The School of Economics and Business in Sarajevo (SEBS) was established in 1952 as the Faculty of Economics. Its first class consisted of 105 full-time and 129 part-time students. SEBS has the longest tradition and is the largest educational institution in Bosnia and Herzegovina. It is a leading institution in the BH higher education system in the creation and dissemination of knowledge in the fields of economics and business administration. Of particular significance is the continuity of School operations throughout the past 56 years. Even amid the heaviest shelling and warfare during the aggression against Bosnia and Herzegovina from 1992-1995, teaching did not cease, owing to the enthusiasm and dedication of both employees and students. The School managed to keep the majority of its faculty members even during the most difficult periods of its history. Over the last fifty years, the School has been continually developing and implementing numerous programs leading to the formation of highly-educated and creative professionals capable of assuming managerial and leadership roles in their professional careers. Its main goal is to adopt and apply all current trends in business, economics and education to adapt to our rapidly changing, competitive environment.
 
As of 2009, 15.154 students in the four-year program, 823 students in the three-year program and 3.543 students in the two-year program have graduated from the School. 569 applicants acquired a Master’s Degree, while 187 doctoral dissertations have been defended.
 
Endeavoring to make its curriculum and syllabus as modern as possible, as well as to intensify steps towards the internationalization and international recognition of its degrees, the School was the first in Bosnia-Herzegovina to adopt and implement (during the 2001/2002 academic year) a curriculum based on the European Credits Transfer System – ECTS. An appreciable level of cooperation has been achieved with elite schools of economics both in Europe and around the world, providing students with a wider array of choices, and allowing their own independent influence on the development of the programs in which they participate. The second step in implementing the ECTS-based concept of study at the School started in 2005 with the introduction of the “3+2+3” system. The School introduced its first generation of graduates, which is based on an ECTS concept, in October 2008.

The School of Economics and Business in Sarajevo wants to become a place of enviable scientific research results, efficient transfer of knowledge and skills, ultimate life and working conditions, and openness to new ideas, initiatives and aspirations.
 
Leadership, competitiveness, openness, social achievement, quality of life and responsibility are the main determinants of our activities. We want our students to acquire these values in a cordial atmosphere and to lead the economy and society towards achievement of the highest global standards
 
Our goal is to remain the leader in Bosnia and Herzegovina in the field of higher education, by achieving competitive advantages. Our competitive advantages are based on attracting highly motivated students, while ensuring the education and promoting knowledge in the field of business and economics, all through innovative research of relevant global and regional issues. In this process the School fosters the highest ethical principles and social responsibility. The final goal is establishment of strategic partnerships with educational institutions in the region and worldwide, through joint programs, diplomas and exchange.