Resource
Fiscal resiliency resources for higher education
Reach institutional sustainability, now, for tomorrow
Dec 06, 2024
Now, more than ever, it's crucial for higher education institutions to be resilient.
Mounting and evolving financial, operational, demographic, technological, reputational and political pressures have intensified the struggle for colleges and universities to provide quality programming and degree pathways for students and ensure institutional sustainability and success. Shifting student needs, growing competition and increased oversight are forcing higher education to adapt to higher expectations.
Advancing your mission within today’s fiscal constraints is a challenge almost every institution is experiencing. The higher education industry is facing real, complex and existential issues – but fortunately, there are opportunities and actionable strategies to approach the headwinds impacting this sector and implement effective transformation and change management.
Baker Tilly’s industry-specialized team understands the challenges institutions encounter to achieve sustainability in higher education. We’re committed to positioning college and university leaders to navigate these obstacles and transform your education and business models.
Our Fiscal Resiliency Resource Center delivers candid guidance and strategic insights to gain resiliency holistically across your institution's operations, finances and academic and athletic programs.
Fiscal resiliency resources
Teaming on transformation
Our dedicated and experienced higher education industry trailblazers are poised to help your institution:
- Bolster critical financial, operational and programmatic functions
- Grow enrollment and improve student outcomes
- Implement successful career pathways that support students, employers and communities
- Maximize performance as workforce development and social mobility engines
- Build sustainable, financially resilient, change-capable organizations
- Differentiate your brand and improve its market position
- Strengthen public trust and stakeholder engagement
- Enhance cost-effectiveness to offer more affordable education options for students
- Explore transformative opportunities such as shared services, mergers and integrations
- Adopt creative approaches to debt, risk and asset management
- Leverage technology and data analytics to drive effective decision-making
- Drive sustainable, affordable and transparent approaches to student and institutional success
And, ultimately, transform your higher education business model.
Inside Higher Ed: Christine Smith gives insight into the Pennsylvania’s State System of Higher Education integration process
Higher Ed Dive: Christine Smith gives insight into the next steps of Pennsylvania’s State System of Higher Education integration
Forbes: Higher Education Must Change To Thrive: The Case Of Consolidation In The Pennsylvania State System
The Business Journals: Christine Smith provides insight into the importance of fiscal resiliency for Higher Ed organizations
Higher Ed Advisor: A Baker Tilly Podcast