Berklee College of Music

Richard M. HiseySenior Vice President of Administration & Finance

Chief Financial OfficerApril 30, 2018

CONFIDENTIAL – Not for Redistribution

CONFIDENTIAL – not for redistribution 2

Berklee Facts and Figures

6,700+Students

1,100Online Students

480Graduate Students

4Locations: Boston,

Valencia, NYC, and Online

Teens to 80’s

Expanding demographic

283Grammy Awards

received by Alumni

Berklee students come from

97countries

MUSIC DANCE THEATER

Merger with The Boston ConservatoryKey Building Blocks

CONFIDENTIAL – not for redistribution 3

Global Leadership in the Performing ArtsShared Strategic Vision

o Students, Faculty, Staff, Alumni, Parents, Donorso Combining complementary missions

Competitive Positioning

o Define Target Audienceo SWOT Analysis

Opportunity Assessment

o Academic, including delivery methods (online, on-campus)o Financialo Other (facilities, fundraising, recruiting, etc.)

Merger with The Boston ConservatoryKey Building Blocks

CONFIDENTIAL – not for redistribution 4

Desired Outcomes

o Joint strategic plan and prioritieso Supporting organization structureo Supporting financial plan and projection

Promises Made, Promises kept

o Post-merger governance structureo Compliance reportingo Ongoing strategic and financial reviews

Culture is Critical

o Understand what should be preserved; what should changeo Vision and mission statements should reflect vital cultural

characteristics