Institute of Business Studies

The Institute of Business Studies formerly (IBS) now IBSUniversity is a tertiary education provider in Papua New Guinea, offering academic and professional courses in the fields of Accounting, Business and Information Technology. IBSU offers a combination of locally developed and International courses ranging from Certificates, Diploma’s and Degrees.

History

IBS was originally set up in 1989 by entrepreneur Mick Nades. It provided revision classes for the Papua New Guinea Institute of Accountants (PNGIA) professional exams, at which time none existed. At its inception, there were only nine qualified Papua New Guinean Accountants amongst the cohort of 300+ Commerce/Accounting graduates from the University of Papua New Guinea (UPNG) and the University of Technology (UNITECH). IBS produced the first two female Accountants of Papua New Guinea. The Institute’s objective was to enhance the prospects for Papua New Guineans to study and further their careers in Accounting, Business and Computing.

About IBSU

The IBSUniversity is an innovative university located in Port Moresby, capital of Papua New Guinea. It was established in 1st December 2016 with the ordinance of National Executive Council and gazette on 25th January 2017.

It took 28 years of visionary driven commitment and hard work of Sir Mick Nades, the man behind with this noble contribution to the educational growth of Papua New Guineans. IBS beginning can be traced back to 1989, conducting revision classes for the Professional Examinations of the CPA PNG (then PNGIA). With the success of producing professional accountants, there was a demand to provide Certificate Courses for Grade 10/12 School Levers.

IBS developed and offered its Certificate in Accounting, based on the syllabus of Accounting Technicians of United Kingdom in 2002. Certificate in Computing course was introduced in 2003. These two courses evolved as the primary wheels of IBS then.

More and more school leavers joined IBS at Saraga Campus to follow the above courses. IBS became a Study Centre of UPNG in 1995, and commenced classes for Diploma in Commerce (now Diploma in Accounting) a two year programme till 2016.

IBS formed an educational collaboration agreement with Southern Cross University in 1999 and started their Bachelor Degree of Business and Information Technology Programmes. These programs are offered in Mt. Eriama Campus in Port Moresby and Irelya Campus in Enga.

Vision

To enrich lives through World Class Education, Training and Research.

Mission

We are passionately committed to Educating and Training people by providing responsive and value driven programmes that stimulate personal development, organizational growth and building our young nation.

Values

Integrity
Respect
Innovative
Service
Collaboration
Accountability
Responsive
Excellence

Academic Divisions

• School of Accounting
• School of Business
• School of Information Technology
• School of Economics

Research

The IBS Journal of Business and Research focuses on the current business and development issues and their effect in Papua New Guinea (PNG) and South Pacific Region. ^{[citation needed]}

References

http://www.ibs.ac.pg
http://www.ibsu.ac.pg
http://www.adb.org/Documents/Books/Financial_Mgt/PNG/chap_05.pdf

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