CRUCH discusses with Minister Beyer his displeasure with the universities' financial reporting

11/09/2012
  • Start
  • News
  • CRUCH discusses with Minister Beyer his displeasure with the universities' financial reporting
Share

The Executive Committee of the Council of Rectors was received by the Minister of Education Harald Beyer in order to express their displeasure with the way in which the Report of the Financial Statements of the universities was presented to the public and also to learn firsthand the critical position on the ranking that the MINEDUC has had in recent weeks, made explicit extensively through the media.

“We agreed with the Minister that while we have different methodologies, all of them allow for exceptional cases and situations. The Ministry maintains its criticism of the method we proposed, which will be applied because it was approved by the CRUCH (Council of Rectors of Chilean Universities). We believe it contributes to greater equity, although the Ministry of Education insists that there are other, better methodologies. Ultimately, the issue remains as it stands; the Council of Rectors approved the Grade Ranking system, and it will be implemented. Yesterday, the universities submitted their weightings for the various PSU (University Selection Test), NEM (National High School Grade Point Average), and Ranking tests,” stated Juan Manuel Zolezzi, Executive Vice President of the CRUCh, at the end of the meeting.

Regarding the issue of disseminating university financial statements to the public, the matter for which the rectors had requested the meeting, the rectors expressed their concern about the construction of the indicators used to prepare these reports and explained that the type of related companies that CRUCH universities have are very different from the type of companies that have been presented as for-profit universities.

Sergio Lavanchy, rector of the University of Concepción and alternate vice president of CRUCH, expressed his satisfaction after the meeting, as it became clear that the way information is delivered needs improvement, since it is unheard of to put real estate companies on the same level as cultural corporations, as happened with his university.