Pancasila University was established on October 28, 1966, a merger of the (old) Pancasila University which was founded in 1963 and Bung Karno University.
Pancasila, which is used as the name of this University, is not just an identification and differentiator from other universities, but has an essential depth of meaning, in accordance with the mission carried out by Pancasila University, namely "To provide a positive role in the development of science and technology and the development of a Pancasila-based society." as aspired to in the Preamble to the 1945 Constitution.”
It is within this framework that Pancasila University intends and has the intention to produce graduates who have the spirit of Pancasila, have values and attitudes, knowledge, intelligence, skills and communication skills, and ecological awareness for development and guidance in the fields of law, economics and ecology to support development. In carrying out the wheels of life in the academic field, in the early stages there was available land with an area of 10,160 m2 and a building with an area of 5,196 m2 located on Jl. Borobudur No. 7 Central Jakarta. The land and building were granted from the Government cq. Ministry of Finance to the Pancasila University Educational Foundation and Trustees (YPPUP) which was signed on April 21, 1987. Besides that, in 1985, Pancasila University received a building loan on Jl. Garuda Kemayoran Central Jakarta for the activities of the Faculty of Economics
With the completion of the construction of the Faculty of Economics building at Srengseng Sawah, South Jakarta in 1988, the lectures of students from the Faculty of Economics moved to a new building and were gradually joined by other faculties. Currently Pancasila University has a campus in Srengseng Sawah covering an area of 111,255 m2 with a building area of 38,076 m2 consisting of the Rectorate, Faculty of Economics, Faculty of Pharmacy, Faculty of Law and Faculty of Engineering, meanwhile the campus Jl. Borobudur No. 7 Central Jakarta, currently used for Postgraduate Program lectures. In terms of management, the general development of Pancasila University is under the auspices of the foundation, namely the Education Foundation and Pancasila University Trustees which was established with the GHS Loemban Tobing SH Notarial Deed Number: 14 dated January 19, 1970.