PSB Academy

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]

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

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