The other Nobel Prizes would be given by existing Swedish groups , the Swedish Academy , the Royal Swedish Academy of Sciences , and the Karolinska Institutet . The job of giving the Nobel Peace Prize was given to the Norwegian Parliament . The other Nobel Prizes were to be awarded by Swedish bodies ( Swedish Academy , Royal Swedish Academy of Sciences , Karolinska Institutet ) that already existed , whereas the responsibility for the Peace Prize was given to the Norwegian Parliament , specifically `` a committee of five persons to be elected '' by it .