The college started in the year 1994, to be one of the most important college in the University; which contributes in achieving its Scientific, and social mission. In addition to provide the local market with highly qualified cadres.

The college started with different programs for bachelor degree in different specializations namely; Business Administration, Accounting, Finance and Barking, later on, in the year 1999 Economic department was established. In the year 2001 two main departments started namely; Marketing and Management Information System (MIS). In the year 2006 Accounting Information System (AIS), also was Launched, and in the year 2010, Islamic Banking department was also emerged.

In the year 2010, it was a new starting for the college to launch Post Gradute Studies programs; master programs in Accounting was started, In the year 2013 master program in Markting also was started and finally in the year 2015 master program in Business Administration (MBA) started.

The college Conduct annually an international scientific conference, where the college conducted so far ten international seientific conferences, where the last one is the 10th international scientific conference titled "Exploring The Future of The International Trade In The Light of World Trade Organization" during the acadmic year 2014/2015.