The existence of the Faculty of Economics and Business began with the establishment of Pelita Bangsa School of Economics based on the Decree of the Minister of Education and Culture Number: 15/D/2001 on February 9, 2001, with only two academic programs, are Bachelor of Management and Diploma of Accounting.

Pelita Bangsa School of Economics was located in Central Cikarang, Bekasi Regency. With the increasing number of students, the Foundation of Pelita Bangsa has prepared more adequate facilities and infrastructures. With a total area of the land is about 1 hectare, in 2010 the foundation has built a 3 floors building along with the facilities and in 2013 a second building consisting of 6 floors.

In 2019, the Minister of Education and Culture issued Decree Number: 664/KPTI/II/2019 on 2 august 2019 about the merger of Pelita Bangsa School of Economics and School of Engineering into the University of Pelita Bangsa. University of Pelita Bangsa Started with 2 faculties: (1) Faculty of Economics, Business, and Social Sciences with and (2) Faculty of Engineering.

In 2021, the Rector of the University of Pelita Bangsa has expanded into 4 faculties: (1) Faculty of Economics and Business, (2) Faculty of Engineering, (3) Faculty of Education and Humanities, (4) Faculty of Islamic Religion. And lately The Faculty of Economics and Business consisted of 5 academic programs; a Magister of Management, a Bachelor of Management, a Bachelor of Digital Business, a Bachelor of Entrepreneurship, and a Diploma of Accounting.