The Faculty of Economics and Business (FEB), located at Praia dos Coqueiros in Dili, Timor-Leste, was founded on August 20, 2012, to become a center of integrity, professionalism, creativity, and innovation. These statements indicate that the Faculty of Economics and Business strives to become a leading institution within IOB and among Timorese youth seeking higher education options in Timor-Leste. This is due to the fact that the economics faculty continues to promote human resources to provide quality services, administration, and academic management. This faculty consists of five departments: financial management, accounting, public management, bank management, and economics and development studies.

Vision

To become an excellent Faculty of Economics and Business in Timor-Leste, producing professional resources in financial management, accounting, public management, bank management, and economics and development studies to meet market and societal needs in global competition.

Mission

The Institute of Business's Faculty of Economics and Business also aligns its mission as follows:

1. Institutionalize academic education with professionalism in economics and business with accredited results of high-level scientific and technological competency that is globally competitive;
2. Produce competitive researchers with professional integrity based on environmental dynamics and become agents of change in science and technology beneficial to the community;
3. Institutionalize science and technology programs as a means to approach communities in economics and business by embracing the concept of "One Village, One Product," where each village has its own local product.

Objectives

Based on the vision and mission, the Faculty of Economics and Business' objectives are as follows:

1. Accredit graduates with professionalism and competitiveness in economics and business nationally and internationally;
2. Accredit research areas and further approach the people or communities to enhance familiarity with science and technology and promote economics and business through the presence of the Institute of Business (IOB) Faculty of Economics and Business within the community;
3. Develop academic programs such as postgraduate programs to elevate professionalism, capability, and accountability in line with the development of modern science and technology and their good governance implications.

Target

1. Transform educational programs in line with national and international teaching standards;
2. Adapt the curriculum to be oriented towards information technology utilization.

Study Programs

The Faculty of Economics and Business offers five study programs or departments:

1. Financial Management (Accredited C-S1);
2. Accounting (Accredited C-S1);
3. Public Management (Accredited C-S1);
4. Bank Management;
5. Economics and Business Science (Accredited C-S1).

Learning Program Outcome

1. Soft Skills
2. Capacity;
3. Leadership Characterization;
4. Time Efficiency;
5. Communication.
6. Professional Skills
7. Analyzer;
8. Conceptor;
9. Auditor;
10. Accountant;
11. Evaluator;
12. Manager;
13. Entrepreneur.