11:45 AM - 1:00 PM
Creating and Managing Programs at Global Locations
Ms. Ashley Bradshaw Ferenczy, Carnegie Mellon University
Mr. Matthew Coley, Carnegie Mellon University
Mr. Mark A. Gambone, Carnegie Mellon University
Mr. Daniel Giammatteo, Jr., Carnegie Mellon University
Participants will gain an understanding of how to create and manage successful programs at global locations. Presenters will expose the audience to different financial models, sponsorships, structures, and cultures, and provide examples of some of Carnegie Mellon’s global location.
LIBOR is likely going away after 2021. What should I be doing now to prepare?
Ms. Readie Callahan,
Mr. David L. Hammer, CPA, Lehigh University
Ms. Valarie J Allen, Ballard Spahr, LLP
Banks will no longer be compelled to submit LIBOR bids after 2021, paving the way for the termination of the index that serves as a benchmark for over $350 trillion in products. LIBOR will be replaced by the Secured Overnight Financing Rate (SOFR), a new alternative reference rate published by the Fed. The transition to SOFR will have a wide ranging impact on derivatives, bonds, commercial loans, private student loans, and mortgages, among others. This discussion will broadly focus on the how and why the global financial markets feel compelled to transition away from LIBOR as a viable benchmark, the impacts to colleges and universities, and will help college and university business officers build a toolkit that can be immediately deployed to help navigate the transition.
The Times Have Changed: Real World Tips and Strategies to Grow Revenue, Increase Enrollment, and Manage Cost
Dr. Jim Hundrieser, Association of Governing Boards of Universities and Colleges
Mr. Stephen T. Golding,
This interactive, deep-dive session explores a variety of tips, methods, and strategies that can be used to diversify and grow institutional revenue sources, increase enrollments, manage cost, and address other critical business model issues. Special emphasis is placed on the practical development and implementation of these strategies, using actual case studies as a guide. A three-step system (diagnostics, exploration, and implementation) for identifying key strategic growth building blocks will also be discussed. The ideas in this session will help you align institutional mission and strengths with new financial models for prosperity. Attendees will leave with a set of clearly articulated strategies and rationales they can utilize at their institution and will have opportunities to explore actual case studies where these strategies have been implemented with success.
University-Wide Grants Planning at Tufts University
Mr. Salvatore MA Tripoli, III, Tufts University
Mr. Stewart Clark, Kaufman Hall
Mr. Brian Cody, Tufts University
A common challenge facing many research institutions is the declining availability of federal funding. In order to adapt, Tufts has focused on increasing visibility and transparency into prospective financial planning of research portfolios. The Research Administration office partnered with the Office of Budget and Planning to make this information more reliable, timely, and available to the various constituents of the research community. Integrating the systems and training the local administrators has required changes to the workflow of research administration and led to standardization of best practices. Attendees will learn how the implementation of the Grants Module at Tufts resulted in effective change management through the implementation of a new tool. The audience will understand the collaborative framework needed between constituents, central offices, and technical experts to make change management successful.