Financial Stewardship Institute

Are you, or someone you know, interested in:

  • Enhancing skills in strategic thinking, proactive risk management, and decision-making around budget and finance issues?
  • Gaining experience in diagnosing and consulting on real life issues facing higher education?
  • Having opportunities to network with colleagues and subject matter experts in financial stewardship?

If so, please consider participation in the Financial Stewardship Institute.

Nominations for the 2022-2023 cohort will open in August 2022.

The 2021-2022 cohort is underway.

Program Overview

The Financial Stewardship Institute is an engaging professional development program with unique workshops that require analysis and interpretation of key principles related to why we do what we do and what we do when it comes to stewarding the finances of the University of Oregon.

The cohort is comprised of individuals from departments across campus with varying levels of experience in higher education, business practices and budget planning. All faculty and staff are eligible. The program is a five-month commitment, and to optimize the learning experience, enrollment is limited to 25 participants.

  • Session 1: University of Oregon Financial Overview and Essentials of University Budget Planning
  • Session 2: University Accounting and Payables, Receivables and Collections
  • Session 3: Contracting and Fundamentals of Sponsored Projects Administration
  • Session 4: Safety and Risk Services and Internal Controls and Fraud Awareness
  • Session 5: Financial Reporting and Analysis and Human Resources and Payroll
  • Session 6: Records Management & Information Security and Small Group Project Assignment
  • Session 7: Small Group Project Check-in with FSI Design Team
  • Session 8: Financial Stewardship Institute Capstone
    FSI Small Group Project Teams will present their recommendations to the FSI Design Team and project sponsors.

All participants are expected to attend and engage in all eight sessions and participate in a small group consulting project.


Small Group Projects Proposals ​​​​​

An essential element of the FSI involves the application of financial stewardship principles taught in the workshops to real issues at the UO. To provide this experience to FSI participants we have them lead consulting projects for UO departments.

Proposing is easy: Simply provide a project title, a contact person/sponsor, a 1-2 paragraph problem statement/description, and a brief charge/goal for the FSI project team.  

Submit a Proposal

Guidelines for identifying a project to submit: 

  • Focus of the project 
    • The project must focus on an issue with the potential to have a financial impact on the overall UO budget. 
    • The project should involve a complex issue that would benefit from the advice of a consulting team and require strategic thinking to be resolved.   
    • Participants in the FSI will serve as consultants, focusing on applying principles of financial stewardship (e.g., related to accounting, payables, receivables and collections, contracting, sponsored projects, risk services, internal controls and fraud prevention, financial reporting and analysis, records management, HR and payroll) to your project. 
  • Role of the sponsoring department  
    • Submit a project  
      Identify and electronically submit a project for FSI participants using the online form.
    • Work with the FSI small group
      If your proposal is selected, meet with your FSI project team to provide an overview of the project and answer any questions. Be available to answer questions from your FSI project team members as they analyze the issues and prepare their recommendations. 
    • Attend Capstone Presentation

Nomination Process

Nominations for the 2022-2023 cohort will open in August 2022.

Registration for this program is facilitated through a nomination process to provide representation from many departments across campus with different levels of experience. 

Participants can nominate themselves or be nominated by another. All participants must have supervisor support to participate. 

Nominees will be notified of their status one week prior to the launch of the Institute. 

To Self-Nominate

  • Discuss your interest with your supervisor. 
  • Questions on nomination form: 
    • How will participating in the FSI benefit your professional development and your department?
    • How many years of experience do you have in financial stewardship in higher education?
    • How many years of experience do you have in business practices (accounting, purchasing and contracting, records management, financial reporting)?
    • How many years of experience do you have in budget planning?
  • Complete and submit the nomination form.

Once you have completed the nomination form, your supervisor will be automatically notified via email for their approval.

To Nominate Another 

Submit the nomination form to nominate someone for the FSI. Nominees will be notified that they need to complete the self- nomination process to be consider for the cohort.

Questions

If you have any questions about the nomination process, please contact Tiffany Lundy, Learning and Development Manager, at 541-346-2801, or tlundy@uoregon.edu