Professional News

Finance and Administration Specialized Training (FAST) Launches Today

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LEXINGTON, Ky. (Feb. 8, 2022) — As part of its commitment to greater trust, transparency and accountability, the University of Kentucky’s Finance and Administration Specialized Training (FAST) is officially underway.

This initiative, launched today, will offer a broad set of courses across key areas of the university’s financial and business operations. Depending on an employee’s specific role, training may be mandatory or taken on a voluntary basis. The program will include the Office of Finance and Administration’s recently created Financial Foundations courses as a start, and those enrolled can select additional courses for training each year following.

Mandatory participants will complete four FAST web-based trainings (WBTs) each year. They will complete two courses over six-month intervals with compliance deadlines in June and December. The courses are available on myUK Learning at myuk.uky.edu and can be taken at the convenience of each employee.

“We must demonstrate to each other and all those we serve that we will be responsible stewards of the resources we generate and those with which we are entrusted,” said Penny Cox, university treasurer.  “This Finance and Administration Specialized Training initiative, with mandatory training for all business officers throughout our colleges and administrative units, demonstrates to our community that our financial operations are being administered in accordance with university policies and best practices.”

Employees who are required to take the training will be assigned by the FAST program team in partnership with supervisors across the institution. Compliance metrics will be tracked bi-annually through myUK Learning.

“As public servants, we must continue to strengthen our businesses operations and continue to improve every aspect of our work,” said Eric Monday, UK executive vice president for finance and administration.

The FAST initiative will equip employees with the tools they need to properly manage their resources. In doing so, the University of Kentucky will be able to better serve its people and the Commonwealth. Click here to visit the FAST website and learn more. 

The University of Kentucky is increasingly the first choice for students, faculty and staff to pursue their passions and their professional goals. In the last two years, Forbes has named UK among the best employers for diversity, and INSIGHT into Diversity recognized us as a Diversity Champion four years running. UK is ranked among the top 30 campuses in the nation for LGBTQ* inclusion and safety. UK has been judged a “Great College to Work for" three years in a row, and UK is among only 22 universities in the country on Forbes' list of "America's Best Employers."  We are ranked among the top 10 percent of public institutions for research expenditures — a tangible symbol of our breadth and depth as a university focused on discovery that changes lives and communities. And our patients know and appreciate the fact that UK HealthCare has been named the state’s top hospital for five straight years. Accolades and honors are great. But they are more important for what they represent: the idea that creating a community of belonging and commitment to excellence is how we honor our mission to be not simply the University of Kentucky, but the University for Kentucky.