The Institute was established in December 1998 to provide high quality education that conforms to international standards. Following the grant of charter to the Foundation University, FUIEMS became one of its constituent institutes in October 2002. Prior to this it was affiliated with IBA and UET respectively. FUIEMS has two faculties: Faculty of Engineering & IT and Faculty of Management Sciences. This Institute has the unique distinction to be the pioneer in getting its Software Engineering Programme accredited by the Pakistan Engineering Council (PEC). The Telecommunication Engineering Program, batches 2003, 2004 and 2005 have also been accredited by PEC. The Management Sciences Programmes of study are duly accredited by HEC.