PSB Academy

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PSB Academy
Information
School typePrivate
Established1964; 58 years ago (1964)
Campus
  • PSB Academy City Campus
  • PSB Academy STEM Campus
AccreditationEduTrust Singapore
Websitewww.psb-academy.edu.sg

PSB Academy is a private educational institution that offers Certificates, Diplomas, Bachelor's and Master's degree programmes in Singapore. PSB Academy is registered under the Committee for Private Education (CPE).[1]

There is six schools – which include 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 Digital Academy.

History[]

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] with the aim of upgrading the knowledge and skills of the workforce.

It was later corporatised in 2001 and privatised in 2006.[3]

Ownership[]

  • 2001 - 2006: Productivity and Standards Board/SPRING/NPB
  • 2006 - 2013: TUV SUD
  • Jan 2013 - Jan 2018: Baring Private Equity Asia[3]
  • Jan 2018 - present: Intermediate Capital Group[4]

Campuses[]

PSB Academy has two campuses in Singapore. The city campus is located at Marina Square,[5] while the STEM campus is located at Jackson Square in Toa Payoh.[6]

Graduate employment[]

In a survey conducted by Committee for Private Education on employment outcomes of 2018, graduates of PSB Academy achieved a 45.3% full-time employment rate in comparison with 78.4% for their peers from three autonomous universities - the National University of Singapore (NUS), Nanyang Technological University (NTU) and Singapore Management University (SMU). This result is lower than post-national service polytechnic graduates who's full-time employment rate was 64%. The response rate to the survey was 21%.

It also revealed that PSB Academy graduates earned median gross starting salaries of $2,500 a month, while NUS, NTU and SMU graduates earned $3,400. Post-NS polytechnic graduates earned $2,480 a month.[7]

Accreditations[]

  • 4-year EduTrust[8]
  • Council for Private Education[8]

References[]

  1. ^ "PSB Academy". 14 July 2017. Archived from the original on 11 December 2017. Retrieved 14 July 2017.
  2. ^ "Asia's Future Academy in the Heart of Singapore". PSB Academy. Archived from the original on 2018-04-04. Retrieved 2018-03-14.
  3. ^ a b "PSB Academy acquired by specialist asset management firm ICG", Channel Newsasia, 23 Jan 2018
  4. ^ "PSB Academy acquired by specialist asset management firm ICG". Channel NewsAsia. Retrieved 2018-03-14.
  5. ^ "PSB Academy to open new $15 million campus in Marina Square", The Straits Times, 14 Jul 2016
  6. ^ "PSB Academy commemorates move from Delta Campus with Charity Event", AsiaOne, 24 Mar 2018
  7. ^ 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.
  8. ^ a b "Council for Private Education (CPE)". Archived from the original on 2016-10-20. Retrieved 2016-10-20.

External links[]

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