Overview
Mapúa’s new school of business and management - ETYSBM - was established by its
Board of Trustees on March 4, 2005 and named after the founder of the pioneer company
of the YGC Group – Enrique T. Yuchengco. This was after the BS Business Administration
course was revived by the BOT on December 14, 2004. The first batch of students
came in July of SY 2005-06 for the BSBA program as well as for the BS Accounting
(BSA) program. This was followed by the first batch of BS Hotel Restaurant Management
(BSHRM) students in SY 2006-07 and then by the first batch of BS Entrepreneurship
freshmen in SY 2007- 08.
The Accountancy course is considered an honors program. It attracts a good number
of interested freshmen but because of a strict retention policy (a 2.25 or better
grade in all accounting subjects) many eventually stream into the BSBA or BSHRM
programs.
Starting with only a total of 42 freshmen in SY 2005-06, admission has stabilized
to 281 new students in SY 2011-12.
Our freshmen are usually 17 year old high school graduates adjusting to college
life in a quarter school system. They are adjudged as achievers who are being motivated
to be hard working students. But many are late – bloomers at that. This is the rationale
to a student-centric approach for freshman - to reduce the seeming preponderance
of failing grades in Math and Accounting, i.e., the “Special Audit” option rather
than “Drop”.
Currently we have a total of 935 active students in ETYSBM. Our graduates had averaged
55 the past two academic years.
Our faculty profile for Accounting and Business Administration reflects a composition
bias on senior part-time professorial lecturers who work in the Makati area. They
are very experienced in the subjects they teach. We also manage to attract experienced
Chefs and Hospitality Specialists for the BSHRM program.
As the undergraduate programs at ETYSBM are already in a stable standing, preparations
are underway for an innovative MBA program to be launched. It will rely heavily
on a Learning Management System (LMS) approach. The target opening date is SY 2012-13.
Vision and Mission
Vision
The E.T. Yuchengco School of Business and Management shall be an International Center
of Excellence in Business and Management Education. It shall nurture and motivate
the students to become professional leaders in their chosen field of endeavor. This
shall be made possible through the following:
- By providing the students with a curriculum that is balanced between theory and
practice
- By promoting the active participation of students in the learning process through
student-centered teaching methodologies
- By exposing the students to current trends, ideas, issues and methods in management
through industry-practitioner and experience-laden faculty members
- By inculcating a culture of excellence and innovation through challenging academic
and research work
- By instilling in them the highest standards of ethics and social responsibility
Mission
The ETYSBM is committed to the development of the student to become an instrument
for growth and development in the country. The MIT-YSBM shall hone the skills and
develop the personality of its students so they will become agents of positive change
in the business community and society in general.
The ETYSBM envisions its students to be conscientious and responsible leaders. They
shall strive to better the lives of their stakeholders through sound management
practices. They shall endeavor to provide opportunities for themselves and others
through enterprise. They shall serve as the conscience of their organization as
a corporate citizen through uncompromising adherence to ethical values. They shall
serve as role models for the rest of the community as business leaders and professionals.