University of Santo Tomas College of Commerce and Business Administration
Encyclopedia
The University of Santo Tomas College of Commerce and Business Administration, popularly known as "UST CBA", is the business school
, specialized in Financial Management
, Marketing Management
, Human Resources Development Management
, Operations Management
, Business Economics
, and Entrepreneurship
, of the University of Santo Tomas
, the oldest and the largest Catholic
university in Manila
, Philippines
.
The college is one of the first business schools in the Philippines
. It is proclaimed to be a Center of Development in Financial Management by the Commission on Higher Education
.
and supervised by the Very Rev. Fr. Silvestre Sancho, O.P. in 1930, the Department of Commerce started with only twelve enrollees and offered a two-year associate program in Commercial Science. Consistent increase in enrollment lead to it being elevated into a School of Commerce in 1933 and the Department of Public Instruction granted its eventual recognition of the School’s four-year degree program, Bachelor of Science in Commerce. Once the Bureau of Education allowed the School of Commerce to operate as a college, the College of Education granted its autonomy in 1935. Dr. Stanley Prescott was given the honor and the responsibility to be the first Dean of the College of Commerce.
In 1940, Rev. Fr. Pedro Mateos, O.P. assumed the position of Dean and it was during his term where new review courses in Accounting and Law
(for Accounting) were introduced to enhance the seniors’ chances in passing the CPA
licensure examinations. The College was forced to close during the Second World War
and reopened in June 1945. In 1947, student enrollment reached 518 and steadily increased to 722 by 1948.
Under the deanship of Dr. Mariano Apacible, the four major programs of the College: Accounting, Banking and Finance
, Economics
and Management
, were fortified with pedagogy improvements as well as the introduction of new techniques in teaching. The student population at this time rose to 1,244.
The year 1981, two years shy of the College’s Golden Anniversary, the College offered a variety of strong academic programs: Accounting, Banking and Finance
, Economics
, Management
and Marketing
. In later years, the majors were limited to Accounting, Business Administration and Economics
. Specialized courses in Management
, Marketing
, Banking and Finance
were grouped into one major, Business Administration, to provide the graduates with more flexible and greater job opportunities in different fields of business and industry.
To further improve the capacity to pass the board examinations of the College’s aspiring CPA’s, the academic program BS Commerce major in Accounting was replaced with Bachelor of Science in Accountancy
.
In 1988, the College officially became known as the College of Commerce and Accountancy and it was also in this year when the College applied for its re-accreditation (the first one was in 1984).
The University of Santo Tomas College of Commerce Alumni Foundation, Inc (COCAFI), a private non-stock and non-profit foundation, was founded in 1992.
In 1996, and in response to the growing information technology
needs of the commercial industry, the College offered a new program: the B.S. Commerce major in Information System Management
. However, due to the University’s policy to group all computer-related programs in one College, this major was transferred to the College of Science
in June 1999. The last batch of students with the degree B.S. Commerce major in Information Systems Management graduated in March 2002.
In 1999, under Dean Amelia Halili, the College was selected as a Center of Development by the Commission on Higher Education
. Also, for its Achievements in Accounting Education, as shown by the performance of its graduates in the CPA Board Examinations from 1996 to 2000, an Achievement Award was given to the College on November 15, 2000 by the Professional Regulation Commission
(PRC) as it ranked first among those Colleges/Universities with 100 or more successful examinees.
In 2004, the Department of Accountancy separated upon recommendation of and in coordination with the UST College of Commerce Alumni Foundation, Inc. (COCAFI) Thus, the accountancy unit was moved to the newly formed college AMV College of Accountancy
.
In the efforts towards asserting its presence as a primary model business school in the country, and pursuant to the Commission on Higher Education’s Memorandum Number 17, the College revived its entrepreneurship program and offered the BSC in Entrepreneurship more popularly known as the Triple-E Program (“Entrepreneurship and Ethics Education towards Equity”) in 2004 and a straight program, BS in Entrepreneurship was initially offered in 2007.
The latter part of the 2006-2007 academic year signaled the beginning of even more significant changes compressed in even lesser time. With Dean Helena Maria F. Cabrera at the helm, and pursuant to the Commission on Higher Education’s Memorandum Number 39, the Bachelor of Science in Commerce academic programs were gradually phased out and were replaced with the Bachelor of Science in Business Administration academic programs offering a wider range of specialized majors: Business Economics, Financial Management, Human Resource Development Management, Marketing Management and Operations Management (initially offering of this program has been deferred).
