What Goes Up…
The 2011 NACUBO–Commonfund Endowment Study held some good news: FY11 average returns were up 19 percent. But, market volatility could pull lofty outcomes back to earth.
Made to Measure
At Stevens Institute of Technology, leaders have implemented risk-based financial metrics. Their strategy for ensuring that all threats are gauged: identify, measure, and report.
Joint Venture, Single Vision
Based on a shared goal of easing students’ transition between Rogue Community College and Southern Oregon University, the institutions embarked on a jointly owned multimillion-dollar building. A detailed commingling model melds the activities of each institution into a seamless unit.
Kathleen Curry Santora, chief executive officer of the National Association of College and University Attorneys (NACUA), cites collaboration among institution lawyers and chief financial officers as essential for addressing the heavy lift of increased regulation of higher education institutions.
Jonathan Alger—currently senior vice president and general counsel for Rutgers, the State University of New Jersey, and NACUA board chair—will take the helm as president of James Madison University, Harrisonburg, Virginia, in summer 2012. As has been true at Rutgers, his vision for leadership includes ensuring that business officers and lawyers are included broadly in strategic and policy discussions.
Profiles of individuals in roles that support the work of the chief business officer—and who represent the majority of the Business Officer reading audience.
A roundup of short news articles and useful resources for business officers
Coverage of legislation and regulatory activity that affects higher education