EDL 746 - Finance, Budget, and Operations

Over the past several decades, colleges and universities have seen a significant decline in traditional sources of financial support. Public universities have grappled with budget cuts at the state and federal level. And private institutions have seen a decrease in revenue due to declining enrollments. At the same time, operating costs have expanded due to expanded employee benefits and retirement obligations, among other things. This course will examine key issues related to budgeting, finance, and operations in higher education. Students will develop the skills and strategies to interpret financial reports, examine external reporting requirements, and explore the business requirements of market position, enrollment, and alternative sources of income. Access to capital markets and other debt strategies will be examined, as will approaches to external relations and resource development.

(Cr: 3