The College was then renamed the College of Commerce and Business Administration in the same year when the BSBA major in Financial Management
and BSBA major in Marketing Management
were initially offered. It was in March 2009 when the University through the College first conferred these degrees on very first graduates of these degrees.
The College of Commerce and Business Administration has almost 4,000 students, majority of which belongs to the Pre-Com Department which has now been renamed as the Basic Business Education Department (BBED).
In recent years, it has been yielding the largest number of graduates (approx. 700-900).
The college has a medium-sized auditorium (Jose Rizal Conference Hall), audio-visual conference room, a fully wired computer laboratory, a speech laboratory, Dean's Office, Coordinator's Room, Guidance Office, Student Organization Room, a Publication Office, a business development center, a faculty room, fully air-conditioned classrooms, free wi-fi access, and photocopying machines.
Regent - Rev. Fr. Senen R. Ecleo, OP, SThD
Asst. Dean - Asst. Prof. Mary Hildence M. Baluyot
College Secretary - Asst. Prof. Maureen H. Gelle
Economics - Mr. Roland Paguta
Entrepreneurship - Mr. Cesar Noel Aban
Basic Business Education (formerly Pre-Com) - Asst. Prof. Erika V. Puno
Social Science, Philosophy and IT - Asst. Prof. Myrna de Vera
Languages and Literature - Asst. Prof. Corazon Pura
Mathematics and Science - Asst. Prof. Ronald Manalo
Financial Management - Mr. Anthony Altarejos
Human Resource Development Management - Ms. Roma Paje
Marketing Management - Asst. Prof. Oscar Torres
Tax, Law and Accounting - Atty. Alberto Dolosa
Community Development - Mr. Gil Garcia
Student Regulatory Body
Commerce and Business Administration Student Council (CBASC) - It is the primary student governing body of all bonafide students of the college of Commerce and Business Administration. Its officers are elected by the entire CBA student body. The Chief-of-Staff and the Assistant Chief-Of-Staff are directly appointed by the CBASC officers upon inauguration. The Presidento of the CBASC shall be the official representative of the CBA studentry in the CB or the Central Board, which consist of the student council presidents of all colleges, faculties and institutions in the university, which is under the supervision of the Central Student Council or CSC.
CBASC Executive Board (2011-2012)
Major Organizations - These are the major organization for each courses in the Commerce and Business Administration.
Minor Organizations
The Official Publication of the college of Commerce and Business Administration
The Commission on Election - Responsible for class and college election.
Business school
A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, administration, economics, entrepreneurship, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource...
, specialized in Financial Management
Managerial finance
Managerial finance is the branch of finance that concerns itself with the managerial significance of finance techniques. It is focused on assessment rather than technique....
, Marketing Management
Marketing management
Marketing management is a business discipline which is focused on the practical application of marketing techniques and the management of a firm's marketing resources and activities...
, Human Resources Development Management
Human resource management
Human Resource Management is the management of an organization's employees. While human resource management is sometimes referred to as a "soft" management skill, effective practice within an organization requires a strategic focus to ensure that people resources can facilitate the achievement of...
, Operations Management
Operations management
Operations management is an area of management concerned with overseeing, designing, and redesigning business operations in the production of goods and/or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as little resources as needed, and...
, Business Economics
Managerial economics
Managerial economics as defined by Edwin Mansfield is "concerned with application of economic concepts and economic analysis to the problems of formulating rational managerial decision." It is sometimes referred to as business economics and is a branch of economics that applies microeconomic...
, and Entrepreneurship
Entrepreneurship
Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response...
, of the University of Santo Tomas
University of Santo Tomas
The Pontifical and Royal University of Santo Tomas, The Catholic University of the Philippines , is a private Roman Catholic university run by the Order of Preachers in Manila. Founded on April 28, 1611 by archbishop of Manila Miguel de Benavides, it has the oldest extant university charter in the...
, the oldest and the largest Catholic
Catholic
The word catholic comes from the Greek phrase , meaning "on the whole," "according to the whole" or "in general", and is a combination of the Greek words meaning "about" and meaning "whole"...
university in Manila
Manila
Manila is the capital of the Philippines. It is one of the sixteen cities forming Metro Manila.Manila is located on the eastern shores of Manila Bay and is bordered by Navotas and Caloocan to the north, Quezon City to the northeast, San Juan and Mandaluyong to the east, Makati on the southeast,...
, Philippines
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...
