Welcome to the Office of Business and Finance
The Office of Business and Finance is focused on operational excellence and resource stewardship, the pillar of Ohio State's strategic plan that provides the financial support for our ambitions as a national flagship public research university. We work to protect and grow the resources available to invest in teaching, learning, research and patient care. Have questions or comments about our new website? Please contact us
Business and Finance News
Michael Papadakis has been named Ohio State’s senior vice president of business and finance and chief financial officer, pending board approval this week.
Papadakis has served as interim senior vice president and CFO for the past year. He has been the university’s vice president and treasurer since 2011.
“Mike has been integral to the university’s financial strength and stability over the past few years,” said President Michael V. Drake. “As CFO, Mike’s primary focus will be on operational excellence and resource stewardship to fuel our academic mission.”
Ohio State used efficiencies, new resources and other initiatives to generate $47.6 million in direct benefits to our students in fiscal 2018, according to the university's progress report on the recommendations of the Ohio Task Force on Affordability and Efficiency in Higher Education.
The task force issued recommendations in 2015 on topics ranging from operational excellence to textbook affordability
Well before 2020, Ohio State has already exceeded the university’s five-year goals for increased student financial aid and new resources generated through innovative partnerships. In addition, the university is on pace to surpass its efficiency goal by fiscal 2020.
Operational excellence and resource stewardship is a key element of the university’s Time and Change strategic plan.