Milpark Business School (Pty) Ltd was established in 1997 and was one of the first private providers of higher management education in South Africa. In 2007, Milpark registered as an independent Private Higher Education Institution (PHEI) with the Department of Higher Education and Training under the registration number 2007/HE07/003. Milpark is also accredited to offer a range of Further Education and Training (FET) qualifications by various SETAs.

In 2008, Milpark integrated a broad range of financial planning, banking and insurance qualifications into its suite of programmes and became, as a result, a leading niche provider of educational programmes to a range of sectors, with a strong presence in the Financial Services sector. 

In November 2013, Milpark changed its name to Milpark Education (Pty) Ltd. The name change is a change in name only, and will not affect their students directly. All qualifications remain accredited and registered with the appropriate authorities and Milpark Education is still registered with the Department of Higher Education and Training under the same registration number.