The Polytechnic University of the Philippines (PUP) is a government educational institution governed by Republic Act Number 8292 known as the Higher Education Modernization Act of 1997, and its Implementing Rules and Regulations contained in the Commission on Higher Education Memorandum Circular No. 4, series 1997. PUP is one of the country's highly competent educational institutions. The PUP Community is composed of the Board of Regents, University Officials, Administrative and Academic Personnel, Students, various Organizations, and the Alumni. Governance of PUP is vested upon the Board of Regents, which exercises policy-making functions to carry out the mission and programs of the University by virtue of RA 8292 granted by the Commission on Higher Education. The University is administered by an appointed President by virtue of RA 8292 and is assisted by five Vice-Presidents - Academic Affairs, Student Services, Administration, Research and Development, and Finance. This institution started as the Manila Business School (MBS), founded in October 1904 as part of the city school system under the superintendence of C.A. O’Reilley, which responds to the demand for training personnel for government service and the felt need to provide skills essential for private employment. In 1908, it was renamed as Philippine School of Commerce (PSC) and merged with the Philippine Normal School (PNS) in 1933 to 1946. By virtue of Republic Act 779, the PSC was again changed to Philippine College of Commerce (PCC) in 1952. Subsequently, the Philippine College of Commerce (PCC) was converted into a chartered state university, now known as the Polytechnic University of the Philippines by virtue of Presidential Decree Number 1341 issued by the President of the Philippines on April 1, 1978. PUP is a public, non-sectarian, non-profit institution of higher learning primarily tasked with harnessing the tremendous human resources potential of the nation by improving the physical, intellectual and material well-being of the individual through higher occupational, technical and professional instruction and training in the applied arts and sciences related to the fields of commerce, information and communications technology and business administration. The University promotes applied research, advanced studies and progressive leadership in the stated fields. We also offer ladder-type higher vocational, distance learning (open university system), technical and professional programs in the area of business and distributive arts, education and the social sciences related to the fields of commerce, business administration and other polytechnic areas. Furthermore, the University takes steps to enrich the academic program in other fields of study and adopts a polytechnic program of education designed to provide the individual with employable skills and managerial know-how in order to make them creative, productive and self-reliant. PUP operates year-round with two semesters and a summer. Summer sessions depend on the course and on the campus. The University employs 1,483 full-time and part-time faculty members with a few of the full-time faculty holding administrative positions. There are 707 regular and casual administrative employees who provide support services to the University population. The faculty spend two-thirds of their time in teaching and one-third in research and extension activities. One of the major functions of the University is research, a key component of scholarship and teaching. During the years under review, PUP received and allotted government and private funding to research.
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