About the Committee
The Finance Committee is responsible for financial planning, budget oversight, and ensuring the fiscal health of MIT University Sikkim. The committee reviews all major financial decisions and ensures transparency in financial operations.
Key Responsibilities
Annual budget preparation and approval
Financial policy formulation and review
Expenditure monitoring and control
Fee structure determination and revision
Investment planning and management
Financial audit coordination
Resource allocation for academic and infrastructure development
Meeting Schedule
The Finance Committee meets monthly to review financial reports, approve expenditures, and discuss budget allocations. Special meetings are called as needed for urgent financial matters.