A LITTLE BIT ABOUT US
The Institute of Business Studies (IBS) is a multipurpose education provider with a passion for enriching lives through world-class education, training and research.
This year, we celebrate 31 years of education in PNG.
IBS was originally began in 1987 as the Institute of Accounting and Business Studies to provide accounting students with a structured revision program leading up to their professional exams. It formally became the Institute of Business Studies in 1989 and quickly grew into a premium tertiary education provider.
In 1994, IBS expanded its mission to offer certificate courses in Accounting and Business for school leavers who were rejected by the formal education system.
Partnerships with Australian universities
IBS achieved another milestone in 1999 when it began offering internationally recognised Australian degree programs in partnership with Southern Cross University Australia, first in Accounting and IT, and later in Marketing and Human Resource Development.
This partnership has expanded and matured over the past twenty years with both face-to-face and online offerings.
In 2003 IBS became the first education provider to offer an MBA program face-to-face in PNG in partnership with Deakin University, Australia.
Evolving into the thriving university we are today
IBS intentions to become a university began in 2005. The passion for learning and persistence to become a full-fledged university became a reality in December, 2016 with approval from the National Executive Council (NEC), later gazetted on January 25, 2017.
IBSUniversity introduced its own degree programs in February, 2017.
- Accounting and Finance
- Economics and Development
- Business and Management
- Information and Technology
Both SCU and IBSU programs are offered at the IBS Mt. Eriama campus at 11 Mile.
To actively implement student-centred learning methodologies which enhance individuals.
To produce high calibre graduates who can contribute to our society and the nation.
To provide hands on, real world training through the IBS Career Development Centre.
To facilitate outbound management and leadership programs based on experiential learning.
To enable our faculties and students to develop their research skills through the IBS Research Centre.
To help our students realise and develop their natural talents and interests.
To work with passionate and disciplined people who can help us achieve our vision.
To encourage our faculties and students to live our mission and values.
To develop disciplined actions which achieve our goals.
INTEGRITY: An unwavering COMMITMENT to delivering our promises.
INNOVATION: Applying new ideas to improve our lives and the society we live in.
EXCELLENCE: An unwavering resolve to achieve world standards.
ACCOUNTABILITY: Taking ownership of our actions and decisions.
RESPONSIBILITY: Assuming a proactive response to industry expectations.
COLLABORATION: Prioritising internal teamwork and external collaboration to grow and sustain success.
RESPECT: Extending the courtesy we expect in return.
SERVICE: Our ultimate commitment is to serving our students and client partners beyond expectations.
To be a contemporary and innovative university by enriching lives through world-class education, training and research. Our eight strategic focus areas include:
- A vibrant student experience
- Excellence in research innovation and public engagement
- Embracing best HR and development practices
- Accountability through effective governance, risk management and compliance
- Efficient and effective use of resources
- Producing “work-ready” graduates
- Incubation and startup funding
- Infrastructure development
In pursuit of this, we will build a rich culture by attracting disciplined people with disciplined thoughts. This will create a positive environment and contribute to our success in achieving our future vision.