The highest collective decision-making body is the institutional board. It is elected for a term of three years and is composed of members who have a permanent appointment of at least fifty percent. The main executive function of the Board is to adopt the budget, financial statements and business plan. In addition, the Board decides on guidelines for the organization of teaching and examination, and establishes and revises course syllabi. The Department Board also discusses and prepares decisions that the Head of Department is formally required to make, as well as decisions made by the Faculty Board after obtaining proposals from the department. Examples of such issues are guidelines for activities, measures in response to audits and evaluations, internal organization and initiation of recruitment to teaching positions. The scope of the assignment is estimated at 1-2 hours for preparation per meeting, plus a meeting of 1.5 hours.