FY19 Budget Process Timeline & Training January 2018

Wharton Budget Process | Overview March - April April-June Analyst Budget Review School Level Analysis Develop Budget Framework Budget Schedules Hyperion Entry & Review Presentation of Budget to Dean & Request Approvals January-March Framework: based loosely on current year’s budget + new/changing initiatives/ Departmental priorities Schedules: translate framework for consistency across Wharton by categories + documentation of budget components Hyperion: input of budget and review versus schedules and departmental context via Hyperion Reports Review: of mechanical and contextual aspects of departmental budgets Analysis: at School level to verify accuracy of budget, understand changes to upcoming budget versus current year forecast Present: budget summary and additional request to Dean Additional Analytics: as needed based on presentation Budget Approvals: communicated for those departments with Funding requests Trustee Approval: of overall budget

FY19 Budget | Key Dates Wharton Budget due to Central Schedules distributed to Departmental Pillar drives Jan 16 – Feb 8 ALL BUDGETS DUE to Strategic Planning Mar 8 Budget Meetings (some Depts) Mar 15 – Apr 3 Budget Review (w/Dean Garrett) Apr 23 Wharton Budget due to Central May 1 Wharton’s Final FY18 Forecast due to Central Apr 16 No formal P2 category projections  but your Analyst may reach out with questions Academic Depts. FY18 Projections: update of Non-standing Faculty & PhD due Feb 16

FY19 Budget | Training Options “New” BAs (1st or 2nd budget cycle) -- meeting invite sent for group session Experienced BAs -- as needed, schedule a one-on-one with your analyst All Departments -- Tuesday, February 13th (1:30PM-3:30PM) or Thursday, February 15th (10AM-12PM) All Departments -- one-on-one sessions as requested Potential Topics for Discussion: Budget Schedules (review/update your department’s schedules together) Checking/Setting your preferences in Hyperion Budget Entry (walk through a specific schedule and input together) Reporting (to assist with meetings with your chairs, directors, or staff) Budget Review using Hyperion Reports and Excel Schedules Budget Schedules Hyperion: Entry & Reports One-on-One Sessions

Strategic Planning Group | We are here to help! Contact your analyst with any questions during the budget prep period (now through March 8th) Sarah Grady 8-9227 Todd Pustilnick 6-8299 Jim Quinn 3-5404 Lisa Dresner 8-2691

FY19 Budget | Analyst Assignments

FY19 Budget | Analyst Assignments