The Philippine School of Business Administration (PSBA) was founded in October 1963 by men of vision, whose best years of lives have been devoted to university administration and teaching, and in varied executive capacities in business and industry, in the professions and in government services. It did not come as a surprise, therefore, that they have chosen to dedicate the School exclusively to the development of aspiring young men and women who would meet the manpower requirements of our economy as a developing nation.
The School was originally launched as a review and training center for certified public accountants. Operating under the name of “Philippine Accounting and Taxation Training Services, Inc.” (PATTS), and occupying a rented building in Claro M. Recto Avenue in Manila, it opened its doors for the first time in January 1964 with an unprecedented enrollment of 1,200 CPA reviewees. It at once became the biggest CPA review school in the Philippines. The enrollment steadily grew — 1,300 in the second year of the operation and 2,000 in the third year. The confidence of the students in the integrity and competence of the founders and the faculty of the School was strengthened by the result of the 1964 CPA examination, which included the PATTS reviewees among the first ten highest of the successful candidates. Since then the products of the review program have been leading, both quantitatively and qualitatively, the yearly list of successful CPA examinees.
In 1966, the third year of its operations, the School started to offer undergraduate programs in business administration with an enrollment of 1,518. It also changed its corporate name to PHILIPPINE SCHOOL OF BUSINESS ADMINISTRATION — PSBA for short. The enrollment continued to increase every year, and today the School is considered as one of the country’s leading schools of business.
To help meet the management requirements of the country for more advanced and sophisticated industrial and commercial life as well as for further governmental responsibilities, PSBA started to offer the MBA Program in June 1979. Today, it has already produced hundreds of graduates who are occupying managerial and executive positions in the government service and in business industry.
The Birth of PSBA-QC
In response to the appeal of the government to decongest the Manila University Belt, PSBA opened its second campus in Quezon City in June 1981 with about 1,500 students. Like PSBA-Manila, PSBA-QC has placed emphasis on offering quality academic programs and scholarships. Located on a sprawling campus, this new school has already gained acceptance of students in just a short period of time, and its enrollment rate has kept on growing. In response to the growing need for highly qualified business professionals, PSBA-QC opened the Graduate School of Business (GSB) in the Second Semester of SY 1995-1996, offering Master of Business Administration (MBA non-thesis) and a few years after, expanded to MBA with thesis, and eventually opened the Doctorate in Business Administration (DBA). Now, PSBA-QC has an enrollment of more than 11,000 students. This ready acceptance of PSBA-QC attests to the high quality of its instruction and scholarship, which are the hallmarks of PSBA’s educational objectives.
In its desire to share its educational philosophy with neighboring countries in the ASEAN region, PSBA entered into a cooperative venture to operate a collegiate school of business in Jakarta, Indonesia. Starting operation in SY 1986-1987, the Indonesian school, known as G.S. FAME INSTITUTE OF BUSINESS, offers both the BSBA and MBA courses. In April 1989, the first batch of MBAs, five of them from this affiliate school, joined the graduation rites of PSBA at the PICC, Manila. Since then, it has graduated quite a number in both the BSBA and MBA courses.
Recently the FISCAL ADMINISTRATION FOUNDATION, INC. (FAFI), a non-stock and non-profit organization, selected PSBA from among schools and colleges in Metro Manila where to offer a graduate program leading to the degree of Master in Business Administration, major in Fiscal Administration. This new academic program, which aims to promote the development and serve the cause of public fiscal administration in the Philippines, started to be offered in SY 1989-1990. FAFI’s support for the Program is in the form of the professional chairs, scholarship grants and financial assistance for thesis and case writers, plus technical advisorship.
