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As one of Singapore’s leading private education institutions with almost 60-years heritage of producing more than 200,000 learners, PSB Academy is committed to defining our identity as “Asia’s Future Academy”. Established in 1964, we started under Singapore’s Economic Development Board and later Productivity and Standards Board to upgrade the knowledge and skills of Singapore’s workforce. With an approach to education that focuses on what really matters: performance in the New Economy, PSB Academy provides quality education to shape and nurture future-ready graduates with the necessary skills and tools to stay relevant in a digitally-driven economy.
Our newly launched STEM Wing – an expansion of our City Campus, is an innovation hot house equipped with high-tech and industry approved labs and facilities, aimed to bolster STEM education for students. Our learning spaces in the heart of the city connect students globally through a collaborative learning and networking environment that enables them to be agile innovators and contributors to society.
With a strong network of industry partners to prepare our students for the workforce, PSB Academy today hosts over 17,000 students each year from more than 50 nationalities with its slate of certificate, diploma, degree, and short courses.
Vision
To be the premier tertiary education provider nurturing future talents with global orientation.
Mission
PSB Academy is a trusted education provider, committed to providing accessible quality education that nurtures and shapes individuals to enable them to achieve their personal and professional best.
Forward Thinking
We are agile, innovative and proactive to be future-ready.
Passion
We deliver our best to help everyone achieve their best.
Excellence
We provide holistic, best-in-class education and development for all.
Nurturing
We foster a caring learning environment by supporting students, staff and partners.
Our Core Values drive us in our pursuit of excellence and quality:
PSB aims to upgrade the knowledge and skills of Singapore’s workforce
Our beginnings trace back to 1964 in Singapore, when a small Productivity Unit was set up and later became the National Productivity Centre under the purview of the Economic Development Board. Our mission was to upgrade the knowledge and skills of Singapore’s workforce to meet the needs of the growing economy.
Photo: Ministry of Information and the Arts Collection, courtesy of National Archives of Singapore
Reference: History SG, National Library Board
PSB spearheads Singapore’s Productivity Movement
The National Productivity Board (NPB) was established in 1972, at a time when productivity was key to our growth as a nation. This led to the launch of the National Productivity Council and the Productivity Movement, the introduction of Japanese labour-management practices and productivity concepts (e.g. lean manufacturing), and the implementation of the Total Productivity Approach.
Photos: Ministry of Information and the Arts Collection, courtesy of National Archives of Singapore
Reference: History SG, National Library Board
PSB develops into a full-fledged training institution
NPB’s mandate was enhanced in 1986 to implement a total approach to productivity. In 1987, it moved into a new purpose-built NPB Building, which housed Singapore’s most comprehensive and modern training facilities, and was billed as the Training City.
With the expansion of responsibilities and enhanced facilities, the Management Services Supervisory Development Division was formalised to become a full-fledged institution known as the Institute for Productivity Training (IPT) in 1988.
Reference: Chung, W.K. and Lee, L. Y. (2017), 50 Years of Singapore’s Productivity Drive.
PSB is instrumental in building a world-class workforce
In 1996, NPB and Singapore Institute of Standards and Industrial Research (SISIR) merged to form the Singapore Productivity and Standards Board (PSB).
The IPT changed its name to the PSB Institute of Productivity Training (PSB-IPT), which went on to play a critical role in building a world-class workforce in Singapore. In 2000, PSB-IPT launched its first postgraduate programme, Master of Business Administration with The University of Nottingham, UK.
Reference: History SG, National Library Board
PSB goes regional!
As part of the government’s restructuring efforts, PSB was corporatised in 2001, and IPT-PSB was renamed to PSB Academy. With this, PSB Academy embarked on our foray into the region, offering an expanding range of education and corporate training services.
During the next few years, PSB Colleges were established in China and Vietnam, and two PSB Singapore School campuses were set up in Indonesia in 2005. PSB Consulting offices were also set up in China and Malaysia.
PSB Academy strives to be Asia’s academy for the industry
PSB Academy became privatised in 2006 and moved into our S$10 million Delta campus in 2007.
We grew from humble beginnings as a corporate training provider to become one of Asia’s leading higher learning education provider, serving over 10,000 local and international students in Singapore, with expanded offerings ranging from diplomas to external degrees from university partners from the UK and Australia.
PSB Academy, Asia’s Future Academy
PSB Academy celebrated 50 years of nurturing industry-ready graduates in 2014. As we welcomed a new era of learning as The Future Academy, we expanded our campus at Delta, Tiong Bahru to a 100,000 square feet City Campus at Marina Square on 23 May 2017. In addition, we re-located our Delta campus to a brand new 50,000 square feet lab-based STEM Campus on 10 May 2018.
These milestones signalled the Academy’s mission to make the idea of productivity relevant again, with a future-oriented brand of education to prepare students for a disrupted age.
PSB Academy’s network spans across Asia. In keeping with our philosophy and commitment to inspire all individuals to discover the value of learning, we take pride that our brand of education has presence in these locations and has benefitted our students.
Raffles College (previously known as INTI College Indonesia and Raffles Academy) is the pioneer of internationalized private learning institution in the country. It is also part of The Raffles Christian Group of Schools (RCGS).
Through a range of practical and innovative courses, Raffles College has carved out a reputation as a respected institution that offers international pathway programs and globally recognised professional qualifications since 2001.
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PSB College (Urumqi) was approved by Xinjiang MOE and established in 2009 as a strategic collaboration between Urumqi Vocational University and PSB Academy to offer Hospitality Management and Supply Chain Management programmes. In 2016, two more programmes, Mechanical Engineering Technology and Electrical Engineering Technology were approved also with emphasis on cultivating the students’ English communication abilities and professional expertise.
Students with outstanding academic achievements will have the opportunity to participate in an Exchange Programme in Singapore. Graduates of the college also have the opportunity to continue their degree study at PSB Academy, Singapore.
Wuxi International College is located in the bustling city of Wuxi, Southern Jiangsu. The collaboration between PSB Academy and Wuxi Professional College of Science and Technology was approved by the Education Department of Jiangsu Province in April 2007 and currently offers 3-year diploma programmes in Supply Chain Management and Accounting & Finance.
Graduates of the College will receive dual certification – a certificate awarded by Wuxi Professional College of Science and Technology and an international diploma awarded by PSB Academy, Singapore.
Our past tells us that the future belongs to those who make it – driven by a spirit of resilience, hard work and generosity. Across our campuses in Asia, this spirit burns brightly in our students, alumni, colleagues and partners as they strive to do well for themselves and the communities they serve.
This is the spirit of our Future Makers. We strive to be torchbearers for our collective mission to help people to thrive in the Future Economy – through our mission in bringing quality higher education to students around the region, and by providing a direct positive impact to the community, through social work.
We work hard to consistently improve our Environmental, Social and Governance (ESG) efforts, to become fully aware of the environmental and social impact and harness the potential that our 12,000-strong student and staff community can bring, to become a sustainable force for good to the public.
We serve four key stakeholder groups as part of our Corporate Social Responsibility efforts: Students, Employees & Associates, Community and Environment.
Talk to us if you have an idea about how you can help contribute to the future, or if you’d like to participate in one of our upcoming projects. At The Future Academy, we welcome all Future Makers to put their best foot forward in building a better future for all.
