Finance is the life and blood for any organisation. The success, failure and future of any organisation depend to a large extent on its ability to make adequate finance available in a timely manner and also its ability to generate surplus over a period of time. This assumes greater significance for an educational institution operating in the private sector.
There is a sound procedure for Financial Management at DU. DU is well supported and guided in this respect by its Board of Directors (BOD). The BOD meets regularly (every quarter) and monitors the actual spending with the budgeted figures.
DU also has a comprehensive set of policies and procedures for safeguarding the funds of the University given in the DU Financial Bylaws. The persons responsible for planning, supervising, and controlling the financial operations of the University are the Vice Chancellor (VC) and the Director of Financial Affairs (DFA).