Far Eastern University Institute of Accounts, Business, and Finance

The Far Eastern University – Institute of Accounts, Business, and Finance, or simply IABF, is the academic institute offering accountancy and business programs of the Far Eastern University. It is regarded as the oldest institute of the university, established prior to the creation of FEU.

Institute of Accounts, Business, and Finance
EstablishedJune 1928
DeanEarl Joseph Borgoña
Location
Manila
,
Metro Manila
,
Philippines
CampusFar Eastern University
Colors  Orange
Websitehttps://www.feu.edu.ph/index.php/institutes/institute-of-accounts-business-and-finance/

The Commission on Higher Education (CHED) accredited its Business Administration program as a Center of Development[1] since 2015;[2] while the BSBA and Accountancy programs are certified by the ASEAN University Network-Quality Assurance (AUN-QA)[3] and granted Level IV status by the Philippine Association of Colleges and Universities Commission on Accreditation (PACUCOA).

Brief history

The Institute of Accounts, Business, and Finance actually predates the Far Eastern University, being established as a private institution in Manila years before the merger.

Started from a dream of having an exclusive accounting school for Filipinos, Dr. Nicanor Reyes Sr., then head of the Department of Economics at the University of the Philippines, left his position to follow this dream. With a number of prominent educators from the UP, he founded the Institute of Accountancy in 1928.[4] Upon branching out to other fields related to accountancy such as economics, business management, and finance, the institute was renamed as the Institute of Accounts, Business, and Finance a year later, in 1929.[4]

In 1933, Dr. Reyes would gain control over the stocks of the Far Eastern College, another institution in Manila, established by Don Vicente Fabella in 1919.[5] Dr. Reyes then merged it with the IABF, giving birth to the Far Eastern University. IABF would continue to operate as an academic institute under the university, being its flagship institute. It was also then decided that FEU's colleges would bear the title "Institute".

Through the years, IABF would be hailed as one of the largest business school in the country.[6] Having innovative ways to modernize the curriculum,[7] FEU would produce a high rate of business and accountancy graduates, consistent top-notchers in the CPA Board exams,[8] and a list of distinguished alumni.

Degree programs

Undergraduate programs

Graduate programs
  • Master in Business Administration

Notable alumni

References
  1. https://ched.gov.ph/wp-content/uploads/Extension-of-validity-2019-List-of-COE-and-CODs_compressed.pdf
  2. "PressReader.com - Digital Newspaper & Magazine Subscriptions". www.pressreader.com. Retrieved 2022-03-02.
  3. "Awards and Citations • Far Eastern University". Far Eastern University. Retrieved 2022-03-02.
  4. "The Story of FEU • Far Eastern University". Far Eastern University. Retrieved 2022-03-01.
  5. "About JRU – Jose Rizal University". Retrieved 2022-03-02.
  6. "Far Eastern University". 2007-09-18. Archived from the original on 18 September 2007. Retrieved 2022-03-02.
  7. Times, The Manila (2013-06-30). "Feu takes higher education on netsuite cloud". The Manila Times. Retrieved 2022-03-02.
  8. "Top 5 Accounting Schools in Manila, According to the CPA Board Exams (October 2018)". www.edukasyon.ph. Retrieved 2022-03-02.
  9. "Benjamin Punongbayan". Grant Thornton Philippines. Retrieved 2022-03-02.
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