The College of Business and Economics (CBE) evolved from the College of Commerce that was established in 1960. Beginning AY 2010-2011, the Economics Department was spun-off from the CBE and became the School of Economics (SOE), a move meant to strengthen program delivery of all departments under the College of Business (COB) and the SOE.
In July 25, 2011, the University launched the Ramon V. del Rosario College of Business (RVR-COB). There are six departments under the RVR-COB. These are the Accountancy, Commercial Law, Decision Sciences and Innovation, Financial Management, Marketing, and the Management and Organization Department.