Harvard University

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The expression every tub on its own bottom is often used to describe the decentralized organization and financial arrangement of the 9 faculties overseeing Harvards 12 schools and colleges. Each faculty is headed by a Dean, who is appointed by the President, and each is directly responsible for its own finances and organization. In addition to the nine faculties, Harvard is also home to the new Radcliffe Institute for Advanced Study, a major research and educational center where men and women pursue advanced work in all fields and disciplines. The University Administration supports the activities of the faculties and other operations on a University-wide basis. 1) Faculty of Arts and Sciences (FAS) Humanities, natural sciences, computer sciences, and social sciences includes: Harvard College Division of Engineering and Applied Sciences Graduate School of Arts and Sciences Division of Continuing Education 2) Faculty of Medicine includes: Medical School School of Dental Medicine 3) Graduate School of Business Administration 4) Graduate School of Design Education, educational practice, human development 7) John F. Kennedy School of Government Public policy and administration, political economy 8) Law School Constitutional, criminal, and international law; corporate finance 9) School of Public Health Public health policy, epidemiology, nutrition, international health Also at Harvard University there is a interdisciplinary center for scholarship and learning-The Radcliffe Institute for Advanced Study.
Governance of the University The University has two governing boards. The Harvard Corporation - known formally as the President and Fellows of Harvard College - is the Universitys executive board. The oldest corporation in the Western Hemisphere, the seven-member board is responsible for the day-to-day management of the Universitys finances and business affairs. The Corporation members are Lawrence H. Summers, President; D. Ronald Daniel, University Treasurer, and Director, McKinsey & Co.; Hanna Holborn Gray, President Emerita and Harry Pratt Judson Distinguished Service Professor of History, The University of Chicago; Conrad K. Harper, Partner, Simpson Thacher & Bartlett; James R. Houghton, Chairman of the Board Emeritus, Corning Inc.; Robert G. Stone Jr., Chairman Emeritus/Director, Kirby Corp.; and Herbert S. Winokur Jr., Chairman and Chief Executive Officer, Capricorn Holdings Inc. Significant matters of educational and institutional policy are also brought before the President and Fellows by the President and Deans. The Board of Overseers consists of 30 members who are elected at large by graduates of Harvard and Radcliffe. Through its Standing and Visiting Committees, the Board is informed about educational policies and practices of the University and provides advice to, and approves important actions of, the Corporation. Both the Corporation and Overseers must approve major ...

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