The Faculty is an independent higher education institution. It was founded with the consent of the Council for Higher Education of the Republic of Slovenia, No. 0141-1072008/8 of 6 October 2008. It was entered in the Register of Companies on 17 June 2009. It was entered in the Register of Higher Education Institutions, kept by the Ministry of Education, Science and Sport, on 17 June 2009 under reference number 37.
It carries out its activities on the premises of the University of Novo Mesto Faculty of Economics and Informatics, with which it has concluded an agreement on the use of business premises.
The first generation of students was enrolled in the 2010/11 academic year.