Ongoing transformations of the university--from changing working conditions to issues of affordability and access, increasing "accountability" measures and commodification of academic production--are increasingly referred to as university corporatisation and are unfolding within and concomitant to neoliberal globalisation. In this paper we outline some of these processes as they are occurring at the University of Massachusetts Amherst and explore the limitations and possibilities of a critical response mounted by a number of students and faculty in the Department of Anthropology. Drawing on ethnographic data and interviews with group participants, as well as our own experiences with the group, we describe and assess this project as a means to investigate and respond to neoliberal governance. Through this analysis we problematise conventional discourses and imaginings of university corporatisation and neoliberalism and explore the sometimes contradictory subject positions that complicate our efforts to respond critically to university corporatisation. (Contains 6 notes.)