Finance Committee

The Finance Committee of a college is a key governance body responsible for overseeing the financial management and budgeting processes of the institution. Composed of senior administrators, faculty members, and sometimes external experts, the committee reviews and approves the annual budget, monitors financial performance, and ensures that resources are allocated effectively in line with the college’s strategic goals. The committee also assesses financial policies, audits, and major financial decisions, such as capital investments and funding strategies. By providing financial oversight and guidance, the Finance Committee helps maintain the fiscal health and sustainability of the college.