The Faculty of Business, Economics and Accountancy (FBEA) was established in 1995 under the name of School of Business and Economics. The aspiration of its establishment was the needs for professionals in the area of management, business and economics. Realizing the importance of human capital as a basis to create a developed nation, as outlined in Vision 2020, the academic program in FPEP is formulated to produce quality graduates to fulfill the needs for capable managers, entrepreneurs, accountants, economists and industrial players.
On 15 January 2019, Faculty of Business, Economics & Accountancy, UMS had jointly organized a 'SUMMER SCHOOL 2019' programme with Akita International University (AIU), Japan & Universiti Teknologi Malaysia (UTM) involving AIU, UTM & UMS students. Based on the concept of Project Based Learning, Summer School 2019 involving students of Tourism Programme from these three universities which focus on Green Economy. The 10-day programme will be held from 15 - 24 January 2019.