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Enterprise risk management interview with Minnesota State Colleges and Universities: an institutional evolution

Nov. 9, 2022 · Authored by Christopher E. Jeffrey

Baker Tilly’s Risk Advisory Principal, Chris Jeffrey, recently sat down with Mike Vekich, Member and Audit Chair for the Board of Trustees for Minnesota State Colleges and Universities (Minnesota State) to discuss enterprise risk management (ERM) in higher education. Mike reveals Minnesota State’s ERM goals and governance structure, the role of the audit committee and key tips for sharing risk information and reports. Watch the interview to learn more about how ERM has added value to Minnesota State and why your institution should consider an ERM process.

*Please note, since this interview was recorded, Minnesota State recently had five colleges merge into one and now has 33 schools – 26 colleges and seven universities.