Estudiantes gained notoriety in late 1990s when the basketball team won two Liga Nacional de Básquet titles, in 1999–00 and 2000–01, coached by Sergio Hernández.

Apart from basketball, the club hosts a large variety of sports, such as artistic roller skating, association football, field hockey, golf, rowing, rugby union, softball, tennis and volleyball.

In 1911, a group of students of one school of Olavarría joined to form a football team, encouraged by their physical education teacher, Alejandro Bertolozzi.

[2] In basketball, Estudiantes reached its peak in 2000–2001, when the team won two straight Liga Nacional de Básquet titles, after defeating Libertad by 4–1 at the 2001 finals.

Center Gabriel Fernández and Paolo Quinteros were some of the most notable players of the team coached by Sergio Hernández, who also choose Byron Wilson to replace J.J. Eubanks, top scorer of the previous season.