Financial Management of Exchanges in RCM Environment

Financial Management of Exchanges in RCM Environment
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This content discusses the financial management of exchanges in a Responsibility Centered Management (RCM) environment at an educational institution. It covers the history of study abroad programs, types of program models, challenges with the RCM budgetary system, and the context for exchanges at the institution.

  • Financial management
  • Exchanges
  • RCM environment
  • Study abroad
  • Educational institution

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  1. Financial Management of Exchanges in an RCM Environment DENISE GARDINER dagardin@iu.edu October 3, 2016

  2. Office of the Vice President for International Affairs October 3, 2016 History of Study Abroad at IU 19th Century Origins First US programs in Latin America and Soviet Union in 1959 Creation of Office of OVST in 1972 Central staff of 6 now grown to 14 Centralized program approvals; mixed responsibility for administration

  3. Office of the Vice President for International Affairs October 3, 2016

  4. Office of the Vice President for International Affairs October 3, 2016

  5. Office of the Vice President for International Affairs October 3, 2016

  6. Office of the Vice President for International Affairs October 3, 2016

  7. Office of the Vice President for International Affairs October 3, 2016 Three types of program models 1. Centrally Administered a) Faculty-led b) Customized c) Consortia programs (Madrid, Aix, Bologna, Freiburg) d) Historic exchanges - open to all fields of study 2. Co-Sponsored (most central, some unit-specific) a) Third-party providers (CIEE, IES Abroad, others) b) Direct enrollment foreign university 3. Unit-based a) Faculty-led b) Unit-to-unit exchanges - major field restricted both directions

  8. Office of the Vice President for International Affairs October 3, 2016 Context for exchanges at IU President s initiative to streamline number of institutional partnership agreements from 500 to about half that. Agreements should be active, complementing IU s strengths and furthering IU s fundamental missions. Responsibility Centered Management (RCM) budgetary system a disincentive to expansion of campus-wide undergraduate student exchanges, even with highest priority strategic partners. Within one academic unit, RCM disincentivizes exchanges due to non-resident/resident differential and flat fee tuition/market share. The vast majority of international students on IU s campus are not exchange students (< 200 of ~7,000 international students); same on the outgoing/study abroad side (< 200 of ~2,200 study abroad participants).

  9. Office of the Vice President for International Affairs Campus-wide exchanges Limited (grandfathered-in) agreements: October 3, 2016 o Australia:Australia National University, University of Adelaide, University of Western Australia and University of Wollongong o England: University of Kent o France: Universite de Provence, Sciences-Po o Italy: University of Bologna o Japan: Nanzan University Number of slots fixed fear losing budget allocation

  10. Office of the Vice President for International Affairs Unit-to-unit Exchanges October 3, 2016 Bloomington campus - International Exchange Parity Fee Remission History UNDERGRADUATE OUTGOING INCOMING F09 S10 F10 S11 F11 S12 F12 S13 F13 S14 F14 S15 F15 S16 TOTAL F09 S10 F10 S11 F11 S12 F12 S13 F13 S14 F14 S15 F15 S16 TOTAL - 2 2 - 3 2 2 - - - - 1 - 2 14 1 1 1 2 3 2 2 3 2 1 10 5 9 3 11 9 11 4 29 10 15 11 36 8 38 199 3 3 4 1 3 3 5 4 2 4 32 5 9 3 2 2 1 1 8 3 2 8 2 7 53 5 5 3 2 2 6 2 2 8 8 33 2 1 1 1 2 1 1 5 2 1 17 3 5 1 3 12 2 1 2 2 5 12 4 5 2 2 4 17 1 1 3 1 4 2 2 2 1 1 18 - - - - 2 - 2 1 1 - 1 - 2 3 12 2 2 1 1 1 2 2 11 1 1 - - - - - 1 2 3 3 4 3 - 6 2 4 28 1 2 3 3 4 3 6 2 4 28 5 11 5 11 15 15 11 33 15 18 12 43 12 47 253 College of Arts and Sciences Bogazici University Hong Kong University of Science and Tech Doshisha University Kelley School of Business Bocconi University City University Hong Kong Copenhagen Business School ESADE Hong Kong University of Science and Tech National University of Singapore Rouen Business School Strathclyde Business School WHU Otto Beisheim School of Management School of Public and Environmental Affairs Sciences Po Rotterdam Erasmus University Universidad Publica de Navarra School of Public Health Victoria University Grand Total - - - - 4 1 3 2 2 - - 3 3 1 2 - 1 1 185 246 18 3 4 20 2 1 10 3 3 8 2 1 13 2 10 2 11 5 4 5 12 20 18 14 20 26 5 6 4 5 6 1 3 6 7 4 4 2 6 31 52 5 4 5 3 4 - 3 2 4 1 3 2 1 1 1 2 2 2 2 4 2 2 2 1 1 4 2 3 2 2 1 5 2 4 2 1 3 4 2 2 3 6 1 1 1 28 17 10 14 17 16 16 10 1 2 4 1 1 1 2 2 2 5 2 1 2 1 1 2 - 2 - 1 1 1 2 1 1 - - - - - 29 3 1 1 24 3 2 2 6 3 3 8 - 1 1 6 14 2 2 16 2 2 13 2 2 18 2 2 15 2 2 24 3 3 21 2 2 24 3 3 30 2 2 27 27 4 How did we make this happen?

  11. Office of the Vice President for International Affairs October 3, 2016 2008 Student Exchange Fee Remission POLICY PROCEDURE

  12. Office of the Vice President for International Affairs October 3, 2016 Takeaways Labor intensive Units must sustain agreement Balance Questions?

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