Board of the Ä¢¹½Ö±²¥ approves 2024 financial statements and updated Ä¢¹½Ö±²¥ Regulations
The press release on the financial statements and annual report can be viewed in university website.
The Board discussed the financial results for the current year, which show a surplus of about 0.3 million euros and are higher than the budgeted level for the two-month period. As a consequence of the controlled financial adjustments, the operating deficit has decreased from the previous year’s corresponding period. The turnover continues to increase more than the increase in expenses.
On 17 March 2025, the Jyväskylä City Council approved a letter of intent to launch a study on expanding the ownership of Jamk University of Applied Sciences. The decisions on possible changes in ownership arrangements will be made by the end of 2025 on the basis of the study.
At their meeting, the Board discussed the draft outline of the plan to be submitted to the Ministry of Education and Culture and its main themes, as well as the guidelines for the upcoming shareholders’ agreement negotiations.
The Board approved the updates to the Ä¢¹½Ö±²¥ Regulations, which will take effect on 1 January 2026. Several changes have been implemented which will, among other things, make the role of vice deans more unified in the management system, change the decision-making powers related to the doctoral dissertation process, clarify the role and responsibilities of the University’s supervisory staff, and promote participation opportunities for the international members in our community. The updated regulations, with the clarifications made at the meeting, can be viewed in University website (in Finnish).
During the autumn semester of 2025, elections will be held for the University Board, University Collegium and Faculty Councils. The Board discussed the need to update the election regulations, which will be decided on at the Board’s meeting in June at the latest.
The Board noted the report it has received on the future development of the Teacher Training School. The Ä¢¹½Ö±²¥ has proposed to the City of Jyväskylä that in the near future the City could assign pupils to the primary school of the Teacher Training School in such a way that the number of classes would increase from the current number to four parallel classes. The University has also called for a moderate increase in the size of the upper secondary school, so that each year would have six classes. The Ä¢¹½Ö±²¥ is also prepared to negotiate a higher number of pupils at the Teacher Training School than mentioned above if it is appropriate from the perspective of the City’s school network. However, the proposal to increase the number of pupils at the Teacher Training School requires a more detailed study. The results of the study will be presented as part of the 2025 service network plan for early childhood and comprehensive school education.
The Board of the Ä¢¹½Ö±²¥ authorised the Rector to sign the invitation to tender for the facility changes of the 3rd and 4th floors of the Agora B block and to take any necessary interim decisions on the procurement. The final decision on the selection of the contractor will be submitted to the Board for a separate decision. The facility changes are scheduled to begin in the summer of 2025 and be completed by the end of 2026 at the latest. Building D in Mattilanniemi will be given up so that the Department of Mathematics and Statistics will be able to move into the renovated premises. The cost estimate for the facility changes is 3.8 to 4.5 million euros.
The Board received the company reports given by the representatives of the group companies. In addition, the Board noted the internal audit report of 2024 and approved the internal audit annual plan for 2025. The Board updated the investment plan for 2025 by adding discretionary portfolio bidding and authorised the Rector to make the decisions required by the changes.
