Leeds Metropolitan University will officially be renamed Leeds Beckett from September 2014.
The Privy Council approved the name change despite a strong backlash from students.
Arguments against the change stated the £250,000 estimated cost could be better spent on improving facilities.
The university said it had “outgrown” the old name. This follows a report presented to the university board earlier this year which said there was evidence to suggest using the name “Metropolitan indicated a lower quality product”.