Shenkar was established in 1970, with the goal of serving the Israeli industry. The college is named after Aryeh Shenkar, founder and first president of the Manufacturers Association of Israel (formerly Industrialists' Union in The Land of Israel) and a pioneer in the Israeli textile industry. Shenkar has three faculties: Multidisciplinary Art, Design and Engineering. Shenkar faculties offer four-year undergraduate degrees, taught in Hebrew. The design and the engineering faculties offer postgraduate degrees in design and in plastics engineering, respectively.
Shenkar is accredited by the Council for Higher Education in Israel as an institute of higher education and its three faculties are authorized to award bachelor's degrees in Fine Arts, design and engineering. The school, in cooperation with Israel's Industry, Trade and Labor Ministry and National Institute for Technological Training, operates a Practical Engineering school, which is located in Tel Aviv, outside of Shenkar's main campus.
The main campus, in Ramat Gan, consists mainly of two buildings. First, is the Frances and David Pernick Building. The Pernick Building was the first building that Shenkar occupied when the college was established in 1970. Back then, the building was an ORT high-school building that was no longer in use. In 1990, the building was renamed in honor of Frances and David Pernick. The second building is the Edward D. and Anna Mitchell Building. It was inaugurated in 2002 and built with the help of the Mitchell Foundation, the Lorber family and the Manufacturers Association of Israel. The seven-story building, which also has two underground levels, houses classrooms, and seminar rooms for design and engineering.
Outside of the main campus is the fine arts building. It is located in the Israeli Diamond Exchange District (approximately 800 meters from the main campus) and was formerly utilized as the 'Elite building'.