The school was founded in 1952 by captain Nils-Ivar Carlborg with the intention of creating and training small specialized units no bigger than platoons which were capable of operating deep behind enemy lines and inside enemy-controlled territory.

On 1 July 1994, the formal designation was changed to the Parachute Ranger Corps (Fallskärmsjägarkåren), but the abbreviation FJS survived.

In 2007 the school was split so that the operations part remained in the special forces system while the training company and the parachute division became subordinate to the Life Regiment Hussars.

It was drawn by Ingrid Lamby and Kristina Holmgård-Åkerberg and embroidered by machine in appliqué technique by Engelbrektsson Flag factory.

The colour was presented to the then Parachute Ranger Training Corps (FJS) at the Artillery Yard in Stockholm by the Supreme Commander, general Owe Wiktorin on 30 April 1996.

Blazon: "Purple, a spread-out parachute with five cords inside an open chaplet of laurel, all or".

[9] In 2007, the Fallskärmsjägarskolans förtjänstmedalj ("Swedish Parachute Ranger School Medal of Merit") in gold and silver (FJSGM/SM) of the 8th size was established.