Ethiopia over a decade has been one of the best performing Sub-Saharan economies. To pick up and sustain its remarkable growth trajectory and fulfill its national agenda of poverty eradication, it has set out and accomplished different strategies of a globally competitive and vibrant economy. Of these pillar strategies is the strengthening of existing and establishment of new universities in a manner that takes account of broad-based development efforts and global dynamism.
Woldia University is one of the public universities established in 2004. Its main campus, locally dubbed Jeneto campus located at the exit to Addis Ababa, the capital of Ethiopa, is found in a city called Woldia, the capital of North Wello zone in the Amhara national regional state. Its second campus is found in a town called Mersa, 30 kilometers south of Woldia, where the faculty of Agriculture is placed. The university has now seven faculties and one school.
The faculty of business and economics (FBE) was one of the four faculties established when the university went operational in 2004 E.C. In the year of commencement the faculty was and still is made up of three departments, viz, Business management, Accounting and finance and Economics. The faculty admitted 119 regular and 77 extension students initially and now has 627 and 159 regular and extension students respectively. To deliver optimally and sustainably what it is entrusted upon, the faculty has applied different means of fulfilling the number of teachers required for effective and efficient delivering of the ongoing service; currently we have 22 teachers (13 1st degree and nine 2nd degree holders) in totality. On top of this, we are one of the earlier starters in the university in staff development having 18 1st degree holders specializing in various 2nd degree programs.