A&BS is an umbrella organization for ten non-academic support units and is one of the largest F&B units, providing essential services to students, faculty, staff, and the public.
The office supports the Commonwealth campuses, working closely with the directors of business services at each campus, overseeing the handling, disbursing, receiving cash, and maintaining accounting records.
F&B at the Penn State Health Milton S. Hershey Medical Center and Penn State College of Medicine are responsible for providing financial, human, facilities planning and real estate services.
The Central Office provides administrative assistance to the Senior Vice President for Finance and Business/Treasurer. It supports F&B executives as they oversee mission-critical services offered to the University and its external customers.
Office of Budget and Finance
The Budget Office leads the University’s budget processes, including guiding academic and business units regarding their respective budgets and aggregating unit budgets into the University’s overall financial plan. The Finance Office is responsible for the accounting and reporting of the University’s financial resources.
The office offers change management consulting services, resources, and tools to leaders, managers, supervisors, and staff to help minimize stress and fatigue while increasing employee satisfaction, well-being, and a sense of purpose.
ODI spearheads the goals of Finance and Business' advancing diversity and inclusion strategic priority, serving as the starting point to provide resources, guidance, metrics, equity, and inclusion efforts for all employees within Finance and Business.
The Office of Internal Audit and its staff perform risk-based audits designed to independently review, test, and evaluate the University's financial, electronic, and operational controls. The office also provides consulting services to help assess new systems and processes.
OIM leads the stewardship of the University's investments to preserve and grow these assets for current and future generations, creating an opportunity for all students, faculty, and staff to realize their full potential.
Risk Management's mission is to provide excellent service which will enable the University-wide community to protect revenue and assets and to facilitate sound business judgments permitting the efficient use of resources to accomplish the goals of the University.
OPP is responsible for the stewardship of all Penn State's physical assets across the University. OPP handles facilities planning, design, construction, capital budget management, utility engineering, real estate, and environmental health and safety.
Procurement Services performs centralized procure-to-pay operations by providing sound strategic and best-value solutions to purchase goods and services that support the University. The supplier diversity program is managed through Procurement Services and is committed to advancing purchasing opportunities to local and national diverse suppliers.
URES is Penn State's representative for real estate services across the University, including all Commonwealth Campuses and various research locations. The office provides professional real estate assistance to Penn State campuses, units, and colleges.
UPPS is responsible for the protection of and service to its students, faculty, and staff. The department houses University Police, Behavioral Threat Management, Clery Compliance, Emergency Management, and Physical Security.
