Collegium of University in Banja Luka comprises of: rector, vice-rectors, financial director, secretary general, and the President of the University Student Parliament. 

Members of the University Collegium are: Professor Radoslav Gajanin, PhD, rector; Prof. Strain Posavljak, PhD, Vice-Rector for Teaching and Student Issues; Prof. Goran Latinović, PhD, Vice- Rector for Scientific Research and University Development; Prof. Biljana Antunović, PhD, Vice-Rector for International and Interuniversity Cooperation; Prof. , PhD,  Vice-Rector for Human and Material Resources; Đorđe Markez, M.A., secretary general; Duško Lazić, finance director; and Nikola Bulović, Student Parliament President.