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Financial Planning & Analysis

Budgeting and Forecasting Schedule

Q2 Forecast – Projection for the current fiscal year, comprised of 5 months of actuals and 7 months of forecast. Submitted by YSM Departments to FP&A in December. Submitted to Yale University in January.


Budget – Projection for the following fiscal year. Submitted by YSM Departments to FP&A in February. Submitted to Yale University in March. The Yale Corporation usually meets in April to review and approve the Budget.

Both the Q2 Forecast and Budget are created in the Yale Budget Tool (YBT), which is accessed via It’s Your Yale at https://your.yale.edu/


Long Range Plan – University-wide 10 year planning model developed by each Planning Unit (school). These models are summarized and presented to the Yale Corporation in December.


Other FP&A Responsibilities

GA Allocation models

Academic Program Support

Grant & Contract reporting

Ongoing financial review

YBT reporting

YBT training

Faculty RFP approval

Ad hoc financial analysis

Contact Information

Andy Pels
Director
Phone: (203) 737-2264

Melissa Carta
Associate Director
Phone: (203) 785-7459

Trinity Kiley
Financial Analyst
Phone: (203) 785-3514

Matthew Reyna
Financial Analyst
Phone: (203) 785-4143