The fliers, headed 'The Greatest Swindle of All Time', were posted on notice boards at the two universities.
They include quotes from Professor Norman Finkelstein: "The Holocaust may yet turn out to be the greatest robbery in the history of mankind"; "Much of the literature on Hitler's Final Solution is worthless as scholarship. Indeed the field of Holocaust studies is replete with nonsense if not sheer fraud"; "Given the nonsense that is turned out daily by the Holocaust industry, the wonder is that there are so few sceptics."
Student chaplain Rabbi Yossi Bodenheim said: "We've been in touch with the universities and the police have been contacted.
"This is clearly an act of antisemitism. As I have told the students, the posters were put out right before Pesach which celebrates freedom. We, as a student community, will keep going, stronger than ever."
It is understood that East Renfrewshire MP Kirsten Oswald consulted with Glasgow North MP Patrick Grady as well as the Glasgow University's administration.
Both the Scottish Council of Jewish Communities and Chaplaincy Scotland are looking into the matter.