University Profile - Far Eastern University Chairman's Message Just when we were looking forward to a new Decade OVID-19 Coronavirus pandemic hit China, Europe, the United States, and the Philippines hard. We thought that we had successfully hurdled the painful but necessary transition to two additional Senior High School years under the much needed K-12 reform program. Aurelio R. Montinola III We were about to complete our Chairman, Board of Trustees Aspirations 2015-2020 Strategic Plan, and to initiate a new Five-Year Plan with our customary annual external Strategic Planning conference. Fortunately, FEU was semi-prepared, as we had earlier invested in technology and Suddenly, we were mandated to close education platforms such as Microsoft face-to- face school temporarily during a Teams, Canvas, and NetSuite, as well as mini Taal Volcano eruption in early January and moves towards teleconferencing and digital then semi-permanently starting March 11 teacher training. due to the COVID-19 pandemic. FEU had to literally classrooms were locked down, Hence, academic, and financial results and we learned new terms like Enhanced remained acceptable given these trying Community Quarantine (ECQ), Social circumstances. Enrolment increased 9% to Distancing, and Asynchronous learning. 44k students; Revenues increased 7% to Php 3.6 billion, but would have been School Year 2019-2020 thus became a higher had it not been for online rebates tale of two contrasting products and and as such, Net Income dropped 16% to outcomes– a growth-oriented, second Php 683 million due to the second semester semester. pandemic. 01 University Profile - Far Eastern University University Profile - Far Eastern University Strategic Plan Financial Results IT Enhancement We substantially completed our Five-Year School Year 2019-2020 was anticipated to Our ability to deliver meaningful online education on short notice was a result of prior years investments in strengthening faculty development, upgrading IT infrastructure, subscribing to versatile Canvas Learning Aspirations 2020 with positive results. contribute near peak net income results, Management System, and Microsoft Office 365. Our adaptive online techniques and practices were recognized by with four out of the five years K-12 Senior the Commission on Higher Education (CHED) and for which FEU, at the request of CHED, conducted nationwide High School transition reform program teacher-training sessions for the industry. Regulatory Excellence completed. We maintained our Autonomous University status, Student enrolment was at its highest Facilities Improvement with 70% of all programs accredited, and eight (8) at 44k students, a 9% growth from the programs at Level 4 - the highest. previous year. This was contributed to by previous investments in FEU Senior High FEU completed two modern buildings at FEU Manila and FEU Roosevelt (Marikina) , as well as its FEU Alabang We also significantly exceed national averages in campus with an award winning Our Lady of Lourdes Chapel. Exams, bannered by Medical Technology and Nursing School, FEU Alabang, and FEU Roosevelt, at the 97% and 100% passing level for first-time takers. as well as recovering student populations To date, they are minimally utilised, but are expected to be core assets. Renovations were conducted as well in the in FEU Main and FEU Tech. Registrars and Admission Offices and Student Center. We improved our Faculty credentials to 25% Regular Full-Time PhDs. On March 15, 2020, the country Cybersecurity, as well as emergency preparedness and detection are continuing investment themes, particularly given increased reliance on online systems to deliver our educational mission. Total Assets stand at Php 15 billion, was placed on COVID-19 Enhanced a 7.8% increase from the previous year, and facilities are kept in a state of readiness to take advantage of normal Matched Excellence Community Quarantine (ECQ) shutting operations in 2021. down all face-to-face school and Active Industry Linkages with 150 corporate partners administrative operations. narrowed our industry academe gap, and provided On-the-Job Training (OJT) programs in Senior Year. FEU ably completed the rest of the year Faculty and Student Accomplishments 96% of interns had above average performance with online evaluation for School Year 2018-2019; unfortunately, due instruction and complete grade Our President, Dr. Michael M. Alba, will comment on Academic performance in a separate report. FEU student to COVID-19, no survey was taken last semester. assessments. However, it experience leaders consistently secured slots in competitive and prestigious leadership training searches of the Ayala Group, Markprof Foundation, and Young Men’s Christian Association. a net financial reduction of