The ad interim board investigated already-existing organizations and gathered the ideas of staff, alumni, and students; plans were made. Due to the fact that the interfaculty staff was engaged in other affairs, the idea of a dynamic faculty policy was seen as impossible and undesirable. Therefore, the board decided to create an association purely for students, with a mission to "represent study- and students stakes of the students of the Interuniversitary Interfaculty Business Administration." The association was focused on three targets: external contacts, internal contacts with scientific staff, and, of course, the mutual contacts.

On March 21, 1977, the activities of the foundation were completed, resulting in a founding board composed of Gosse Jensma, Alexander Maas, Hans van Oort, Edu Massink and Albert Dalmeijer. In the next meeting, the founding board was partly replaced by freshmen, resulting in the first official  S.V.I.I.B. Board [1] beginning on May 2, 1977. The founding board's first task was to sign the official memorandum of association on 27 May, 1977.

The succeeding boards raised the S.V.I.I.B. Association to higher levels. On June 23, 1986, these efforts were rewarded when the association received the A-status, which is the most premium status the university can award to one of its active associations. It was also the year the first Management Week was organized. In 1987, the first almanac was published and the first International Business Study, as we know it today, was organized.

The exact meaning of S.V.I.I.B. was lost when, in 1984, the cooperative effort between the different universities was dissolved and the faculty Business Administration became an official part of Erasmus University. In 1994, the board decided to write the name as a proper noun, rather than an acronym, and later to remove the periods between the characters (so Sviib), as the name was widely recognized within the Business Administration population.

In addition, several daughter associations (Dutch: disputen) were established. In random order, they are: Markant for the marketing department, Impuls for the Business Information Management students, Femus for those who studied finance, Strategion for the strategy students, and so forth.

BActive was founded in December 2000 by several students of the then new program in International Business Administration. At this point, the program was part of both the FBK and FEW; hence, it also initially involved the cooperation between Sviib and the Economic Faculty Association Rotterdam (EFR). As of September 2003, the FEW pulled out and the program continued under the name FBK. After paying a small sum to the EFR, BActive continued under the supervision of Sviib alone.

The aim of BActive was to offer activities in English, which neither Sviib nor EFR provided at that time, and to emphasize social activities. The reason for the latter was that many international students were not members of student associations, and therefore looked to their study associations for social activities.

In 2003 and 2004, several prominent speakers visited Sviib, the faculty of Business Administration, and the Rotterdam School of Management. Speakers included Vicente Fox, former president of Mexico, Boutros Boutros-Ghali, former UN Secretary General, C. K. Prahalad, management guru, and Jack Welch, former CEO of General Electric.

As with the establishment of RSM Erasmus University as we know it today, which led to a more cohesive organization of the BA, IBA and MBA studies, the aim was to have the same cooperation among the study associations.

During that time, the BA and IBA studies were becoming more internationally focused. The traditional differences between the two groups - Sviib being focused on the BA students and BActive on the IBA students - were disappearing.

In early August 2005, Sviib and BActive merged into STAR, an association with a bit of both worlds and a more international focus. A new international name seemed to fit best with the new direction of the association; officials decided not to renumber, but to assimilate the founding year of the old S.V.I.I.B. as a starting point.

Activities, since that time, have become more international and extensive. The European Business Study has been completely replaced by the International Business Study, the Interface Magazine has grown from a photocopied A5 Magazine to a professional full color A4 Magazine, and the Sviib (Management) Week with its Sviib (Management) Week Party has become a phenomenon.

[1] an abbreviation for Study Assocation Interfaculty Interuniversity Business Administration