Private University in Bangladesh

Assignment on
Private University in Bangladesh

Course: BUS 690 # 2, Spring 2018
Submitted To
M. Nazmul Amin, Ph.D

Monash Business School, Australia
ALA Scholar
Submitted By
Sharmin Binte Zahed

ID 152 1809 660
School of Business and Economics

North South University
Date of Submission: 24/02/2018

Introduction:
Private university in Bangladesh play very important role in the overall development of the country.
Establishment of private universities in Bangladesh was initiated after the institution of the Private
University Act 1992.[1] There are 80[2] such universities that are operational in five out of seven
divisions of the country. Another 12 universities has been approved by UGC recently but yet to start
operation. So the total number of approved private university is now 92 (as of February 2016).
Description of the Industry

Market Size:
According to University Grants Commission's report 2009; 200,949 students were studying in 51
private universities. It is assumed that the number is now more than 300,000. Though most of the
private universities are situated in urban areas like Dhaka and Chittagong, a larger portion of students
are from the cities. Students from rural area's also studying in private universities and the number is
also significant. In all respects students of private universities are from rich, higher middle and middle
class family.
Ranking of first 25 Private Universities in Bangladesh 2018 (Updated in December 2017)
1. BRAC University (BRACU)

2. North South University (NSU)
3. Independent University Bangladesh (IUB)
4. Ahsanullah University of Science and Technology (AUST)
5. East West University (EWU)
6. United International University (UIU)
7. University of Asia Pacific (UAP)
8. American International University-Bangladesh (AIUB)
9. Daffodil International University (DIU)
10. Green University of Bangladesh
11. University of Liberal Arts Bangladesh
12. Southeast University
13. International University of Business Agriculture and Technology
14. Eastern University Bangladesh
15. Stamford University Bangladesh
16. International Islamic University Chittagong
17. University of Development Alternative
18. State University of Bangladesh
19. Bangladesh University of Business and Technology
20. Northern University Bangladesh
21. ASA University Bangladesh
22. University of Science & Technology Chittagong
23. Primeasia University
24. Chittagong Independent University (CIU)
25. BGMEA University of Fashion & Technology
Major Players:
Different kinds of private universities are in Bangladesh. These can be classified into 4 categories
based on quality of education. Universities like NSU, Brac, East West, UIU, IUB and AIUB which
are also costly is supposed as A grade university among students. Cost effective and quality education
is provided by B grade universities like Stamford, ULAB, IUBAT and UAP. C grade universities are
those which are not providing quality education rather operating for profit. Darul Ihsan, Prime Asia,
Presidency etc. belongs to this category. Bangladesh government recently approved some universities
of those some does not start operation in full run yet. These can be categorized as a D grade
university.
Products and Services:

Most of the universities offer same kind of undergraduate and and graduate programs. Popular
programs are business administration, engineering and social science etc. Besides these some
universities offers degrees in creative fields like Fine Arts, Media and Journalism etc.
Market Potentials:
Weakness:
 Teacher in Private Universities: For opening a new course it is mandatory to appoint 3 full
time senior faculties with a professor and required number of part-time teachers. But most of
the PUs are far from this obligation. A few universities are attracting full-time teachers with
good academic background and higher degree offering high salary and allowances.
 Dhaka Based Private University: In the expansion of secondary and higher secondary level
education, the demand of higher education is equally increasing in the whole country, not in
any specific area. But Private universities are centralized in Dhaka. Other than some outer
campuses, in Rajshahi, Khulna, Barisal and Rangpur division there is no PU.
 Dominated by two subjects: Private universities are offering market oriented or job oriented
subjects. According to Act a PU at least need to open two faculties. So, BBA and Computer
science are the common courses offered in private universities under two faculties.
Major Challenges and Future Outlook
Private universities have different kinds of problems in their fields. Most universities could not
facilitate required lab, logistic support and skilled teacher for financial problem. Campuses are in
small apartment building and classes are organized in tiny classroom. Universities needed to be in a
large land space. Bureaucratic problem creates obstacle in running the university, sometimes it is too
tough to get approval of new courses. Nowadays, makeup classes are mandatory due to political
instability.
On the other hand, private universities have a great future. At present a larger portion of professionals
of the country's job sector is graduated from private universities. It played a role to create leader,
organizer, marketer, IT professional etc. Bangladeshi private university students in recent days
awarded different international events, their works with different international organization like
NASA. Few private universities are planning to introduce doctoral programs in many fields. It will
open the door of research for Bangladeshi students.
References:
1. "Private University Act 1992". Archived from the original on 2003-04-25. Retrieved 2008-
03-28.
2. "List of Private Universities". University Grants Commission of Bangladesh. Archived from
the original on 8 August 2011. Retrieved 24 November 2015
3. "BRAC University". University Grants Commission of Bangladesh. Archived from the
original on 2008-04-06. Retrieved 2008-03-26.
4. "North South University". University Grants Commission of Bangladesh. Archived from the
original on 2008-04-06. Retrieved 2008-03-26.
5. "American International University-Bangladesh". University Grants Commission of
Bangladesh. Retrieved 2016-11-01.
6. "Independent University of Bangladesh". University Grants Commission of Bangladesh.
Archived from the original on 2008-04-06. Retrieved 2008-03-26.
Web link
http://www.ugc.gov.bd/en
http://article.sciencepublishinggroup.com/html/10.11648.j.ijfbr.20160204.11.html#paper-abstract
http://www.thedailystar.net/private-universities-in-bangladesh-an-effective-innovation-in-higher-
education-26139
http://www.mppg-nsu.org/attachments/119_Nasr_edu.pdf
http://prouroblog.blogspot.com/2013/11/private-universities-of-bangladesh.html
http://123.49.46.157/bitstream/handle/10361/762/Rezwanul.Huque.Khan.pdf?sequence=1
http://unesdoc.unesco.org/images/0015/001501/150151e.pdf

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Assignment on

Private University in Bangladesh

M. Nazmul Amin, Ph.D

Sharmin Binte Zahed

School of Business and Economics

Date of Submission: 24/02/2018

Description of the Industry

Ranking of first 25 Private Universities in Bangladesh 2018 (Updated in December 2017)

1. BRAC University (BRACU)

Products and Services:

Major Challenges and Future Outlook

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