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After finishing the HBS, Peper studied social sciences at the University of Amsterdam until 1965 and economy and sociology at the University of Oslo (1963/1964) and got his PhD at the Nederlandse Economische Hogeschool (Currently Erasmus University) in 1972.
In 1988, after he completed his studies in Business Economics at the Erasmus University and worked as Product-Marketing Manager for Royal Philips Electronics, he founded, with his wife Aletta Stas-Bax, the watch company Frédérique Constant.
She served as a visiting associate professor at Bond University located in Queensland, Australia, and a guest lecturer at the University of Odense in Denmark, and Erasmus University located in Rotterdam.
Erasmus Research Institute of Management, the joint research institute of the Rotterdam School of Management and the Erasmus School of Economics, both at Erasmus University Rotterdam