.
The college is one of the first business schools in the Philippines
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...
. It is proclaimed to be a Center of Development in Financial Management by the Commission on Higher Education
Commission on Higher Education (Philippines)
The Commission on Higher Education of the Philippines, , abbreviated as CHED. The CHED is attached to the Office of the President for administrative purposes...
.
History
Established as a mere department of the College of EducationUniversity of Santo Tomas College of Education
The University of Santo Tomas College of Education, popularly known as "UST-Educ", is the teacher education/nutrition and dietetics/library and information science school of the University of Santo Tomas, the oldest and the largest Catholic university in Manila, Philippines...
and supervised by the Very Rev. Fr. Silvestre Sancho, O.P. in 1930, the Department of Commerce started with only twelve enrollees and offered a two-year associate program in Commercial Science. Consistent increase in enrollment lead to it being elevated into a School of Commerce in 1933 and the Department of Public Instruction granted its eventual recognition of the School’s four-year degree program, Bachelor of Science in Commerce. Once the Bureau of Education allowed the School of Commerce to operate as a college, the College of Education granted its autonomy in 1935. Dr. Stanley Prescott was given the honor and the responsibility to be the first Dean of the College of Commerce.
In 1940, Rev. Fr. Pedro Mateos, O.P. assumed the position of Dean and it was during his term where new review courses in Accounting and Law
Law
Law is a system of rules and guidelines which are enforced through social institutions to govern behavior, wherever possible. It shapes politics, economics and society in numerous ways and serves as a social mediator of relations between people. Contract law regulates everything from buying a bus...
(for Accounting) were introduced to enhance the seniors’ chances in passing the CPA
Certified Public Accountant
Certified Public Accountant is the statutory title of qualified accountants in the United States who have passed the Uniform Certified Public Accountant Examination and have met additional state education and experience requirements for certification as a CPA...
licensure examinations. The College was forced to close during the Second World War
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
and reopened in June 1945. In 1947, student enrollment reached 518 and steadily increased to 722 by 1948.
Under the deanship of Dr. Mariano Apacible, the four major programs of the College: Accounting, Banking and Finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
, Economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
and Management
Management
Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively...
, were fortified with pedagogy improvements as well as the introduction of new techniques in teaching. The student population at this time rose to 1,244.
The year 1981, two years shy of the College’s Golden Anniversary, the College offered a variety of strong academic programs: Accounting, Banking and Finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
, Economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
, Management
Management
Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively...
and Marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...
. In later years, the majors were limited to Accounting, Business Administration and Economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
. Specialized courses in Management
Management
Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively...
, Marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...
, Banking and Finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
were grouped into one major, Business Administration, to provide the graduates with more flexible and greater job opportunities in different fields of business and industry.
To further improve the capacity to pass the board examinations of the College’s aspiring CPA’s, the academic program BS Commerce major in Accounting was replaced with Bachelor of Science in Accountancy
Accountancy
Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in...
.
In 1988, the College officially became known as the College of Commerce and Accountancy and it was also in this year when the College applied for its re-accreditation (the first one was in 1984).
The University of Santo Tomas College of Commerce Alumni Foundation, Inc (COCAFI), a private non-stock and non-profit foundation, was founded in 1992.
In 1996, and in response to the growing information technology
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
needs of the commercial industry, the College offered a new program: the B.S. Commerce major in Information System Management
Management information system
A management information system provides information needed to manage organizations efficiently and effectively. Management information systems involve three primary resources: people, technology, and information. Management information systems are distinct from other information systems in that...
. However, due to the University’s policy to group all computer-related programs in one College, this major was transferred to the College of Science
University of Santo Tomas College of Science
The University of Santo Tomas College of Science, popularly known as "UST Science", is the Pure Sciences school of the University of Santo Tomas, the oldest and the largest Catholic university in Manila, Philippines....
in June 1999. The last batch of students with the degree B.S. Commerce major in Information Systems Management graduated in March 2002.
In 1999, under Dean Amelia Halili, the College was selected as a Center of Development by the Commission on Higher Education
Commission on Higher Education (Philippines)
The Commission on Higher Education of the Philippines, , abbreviated as CHED. The CHED is attached to the Office of the President for administrative purposes...
