Budget and Finance Excellence is the overarching framework guiding the efforts to align financial resources with Rice’s mission, drive data-supported decision-making, provide customer-centric financial services, and spur innovation. Currently in progress are several specific initiatives:

Budget Transformation Initiative

This initiative, part of the Operations, Finance, & Support division's strategic efforts at Rice University, aligns its budget with its core values and strategic goals. This initiative focuses on creating a transparent budget model that promotes understanding and growth across various schools and administrative units.

Research Administration Initiative

The Research Administration Initiative at Rice University streamlines organizational structures and creates standard resources, service levels, and comprehensive training for research administrators. This effort enhances faculty research by detailing roles, responsibilities, and the implementation of training programs to ensure effective realignment and service commitment tracking.