Aston University KPI

Aston University

Aston University KPI

As a chartered corporation, operating under the terms of a Royal Charter granted in 1966, the University enjoys substantial authority to determine and direct its own affairs, and, in particular, has the freedom to determine the scope of its teaching and research activity.

Two main bodies are involved in the governance of the University: the Council and the Senate. The constitution and terms of reference of the Council are set out in the University Statutes and while those of the Senate are contained in the University Ordinances. The day-to-day management of the University is the responsibility of the Vice-Chancellor assisted by the Executive Team.

The Council and Senate have undertaken reviews of the University committee structure in recent years with a view to expediting and streamlining the decision-making process and aligning it more closely to the University Strategy (‘Aston 2020’), eliminating the former replication of consideration of issues in different committees and optimising the use of the time spent by colleagues in committee work. The Committee System aims to balance the need for managerial accountability and effective and efficient governance and management with the requirement to maintain the democratic procedures for representation of views set out in the University’s Charter and Statutes. The University’s current committee system is set out below.

COUNCIL AND ITS SUB-COMMITTEES

Council

The governing body of the University, overseeing institutional activities. More specifically, this includes approving the University Strategy, long-term business plans, high-level Key Performance Indicators (KPIs) and annual budgets, and ensuring that these meet the needs of stakeholders. The Council also ensures compliance with the Statutes, Ordinances and provisions regulating the University, as well as its framework of governance, and monitors systems of control and accountability, including financial and operational controls and risk assessment.

Audit Committee

Oversees the arrangements for monitoring and review of internal control systems, internal and external audit, the appointment of auditors, and the arrangements of the University for securing economy, University policy on fraud and irregularity, efficiency and effectiveness. It is also responsible, under delegation from the Council, for examining the University’s risk management control (risk management itself being properly a responsibility of the Executive).