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PSB Acad is not PSB group, not owned by TUV SUD (more edits later)
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'''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).<ref name="PSB Academy">{{cite web|title=PSB Academy|url=https://www.cpe.gov.sg/cos/o.x?c=/qql/peis&ptid=62378&func=profile&pid=49|access-date=14 July 2017|language=en-us|date=14 July 2017|archive-url=https://web.archive.org/web/20171211105247/https://www.cpe.gov.sg/cos/o.x?c=%2Fqql%2Fpeis&ptid=62378&func=profile&pid=49|archive-date=11 December 2017|url-status=dead}}</ref>
'''PSB Academy''' is a [[Private university|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).<ref name="PSB Academy">{{cite web|title=PSB Academy|url=https://www.cpe.gov.sg/cos/o.x?c=/qql/peis&ptid=62378&func=profile&pid=49|access-date=14 July 2017|language=en-us|date=14 July 2017|archive-url=https://web.archive.org/web/20171211105247/https://www.cpe.gov.sg/cos/o.x?c=%2Fqql%2Fpeis&ptid=62378&func=profile&pid=49|archive-date=11 December 2017|url-status=dead}}</ref>


There are six schools in PSB Academy – 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.
There are six schools in PSB Academy – which include 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==
==History==
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It was later corporatised in 2001 and privatised in 2006.<ref name="channelnewsasia.com">[https://www.channelnewsasia.com/news/singapore/psb-academy-acquired-by-specialist-asset-management-firm-icg-9885984 "PSB Academy acquired by specialist asset management firm ICG"], ''Channel Newsasia'', 23 Jan 2018</ref>
It was later corporatised in 2001 and privatised in 2006.<ref name="channelnewsasia.com">[https://www.channelnewsasia.com/news/singapore/psb-academy-acquired-by-specialist-asset-management-firm-icg-9885984 "PSB Academy acquired by specialist asset management firm ICG"], ''Channel Newsasia'', 23 Jan 2018</ref>

The academy is the chair for the Singapore Association for Private Education (SAPE).<ref name=":0">{{Cite web |title=Singapore Business Awards 2019 |url=https://www.apac-insider.com/issues/singapore-business-2019/12/ |access-date=2023-04-19 |website=www.apac-insider.com}}</ref>


==Ownership==
==Ownership==


*2001 - 2006: Productivity and Standards Board/SPRING/NPB
*2001 - 2006: Productivity and Standards Board/SPRING/NPB
*2006 - 2013: TUV SUD
*2006 - 2013:
*Jan 2013 - Jan 2018: [[Baring Private Equity Asia]]<ref name="channelnewsasia.com"/>
*Jan 2013 - Jan 2018: [[Baring Private Equity Asia]]<ref name="channelnewsasia.com"/>
*Jan 2018–present: Intermediate Capital Group<ref>{{Cite news|url=https://www.channelnewsasia.com/news/singapore/psb-academy-acquired-by-specialist-asset-management-firm-icg-9885984|title=PSB Academy acquired by specialist asset management firm ICG|work=Channel NewsAsia|access-date=2018-03-14|language=en-US}}</ref>
*Jan 2018 - present: [[Intermediate Capital Group]]<ref>{{Cite news|url=https://www.channelnewsasia.com/news/singapore/psb-academy-acquired-by-specialist-asset-management-firm-icg-9885984|title=PSB Academy acquired by specialist asset management firm ICG|work=Channel NewsAsia|access-date=2018-03-14|language=en-US}}</ref>


