The charter issued by New Hampshire designated the school the "Methodist General Biblical Institute", but it was commonly called the "Concord Biblical Institute." With the agreed twenty years coming to a close, the trustees of the Concord Biblical Institute purchased 30 acres (120,000 m) on Aspinwall Hill in Brookline, Massachusetts, as a possible relocation site.

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BU is categorized as an R1: Doctoral University (very high research activity) in the Carnegie Classification of Institutions of Higher Education. The University was ranked 37th among undergraduate programs at national universities, and 39th among global universities by U. BU also has Mac Arthur, Fulbright, Truman and Guggenheim Fellowship holders as well as American Academy of Arts and Sciences and National Academy of Sciences members among its past and present graduates and faculty.

In 1876, BU professor Alexander Graham Bell invented the telephone in a BU lab.

Street names in the area, including Claflin Road, Claflin Path, and University Road, are the only remaining evidence of University ownership in this area.

Following the fire, Boston University established its new facilities in buildings scattered throughout Beacon Hill and later expanded into the Boylston Street and Copley Square area before building its Charles River Campus in the 1930s.

Set up in Newbury, Vermont, the school was named the "Newbury Biblical Institute".

In 1847, the Congregational Society in Concord, New Hampshire, invited the Institute to relocate to Concord and offered a disused Congregational church building with a capacity of 1200 people.

The University organized formal Centennial observances both in 19.

On April 24–25, 1839 a group of Methodist ministers and laymen at the Old Bromfield Street Church in Boston elected to establish a Methodist theological school.

The Boston University Terriers compete in the NCAA Division I.

BU athletic teams compete in the Patriot League, and Hockey East conferences, and their mascot is Rhett the Boston Terrier.

Boston University is well known for men's hockey, in which it has won five national championships, most recently in 2009.