management of funds

The University's financial funds are divided into two main groups: on the one hand, there is the Bursar's Office, further subdivided into Bursar's Office Ordinary (T.O.) and Savings Fund (FAHUN), and on the other hand the Endowment (ENDW). Each of these funds is managed separately for reasons of efficiency. The Bursar's Office Ordinary organises short term collections and payments deadline, while the Savings Fund is the internal instrument created to place temporary surpluses from Bursar's Office.

The Endowment is a long-term financial portfolio deadline that uses the returns it obtains to support the purposes for which it was endowed (scholarship programmes, research, Chairs, etc.). There are two internal endowments: Pamplona and IESE. In addition, several collaborating foundations have endowments that allocate funds to scholarships and research through annual contributions.

A good management enhances the fulfilment of the University's aims. And with this organisation it is possible to rationalise resources.

Supervision and management has different levels: Executive Council of the board Governance, committee Investment, committee Technical and managementteam. Each subject managed fund has a set of rules and regulations that define risk limits and other investment criteria including ethics and transparency.