The university was founded in 1966, when the Department of Financial and Economic Faculty of Kyiv Institute of National Economy was opened in Ternopil. Within the years, the department was transformed into the faculty (1967), after that – into Financial and Economic Institute (1971), Institute of National Economy (1989), Academy of National Economy (1994). On March 30, 2005, the educational establishment became a university. On September 29, 2006, the national status was conferred to the university.
