15 March 2017 Matt Sisson, Projects and Membership Manager
Deloitte has released the report of its 2016 HE Finance Directors Survey this week, with some interesting insight into the views of sector finance leaders on a range of issues and priorities. Amid sector and global challenges, it’s perhaps little surprise that the survey shows that over half of those surveyed are less optimistic about their institution’s financial prospects than they were 12 months ago. Following on from this, a similar number of FDs believe that now is not a good time to be taking greater risk onto their balance sheets.
In other findings, over 80% of FDs cite Estates and Physical Assets as a key priority for investment over the next 12 months, compared to just over 20% for Expanding international activities. While “for research intensive HEIs, the use of investments to reduce costs was a strong priority for 39% of respondents, compared to just 13% for teaching intensive institutions”.
You can read the survey and its findings in full here.