Philippine School of Business Administration

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Philippine School of Business Administration
Paaralang Pamamahala ng Pangangalakal ng Pilipinas (Filipino)
Philippine School of Business Administration QC.png
Quezon City campus of PSBA
Former names
Philippine Accounting and Taxation Training School
MottoLegacy Renewed, Future Redefined.
Type Private, For-profit
EstablishedOctober 1963;62 years ago (1963-10)
Chairman Jose F. Peralta
Location
Quezon City
,
Metro Manila
,
Philippines

14°37′47.36″N121°4′22.25″E / 14.6298222°N 121.0728472°E / 14.6298222; 121.0728472
Colors Royal Blue   and   Bright Orange
Nickname Jaguars
Sporting affiliations
 UCAA
MascotJaguar
Website www.psba.edu/en/
PSBA Official Logo.svg
Metro Manila location map.svg
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Location of Quezon City campus in Metro Manila
Philippines location map (Luzon mainland).svg
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Location in Luzon
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Location in the Philippines

The Philippine School of Business Administration is a college located in Quezon City in Metro Manila, Philippines. The college was established in 1963 in Manila. [1] Its Quezon City campus opened in June 1963. [2] In September 2013, the Quezon City campus was announced to be closed on October for financial losses, but the Quezon City Regional Trial Court prevented the closure.

Contents

In February 2024, STI College's Eusebio H. Tanco announced per a Philippine Stock Exchange disclosure, that its Board ratified the execution of a Term sheet with Philippine School of Business Administration (Manila & Quezon City) covering the takeover by STI of the operations of PSBA. [3]

Campuses

PSBA in Sampaloc, Manila Sampaloc Manila District 15.jpg
PSBA in Sampaloc, Manila

Manila campus

The original campus of PSBA is located at 826 R. Papa Street, in Sampaloc.

Quezon City campus

The Quezon City campus of PSBA, also known as PSBA-QC, opened in June 1981. It is located at 1029 Aurora Boulevard, Quezon City.

Quezon City campus closure

On May 29, 2006, the Quezon City Engineering Office conducted investigations on allegations of illegal digging within the campus to search for Yamashita's gold. The excavation, which did not apply for necessary permits, caused concerns for the safety of the campus. [4] The Quezon City government decided on September not to close PSBA as no evidence of excavation was found. [5]

PSBA announced on September 20, 2013, that the Quezon City campus would be closed in October 18, the end of the academic year's first semester, due to “serious business losses" for the past eight years in a unanimous decision. [1] Students would be admitted to the Manila campus for the second semester, while employment of staff would be terminated in November. [6]

A letter from the Commission on Higher Education stating that PSBA-QC can only close after the end of an academic year was announced in an open forum on September 30. [7] Student groups of PSBA-QC filed a temporary restraining order on the closure of the campus on October 10. [8] The 20-day temporary restraining order was issued on October 17. [9] On November 7, the Quezon City Regional Trial Court decided that the school would remain open indefinitely as there was weak evidence of financial losses. [10]

References

  1. 1 2 Jesus, Julliane Love De (September 25, 2013). "PSBA QC campus closes in October". INQUIRER.net. Retrieved March 26, 2025.
  2. ↑ Geronimo, Jee (September 27, 2013). "Students, faculty, staff to question PSBA-QC closure". RAPPLER. Retrieved March 26, 2025.
  3. ↑ Mercurio, Richmong (February 29, 2024). "STI to acquire business school PSBA". Philippine Daily Inquirer . Retrieved February 29, 2024.
  4. ↑ "'Yamashita Treasure' sa PSBA, iinspeksiyunin ngayon". Philstar.com. Retrieved March 26, 2025.
  5. ↑ Echeminada, Perseus. "No closure order for PSBA, says QC mayor". Philstar.com. Retrieved March 26, 2025.
  6. ↑ Andrade, Jeannette I. (September 27, 2013). "Philippine School of Business Administration shutting down". INQUIRER.net. Retrieved March 26, 2025.
  7. ↑ Geronimo, Jee (October 1, 2013). "CHED says PSBA-QC can't close down mid-year". RAPPLER. Retrieved March 26, 2025.
  8. ↑ Geronimo, Jee (October 16, 2013). "Will PSBA-QC close down? Students bring battle to court". RAPPLER. Retrieved March 26, 2025.
  9. ↑ Andrade, Jeannette I. (October 18, 2013). "Court stops PSBA from closing QC campus". INQUIRER.net. Retrieved March 26, 2025.
  10. ↑ Geronimo, Jee (November 7, 2013). "Students win: Court stops PSBA-QC closure". RAPPLER. Archived from the original on March 26, 2025. Retrieved March 26, 2025.
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