The mission of the University of Business Studies is to provide its students with education of the highest quality, based on the achievements of modern science and technology in correlation with the European education system and international knowledge transfer. UPS, through the realization of modern and licensed study programs, enables students to acquire professional-theoretical and practically usable knowledge and skills for successful work in practice, in order to become an invaluable resource in the development of the economy and society. Through continuous improvement and scientific research, our academic community strengthens innovation, gains and expands new knowledge and serves both the national and the interests of the wider social community, contributing to the economic progress of the society and the competitiveness of the economy.
The implementation of new knowledge and skills of the study programs of the University for Business Studies is in the function of achieving the mission and vision of this higher education organization. 
The basic philosophy of the University is in constant expansion and development of knowledge based on the achievements of modern science. The development of the University for business studies ismjegep is not only on the application of knowledge content, but also on the strengthening of scientific research work. Through the realization of a lasting connection between the scientific-research and pedagogical function, the goals of the development of the University also result. A special place at the University for Business Studies is occupied by the Institute for scientific and professional research for the needs of teaching and economy.
In 2006. the approval of the Ministry of education and culture of the RS was obtained (decision number 06-01-232-2/06 of 30. 1. 2006. years).