Skip to content
Who's in the Video
Dr. Amy Gutmann became the eighth president of the University of Pennsylvania on July 1, 2004. In her inaugural address, Gutmann launched the Penn Compact, her vision for making Penn[…]

A woman president faces all the challenges a man would.

Amy Gutmann:  As a president? Education is not a business. It’s a profession. It’s a calling. But I have to be very savvy as a businesswoman in running an institution who’s budget is 4.4 billion dollars a year, and whose endowment is now over six billion dollars a year. It’s the means to which the end of great education is directed. So I spend a good deal of my time and some of my concern making sure our health system is doing well financially. And I’m happy to say it’s doing fabulously well financially. And I don’t see it as a tradeoff between business and education. To put it very simply, business is a means to pursuing great ends.