STI College
STI College, formerly known as Systems Technology Institute, is the largest network of for-profit information technology based colleges in the Philippines. This private college system offers a curriculum including accountancy and business administration, and computer science. The acronym STI has been declared as an orphan initialism after their name change in 2006.
Kolehiyong STI | |
STI College | |
Motto |
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Type | Private, for-profit studies (PSE: STI) |
Established | August 21, 1983 |
Founder | Augusto C. Lagman Herman T. Gamboa Benjamin A. Santos Edgar H. Sarte |
Chairman | Eusebio H. Tanco [1] |
President | Monico V. Jacob (also Chief Executive Officer)[2] |
Students | 62,500 nationwide |
Undergraduates | 13,200 a year |
Location | STI Academic Center, Ortigas Avenue Extension, Cainta, Rizal, Philippines |
Campus | Multiple campuses nationwide |
Colors | Yellow, blue & white |
Mascot | Globe |
Website | www |
STI uses a trimester calendar as opposed to the typical semester collegiate education program mostly used by Philippine universities. It has branches all over the Philippines and claims to be the second largest IT-based educational institution in Asia.[3]
Ownership
STI College is wholly owned by the STI Education Services Group, Inc. (STI ESG), a subsidiary of the STI Education Systems Holdings, Inc. of Dr. Eusebio "Yosi" H. Tanco, PhD. The STI Education Systems Holdings, Inc. is the holding company within the Tanco Group that drives investment in its education business.
Tanco also serves as the majority and principal owner of the STI Investments, Inc., another subsidiary of the STI Education Systems Holdings, Inc.[4]
History
STI was a former computer center organized in 1983, when entrepreneurs Augusto C. Lagman, Herman T. Gamboa, Benjamin A. Santos and Edgar H. Sarte set up the Systems Technology Institute to train people in programming and IT. At first there were two schools, and then it grew to more than 70. The school was then purchased by Eusebio H. Tanco.
In 2006, the acronym of STI no longer stands as Systems Technology Institute as it offers not just only Technology and Science courses, but also Health, Arts, Management, Businesses, Hospitality, and Culinary, albeit up to the present time though, IT and CS courses are still the largest population in the institution. The initials STI therefore has been orphaned and becomes a pseudo-acronym.
In 2002, STI obtained a majority share in De los Santos College to create the De Los Santos – STI College of Health Professions. In 2006, STI acquired a stake in the De Los Santos Medical Center, and was renamed to De Los Santos – STI Medical Center. The De Los Santos – STI College was later closed down and the De Los Santos – STI Medical Center reverted to their old name De Los Santos Medical Center when it was taken over by the Metro Pacific Hospital Holdings, Inc.[5]
On October 2013, STI Health Professionals, Inc., a subsidiary of STI Education Systems Holdings, Inc. and operator of De Los Santos – STI College, purchased Makati Medical Center College from Medical Doctors, Inc. through its sister school PWU. PWU was in a joint venture arrangement with STI at the time. That arrangement has since ended and PWU has sold Makati Medical Center College (now Medici Di Makati College).
STI College programs include information and communications technology, engineering, health care, accountancy, business & management, hospitality and tourism management.[6]
Other branches/campuses
Some of STI's campuses nationwide uses various STI brand names. Student population mainly determine the longevity of the campuses. The Group (STI ESG, Inc.) also owns and operates one non-STI branded college and manages one acquired university.
Other higher education institutions owned by STI
- iAcademy
- STI West Negros University (STI WNU)
See also
- List of universities and colleges in the Philippines
- Academia Education Systems Holdings, Inc. (stylized as academia) registered on the Philippine Stock Exchange
Other higher education institutions in the Philippines of similar type:
References
- "Company Overview of Asian Terminals Inc. – Executive Profile: Eusebio H. Tanco Ph.D."
- "Company Overview of STI Education Systems Holdings, Inc. – Executive Profile: Monico V. Jacob".
- http://www.sti.edu. "STI Colleges and Education Centers". Sti.edu. Retrieved 2013-09-14.
- "Company Overview of STI Investments Inc".
- "STI, De los Santos hospital merge". Archived from the original on 2007-11-09. Retrieved 2008-03-29.
- http://www.sti.edu. "STI Colleges and Education Centers - Education for Real Life". Sti.edu. Retrieved 2013-09-14.