The Faculty was established as a technical college and as an independent higher education institution in 1997. The first students were enrolled in the 1998/1999 academic year.
In 2016 it was transformed into a faculty; in 2018 it founded the University of Novo mesto together with the Faculty of Business and Management Sciences, the Faculty of Mechanical Engineering and the Faculty of Health Sciences, and became its member.
The Faculty has received a concession from the Government of the Republic of Slovenia for the implementation of three officially recognised study programmes, namely:
- For the professional higher education study programme Business and Management (awarded on 23 December 1998, start of implementation: 1 October 1999);
- For the professional higher education study programme Business Informatics with the study fields Computer and Information Science and Business Informatics (awarded on 27 December 2007, start of implementation: 1 October 2008),
- For the professional higher education study programme Environmental Management (awarded on 10 February 2022, start of implementation: 1 October 2022).
In addition to the above-mentioned programmes, the Faculty is also implementing the officially recognised master's study programmes (second-cycle study programmes) Business and Information Systems Management, Business Economics and Environmental Management.