On November 17, faculty and students welcomed finance expert and CPA Dr. Howard Bunsis for an exhilarating, witty deep-dive into Miami University's finances.
Co-sponsored by FAM and #StudentsForFAM, "Follow the Money: Miami's Finances & You" covered Miami's overall financial condition, spending on instructional and administrative salaries, faculty pay as compared to our peers, enrollments, athletics deficits, and more. Here's a short summative clip :
"There's no doubt Miami is in very strong financial condition...solid reserves, cash flows, modest debt..."—Howard Bunsis
More clips below. Watch the full recording on YouTube and explore the slides.
Some highlights from the presentation:
FAM and #StudentsForFAM are grateful to Professor Bunsis for his time. Bunsis is an accountancy scholar and attorney with many years of experience analyzing university finances for the American Association of University Professors. Howard holds a PhD and MBA from the University of Chicago, a JD from Fordham University, and a BA from the University of Pennsylvania. He is professor of accounting at Eastern Michigan University, where he has served as president of the AAUP collective bargaining chapter. He is easy to find and mentioned that he's happy to answer questions about his data and conclusions.