Faculty & Staff: The Finances and Economy of DUSON

March 21, 2017

Over the past year, 45 faculty and staff have attended workshops about the School’s finances, with the feedback being positive. Therefore, three additional opportunities to attend are available for 2017.

“The Finances and Economy of DUSON” aims to increase understanding of the inter-relationship of the finances, School fiscal priorities, the money management strategies utilized to build resources over the long-term while achieving short term goals, and what makes this place tick – fiscally speaking, that is. The workshop is comprised of two parts consisting of two 90-minute sessions and is eligible for 3 CE credits. Although the workshop will cover a large amount of material, the workshop is designed for small groups and to be highly interactive (without much accounting speak!). Topics covered include:

Session 1 Session 2

1. And DUSON’s net worth is $ __________

1. Inter-relationship of mission areas

2. Reserves - savings account with a lousy interest rate

2.Tuition rate and scholarships

3. Grow baby, grow! (an endowment’s best friend)

3. DUSON research economics 101

4. The fiscal machine – primary support resources

4. The parallel universe – our budget process

5. Group exercise – financial levers

5. Group exercise – a “surplus” of ideas

If interested, sign up for one of the following pairs of dates by emailing Otissa Turner at otissa.turner@duke.edu

Session 1 June 20 10:00-11:30 and Session 2 June 22 1:00-2:30, both in room 3103
Session 1 September 19 10:00-11:30 and Session 2 September 21 1:00-2:30, both in room 3103
Session 1 December 11 9:00-10:30 and Session 2 December 13 1:00-2:30, both in room 3103