1. NEASC/ CIHE Optimizing Financial Capacity
Presented by:
Maureen Murphy
Vice President for Administration and Finance
Moderated by:
Tim Bowman
December 7, 2016

2. Institutional Profile
Emerson is internationally recognized in its fields of specialization, which are communication studies; marketing communication; journalism; communication sciences and disorders; visual and media arts; the performing arts; and writing, literature and publishing
Located at the intersections of Boylston and Tremont streets at the southeast end of the Boston Common
Master’s comprehensive institution
Three locations- Boston, Los Angeles and Netherlands
4454 Students from 48 U.S. states and 57 countries
3783 undergraduate
671 graduate
202 full time faculty, 277 part time
Budget in FY18 projected to be $190 million
Tuition, room and board dependent- 94% ( 75% tuition)
$500 Million outstanding debt (projected in FY17)

3. Emerson College moves from Back Bay -“Before”

4. Emerson's Legacy: Our Success Story So Far

5. Institutional Priorities
Capital expansion to increase housed students to 70% or more: goal since 2002 or NEASC
Sense of Place in Urban Campus
5 Strategic initiatives
Academic Excellence
Innovation
Globalization
Civic Engagement
Strengthen financial- Increase Philanthropy

6. Budget Planning Process
President’s Council June Retreat
Budget Office Scrubs assumptions for next budget cycle
Request made from VP’s
Meet with Budget Planning Priorities Advisory Committee (BPPAC)
Board of Trustee – Finance Committee
Board of Trustee – Facilities Committee
Board of Trustee – Preliminary Approval TR&B – Set in March
Goals set up next planning cycle
September thru December
Final Updates – 10 Year Multi Year Model
Budget request solicited
ERM – Updates to Risk Register
Input from October/December/ January
Faculty, Staff, AA, CFO, President

7. Challenges Progress Tuition dependence In process
Debt dependence At capacity
Developing philanthropic culture In process
Enterprise Risk Management 
Increasing full time faculty 
Strategic initiatives 
Deferred maintenance 

8. Questions