Course Summary

Responsibility Center Management (RCM) is a budgeting method that is increasingly being used widely across colleges and universities. Many assert that RCM gives academic decision makers more latitude and creates better incentives, while others feel that it puts financial considerations ahead of academic ones. While this is an important debate, the goal here is to examine how RCM works. Doing so helps one see many of the dilemmas involved in higher education budgeting processes. Even if one has no intention of adopting an RCM model, there is a lot to be learned from how this method works.

 

Course Information

Tracks: ACE Financial Leaders

Tags: budget, RCM, revenue

Course Instructors

Bridge LMSManager02 Author

admin Author

bridge instructor Author

Welcome

Introduction

Learning Objectives

Intended Audience

Acknowledgements

Module 01

What is RCM?

Module 02

Funds Flow in RCM versus Incremental Budgeting

Differences Between Models

Module 03

How Does RCM Work? 

RCM in Smaller institutions 

Module 04

Strengths of RCM 

Challenges of RCM 

Module 05

Using Select Elements

Wrap Up

Conclusion

Evaluation

Forum

New Lesson

Table of Contents

Section 1 : Welcome

• 1.1 : Introduction
• 1.2 : Learning Objectives
• 1.3 : Intended Audience
• 1.4 : Acknowledgements

Section 2 : Module 01

• 2.1 : What is RCM?

Section 3 : Module 02

• 3.1 : Funds Flow in RCM versus Incremental Budgeting
• 3.2 : Differences Between Models

Section 4 : Module 03

• 4.1 : How Does RCM Work? 
• 4.2 : RCM in Smaller institutions 

Section 5 : Module 04

• 5.1 : Strengths of RCM 
• 5.2 : Challenges of RCM 

Section 6 : Module 05

• 6.1 : Using Select Elements

Section 7 : Wrap Up

• 7.1 : Conclusion
• 7.2 : Evaluation
• 7.3 : Forum
• 7.4 : New Lesson