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PSB Academy

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PSB Academy
Location
6 Raffles Boulevard, Marina Square, #03-200 Singapore 039594 and 11 Lorong 3 Toa Payoh, Jackson Square Blk A, #01-01 Singapore 319579
Information
School typePrivate
Established1964
School number6390 9000
CampusUrban
AccreditationEduTrust Singapore
Websitewww.psb-academy.edu.sg

PSB Academy offers Certificate, Diploma, Bachelor's and master's degree programmes in Singapore. PSB Academy is registered under the Committee for Private Education Singapore (CPE).[1]

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

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

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. ^ http://www.straitstimes.com/singapore/education/about-half-of-private-school-graduates-find-full-time-work-six-months-after
  8. ^ a b "Council for Private Education (CPE)". Archived from the original on 2016-10-20. Retrieved 2016-10-20.