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In the June issue of Business Officer magazine, discover what college and university leaders are discussing today. With more than 25,000 decision-makers in a $400 billion higher education market Business Officer magazine remains a required read for business and finance leaders in higher education.
FINANCE. Taking Stock. Implementing an inventory system featuring radiofrequency identification technology has given Notre Dame University greater control over its physical assets and inventory-and made the process more manageable for researchers, professors, department personnel, and accounting staff.
Kick-off of the "Value of Higher Education series." With the media, in many cases, leading the negative narrative questioning higher education's value-focusing on worst-case debt scenarios, tuition sticker prices at the most expensive schools, and anecdotes rather than facts-Business Officer's "Value of Higher Education" series will counter the arguments with data and discourse that paint a brighter and more comprehensive picture. The lead-off article presents hard data on the lifetime earning advantages of a college degree and the overall benefits of higher education for students.
Analysis of NACUBO Tuition Discount Study. Boosting enrollment by discounting the institution's sticker price continues to be a popular practice. However, the 2015 NACUBO Tuition Discounting Study indicates that tuition discount rates and average institutional grants to freshmen continue a slow but steady upward march. Finding the right pricing formula, which attracts and retains the desired number of students-while maintaining sufficient net tuition revenue-is a complicated balance of price, actual enrollment, and the tuition discount rate, as described in this analysis of the study results.
Breaking Down Governance Barriers. True shared governance promotes inclusion of all stakeholders and can help overcome trust and communication issues. Campus leaders share how they achieve genuine buy-in among decision makers, which results in innovative strategies for both academic and administrative models. Even tough choices, such as trimming staff and reducing retirement benefits, are better understood and accepted when relevant leaders are totally involved in the decision making.
On Balance-More Alike Than Different. In advance of NACUBO's 2016 Annual Meeting in Montréal, Business Officer interviewed Canadian higher education leaders. Nathalie Laporte, executive director of the Canadian Association of University Business Officers, Ottawa, Ontario; and Gitta Kulczyski, vice president of resources and operations at Western University, London, Ontario, identify key differences in the U.S. and Canadian higher education systems.
The final deadline to reserve your advertising space in the June issue is Tuesday, May 10, as long as space remains available. Materials are due no later than May 17. You can find our 2016 Marketing kit.
Manager, Business Development
- IRS Grants Relief from New 1098-T Reporting Mandate
- New Overtime Rule Expected Mid-May
- 1042-S Questions Remain as Scrutiny Intensifies
- 2016 CAO and CBO Collaborations
August 1-2, 2016
- 2016 Planning and Budgeting Forum
September 19-20, 2016
- 2016 Managerial Analysis and Decision Support
November 17-18, 2016
- WEBCAST: The Clery Act: Strategic Planning to Mitigate Institutional Risk
Thursday, May 26, 2016 1:00PM ET
- ON-DEMAND: Title IX: Key Issues Surrounding Institutional Compliance
- ON-DEMAND: Containing Cost and Risk with Renewables – the Power Purchase Agreement Story
- ON-DEMAND: NACUBO Live! Higher Education Accounting Forum
- ON-DEMAND: Are Hedge Funds and Private Equity Right for You? An Analysis of Alternative Investments
- ON-DEMAND: Responsibility Center Management: Two Different Perspectives