An electronic device and a method for managing an object in a folder on the electronic device are provided. The electronic device includes a displaying unit, and a controller performing control to display a first folder including at least one object on a screen of the displaying unit, display at least one recommended folder associated with the first folder or an object selected from among the at least one object, along with the first folder, on the screen where the first folder is displayed, when the selected object is moved to a second folder among the at least one recommended folder, include the selected object in the second folder.