City, University of London, is a public research university in London, United Kingdom, and a member institution of the federal University of London. It was founded in 1894 as the Northampton Institute, and became a university when The City University was created by royal charter in 1966. The Inns of Court School of Law, which merged with City in 2001, was established in 1852, making it the university’s oldest constituent part.City joined the federal University of London on 1 September 2016, becoming part of the eighteen colleges and ten research institutes that then made up that university.
City has strong links with the City of London, and the Lord Mayor of London serves as the university’s rector. The university has its main campus in Central London in the London Borough of Islington, with additional campuses in Islington, the city, the West End and East End. The annual income of the institution for 2019–20 was £245.0 million, of which £11.1 million was from research grants and contracts, with an expenditure of £218.4 million. It is organised into five schools, within which there are around forty academic departments and centres, including the Department of Journalism, the Business School, and City Law School which incorporates the Inns of Court School of Law.
City is a founding member of the WC2 University Network which developed for collaboration between leading universities of the heart of major world cities particularly to address cultural, environmental and political issues of common interest to world cities and their universities. The university is a member of the Association of MBAs, EQUIS and Universities UK. Alumni of City include a Founding Father, members of Parliament of the United Kingdom, Prime Ministers of the United Kingdom, governors, politicians and CEOs.
Organisation and Administration
The rector of City, University of London, is ex officio the Lord Mayor of the City of London. The day-to-day running of the university is the responsibility of the president. The current president is Sir Anthony Finkelstein.
City, University of London, is organised into five schools:
- The City Law School, incorporating The Centre for Legal Studies and the Inns of Court School of Law
- School of Health Sciences, incorporating St Bartholomew School of Nursing & Midwifery
- School of Arts and Social Science, including the Department of Journalism
- School of Mathematics, Computer Science and Engineering
- Bayes Business School (Formerly Cass Business School)
In the financial year ended 31 July 2011, City had a total income (including share of joint ventures) of £178.6 million (2008/09 – £174.4 million) and total expenditure of £183.62 million (2008/09 – £178.82 million). Key sources of income included £39.58 million from Funding Council grants (2008/09 – £39.52 million), £116.91 million from tuition fees and education contracts (2008/09 – £104.39 million), £7.86 million from research grants and contracts (2008/09 – £9.29 million), £1.04 from endowment and investment income (2008/09 – £1.83 million) and £15.05 million from other income (2008/09 – £19.37 million).
During the 2010/11 financial year, City had a capital expenditure of £9.77 million (2008/09 – £16.13 million).
At year end, City had reserves and endowments of £112.89 million (2009/10 – £110.05 million) and total net assets of £147.64 million (2008/09 – £147.27 million).