NACUBO 2023 Annual Meeting Online

During his time in the military, Admiral William McRaven commanded special operations forces at every level, eventually taking charge of the U.S. Special Operations Command. As the Chancellor of the UT System, he led one of the nation’s largest and most respected systems of higher education. The author of four books, his latest is a tribute to everyday heroes—from battlefields to hospitals to college campuses.

Speaker

• Admiral William McRaven, Retired U.S. Navy Four-Star Admiral and Former Chancellor of the University of Texas System

CPE Available

• 1 credit

This session will explore ways to create a framework for how leaders from facilities, business and finance, and campus planning can collaborate to move an institution from a siloed approach to an integrated model of planning. This model seeks to integrate with other key planning activities occurring on the campus that, when activated and realized, will transform how an institution reaches its potential.

Speakers

• E. Lander Medlin, president and CEO, APPA-Leadership in Educational Facilities 
• Mike Moss, president, Society for College and University Planning 
• Pete Zuraw, vice president market strategy and development, Gordian 
• Jim Hundrieser, vice president, consulting and business development, NACUBO

Learning Objectives

• Use the framework's guidelines to stimulate engaged and collaborative discussion to prioritize campus programs/facilities and decision-making
• Assess how your institution collectively manages facilities, finance, and planning actions as either a lagging response or a leading planning element
• Discuss your campus facilities infrastructure in terms of embodied debt, risk exposure, future program compatibility, and adaptability

CPE Available

• 1.5 credits
• Personnel/Human Resources

As inflation hits record levels, higher education business model challenges will be significant. Developing capital planning, opportunities for revenue enhancement and reallocation, and debt strategies are needed to address rising building costs, wages, and interest rates. This session will explore expected and potential areas of unexpected inflation; how to communicate the effects of inflation to various stakeholders, including the Board, academic units, and students; and actions that can mitigate the impact of more significant inflation going forward.

Speakers

• Eric Bymaster, associate vice chancellor for finance and treasury, Vanderbilt University
• Chris Cowen, executive vice president and chief financial officer, Cornell University
• Jim Costello, managing director, J.P. Morgan Securities LLC

Learning Objectives

• Prepare for the future by understanding the changing expectations in higher education risk management
• Discuss some ways to navigate the demands of a changing global community
• Consider the potential impact of flexible work arrangements, hiring methods, long-term financial concerns, and talent decline

CPE Available

• 1.5 credits
• Finance

Are you concerned about the current and future financial vitality of your institution? Do your board and leadership talk meaningfully about their concerns, but take little action to address those concerns? This session provides insights key administrators can use to strategically assess the strength of their institution’s business model, recognize whether they are approaching an inflection point, and consider timely alternatives or specific actions they can take to move forward with a process that will maintain or return to financial sustainability.

Speakers

• Rebecca Vasquez-Skillings, vice president for finance and administration, Oberlin College
• Stephen Golding, board chair, Washington College; senior consultant, AGB
• Art Snyder, president emeritus, Indiana Tech, senior fellow, NACUBO
• , president and CEO, Association of Governing Boards of Universities and Colleges (AGB)
• Dave Capitano, higher education practice leader, Baker Tilly

Learning Objectives

• Discuss key questions and actions institutional leaders should take when assessing the need, building the case, and designing the strategy for transformational change to meet financial needs to ensure institutional sustainability
• List ways to anticipate and overcome barriers institutions may experience while planning, designing and implementing a significant shift in strategy, differentiation focus and/or operation model
• Highlight specific action steps your institution can take to remain (or return to) financially sustainable

CPE Available

• 1.5 credits
• Finance

Higher education financials will likely continue to face headwinds in the years ahead, causing institutions to dig deep and determine a path to sustainability. It is critical that CFOs and their teams understand the various non-tuition revenue streams, particularly within auxiliaries, that are available to higher education institutions and how to optimize them. What should be insourced versus outsourced? What auxiliary functions have adequate scale? Is there an opportunity to explore auxiliary functions as well as administrative areas? Is UBIT something to be avoided or positively embraced? This session will address these questions and others around the use of auxiliaries as an opportunity to deliver financial sustainability.