==Campus==
==Campus==
PSB Academy has a City Campus located in Marina Square, Singapore<ref>[http://www.straitstimes.com/singapore/education/psb-academy-to-open-new-15-million-campus-in-marina-square "PSB Academy to open new $15 million campus in Marina Square"], ''The Straits Times'', 14 Jul 2016</ref>. In November 2022, PSB Academy launched STEM Wing, as part of the expansion of City Campus.<ref>[https://sg.finance.yahoo.com/news/psb-academy-expands-city-campus-010000422.html "PSB Academy expands its City Campus with S$10 million high-tech STEM Wing"], ''Yahoo Finance'', 29 Jul 2022</ref>
PSB Academy has a City Campus located in Marina Square, Singapore<ref>[http://www.straitstimes.com/singapore/education/psb-academy-to-open-new-15-million-campus-in-marina-square "PSB Academy to open new $15 million campus in Marina Square"], ''The Straits Times'', 14 Jul 2016</ref>.
In November 2022, PSB Academy launched the STEM Wing at Jackson Square, Toa Payoh, as part of the $10 million expansion of the City Campus, which is now referred to as the Main Wing.<ref>[https://sg.finance.yahoo.com/news/psb-academy-expands-city-campus-010000422.html "PSB Academy expands its City Campus with S$10 million high-tech STEM Wing"], ''Yahoo Finance'', 29 Jul 2022</ref> The institution now spans 100,000 square feet.


==Graduate employment==
==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 whose full-time employment rate was 64%. The response rate to the survey was 21%.
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 autonomous universities - [[National University of Singapore]] (NUS), [[Nanyang Technological University]] (NTU) and [[Singapore Management University]] (SMU). This result is lower than post-[[National service in Singapore|national service]] (NS) polytechnic graduates whose full-time employment rate was 64%.


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.<ref>{{Cite news|url=http://www.straitstimes.com/singapore/education/about-half-of-private-school-graduates-find-full-time-work-six-months-after|title=47% of private students find full-time work 6 months after graduation, compared with 78% for public university grads|newspaper=The Straits Times|date=3 April 2018|last1=Teng|first1=Amelia}}</ref>
The survey 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. The response rate to the survey was 21%.<ref>{{Cite news|url=http://www.straitstimes.com/singapore/education/about-half-of-private-school-graduates-find-full-time-work-six-months-after|title=47% of private students find full-time work 6 months after graduation, compared with 78% for public university grads|newspaper=The Straits Times|date=3 April 2018|last1=Teng|first1=Amelia}}</ref>


==Accreditations==
==Accreditations==
* 4-year EduTrust<ref name="cpe.g">{{cite web|url=https://www.cpe.gov.sg/|title=Council for Private Education (CPE)|access-date=2016-10-20|url-status=dead|archive-url=https://web.archive.org/web/20161020173845/https://www.cpe.gov.sg/|archive-date=2016-10-20}}</ref>
* 4-year EduTrust<ref name="cpe.g">{{cite web|url=https://www.cpe.gov.sg/|title=Council for Private Education (CPE)|access-date=2016-10-20|url-status=dead|archive-url=https://web.archive.org/web/20161020173845/https://www.cpe.gov.sg/|archive-date=2016-10-20}}</ref>
* 2017 SBR National Business Award in Education
* Council for Private Education<ref name="cpe.g"/>
* 2018 SBR National Business Award in Education
* 2017 Best Educational Institute - Singapore, by [[Apac Insider|APAC Insider]]<ref name=":0" />


== References ==
== References ==

Revision as of 04:07, 19 April 2023

PSB Academy
TypePrivate
Established1964; 60 years ago (1964)
AccreditationEduTrust Singapore
Campus
  • PSB Academy City Campus
  • PSB Academy STEM Campus
Websitewww.psb-academy.edu.sg

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 – which include 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

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]

The academy is the chair for the Singapore Association for Private Education (SAPE).[4]

Ownership

Campus

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 $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

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 autonomous 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 $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

  • 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

  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. ^ a b "Singapore Business Awards 2019". www.apac-insider.com. Retrieved 2023-04-19.
  5. ^ "PSB Academy acquired by specialist asset management firm ICG". Channel NewsAsia. Retrieved 2018-03-14.
  6. ^ "PSB Academy to open new $15 million campus in Marina Square", The Straits Times, 14 Jul 2016
  7. ^ "PSB Academy expands its City Campus with S$10 million high-tech STEM Wing", Yahoo Finance, 29 Jul 2022
  8. ^ 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.
  9. ^ "Council for Private Education (CPE)". Archived from the original on 2016-10-20. Retrieved 2016-10-20.
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