University of Banja Luka at the University of Banja Luka in 2006/2007 school year, although some faculties started the Bologna reform earlier. Since 13. April 2011 University is full member of European University Association. It is also member of European Forest Institute and participate in TEMPUS, CEEPUS and 7th Framework Programme programme. Through student exchange programs cooperation university hosted students from Sapienza University of Rome, Plovdiv University, University of Strasbourg, University of Graz, University of the District of Columbia, Univerzitet u Prištini and University of Freiburg. The university is divided into 16 faculties: With following institutions and/or their departments University of Banja Luka has
European Economic Association university level and research institutions in Europe " It publishes the "Journal of the European Economic Association". In August of each year the Association, in collaboration with the Econometric Society organises a congress in a European city. The congress attracts around 1500 participants. European Economic Association The European Economic Association (EEA) is a professional academic body which links European economists. It was founded in the mid-1980s. Its first annual congress was in 1986 in Vienna and its first president was Jacques Drèze. The current president is Eliana La Ferrara. The Association currently has around 3000 members. Its objectives are: ".