. Also, for its Achievements in Accounting Education, as shown by the performance of its graduates in the CPA Board Examinations from 1996 to 2000, an Achievement Award was given to the College on November 15, 2000 by the Professional Regulation Commission
Professional Regulation Commission
The Professional Regulation Commission , otherwise known as the PRC, is a three-man commission attached to the office of the President of the Republic of the Philippines. Its mandate is to regulate and supervise the practice of the professionals who constitute the highly skilled manpower of the...
(PRC) as it ranked first among those Colleges/Universities with 100 or more successful examinees.
In 2004, the Department of Accountancy separated upon recommendation of and in coordination with the UST College of Commerce Alumni Foundation, Inc. (COCAFI) Thus, the accountancy unit was moved to the newly formed college AMV College of Accountancy
University of Santo Tomas Alfredo M. Velayo College of Accountancy
The University of Santo Tomas Alfredo M. Velayo College of Accountancy, or "UST AMVCoA" or "Santo Tomas Accountancy", is the business school, specialized in Accountancy and Management Accounting, of the University of Santo Tomas, the oldest and the largest Catholic university in Manila,...
.
In the efforts towards asserting its presence as a primary model business school in the country, and pursuant to the Commission on Higher Education’s Memorandum Number 17, the College revived its entrepreneurship program and offered the BSC in Entrepreneurship more popularly known as the Triple-E Program (“Entrepreneurship and Ethics Education towards Equity”) in 2004 and a straight program, BS in Entrepreneurship was initially offered in 2007.
The latter part of the 2006-2007 academic year signaled the beginning of even more significant changes compressed in even lesser time. With Dean Helena Maria F. Cabrera at the helm, and pursuant to the Commission on Higher Education’s Memorandum Number 39, the Bachelor of Science in Commerce academic programs were gradually phased out and were replaced with the Bachelor of Science in Business Administration academic programs offering a wider range of specialized majors: Business Economics, Financial Management, Human Resource Development Management, Marketing Management and Operations Management (initially offering of this program has been deferred).
The College was then renamed the College of Commerce and Business Administration in the same year when the BSBA major in Financial Management
Managerial finance
Managerial finance is the branch of finance that concerns itself with the managerial significance of finance techniques. It is focused on assessment rather than technique....
and BSBA major in Marketing Management
Marketing management
Marketing management is a business discipline which is focused on the practical application of marketing techniques and the management of a firm's marketing resources and activities...
were initially offered. It was in March 2009 when the University through the College first conferred these degrees on very first graduates of these degrees.
Student population
In recent years, it has been yielding the largest number of graduates (approx. 700-900).
Facilities
The college is located in the third and fourth levels of Saint Raymund de Peñafort Building in the northeastern part of the UST compound, facing Dapitan St. The college shares the building with the UST Faculty of Arts and Letters which occupies the first and second levels.The college has a medium-sized auditorium (Jose Rizal Conference Hall), audio-visual conference room, a fully wired computer laboratory, a speech laboratory, Dean's Office, Coordinator's Room, Guidance Office, Student Organization Room, a Publication Office, a business development center, a faculty room, fully air-conditioned classrooms, free wi-fi access, and photocopying machines.
Administrators
Dean - Prof. Ma. Socorro P. Calara, Ph.D.Regent - Rev. Fr. Senen R. Ecleo, OP, SThD
Asst. Dean - Asst. Prof. Mary Hildence M. Baluyot
College Secretary - Asst. Prof. Maureen H. Gelle
Department Heads
Business Administration -Asst. Prof. Riaz BenjaminEconomics - Mr. Roland Paguta
Entrepreneurship - Mr. Cesar Noel Aban
Basic Business Education (formerly Pre-Com) - Asst. Prof. Erika V. Puno
Coordinators
Practicum - Prof. Helena Ma. F. Cabrera, Ph.D., D.B.A.Social Science, Philosophy and IT - Asst. Prof. Myrna de Vera
Languages and Literature - Asst. Prof. Corazon Pura
Mathematics and Science - Asst. Prof. Ronald Manalo
Financial Management - Mr. Anthony Altarejos
Human Resource Development Management - Ms. Roma Paje
Marketing Management - Asst. Prof. Oscar Torres
Tax, Law and Accounting - Atty. Alberto Dolosa
Community Development - Mr. Gil Garcia
Bachelor of Science in Business Administration
- BSBA Major in Financial ManagementFinancial managementFinancial management may refer to:* Managerial finance, a branch of finance that concerns itself with the managerial significance of finance techniques....
- The Bachelor of Science in Business Administration major in Financial Management prepares the students to possess a strong foundation on theory, principles and concepts, as well as analytical tools and perspectives that would provide a sound and competitive basis for financial and investment decision making.
