The Courtauld Institute of Art is a self-governing college established in 1932, of the University of London specialising in the study of the history of art. The Courtauld is one of the premier centres for the teaching of art history in the world; it was the only History of Art department in the UK to be awarded a top 5* grade in the 2001 Research Assessment Exercise, and was ranked second nationally for History of Art in the 2008 Research Assessment Exercise and ranked first nationally for History and History of Art in the Guardian's 2011 University Guide See also Courtauld Gallery.