Beyond Budget Keepers: How to Chart a Financially Sustainable Future for Your Institution
Recorded On: 08/01/2024
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Finance leaders in higher education must navigate volatility from a host of internal and external factors, including enrollment levels, inflation, and even societal pressures. These factors seek to place downward pressure on budgets and revenue streams that stand to impact even the largest institutions.
New approaches and data sources are emerging to empower the CFO to chart a financially sustainable—and more stable—future for their institution. Join Suffolk University to learn how they’ve enhanced their ability to plan for a range of financial scenarios and avoid disruptions to or distractions from the strategic mission of their institution.
This webinar will cover:
- Factors that drove Suffolk University’s desire for ongoing academic portfolio review
- The data they’re reviewing, how often, and who has access
- How internal teams prepared for this data, including change management strategies
- Improved decision-making at Suffolk, by using this data to create a single source of truth
Learning Objectives
After this webinar, you will be able to—
- Consider appropriate data sources and processes when evaluating academic programming
- Build stakeholder buy-in and alignment, especially regarding change management discussions
- Leverage data to inform decision-making and action
Sponsor
This NACUBO Partner Webinar is created by and offered free for members thanks to:
This webinar and associated materials are provided for general informational purposes only. The views expressed in the webinar are those of the sponsor and/or individual speakers and not NACUBO. NACUBO does not necessarily endorse any information, views, products, or services discussed in the webinar.
Gary Fireman
Associate Provost and Chief Data Officer
Suffolk University
Dr. Gary Fireman has been associate provost since 2017 and chief data officer since 2021. In this role, he oversees the office of institutional research and assessment. Fireman is also a professor in psychology with research interests in emotional complexity and social reasoning related to bullying and to sleep quality. He has over 60 peer reviewed publications.
Rizwanur Rob
Research Analyst, Office of Institutional Research and Assessment
Suffolk University
Rizwanur Rob is a PhD ABD in economics from Northeastern University with a focus on quantitative research in education and cost structure of firms. As part of the institutional research team at Suffolk University for the past two years, Rob is responsible for developing and maintaining databases and dashboards for internal stakeholders, generating regular and ad-hoc reports, and developing models and analysis for planning and policy making decision. He was heavily involved in the validation of the data and APM model for Suffolk from the very beginning and has presented the model to internal stakeholders several times.
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LockedHelioCampus partners with higher ed’s most forward-thinking leaders, providing a unique set of tools designed to help them rise to the challenge of today’s high stakes moment. Through HelioCampus’s Institutional Performance Management products and services, higher ed institutions can tap into groundbreaking processes that enable them to deliver on their mission by driving enrollments, controlling expenses and improving learning outcomes. With our Financial Intelligence solutions, institutions gain deeper insight into administrative and academic costs and opportunities in every corner of campus. Coupled with services from higher ed experts, our platform allows Finance leaders to build scalable data solutions and transform into change agents.
Contact Information
- Colleen Duggan, colleen.duggan@heliocampus.com, 301.814.7594
- Lars Kontz, lars.kontz@heliocampus.com, 202.368.9742
