The university's origin dates back to 1940, with the foundation of the College of Commerce in Bangkok.

The university is academically organized into eight schools: business, accountancy, economics, humanities, science, communication arts, engineering, and law.

The university has strong ties to entrepreneurs in Thailand through its founding body, the Thai Chamber of Commerce.

[2] The university has the longest history of private higher education in Thailand.

The first bachelor's degree programs were offered in 1967, and in 1973 the college moved to its present location in Bangkok's Din Daeng District.