There are six schools in PSB Academy, the 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 the 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]
It was corporatised in 2001 and privatised in 2006.[3]
The academy is the chair for the Singapore Association for Private Education (SAPE).[4]
Ownership
2001 - 2006: Productivity and Standards Board/SPRING/NPB
PSB Academy has a City Campus located in Marina Square, Singapore.[6]
In November 2022, PSB Academy launched the STEM Wing at Jackson Square, Toa Payoh, as part of the S$10 million expansion of the City Campus, which is now referred to as the Main Wing.[7] The institution now spans 100,000 square feet.
Graduate employment
In a 2018 survey conducted by Committee for Private Education on employment outcomes, PSB Academy graduates achieved a 45.3% full-time employment rate, in comparison with 78.4% for their peers from three publicly-funded universities, National University of Singapore (NUS), Nanyang Technological University (NTU) and Singapore Management University (SMU). This result is lower than post-national service (NS) polytechnic graduates whose full-time employment rate was 64%.
The survey also revealed that PSB Academy graduates earned median gross starting salaries of S$2,500 a month, while NUS, NTU and SMU graduates earned $3,400. Post-NS polytechnic graduates earned $2,480 a month. The response rate to the survey was 21%.[8]