- BSBA Major in Human Resource Development ManagementHuman resource managementHuman Resource Management is the management of an organization's employees. While human resource management is sometimes referred to as a "soft" management skill, effective practice within an organization requires a strategic focus to ensure that people resources can facilitate the achievement of...
- The Bachelor of Science in Business Administration major in Human Resource Development Management prepares the students for a career in Human Resource Management in various corporations whether in the manufacturing, marketing and service sectors, or in the different types of industries such as pharmaceutical, semiconductor, food and beverage, banking industries and other types of organizations.
- BSBA Major in Marketing ManagementMarketing managementMarketing management is a business discipline which is focused on the practical application of marketing techniques and the management of a firm's marketing resources and activities...
- The Bachelor of Science in Business Administrative major in Marketing Management prepares the students to be responsive to the total environment by providing technical skills and competencies in the areas of Marketing. Theory is blended with practicum activities to give the students a broad and enriched base for career in Marketing.
Bachelor of Science in Managerial Economics|Business Economics
- This program is designed to provide students with solid background and training in the methods and applications of economic analysis. The students’ research skills are honed through the various economics courses such as international economics, managerial economics and human resource economics, further preparing them to be proactive when confronting current economic issues.
Bachelor of Science in Commerce Major in Entrepreneurship
- The program is considered to be a unique, innovative and the only one of its kind among different schools offering entrepreneurshipEntrepreneurshipEntrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response...
with social consciousness and ethics education. The course is primarily designed to provide training to would-be entrepreneurs in the nuances of starting and operating a business or expanding existing family business as well as character building. Through its learning and doing approach, the program commits itself to the education and formation of students who will be competent entrepreneurs imbued with pro-social and altruistic qualities of empathy, social responsibility and justice.
Student Organizations
The college is home to various student organizations.Student Regulatory Body
Commerce and Business Administration Student Council (CBASC) - It is the primary student governing body of all bonafide students of the college of Commerce and Business Administration. Its officers are elected by the entire CBA student body. The Chief-of-Staff and the Assistant Chief-Of-Staff are directly appointed by the CBASC officers upon inauguration. The Presidento of the CBASC shall be the official representative of the CBA studentry in the CB or the Central Board, which consist of the student council presidents of all colleges, faculties and institutions in the university, which is under the supervision of the Central Student Council or CSC.
CBASC Executive Board (2011-2012)
- President - Jordan A. Tapales (LAKASDIWA)
- Vice President - Mary Anne Takako A. Aoki (LAKASDIWA)
- Secretary - Stephanie A. Grumo (Independent LAKASDIWA CENTRAL)
- Asst. Secretary - Katherine F. Sunga (LAKASDIWA)
- Treasurer - Jenica H. Operio (LAKASDIWA)
- Asst. Treasurer - Guammer L. Partosa (Independent LAKASDIWA CENTRAL)
- Auditor - Danica Anne G. Azul (LAKASDIWA)
- PRO - Ryan Christian E. Paez (Independent LAKASDIWA CENTRAL)
Major Organizations - These are the major organization for each courses in the Commerce and Business Administration.
- Pre-Com Society - The student organization of all 1st year and second year student under Basic Business Education.
- ECOSOC or Economics Society - Automatic organization for students taking Economics Major
- JFINEX or Junior Financial Investment Executives - Automatic organization for students taking Finance Major
- STE or Society for Thomasian Entrepreneurs - Automatic organization for students taking Entrepreneur Major
- TJMA or Thomasian Junior Marketing Association - Automatic organization for students taking Marketing Major
- TJAPM or Thomasian Junior Association for People Management - Automatic organization for students taking Human Resource Major
Minor Organizations
- COMACH - Community Achievers Association
- SIFE - Students in Free Enterprise
- Scarlet - Commerce
- Red-Cross Youth Council
- Rotaract Club of UST- Commerce Unit
- UST Pax Romana - Commerce Unit
The Official Publication of the college of Commerce and Business Administration
- Commerce Journal (CJ)
The Commission on Election - Responsible for class and college election.
Office Location
St. Raymund de Peñafort Building, University of Santo Tomas, España, Manila 1083External links
- University of Santo Tomas - Official website
- College of Commerce and Business Administration - University of Santo Tomas
- UST Central Library- Central Library Website
- UST Hospital- UST Hospital
- UST Network - Online Community: Ever your valiant legions