The Rectorate of Graz University of Technology, according to the Universities act 2002, is a collegial-based body, deciding by simple majority. Its function is the leadership of Graz University of Technology, concerted with Senate and University-Council. Its current four-year mandate started on the 1st of October 2011. The Rectorate is constituted of the Rector (chairman) and four Vice Rectors: Vice Rector for Human Resources and Portfolio Management (first deputy), Vice Rector for Academic Affairs (second deputy), Vice Rector for Research (third deputy), and the Vice Rector for Finance and Infrastructure (fourth deputy).