PSB Academy
| Type | Private |
|---|---|
| Established | 1964 |
| Accreditation | EduTrust Singapore |
| Campus |
|
| Website | www |
PSB Academy is a private educational institution (PEI) that offers certificates, diplomas, bachelor's and master's degree programmes in Singapore. It is registered under the Committee for Private Education (CPE).[1]
There are six schools in PSB Academy, the School of Foundation Studies, School of Business and Management, School of Engineering and Technology, School of Life and Physical Science, School of Postgraduate Studies, and the Digital Academy.
History
[edit]Once a division of Singapore's National Productivity Board (NPB), the Management Services Supervisory Development division was formalised into a full-fledged institution, the Institute for Productivity Training (IPT). in 1988.[2] It was corporatised in 2001 and privatised in 2006.[3]
The academy is the chair for the Singapore Association for Private Education (SAPE).[4]
Ownership
[edit]- 2001 - 2006: Productivity and Standards Board/SPRING/NPB
- 2006 - 2013:
- Jan 2013 - Jan 2018: Baring Private Equity Asia[3]
- Jan 2018 - present: Intermediate Capital Group[5]
Campus
[edit]PSB Academy has a City Campus located in Marina Square, Singapore.[6]
In November 2022, PSB Academy launched the STEM Wing at Jackson Square, Toa Payoh, as part of the S$10 million expansion of the City Campus, which is now referred to as the Main Wing.[7] The institution now spans 100,000 square feet.
Graduate employment
[edit]In a 2018 survey conducted by Committee for Private Education on employment outcomes, PSB Academy graduates achieved a 45.3% full-time employment rate, in comparison with 78.4% for their peers from three publicly-funded universities, National University of Singapore (NUS), Nanyang Technological University (NTU) and Singapore Management University (SMU). This result is lower than post-national service (NS) polytechnic graduates whose full-time employment rate was 64%.
The survey also revealed that PSB Academy graduates earned median gross starting salaries of S$2,500 a month, while NUS, NTU and SMU graduates earned $3,400. Post-NS polytechnic graduates earned $2,480 a month. The response rate to the survey was 21%.[8]
Accreditations
[edit]- 4-year EduTrust[9]
- 2017 SBR National Business Award in Education
- 2018 SBR National Business Award in Education
- 2017 Best Educational Institute - Singapore, by APAC Insider[4]
References
[edit]- ^ "PSB Academy". 14 July 2017. Archived from the original on 11 December 2017. Retrieved 14 July 2017.
- ^ "Asia's Future Academy in the Heart of Singapore". PSB Academy. Archived from the original on 4 April 2018. Retrieved 14 March 2018.
- ^ a b "PSB Academy acquired by specialist asset management firm ICG", Channel Newsasia, 23 January 2018
- ^ a b "Singapore Business Awards 2019". www.apac-insider.com. Retrieved 19 April 2023.
- ^ "PSB Academy acquired by specialist asset management firm ICG". Channel NewsAsia. Retrieved 14 March 2018.
- ^ "PSB Academy to open new $15 million campus in Marina Square", The Straits Times, 14 July 2016
- ^ "PSB Academy expands its City Campus with S$10 million high-tech STEM Wing", Yahoo Finance, 29 July 2022
- ^ Teng, Amelia (3 April 2018). "47% of private students find full-time work 6 months after graduation, compared with 78% for public university grads". The Straits Times.
- ^ "Council for Private Education (CPE)". Archived from the original on 20 October 2016. Retrieved 20 October 2016.