Php 269 Graduates’ average placement rate is 83% for the first semester 2019-2020; again, due to the pandemic, million from pandemic quarantine Institute of Accounts, Business & Finance (IABF) students won awards in marketing and enterprise resource we have limited information on School Year 2020 related school fee rebates for management competitions. FEU Tech students received funding from the Department of Information graduates. uncompleted onsite school activities and and Communications Technology for winning a startup challenge on the use of drones for simultaneous body temperature measurements. Institute of Tourism & Hotel Management (ITHM) students garnered eight awards postponement of FIT’s third trimester to during the Manila Food and Beverages Expo and the Young Hoteliers Exposition. Adaptive Excellence the following year. Communication majors earned 10 film awards and a grand prize for a radio advertisement contest. Topping the list Our early DLECCT (Digital Learning, Effective The resulting net income of Php 683 was a “Best Film” accolade for the short film “Mata” conferred during the Short+Sweet Film Festival in Los Angeles, Communication, and Critical Thinking) approach to million was a 16% decline from the California. teach skills, not content, plus early adoption of a previous year which included a one-off Canvas educational platform positioned us well for FEU Top Ten Placers in External Examinations included Gendeliou Olarte for B.S. Medical Technology, Chaudry the 180 degree mandated switch from face-to- face gain of Php 137 million. Return on equity Psalm Javier and Apple Julienne Pineda for B.S. Psychology, and Krizia Mae Marzan and Miko Angelo Balverder for learning to remote learning. We have one of the best stayed at 7%, maintaining the four-year B.S. Architecture. current online programs today, and this, together with average during the K-12 years. strong FEU Values, adequately prepares our graduates FEU Tech Topnotchers were Engr. Juan Miguel Villarroel, Engr. Jomar Calauod, and Engr. Rex Paolo Gamara for for life in a rapidly changing world. Electronics Engineering. 02 03 University Profile - Far Eastern University University Profile - Far Eastern University Community Service Significant Awards and Cultural Programs We won distinctly different significant awards. For bathroom cleanliness, FEU emerged Champion of Maynilad’s Golden Kubeta awards. TamBayani volunteers increased 22% to 667 names, The FEU Alumni Relations Office through For design, FEU Alabang’s Our Lady of Lourdes Chapel was awarded 5 Stars for Public Service Architecture by the and the Volunteerism Services Office (VSO) assisted in Tambayanihan Program in partnership with VSO, and Asia Pacific Property award. various relief efforts for both the Taal Volcano eruption Nicanor Reyes Memorial Foundation, launched the in January and the COVID-19 pandemic that followed. Brave As One Against COVID-19 to rally the whole FEU Donations were sourced from civic minded Alumni community to respond to the needs of the time. The For corporate excellence, FEU won the Asia Pacific Entrepreneurship award 2019 for the Philippines Corporate and other stakeholders, and the VSO, the Alumni campaign was able to generate Php 1.8 million worth Excellence category under the Education and Training Industry. Relations Office, and the Nicanor Reyes Memorial of cash and in-kind donations. Foundation combined to pack relief goods and The FEU Chorale won first place in the choir categories Best of all, our FEU Learning Journey Module helped us place among the Global Top 100 Most Innovative Universities medical supplies for specific communities around FEU. of the 2019 Grand Finals of the National Music under a 2020 World Universities with Real Impact (WURI) survey. Additionally, we placed 19th in the same survey’s Competitions for Young Artists, and the Andrea Top 50 Most Ethical Universities FEU Alabang provided a 50-bed gym as sleeping Veneracion International Choral Festival. quarters for outsourced personnel of its neighbor, the Research Institute of Tropical Medicine (RITM), The FEU DBC Drumline won first runner up in the as well as food for one week for the entire staff and Musiko 2019 Drumline Battle, while the FEU Dance outsourced personnel. Company won third place in the Andong Mask Dance festival in South Korea. FEU Main responded to a national call for help, and A “Distinctive Education Experience” is what donated Php 1 million to Project Ugnayan, which The President’s Committee on Culture (PCC) remained Looking Forward differentiates FEU as a value added , affordable product focused on immediate private sector financial active with various events, highlighted by programs for Filipinos of average means. Previously, we used our assistance to affected