Private Universities in Bangladesh
Introduction:
Universities those are not operated by government is called private university. In the beginning of nineties decades Bangladesh government planned to diversify the education sector and approved some private universities. Today, more than 70 private universities operate their activity in the country. But the question is how they are maintaining quality education. Interestingly as like worlds prestigious private universities [Harvard University, Yale University], Bangladeshi institutions are also becoming top universities of the country day by day.
Description of the Industry
Market Size:
Major Players:
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.
Major Challenges and Future Outlook
References:
Universities those are not operated by government is called private university. In the beginning of nineties decades Bangladesh government planned to diversify the education sector and approved some private universities. Today, more than 70 private universities operate their activity in the country. But the question is how they are maintaining quality education. Interestingly as like worlds prestigious private universities [Harvard University, Yale University], Bangladeshi institutions are also becoming top universities of the country day by day.
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 middle and higher middle class family.
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.
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.
1. University Grants Commission Annual Report - 2009.
2. Website of different university.
