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COMING SOON - Strategic Higher Education Finance and Planning

A self-paced online course to build strategic finance knowledge and skills

Overview

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NACUBO's Strategic Higher Education Finance and Planning self-paced online course is designed to help you build your strategic finance knowledge and skills.

In this course, you can expect to—


  • Explore the importance of and processes involved with strategic planning
  • Examine the value of and learn how to build a data-informed institutional culture
  • Consider the challenges and opportunities in generating revenue and allocating resources
  • Gain insight into how to be a better communicator and leader at your institution

Why a course in strategic finance and planning?

Higher education institutions are under enormous pressure from shifting revenue streams, rapid innovation, and significant public scrutiny. In this environment, business officers must be able to manage their day-to-day obligations, as well as drive strategic conversations around the business model, future forecasts, and major issues influencings all aspects of the higher education enterprise. The primary responsibility of higher education business officers is managing institutions' finances, but perhaps what may be more important to the future of colleges and universities is the growing strategic role of business and finance professionals.

NACUBO's hope is that completing this course will enable business officers and other higher education administrators to think more strategically about their work and to be better prepared to contribute meaningfully to the future of their institutions.

With an accompanying workbook, this course includes the following modules:

  • Module 1: The Finance Leadership Role in Strategic Planning
  • Module 2: Making Data-Informed Decisions to Support Institutional Mission and Strategy
  • Module 3: Revenue and Resource Allocation in Support of Mission and Strategic Goals
  • Module 4: Strategic Financial Leadership and Institutional Success

What business officers are saying about the course

"I would encourage higher education professionals from across the institution—at multiple levels—to take the course. Doing so could help the institution make more significant progress towards meeting institutional goals, particularly during strategic planning."
Chief business officer, private comprehensive university

"This course has broad appeal—those with high-level planning responsibility as well as those who are more hands-on. The case studies and the workbook are excellent."
Associate vice president, public research university

"I am impressed by the quality of the information and the manner in which it's presented and tied together.... I think it is an excellent primer for both new and experienced higher education business professionals."
Chief business officer, public research university

"I really appreciated all of the resources and embedded tools...."
Executive director of strategic initiatives, community college

"The information is actionable."
Chief business officer, public comprehensive institution

"This is definitely information that higher education financial professionals should know to help sustain and move their institutions forward."
Associate vice president, public HBCU

"NACUBO has done an amazing job of assembling the content in a manner that is not only interesting and intriguing but it is practical. This is a great resource for business officers to support the missions of their institutions."
Controller and associate vice president, public HBCU


Strategic Finance Leadership Organizational Effectiveness Analytics Planning and Budgeting Distance Learning

What You Will Learn

After completing this course, you will be able to—

  • Explain strategic planning, its relationship with higher education leadership, and its importance for college and university effectiveness
  • Describe how to use analytics to develop, communicate, and affect institutional strategies
  • Discuss the drivers behind higher education expenses and strategies for improving resource generation
  • Apply best practices of communication for more effective presentations

This course includes the following modules:

Module 1: The Finance Leadership Role in Strategic Planning

As you journey through Module 1, you will learn and understand what strategic planning is, its relationship with higher education leadership, and its importance for college and university effectiveness. You will evaluate institutional strategic planning and how it relates to the mission of your institution.

Module 2: Making Data-Informed Decisions to Support Institutional Mission and Strategy

Module 2 is focused on the importance and effectiveness of building institutional data literacy and capabilities to leverage analytics—including financial metrics—to develop, communicate, and affect institutional strategies.

Module 3: Revenue and Resource Allocation in Support of Mission and Strategic Goals

In Module 3, you will learn about the history of college cost discussions, the role that planning and budgeting have in revenue generation and resource allocation, drivers behind higher education expenses, and strategies for improving resource generation and use at colleges and universities.

Module 4: Strategic Financial Leadership and Institutional Success

In the final module of the course, you will learn about strategic leadership and its benefits, as well as the importance of leadership presence in higher education. You will analyze persuasive communication and learn to apply best practices of communication to present financial information to different stakeholders.

A companion workbook for each module helps you apply what you are learning at your college or university.

Course Information

  • Prerequisites: None
  • Advanced Preparation Required: None
  • Level: Basic to Intermediate
  • Delivery Method: QAS Self Study
  • Length: Estimated 100-150 minutes per module; 400-600 minutes for the course

 

CPE Information

There are no CPEs offered for this event.

While there are no CPEs currently offered for this course, NACUBO hopes to add the ability to grant CPEs for this course soon.

NACUBO is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org.

Rates

Registration for the course is not yet open. 

For more information regarding administrative policies such as complaints and refunds: 877.797.7698 or support@nacubo.org

Cancellation Policies

Member Standard

$595

Non-Member Standard

$995

Acknowledgments

NACUBO gratefully acknowledges the contributions of the following people and organizations who assisted in the creation of this course:

  • NACUBO Members: Andrea Ausperk, Kathy Byington, Leslie Brunelli, Linda Campos, Danilo Castillo, Shawn Charles, Teresa Costantinidis, Michael Crocker, Brian Fox, Octavio Fuentes, Russ Hannah, Ed Kania, Robert Kuehler, Diana Kuhlmann, Eric Leal, MaryFrances McCourt, Bob Miller, Carla Pierre Gini, Marcus Richardson, Shandra Robertson, Susan Scroggins, Cheryl Soper, Orkun Toros, Margaret Tungseth, Lynn Valenter, and Valarie Van Vlack
  • NACUBO Consultants: Diane Goddard, Mary Wheeler, Joanne Yestramski
  • NACUBO Staff Members: Mary Bachinger, Liz Clark, Jeanne Cure, Altovise Davis, Jenelle Dembsey, Bryan Dickson, Susan Whealler Johnston, Elizabeth LaRocca, Katy McCreary, Sue Menditto, Ankur Ponda, Ken Redd, Randy Roberson, Whitney Sayce, Christine Simone, Lindsay Wayt, and Morgan Witter
  • Beyond Campus Innovations
  • Mirai Media