iPeople , Inc.,

July 3, 2014
2:30 pm
Yuchengco Institute for Advanced Studies
5th floor , Tower II, RCBC Plaza , Ayala Avenue


iPeople Inc., through its educational arm Mapua Institute of Technology is a grand slam winner, topping all the board examination for mechanical , civil, chemical is geared for attracting enrollees from 16000 ( Intramuros Campus 14, 200 and Makati Campus 2,000) capping at least 10 percent increase from the previous year enrollment.

The school is now offering 5 Phd programmed and all masters degree in all professional degree its offering . By next year it will operate in full blast as integrated learning with emphasis on research , and strategically be an innovation hub with worldwide linkages from different university abroad.The school will be offering also an MBA , master for business administration program by next year.

For these strategic plan, the iPeople Inc., through its Mapua Institute of Technology would be constructing a two story building expected to be operational by year end of 2014. The total cost of the building will be 206 million thus form part of the usual 100 million annual cyclical budget of the company, however for the year 2014 iPeople is aiming for a massive investment so it allocate  400 million for total capital expenditures.

The company on its efforts to be center of excellence and  innovation hub its students population , faculties are very active joining hackaton event. Just recently it won for the best apps programmed for centralized blood bank information system , that is accessible even by mobile text. The practicability of the project is giving ease to those who are in emergency  need of blood transfusion .

Its in the must list of the schools to be the voice of the industry (Technology and Innovations) , spearheading to have a new speed in internet connectivity in the country,by partnering to the practicing industry in the voice and nonvoice  Business Processes Outsourcing . This would us the company and the school be the leader not only in private innovations but in shaping the country destiny being an active participants indirectly influencing policy makers / regulators  , thus serving our core mandate as a  public listed enterprise.

There are more detailed expansion plan that can only be made available by this September as per company mandate.

Though the school arm of iPeople Inc., Mapua Institute of Technology , it remitted to the flagship company for about 90 percent mainstream revenue . With the flagship company aiming for a growth rate of 10 percent for the year 2014 , thus it has no plan to raise capital either by issuing stocks , debt or equity.

The trend for today s educational module due to rapid digitalization is by offering courses made available online , the Mapua Institute of Technology currently had a blended  module . Its a combination of face to face teaching with a partial exposure on line. This is done with the combination of learning model canvass to supplements the class instructional  materials thru LMS "learning module supplements".

Pure online instructional materials or module could be adopted in pilot through graduate course , especially to our former alumni who are base now in abroad. This is to be implemented soon.