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II.

Introduction

A. Company name and address


Far Eastern University
Nicanor Reyes Sr. St., Sampaloc, Manila, Sampaloc
B. Type and nature of business
Far Eastern University is under the education sector. It is a service type
business because it provides intangible products (products with no
physical form). Service type firms offer professional skills, expertise,
advice, and other similar products.

C. Company descriptions
Far Eastern University is a private higher education institution located in
the urban setting of the large city of Manila. Officially accredited and/or
recognized by the Commission on Higher Education, Philippines, Far
Eastern University is a large coeducational higher education institution.
Far Eastern University offers courses and programs leading to officially
recognized higher education degrees such as bachelor degrees, master
degrees, doctorate degrees in several areas of study. . FEU also provides
several academic and non-academic facilities and services to students
including a library, sport facilities and/or activities, financial aids and/or
scholarships, study abroad and exchange programs, as well as
administrative services.

D. Company history
Far Eastern University started out as a dream, born virtually out of its
founders head, Dr. Nicanor Reyes, in 1928 with the help of a reputed
group of educators from the Department of Economics in University of the
Philippines.
The university practically began life as the Institute of Accountancy that
initially offered a three-year program designed to meet the minimum
requirements for the certified public accountant examination.

In order to respond to the needs of the times, the Institute soon branched
out to other fields of study. A year after, it became the Institute of
Accounts, Business and Finance (IABF).

In November 1933, FEU became a result of the fusion of Far Eastern


College which offered courses in the liberal arts founded in 1919 and the
IABF which offered courses in accountancy, economics, business
administration, and banking and finance founded in 1929.

Being the first president of the university, Dr. Reyes envisioned a school
that would promote the teaching of accounting to Filipinos. The 30s and
40s became the building years of FEU.

When the Pacific War broke out, the FEU campus became the
headquarters of the Kempetai (Imperial Japanese Army), right in the heart
or Manila. Aside frome burning and destroying the university records and
facilities, the enemy forces also took the life of the great founder and some
of his family members.

Through bereft of its founding president, the university reopened in 1945


and ran by eminent educators as presidents-Dr. Hermenigildo Reyes,
Jaime Hernandez, Dr. Francisco Dalupan, Clemente Uson, Dr. Leoncio
Monson, Belen Enrile-Guitierrez, Dr. Vidal Tan, Dr. Teodoro Evangelista
and the founders eldest son, Dr. Nicanor Reyes, Jr.

For the past years since its founding, FEU has produced business tycoons,
ambassadors, justices of Supreme Court and other judicial bodies,
technocrats in private and government sectors, finance wizards, acclaimed
physicians, nurses, educators, theater and media luminaries and so many
others in different fields of expertise.

E. Key personnel
Dr. Lourdes R. Montinola Chair Emeritus
Aurelio R. Montinola III Chair
Dr. Michael M. Alba President
Atty. Santiago L. Garcia, Jr. Corporate Secretary and Vice President for
Compliance
Dr. Paulino Y. Tan Trustee
Angelina P. Jose Trustee
Antonio R. Montinola Trustee
Robert F. Kuan Independent Trustee
Dr. Edilberto De Jesus Independent Trustee
F. Industry and competition
Far Eastern University is under the Education industry. FEU neighbors to
a lot of other universities in Manila because it is located in the U-belt or
the University belt. University belt is the unofficial name of a de
facto subdistrict in Manila, Philippines. It refers to the area where there is
a high concentration or a cluster of colleges and universities in the city.
University Belt includes:
Arellano University
Centro Escolar University
College of the Holy Spirit-
De Ocampo Memorial College
Eulogio "Amang" Rodriguez Institute of Science and Technology
Far Eastern University
FEATI University
College of the Holy Spirit
La Consolacion College Manila
Manuel L. Quezon University
National Teachers College
National University (Philippines)
Perpetual Help College of Manila
Philippine School of Business Administration
PMI Colleges formerly Philippine Maritime Institute
San Beda College
San Sebastian College Recoletos de Manila
Philippine College of Health Sciences, Inc.
Polytechnic University of the Philippines
Technological Institute of the Philippines
University of the East
University of Manila
University of Santo Tomas
Mary Chiles College

Taft Avenue
All institutions are all located along or near Taft Avenue stretching from Ermita to
Malate, with a distance long of 2.25 miles (3.60 kilometers) from Universidad de Manila
in the north to De La Salle University in the south.
Adamson University
De La Salle-College of Saint Benilde
De La Salle University
Emilio Aguinaldo College
Philippine Christian University
Philippine Normal University
Philippine Women's University
Saint Paul University Manila
St. Scholastica's College Manila
Santa Isabel College, Manila
Technological University of the Philippines
Universidad de Manila
University of the Philippines Manila
Manila Science High School
Intramuros
All institutions are located within the walled city of Intramuros. It also lies very close in
the northern tip of the Taft Ave. cluster.

Colegio de San Juan de Letran


Lyceum of the Philippines University
Mapa Institute of Technology
Pamantasan ng Lungsod ng Maynila

References: https://www.4icu.org/reviews/3678.htm
www.feu.edu.ph/
http://universitybeltmanila.blogspot.com/2012/11/map-of-university-belt-university-
belt.html

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