The Alumni Association was founded by Assoc. Prof. Dr. Nikorn Watthanaphanom, Dean of Faculty of Business Administration National Institute of Development Administration. He had joined with his fellow and alumni in both regular and special programs. They had devoted their physical resources, financial resources and self-sacrifice which extreme valuable to found the association for alumni of the Faculty of Business Administration to have alumni association of institutions with love and pride like other higher education institutions. The Association was authorized to register as a juristic person on April 7, 1993, with the election of its president by members voting every 2 years.