Mladen Ivanić was born in Sanski Most on September 16, 1958 in Sanski Most from father Ljubo, a teacher, and mother Zora, a housewife. Since a year 1971 he lives in Banja Luka. He earned his Master degree from the Faculty of Economics in Belgrade, and the Doctorate in year 1988. He had completed his post-doctorate studies at the University of Mannheim (FR Germany) and the University of Glasgow (Great Britain).
Upon completion of studies, Mladen Ivanić worked as the journalist for Radio Banjaluka, from 1981 through 1985. In period 1985 through 1988 he continued his professional career as the Assistant in the course of political economics at the Faculty of Economics in Banja Luka, and since 1988 he teaches the same course, in capacities of Docent and Associate Professor respectively. He was teaching the same subject at the Faculty of economics in Sarajevo (1990 - 1992) and the Faculty of economics in Srpsko Sarajevo (1992 - 1998). In year 1998 he gave lectures at the Faculty of Social Science, University of Glasgow.
His professional and science works were published in domestic magazines: "Savremenost", "Pregled", "Ideje", "Opredjeljenja", "Lica", "Treći program Radio Sarajeva", "Aktuelnosti", as well as in number of foreign magazines. He is either author or co-author of number of programs developed for needs of the World Bank, UNDP and other international organizations. He also wrote two textbooks, number of studies and special books. In addition to publishing of numerous science and professional works, he also took part in development and realization of several science-research projects. Mladen Ivanić has been interviewed by almost all important world magazines and leading TV and radio stations, or he was producing the articles for them.
From 1988 through 1991 he served as a member of the Presidency of Bosnia and Herzegovina, and participated in the OSCE's session at the level of the heads of states and governments in year 1991. He also took part in session of the World Economic Forum in Davos (Switzerland) in years 1999 and 2000, the Conference on relations between the European Union and the Southeast Europe in Brussels, as well as many other international conferences. He was a member of the Economic Council of the Government of Republic of Srpska in three terms. He governs the post-graduate studies "Reconstruction and transition" at the Faculty of Economics in Banja Luka, in collaboration with the University of Bologna (Italy), University of Sussex (Great Britain) and the London School of Economics.
Until elected to the post of the Prime Minister of Republic of Srpska, in January 2001, he was a president of the office of consulting firm Delloite & Touch. He is the founder (in 1994) and the president of the Serb Intellectual Forum, and in year 1999 he founded the Party of Democratic Progress of Republic of Srpska and he is its firs president.
On the Fourth General Assembly of the PDP in April 2007, he is elected as the Party's president for the third time.
From 2001 through 2003 he pursued the duty of the Prime Minister of Republic of Srpska and, after that, served as the Minister of foreign affairs of Bosnia and Herzegovina for the later four years. He is currently on the duty of the deputy chairman of the House of People of the Parliamentary Assembly of Bosnia and Herzegovina. He speaks German and English. Married to wife Gordana, and father of two children, son Vladimir - graduated economist and daughter Jelena, student of the Faculty of Law in Banja Luka.