A mobile terminal having a function of managing files and folders is disclosed. In one embodiment, the mobile terminal displays folder items representing one or more memory elements installed in or joined to the mobile terminal on a display unit when a request to perform a search function is inputted, and displays selection items corresponding to at least one of files included in the folder item and subfolders on the display unit when a select command for a folder item is inputted. At least one embodiment of the invention allows easy management of data (e.g., files, folders, etc.) stored in one or more memory devices installed in or joined to the mobile terminal.