The nine divisions of the VPFO are responsible for the stewardship of UBC’s physical and financial assets, as well as safety and risk management for our university community. We oversee a $3.98 billion budget, a $3.38 billion endowment, and all facilities on both campuses, as well as managing the university’s relationships with UBC Investment Management and UBC Properties Trust. In all the portfolio’s responsibilities, we are committed to the values of innovation, unity and accountability.
News From the VPFO
May 15, 2025
Buchanan Block C Elevator Modernization begins June 23
The project is estimated to be complete by the end of August 2025. There will be no access to this elevator for the duration of construction. Please use the stairs on the north or south end of Buchanan Block C to access floors 2-4 or the elevator in Buchanan Block D to access floors 1-2.
Manage risk and overcome challenges with support from Enterprise Risk & Assurance
May is International Internal Audit Awareness Month! At UBC, the ERA team provides independent, risk-based and objective audit and advisory services. Whether you’re launching a new project, looking to improve a critical process, or implementing a change, ERA can help you anticipate and identify risks and opportunities early, build proper governance, risk and control practices, and avoid strategic, financial, and operational challenges.
Moody’s affirms UBC’s Aa1 rating and S&P lowers its rating to A+ due to provincial credit link
UBC maintains credit ratings with two different rating agencies, Moody’s Investors Service (commonly referred to as “Moody’s”) and S&P Global Ratings (“S&P”). Each year Moody’s and S&P meet separately with UBC to assess the factors influencing the university’s credit rating.
New unreconciled credit card transactions dashboard
Monitor unreconciled credit card transactions across your faculty or administrative unit with our new Power BI dashboard, updated daily.
Considering buying from Indigenous businesses?
UBC faculty and staff can purchase from Indigenous businesses easily and efficiently to help achieve goals laid out in UBC’s Indigenous Strategic Plan. Learn more.