In 1991, the Faculty of Public Administration was established, later renamed the Faculty of Economics and Administration. It reflected the need of professionally trained specialists for local state and municipal authorities, and also managers of private companies operating in business, industry and services. The students are trained in economics, finance, management and marketing, focusing especially on public administration and economy. They are introduced to informatics, information systems and technologies, mathematics and statistics, with strong attention paid to foreign languages, regional administration and the European Union issues.
Reflecting its study specializations, the Faculty cooperates extensively with state authorities, both on regional and nationwide level, and internationally. There has been extensive and useful cooperation between the Faculty and relating entities on all levels, with manufacturing and business companies, and most importantly with multi-national organizations involved in public administration, including multi-regional municipal units within the European Union structures. The nature of the scientific research links the requirements for further improvement in public administration and economic institution effectiveness.