with the requirements of the industry and in accordance with all provisions of the Bologna process.
- Introduction of the European quality standards for the studies of I, II and III cycle.