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In the November 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 Business Officer magazine remains a required read for business and finance leaders in higher education.
A 40-Year Perspective of the NACUBO-Commonfund Endowment Survey. In 1974, NACUBO conducted its first annual survey report on college and university endowments; just 136 schools, with a collective total of less than $7 billion in assets, reported an average return of ‒11.4 percent. Since then, endowment values and institutions' reliance on endowment earnings have grown dramatically. Now known as the NACUBO-Commonfund Study of Endowments, the survey has become the largest and most widely recognized annual examination of institutional investment performance, reporting on endowments at more than 800 American higher education institutions with collectively more than $516 billion in assets.
CUBA 7 Book Excerpt, Debt Management. How much debt your institution can take on-and how to best structure it-is a strategic decision of paramount importance today as well as for years to come. College and University Business Administration-the NACUBO publication commonly known as CUBA-offers guidance for making that decision in the chapter titled Strategic Debt Management. Read excerpts from the just-released 8th edition of that chapter.
The Reality of Implementing a Shared Services Model.
Many functional and administrative redundancies prompted the University of Kentucky College of Medicine to write itself a prescription for shared services-a business model intended to replace inefficient and costly processes. When units share administrative functions-such as finance, billing, and IT-staff can become experts in their specific function and in university policies and procedures, service many units, and increase productivity of transactional work. That said, arriving at that point requires a massive undertaking. Leaders of the project share their challenges and solutions.
Alternative Funding Options for Capital Improvement Plans.
Decreases in state funding and pressure to keep tuition costs in check have forced colleges and universities to prioritize spending on academic programs, while capital projects are put on the backburner. With the economic recovery, some previously planned projects are now being considered-but with a funding model that includes state and national tax credit programs to move forward without tapping into debt capacity.
The final deadline to reserve your advertising space in the November issue is Friday, October 9, as long as space remains available. Materials are due no later than October 16. You can find our 2015 Marketing kit.
Manager, Business Development
- Some Cash Management Changes Apply to All Institutions
- NACUBO Summarizes Regulations on Banking, Processing Relationships
- Education Funding Depends on Devil in the Details
- 2016 Intermediate Accounting and Reporting - Winter
January 25-26, 2016
- 2016 Facilities and Administrative Rates - Long Form
January 25-26, 2016
- ON-DEMAND: Understanding ED's New Cash Management Rules
- ON-DEMAND: A Financially Sustainable Approach to Innovate Academic Programs
- ON-DEMAND: Legislative Lunchcast: A 30-Minute Washington Update from NACUBO
- ON-DEMAND: Developing Your Campus Distance Learning Strategy
- ON-DEMAND: VIRTUAL: 2015 Annual Meeting
- ON-DEMAND: NACUBO Live!: CBO Speaks
- ON-DEMAND: A Just-in-Time Webcast to Explain FASB’s NFP Reporting Proposal
- ON-DEMAND: Decoding ED's Cash Management Proposal
- A Guide to College and University Budgeting: Foundations for Institutional Effectiveness, 4th ed. - by Larry Goldstein
- NACUBO's Guide to Unitizing Investment Pools - by Mary S. Wheeler
- Managing and Collecting Student Accounts and Loans - by David R. Glezerman and Dennis DeSantis