PSB Academy is a private

educational institution An educational institution is a place where people of different ages gain an education, including preschools, childcare, primary-elementary schools, secondary-high schools, and universities. They provide a large variety of learning environments an ...

that offers Certificates, Diplomas, Bachelor's and master's degree programmes in

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, borde ...

. PSB Academy is registered under the

Committee for Private Education The Committee for Private Education (CPE) is an agency under the SkillsFuture Singapore (SSG) and was previously a statutory board under the Ministry of Education (MOE) of Singapore. The Singapore Workforce Development Agency and Council for Pri ...

(CPE). 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, with the aim of upgrading the knowledge and skills of the workforce. It was later corporatised in 2001 and privatised in 2006."PSB Academy acquired by specialist asset management firm ICG"
''Channel Newsasia'', 23 Jan 2018

Ownership

*2001 - 2006: Productivity and Standards Board/SPRING/NPB *2006 - 2013: TUV SUD *Jan 2013 - Jan 2018:

Baring Private Equity Asia BPEA EQT (formerly known as Baring Private Equity Asia and BPEA) is an Asian private equity firm. Previously it was an affiliate of Barings Bank before becoming an independent firm. In 2022 it was acquired by EQT Partners to act as its Asian inve ...

*Jan 2018–present: Intermediate Capital Group

Campuses

PSB Academy has two campuses in Singapore. The city campus is located at Marina Square, while the STEM campus is located at Jackson Square in Toa Payoh.

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 The National University of Singapore (NUS) is a national public research university in Singapore. Founded in 1905 as the Straits Settlements and Federated Malay States Government Medical School, NUS is the oldest autonomous university in the c ...

(NUS),

Nanyang Technological University The Nanyang Technological University (NTU) is a national research university in Singapore. It is the second oldest autonomous university in the country and is considered as one of the most prestigious universities in the world by various inte ...

(NTU) and

Singapore Management University The Singapore Management University (SMU) is a public autonomous university in Singapore. The university is the only city campus in Singapore. It ranks third in Asia as a specialist university, behind Hong Kong University of Science and Techn ...

(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.

Accreditations

* 4-year EduTrust * Council for Private Education

References

External links

Official website
{{Universities in Singapore Private universities in Singapore Educational institutions established in 1964 1964 establishments in Singapore