La univerdsidad de Deusto puede llegar a ser considerado edificio emblemático de la ciudad por lo que su historia conlleva. Esta universidad fue construida en 1886. Se elige Bilbao, un puerto y ciudad comercial que estaba experimentando en esa época un considerable crecimiento industrial. Esta situada entre la Avenida de las universidades y la calle Hermanos Aguirre. En pleno centro de la ciudad, el campus de Bilbao de la Universidad de Deusto.
The University of Deusto first opened in 1886, having been founded because of the Basque Country's desire to have its own university and the Society of Jesus's wish to move its School of Higher Studies in Laguardia to a more central place. A huge building was designed by architect Marquess of Cubas, which was at its time Bilbao's largest building. Now it is the main building of the campus situated opposite to the Guggenheim Museum, in the neighbourhood of Deusto, which gives the name to the university and was not Bilbao at the time of the foundation of the University. The Business College of the University, founded in 1916, was the first college and the only one of its kind for nearly 50 years in Spain, which became the Faculty of Economics and Business Administration in 1973.