HISTORY

Building at IBSU

​IBS was founded 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 formerly became the Institute of Business Studies in 1989 and quickly grew into a premium private tertiary education provider. In 1994 IBS expanded its mission to offer a pathway for Grade 10 + 12 school leavers who did not make national selection in to become Australian Degree holders. Today it continues to provide a pathways for those who did not make national selection with a combination of both Australian courses and its own local courses which are designed and conducted to International standards.

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.

Evolving into the thriving university we are today

Our 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.

These include:

  • Accounting and Finance
  • Economics and Development
  • Business and Management
  • Information and Technology

Both SCU and IBSU programs are offered at our Mt. Eriama campus at 11 Mile.

IBSUniversity is the only academic institution in Papua New Guinea to have ISO 9001 Certification, which is the international standard that specifies requirements for a quality management system (QMS). ISO (International Organization for Standardization) is an independent, non-governmental, international organization that develops standards to ensure the quality, safety, and efficiency of products, services, and systems.