It represented the Belarusian State University of Physical Training.
Throughout its history, the club was always associated with a number of sport universities and youth football schools based in Minsk.
In 1992, the team was renamed to SKIF-RShVSM and joined newly created Belarusian First League.
After unsuccessful 1994–95 season the team relegated to Belarusian Second League and its name was shortened to AFViS and in 1996 changed back to AFViS-RShVSM.
The last name change (to RShVSM-Olympia, 'Olympia' notes relation to the School of Olympic reserve) occurred before the team's last professional season in early 2000.