The institution was established in 1913 as Netherlands School of Economics. In 1973, it became a part of Erasmus University Rotterdam and changed its name to Erasmus School of Economics. It is considered as one of the three largest faculties within the university.
"As one of the world’s leading academic institution it provides excellent education and has produced numerous notable research in the field. Erasmus School of Economics offers wide-range programs in economics and business. These programs focus on the creation, dissemination, and application of scientific knowledge from an economic perspective. By having an exclusive perspective and a clear focus in economics, it has distinguished itself from other universities in Netherlands where economics and business management perspective are often found combined. The school is known as the only institution that educates business economics in a very clear and detailed manner. Their best graduates have proved this quality by their remarkable contributions to science, government, and business. By having an exclusive perspective and a clear focus in economics, it has distinguished itself from other universities in Netherlands where economics and business management perspective are often found combined. The school is known as the only institution that educates business economics in a very clear and detailed manner. Their best graduates have proved this quality by their remarkable contributions to science, government, and business. Other than that, Erasmus School of Economics has a strong point in terms of research. By having an international reach, they are able to produce research that covers all scopes of the economic spectrum. Erasmus Research School of Management and the Tinbergen Institute as the two graduate schools of the institution are considered as the world’s best research institutes and graduate schools, along with some others. However, the mark of their success in research is when they received the first Nobel prize in economic sciences in 1969, which was awarded to Jan Tinbergen. "