When the Faculty of Economics, founded on July 20, 1936, started its educational activity in the spring term of 1937, Public Finance lectures were introduced on the third year of the studies. The 5 course per week program was directed by Ord. Prof. Dr. İbrahim Fazıl Pelin. Subsequently, the Faculty had 8 new chairs, with Ord. Prof. Dr. Fritz Neumark as head of “General Economics and Theory of Public Finance” and Ord. Prof. Dr. İbrahim Fazıl Pelin as head of “Public Finance and Fiscal Laws.” In 1952, the “class based” system was replaced with “disciplinary” system and 5 disciplines were established. One of these was “Public Finance” discipline. In 1960, the Faculty adopted the “term” system and Public Finance was included in the curricula of the 5th, 6th, 7th and 8th terms. Graduate studies started with the Doctorate Regulation of July 16, 1941. Ord. Prof. Dr. Fritz Neumark directed the first lectures of “Income Tax.” With the Law of Higher Education (YÖK) of November 6, 1981, the Department of Public Finance was founded and consisted of 5 sub-departments: Theory of Public Finance; Fiscal Economics; Budgeting and Fiscal Planning; Fiscal Law; Business Administration. The Business Administration sub-department was separated from the Department of Public Finance, and formed an independent department in 1990. The departments of the Faculty of Economics act together on main subjects such as basic economic theory during the first years of the curriculum, emphasis is given to Public Finance in the subsequent terms. Public Expenditure; Government Debt; Government Budgeting; Taxation; Public Finance of Local Administrations; Fiscal Policy; and theoretical and practical information on various fiscal systems are the main elements of the program. The aim of the department is to provide the student with sufficient knowledge necessary for higher managerial duties, both in the public and private sectors. As a result, emphasis is given to develop and improve the students’ research and investigation skills. For those students aspiring to become fiscal inspectors, certified accountants and bank inspectors, knowledge of public finance and tax laws will be considered as a privilege.