On 19th April, 2012, The University of Business Studies Banja Luka submitted application for accreditation to the Higher Education Accreditation Agency. According to the statement given by Prof. Miroslav Bobrek, PhD, acting director of the Higher Education Accreditation Agency, accreditation is extremely important from the aspect of international recognition of Republika Srpska higher education in the European higher education area.
Prof. Miroslav Bobrek, PhD also expressed hope that the other higher education institutions shall follow the example of University of Business Studies. Vice chancellor for education at the University of Business Studies, Prof. Zarko Ristic, PhD, emphasised the readiness of University for Business Studies to make new steps in the area of education and said that the working strategy of the University of Business Studies implies the response to the demands of the new and modern market.
