Our Stories




Bro. Bernard Mary, Principal of ACC, started a private college (ASB) in 1969 which was ultimately upgraded to a private university in Thailand.





Assumption School of Business (ASB) was established by the Brothers of St. Gabriel in Thailand in 1969.

First Day of ASB Class

ASB was fully operational and June 2, 1969 was the first day of class with the enrollment of the first batch of 53 students.

First Student

The first student enrolled in ASB program in 1969 was Mr. Abhichat Rungsirijairatana, with Admission Number 1210001 (Class 1).

First Faculty

Faculty of Business Administration was established in the same year ASB (Assumption University) was founded in 1969.


Utilization of Land for Construction of ABAC

April 1972, Rev. Bro. Prathip M. Komolmas made use of a piece of land in Hua Mak to set up Assumption Business Administration College (ABAC).

Upgraded Status

June 16, 1972, ASB was accredited by the Bureau of University Affairs as a degree-granting private college under the new name  “Assumption Business Administration College” or ABAC.

First Building

The first building at Hua Mak Campus was constructed in 1972 and later named “Saint Philip & Bernard Building” by Rev. Bro. Prathip M. Komolmas.

First President

Rev. Bro. Sompong Jirananda  was appointed  the first president in 1972; serving as the college Director (President) until 1974.


Second President

Rev. Bro. Sompong retired and A. Wanphen Nophaket was officially appointed the second president in September 1974; serving as the college president until 1976.

Volunteer Club

June 1974, Assumption Business Administration Social Volunteer Club” was established.

Rotaract Club

ABAC’s Rotaract Club was established on October 2, 1974 with 35 members.



May 30,1975, ABAC degrees were fully accredited by the Ministry of Education and the Ministry of University Affairs.

ABAC Dummy Company

ABAC Dummy Company was established in 1975.

De Montfort Hall

De Montfort Hall was constructed in 1975.