On the same year, Dean Conrita T. Tudtud together with Prof. Erwin Vincent G. Alcala, Atty. Absalon G. Apostol, Dr. Catalina P. Abeto, Dr. Victoria C. de la Cruz, Prof. Eunice Tudtud-Pagatpat, and Prof. Carmelita A. Sustento, and the faculty founded Saint Paul’s Business School of Tacloban (SPBST) now Saint Paul School of Business and Law (SPSBL) to accommodate graduating seniors. Around 200 enrolled in two academic programs – accountancy and commerce and one made it as a certified public accountant (CPA) the following year.
Three years later, from a rented and abandoned public wet market set as its campus in Marasbaras, Tacloban City (now the Robinsons Place Tacloban), SPBS transferred to a one hectare space along the Campetic road in Palo, Leyte where a new building stood to serve an expected increase in the enrolment. And dramatically increase the enrolment figures did until it reached a high 4,000 plus students spread in some nine programs; rose to become 4th best accountancy school in the Philippines and the 6th biggest producer of CPAs in the country based on the May 2013 CPA Licensure Examinations. In its 19 years of providing quality tertiary education to Eastern Visayas, SPSBL graduates demonstrated exemplary performances both in Philippine and Global Licensure Examinations. It has produced topnotchers in the Philippine CPA Examination (a First, Second, Fifth, and Tenth Placers plus a good number in the Top 20), two Global Top 5 in the Worldwide Certified Internal Auditor Licensure Examination and a Top Scorer in the Global Certified Information Systems Auditor Licensure Examination.
In November 2013, SPSBL was ready to present the school for the first visit of private group of accreditors, a first among private higher education institutions in the region but Supertyphoon Yolanda foiled such initiative.