Economic education at the university dates as long as 1926, when the Department of Economics and Socialist Agriculture was established at Bila Tserkva agricultural college. Its first head was A.I Mulytskiy. In 1976 the department was divided into the Department of Agriculture Economics and the Department of Agricultural Production Organization and Management.
In November 1992, according to the decision of the Council of scientists of Department of Economics and on the ground of the Rector’s order the department was given the status of the Faculty of Economics with the following constituent departments: Agriculture Economics, Agricultural Production Organization and Management; Foreign Languages; Social Sciences. The first dean of the Faculty of Economics was the head of the department of Organization and Management, associate professor Vasyl Hubenko. Under his leadership, there was established the Ukrainian-Canadian center of colleges curricula development and a number of agreements on business partnership with the Agrarian University of Iowa (USA) universities of Canada, Germany and other countries was signed.
During 2007-2009 the Department was headed by Dr of Economics, professor Olga Varchenko. Under her leadership, Research and Training Institute of Economics and Business was established at the Department, "Economics and Management of AIC" Bulletin of BNAU was launched, as well as international cooperation with the University of Giessen named after Justus Liebig (Germany) and the National higher institute of Agriculture, Food Technology and Ecology "AgroSup Dijon »(France) was initiated.
Currently, the department is headed by Dr. of Economics, associate professor Ihor Paska. The staff is represented with 12 Doctors and 48 Candidates of Economic Sciences working at 8 departments: Theory and History of Economics, Enterprise Economics, Accounting and Audit, Mathematics and Physics, Information Systems and Technology, Management, International Management and Eurointegration, Finance and Credit.
Students are trained in bachelor, specialist and master degree in the following specialties:
Field "Social and behavioral science":
Field "Management and Administration":
"Accounting and Taxation"
"Finance, Banking and Insurance"
"Public Management and Administration"
"Business, trade and exchange activity"
There is a PhD and Doctorate Board, postgraduate and doctoral training, Faculty of Postgraduate Education, where the graduate students with the Specialist degree can get another degree in economics.