[4][5] ACG was founded in Smyrna (currently İzmir, Turkey), in Ottoman Empire in 1875 as a school for girls by United Church of Christ American missionaries.

[9] It was relocated to Hellenikon, Athens, after the loss of Asia minor to the Turks at the invitation of then Prime Minister of Greece Eleftherios Venizelos.

After the war, the college reopened at Hellenikon, where it remained until it moved to its new campus in the Athens suburb of Agia Paraskevi, where it operates to this day[12] Undergraduate and graduate studies are based on the 64-acre main campus in Aghia Paraskevi.

Alba Graduate Business School is located in downtown Athens.

[2] Open University UK is a partner institution and accredits the degrees of Deree.

[21][22] Alba Graduate Business school was created in 1992 through a joint initiative of the Federation of Greek Industries (ΣΕΒ) and the Hellenic Management Association (ΕΕΔΕ).