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Blog

Customer Journey Mapping: A Deeper Dive into Your Enrollment Pipeline

August 14, 2024 by FuturED Content Team

This is an aerial view of a winding path to represent consumer journey mapping.

Creating a customer journey map enables finance teams to think about the enrollment process from the student’s and the parents’ perspectives.

Filed Under: Blog Tagged With: customer journey mapping, enrollment, financial aid

Whose Responsibility Is it Anyway?

July 12, 2024 by FuturED Content Team

The picture shows a mother swan swimming with her babies. This represents the idea of established accounting and finance professionals teaching students about the field.

The number of accounting and finance students in college has fallen. We need to talk to students about the range of careers available.

Filed Under: Blog Tagged With: accounting careers, finance careers

Who Is Coaching Your Student Retention Team?

June 26, 2024 by FuturED Content Team

The picture shows cut-outs of children to represent student retention.

In order to improve student retention and financial health, it is crucial to involve multiple departments within a college institution, including the CFO.

Filed Under: Blog Tagged With: finance transformation

Additional Endowment Spend: Symptom of a Larger Issue?    

May 28, 2024 by FuturED Content Team

A doctor examines a patient to represent endowment spend as a symptom.

Many CFOs try to solve budget deficits by taking larger draws on their endowment. This may be a short-term option, but it is not sustainable.

Filed Under: Blog Tagged With: endowment, finance team, finance transformation, higher ed

What Does Your Board Need To Know About UPMIFA?

April 22, 2024 by FuturED Content Team

The picture shows an information booth to represent the info boards need about UPMIFA.

UPMIFA (Uniform Prudent Management of Institutional Funds Act) guides charitable organizations on investment and endowment decisions.

Filed Under: Blog Tagged With: boards of directors, finance team, UPMIFA

7 Imperatives to Be a Finance Strategist

March 29, 2024 by FuturED Content Team

Finance is increasingly at the heart of the strategic process. What does it take to be an effective finance strategist?

Filed Under: Blog Tagged With: finance teams, financial strategy, higher ed

2024 Predictions for Higher Ed

February 8, 2024 by FuturED Content Team

The picture is of a fortune cookie to represent predictions in higher ed.

It’s a new year and time for identifying and planning around the top priorities for colleges and universities for 2024. 

Filed Under: Blog Tagged With: automation, cost restructuring, financial modeling

What Can Higher Ed Learn from a Chef? (part 3)

October 25, 2023 by FuturED Content Team

The picture shows a nearly empty restaurant to represent the value of analyzing course offerings to adapt to enrollment declines.

Understand and project demand (enrollment). What if I have 15 entrees and customers rarely order a couple of them? Also, one of the main ingredients is not used for any another entrée. Would you discontinue the item? Why is it that in higher education, we continue to add to our menu without retiring offerings or […]

Filed Under: Blog Tagged With: enrollment, finance transformation, higher ed

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