Speakers

• Bill Dracos, deputy chief operating officer, Georgia Tech Research Institute
• William Guerrero, vice president of finance and chief financial officer, University of Bridgeport
• Matt Unterman, practice leader and principal, Higher Education Advisory Services, Grant Thornton LLP

Learning Objectives

• Identify ways in which non-tuition revenue can support financial sustainability
• Describe the factors to successfully identify, enhance, and roll out improvements to non-tuition revenue
• Understand UBIT rules from a business and mission perspective

CPE Available

• 1.5 credits
• Finance

While data and analytics are improving reporting and compliance, they have largely failed to provide a significant return on investment for student success, organizational change, or institutional resiliency. To remain resilient in the face of those challenges, higher education institutions need to develop analytics strategies that go far beyond current solutions that help institutions meet reporting requirements and explain problems that have already happened. Learn how Notre Dame is using analytics to build institutional resilience with modern data and analytics approaches.  

Speakers

• Linda Kroll, Associate Vice President for Finance, The University of Notre Dame 
• Jean Vock, Senior Vice President, Business Affairs and Chief Finance Officer, University of Nevada Las Vegas 
• Mark Hampton, Executive Education Advisor, Amazon Web Services 

Learning Objectives

• Define modern data and analytics approaches (terms, techniques, tools) your institution can apply to its key challenges 
• Chart the steps of your own analytics journey using real world examples and best practices gleaned from across higher education 
• Apply self-paced training materials and hands-on workshops to explore effective practices and tools in a higher education context

CPE Available

• 1.5 credits
• Information Technology

Higher education debt and treasury professionals must build resilient balance sheets with enough flexibility to pursue strategic initiatives—all during a time of rising interest rates and market volatility. During this session, speakers will discuss the advantages of scale and how using an internal central bank can foster budget predictability, optimize liquidity, and insulate capital plans from rising interest rates. They will also address age old questions of whether to pay off debt, private placement versus capital markets, and how to allocate capital costs across a campus to promote budget accountability and predictability.

Speakers

• Wayne Magdziarz, senior vice president, chief financial officer and chief business officer, Loyola University Chicago
• Drew Smith, treasurer, University of Michigan
• Michael Osborn, vice president, senior credit officer, Moody's Investors Service

Learning Objectives

• Articulate varying strategies to help optimize your institution's balance sheet in a time of rising interest rates and market volatility
• Demonstrate an acumen for varying debt and treasury strategies and assess if they are appropriate for your institution
• Refine your debt and treasury operation to aid investment for tomorrow while preserving strength and resiliency today

CPE Available

• 1.5 credits
• Finance

Hear ways to best convey your institution’s financial story. Panelists will provide observations, insights, and recommendations for effectively communicating financial information via audited financial statements for both public and private institutions. Topics will include institutional aid, accounting policies, restrictions, governing board designations, disclosures and/or MD&A, operating performance, programmatic expenses, and endowment information. 

Speakers

• Chris Leach, accounting policy analyst, NACUBO
• Sue Menditto, senior director, accounting policy, NACUBO

Learning Objectives

• Define allowable reporting flexibility
• Differentiate between functions and programmatic activities
• Explain how readers may digest financial information

CPE Available

• 1.5 credits
• Finance

The Department of Labor’s Notice of Proposed Rulemaking (NPRM) would increase the salary level for employees to qualify for the so-called “white collar” exemptions under the Fair Labor Standard Act’s (FLSA) overtime pay requirements. This session will address what’s included in the final rule, possible challenges to the rule, compliance and communication strategies, budget implications and possible morale and productivity issues.

Speaker

• Josh Ulman, managing partner, Ulman Public Policy

Learning Objectives

• Key elements of the new overtime regulations
• Compliance timeline
• Professional areas most likely to be affected
• Implementation steps that colleges and universities must take

CPE Available

• 1.5 credits
• Personnel/Human Resources

Melissa Marshall helps technical and business professionals talk about complex ideas in ways that inspire stakeholders to act. Sharing proven strategies that she's used to help the world's top researchers and thinkers convey their work, Melissa will challenge what you've always known and thought about presenting—and share exciting new ways to transform your next presentation.

Speaker

• Melissa Marshall, TED Speaker and Communications Expert

CPE Available

• 1 credit