Presentation of the Administrative and Financial Vicerrector's Office
Financial management and sustainability in the context of the University of La Guajira, is interpreted as the support to all the intentions and realities of institutional growth and development in academic terms and the permanence of the university in the higher education market. In this sense, the financing structure of the University will be based on the contributions of the nation state, the department and the strengthening of the capacity to generate its own income; these sources should generate sufficient flows to obtain the resources for the operation and investment required by the university to project itself as an inclusive, quality, internationalized, committed to its environment, research and sustainable university.
In this sense, financial management and sustainability will focus on nationalization as a strategy to guarantee the amount, the adequate and timely flows to meet the needs of the institution; resources that will be complemented with its own income from the sale of services, academic offerings, products and services derived from research, advisory and consulting services.
For a good management of financial, administrative and infrastructure sustainability, it will modernize its working capital management processes, of the installed capacity of its facilities, properties, machinery, equipment, furniture and real estate, it will combine the different sources of financing seeking the lowest weighted cost of financing capital, as a mechanism to achieve social profitability and academic development with quality. Likewise, it will modernize the administrative and financial management processes, seeking their speed and effectiveness by using technological innovation.
