The Faculty of Administrative Sciences and Economics was first established with the establishment of Tishk International University in 2008.

The Faculty was first launched with its Business and Management Department, followed by the approval from the Ministry of Higher education in the academic year of 2014-2015 to launch with 3 additional departments; Banking and Finance Department, Accounting Department, and International Relations and Diplomacy Department. Currently the Faculty is ranked to be the most attractive faculty in Tishk International University containing the highest number of students.