The more than 45 organizations that make up B&F provide essential infrastructure services to support the students, faculty and staff of the University of Michigan. Together, we truly Make Blue Go.
Facilities and Operations has primary responsibility for the stewardship of the university’s physical properties, including nearly 35 million square feet of building space. We are responsible for sophisticated and complex academic, research and clinical facilities, as well as associated environmental stewardship and regulatory compliance. We strive to optimize our resources in order to support the university’s commitment to academic excellence and cost containment.
F&O staff strive to contribute to and promote a safe and secure community while respecting the rights and dignity of all persons utilizing facilities and programs of the University of Michigan
Finance offers a wide variety of key business and financial services to the university community. These services include accounting, budgeting and recharge reporting, cash management, debt issuance, financial reporting, internal controls, payroll, post-award accounting for sponsored programs, procurement, risk management, student financial services, and tax management.
The The Staff Ombuds Office offers free and confidential conflict management services to help non-bargained-for UM-Ann Arbor and Michigan Medicine staff resolve issues and promote a civil and positive working environment.
The University of Michigan’s Office of Investments was established in 1999 to oversee the investments of the University’s financial assets, including the University’s $17 billion endowment. This diversified, multi-asset class portfolio supports the University’s student scholarships, academic and research programs, professorships, and libraries, to name a few of the many endowed fund initiatives.
The primary objective of the office is to optimize the endowment performance and the University’s other investment programs, such as its working capital pool and gift programs. This includes developing investment policies, the strategic asset allocation, policy and performance benchmarks, and risk management practices. This ensures that the real purchasing power of the fund’s principal is preserved and maintained enabling the University to continue to provide strong academic programs and innovative technology.
The University’s endowment ranks 9th among institutions of higher learning based on asset size and 3rd among public universities based on the NACUBO 2020 National Endowment Study.
The Investment Office is charged with overseeing the investments of all of the University’s financial assets. The chart below shows the composition of the University’s $16.1 billion in financial assets on June 30, 2020.
(a) ‘Other’ includes life income trusts, assets that cannot be commingled in the University’s investment pools, uninvested cash balances and other reserves.
University of Michigan Investment Policy
Endowment Investment Report
Endowment Q&A
Michigan Investment in New Technology Startups (MINTS)
South Africa Stock Divestment
- Senate Assembly Advisory Committee Report on Investment Policies and Social Responsibility (February 28, 1978) [PDF]
- Regent’s proceedings regarding South Africa divestment (March 16, 1978)[PDF]
Tobacco-related Stock Divestment
University Human Resources provides services that attract, sustain and inspire excellence in faculty and staff of the University of Michigan. The vision of UHR is to develop, through university leadership, the finest HR function anywhere, in a culture where people thrive, partnership prevails and performance excels. UHR provides comprehensive services to the U-M community that include human resources policy and strategy, competitive benefits, health and well-being programs and initiatives, employment services, data and information services and professional development, to name a few.
The U-M Shared Services Center (SSC) offers select Finance and Human Resources (HR) transactional services to the entire institution. It combines these transactional services from colleges, schools, and administrative units into one operation that offers high-quality customer service as part of an overall strategy that focuses on the optimal use of university resources.Colleges, schools, and administrative units participate in the governance of the SSC to define performance levels, provide feedback and establish collaborative responsibilities.
Campus Sustainability works with an array of university units to advance sustainability and carbon neutrality across the Ann Arbor, Dearborn and Flint campuses. This area of B&F was formed in August 2023 with the hiring of the university's first associate vice president for campus sustainability, who works collaboratively on the Ann Arbor campus with Michigan Medicine and the forthcoming Vice Provost for Campus Sustainability.
The Office of Planning and Strategic Initiatives (OPSI) manages priority initiatives, projects, special operations and programs orchestrated within the purview of the Business and Finance organization. OPSI works to advance enterprise initiatives and operational and programmatic projects, ensuring all projects are aligned with and promote the mission and strategic direction of the University of Michigan and its leadership. It coordinates with a range of campus partners in this work.