PSB Academy

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]

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

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. "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. "Council for Private Education (CPE)". Archived from the original on 2016-10-20. Retrieved 2016-10-20.
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