City, University of London million of which £11.6 million was from research grants and contracts, with an expenditure of £221.4 million. Cass Business School is ranked 5th in the UK and top 40 in the world in the Financial Times' 2017 Global MBA Rankings. City, University of London, is a member of the Association of MBAs, EQUIS and Universities UK. City University traces its origin to the Northampton Institute, established in 1852 and named after the Marquess of Northampton who donated the land on which the institute was built, between Northampton Square and St John Street in Islington. The institute was established to provide
London Metropolitan University not function in practice, as each institution continued to operate more or less independently. The City Polytechnic concept was dissolved in 1906 and the City of London College came under the supervision of London County Council. In December 1940 the college's building was destroyed by a German air raid. City of London College subsequently moved into premises at 84 Moorgate in 1944. In 1948, the City of London College celebrated its centenary with a service of thanksgiving addressed by the Archbishop of Canterbury at St Paul's Cathedral. In 1970 the college merged with Sir John Cass College to form the