The university started as a nonprofit organization in 1964 with a mission to develop the curricula for what would become the "Universidad Metropolitana". On 1 October 1970, the "Consejo Nacional de Universidades" approved the plans and projects of the fledgling university.
The first campus was located on the old building of the "Colegio America" in the district of San Bernardino, and began classes on 22 October of that same year.
The first class of 198 students could choose between five undergraduate degrees:
- Mechanical engineering
- Electrical engineering
- Chemical engineering
- Mathematics
- Business and Administration
In 1976 the campus was moved to its current location on the eastern city district of "Terrazas del Ávila."
Today, the university has 5,000 students and approximately 500 professors. It is a business-oriented private university, and so offers a Business Administration course.
The academic undergraduate courses include: Economics, Accounting, Business Administration, Law, Education, Modern Languages, Engineering (Chemical, Mechanic, Systems, Electrical, Civil and Production) and Psychology. In 2003, it became the first university in Venezuela to offer a Liberal Studies course.
