Formerly the College of Commerce, the school was renamed in 2007 to honor N. Murray Edwards, an alumnus and entrepreneur.

Additionally, undergraduate students may also participate in a co-operative education program during their 3rd or 4th year, consisting of an 8 month work placement.

[7] On February 22, 2018, Edwards received accreditation through the Association to Advance Collegiate Schools of Business (AACSB).

Achieving accreditation follows a process of rigorous internal review, engagement with an AACSB assigned mentor, and external peer evaluation.

Once a school earns AACSB accreditation, it enters a five-year continuous improvement review cycle, ensuring that they have the resources, credentials, and commitment needed to provide students with a first-rate, future-focused business education.