After the elevation of the Northern Province Affiliated University College as Vavuniya Campus of the University of Jaffna, two Faculties Faculty of Business studies and Faculty of Applied Science have been established.

In case of Faculty of Business Studies, the first intake took place in 1998 and the students from Commerce and Arts stream were admitted to this Management II course in 1997/1998 academic year.

In the Faculty of Business Studies, there are two different curriculum designed to award the degree of Bachelor of Business Administration (BBA) and Bachelor of Business Management (BBM) respectively. In case of BBA, the curriculum was designed in 1996/1997 in order to teach the student who were admitted to Management II course.