Cass Business School moved to new premises in the London Borough of Islington, and changed its name as part of a strategy formed by Lord Currie of Marylebone, who had become Dean the year before, to compete as an international business school in a market dominated by US universities. The school had previously been spread out across the City of London's mainly residential Barbican Centre development. Half of the £40 million funding for the new building came from the reserves of City, University of London. The school also received a gift from Sir John Cass's Foundation, founded in 1748 to educate children in
City, University of London optics department was established. In 1909 the first students qualified for University of London BSc degrees in engineering as internal students. Since 1909 the institute had been involved in aeronautics education, and in 2009 the School of Engineering and Mathematical Sciences celebrated the centenary of aeronautics at City. In 1908 the Institute was used for the Olympic Games. Boxing took place at the Institute. The institute was designated a "College of Advanced Technology" in 1957. In 1961 the institute's involvement in information science began with the introduction of a course on "Collecting and Communicating Scientific Knowledge". In 1966 City received