In this study, the manufacturing technology of a folding blind rivet was developed through finite element analysis(FEA). Numerical simulations of the folding blind rivet used to join two components have been performed with the finite element method for the forging process design. To minimize the process and manufacture the folding blind rivet without defects, a variety of design rules were proposed. From the results of FEA applied process design rules, an optimal six-stage process was proposed. The finite element simulation results such as shape of the forged rivet, strain distribution and forging load were investigated for the usefulness of the forging process of the blind rivet. In addition, the experiments have been implemented and their results were compared to the analytic results.