What is the financial position of the University? The budget is where you can read about the University’s financial results and forecasts. It is adopted by the Executive Board and approved by the Board of Governors.
University Council and right to assent
The draft budget is discussed with the University Council. The University Council has the right to assent to the main outline of the annual budget, as described in the Framework Memorandum. The Executive Board therefore asks the University Council to approve the distribution of funds between the main categories: faculties/institutes, supporting services, work budgets and real estate.