In the school year 1949–50, a branch of the Faculty of Education, Slovak University of Bratislava, was established in Banská Bystrica. The first higher school appeared in Banská Bystrica in 1954. It was called the Higher School of Pedagogy. On September 1, 1964, the Faculty of Education was founded. In 1973, the branch of the Faculty of Commerce, University of Economics in Bratislava, was established and in 1977 transformed into the Faculty of Economics of Services and Tourism. Matej Bel University was established on July 1, 1992 after the integration of the Faculty of Education and the Faculty of Economics of Services and Tourism.