MBA in Bangladesh

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Why Study MBA (Master of Business Administration) in Bangladesh

1. Quality Education: Bangladesh has several reputable universities and business schools that offer MBA programs with a focus on modern business practices and global perspectives. These institutions provide quality education and a rigorous curriculum to enhance your business knowledge and skills.

2. Affordable Tuition: Compared to MBA programs in many Western countries, the cost of pursuing an MBA in Bangladesh is generally more affordable. This makes it an attractive option for individuals seeking a high-quality education without incurring excessive student loan debt.

3. Networking Opportunities: Business schools in Bangladesh often bring together diverse groups of students with varied professional backgrounds. This diversity provides excellent networking opportunities, allowing you to build valuable connections that can be advantageous for your career.

4. Industry Exposure: Bangladesh is home to a growing economy with various industries experiencing rapid development. Studying there can provide you with firsthand exposure to the business environment and challenges in the region. This practical experience can be valuable when applying theoretical concepts learned in the classroom.

5. Global Perspective: Many MBA programs in Bangladesh are designed to provide a global perspective on business management. As businesses become more interconnected across borders, having an understanding of international business practices and strategies can be a significant asset.

6. Leadership Development: MBA programs often emphasize leadership and management skills. Studying in Bangladesh can help you develop essential skills such as strategic thinking, decision-making, problem-solving, and effective communication, which are crucial for success in managerial roles.

7. Career Opportunities: Completing an MBA can open up various career opportunities across industries and sectors. Whether you're interested in entrepreneurship, corporate management, consulting, or other fields, an MBA can provide you with a competitive edge in the job market.

8. Cultural Exposure: Studying in Bangladesh can expose you to a rich cultural heritage and diverse society. Interacting with local students and experiencing the culture firsthand can broaden your worldview and enrich your personal growth.

9. Personal and Professional Development: The intensive nature of MBA programs requires students to manage their time efficiently, work in teams, and handle complex projects. This experience can contribute to personal and professional development, enhancing your ability to tackle challenges effectively.

10. Career Acceleration: For individuals who are already in the workforce, an MBA can serve as a catalyst for career advancement. Many employers value the knowledge and skills acquired through MBA programs and view candidates with this degree as potential leaders within the organization.


MBA (Master of Business Administration) Specializations in Bangladesh

University

Course Duration

Specializations Offered

University of Dhaka

1.5 - 2 years

Finance, Marketing, HRM, MIS, IB, SCM

North South University

1.5 - 2 years

Finance, Marketing, HRM, MIS, IB, SCM

BRAC University

1.5 - 2 years

Finance, Marketing, HRM, MIS, IB, SCM

Independent University, Bangladesh

1.5 - 2 years

Finance, Marketing, HRM, MIS, IB, SCM

East West University

1.5 - 2 years

Finance, Marketing, HRM, MIS, IB, SCM

American International University-Bangladesh

1.5 - 2 years

Finance, Marketing, HRM, MIS, IB, SCM

Dhaka International University

1.5 - 2 years

Finance, Marketing, HRM, MIS, IB, SCM

Khulna University

1.5 - 2 years

Finance, Marketing, HRM, MIS, IB, SCM

Stamford University Bangladesh

1.5 - 2 years

Finance, Marketing, HRM, MIS, IB, SCM

Bangladesh University of Professionals

1.5 - 2 years

Finance, Marketing, HRM, MIS, IB, SCM


Admission Intake for MBA (Master of Business Administration) in Bangladesh

1. Spring Intake: This intake usually starts in January or February. It's a popular choice for students who are looking to begin their studies at the beginning of the calendar year.

2. Summer Intake: The summer intake typically starts in April or May. It provides an opportunity for students to start their studies after the completion of the academic year in many cases.

3. Fall Intake: The fall intake is often the most common and competitive intake. It starts around August or September and aligns with the beginning of the academic year in many universities.


Top 10 Universities in Bangladesh for MBA (Master of Business Administration) 

University

Specializations Offered

University of Dhaka

Finance, Marketing, HRM, MIS, IB, SCM

North South University

Finance, Marketing, HRM, MIS, IB, SCM

BRAC University

Finance, Marketing, HRM, MIS, IB, SCM

Independent University, Bangladesh

Finance, Marketing, HRM, MIS, IB, SCM

East West University

Finance, Marketing, HRM, MIS, IB, SCM

American International University-Bangladesh

Finance, Marketing, HRM, MIS, IB, SCM

Dhaka International University

Finance, Marketing, HRM, MIS, IB, SCM

Khulna University

Finance, Marketing, HRM, MIS, IB, SCM

Stamford University Bangladesh

Finance, Marketing, HRM, MIS, IB, SCM

Bangladesh University of Professionals

Finance, Marketing, HRM, MIS, IB, SCM


Tuition Fees for MBA (Master of Business Administration) in Bangladesh

1. Public Universities: Public universities in Bangladesh often offer more affordable tuition fees compared to private institutions. The fees can range from approximately BDT 20,000 to BDT 50,000 or more for the entire program for local students. International students might have higher tuition fees.

2. Private Universities and Business Schools: Private universities and business schools in Bangladesh tend to have a wider range of tuition fees. Depending on the institution's reputation, facilities, and program quality, tuition fees can range from approximately BDT 200,000 to BDT 800,000 or more for the entire program. It's important to note that top-tier institutions with international affiliations might have higher fees.

3. International Students: Tuition fees for international students are generally higher than those for local students. The fees can vary greatly depending on the institution and the specific program. International students should expect to pay significantly more than local students for an MBA program in Bangladesh.

4. Part-Time and Executive MBA Programs: Part-time and executive MBA programs designed for working professionals often have different fee structures. These programs are tailored for individuals who are already employed and might offer more flexible schedules. The fees for these programs can vary widely based on the institution and the program's features.

5. Scholarships and Financial Aid: Some universities and business schools in Bangladesh offer scholarships and financial aid to both local and international students. These scholarships might be based on academic merit, financial need, or other criteria. It's advisable to research and inquire about scholarship opportunities directly with the institutions you are interested in.


Cost of Studying MBA (Master of Business Administration) in Bangladesh

Expense Category

Estimated Cost (per year)

Tuition Fees

BDT 200,000 - BDT 800,000

Accommodation

BDT 60,000 - BDT 240,000

Food

BDT 50,000 - BDT 150,000

Transportation

BDT 12,000 - BDT 36,000

Books and Supplies

BDT 10,000 - BDT 30,000

Personal Expenses

BDT 20,000 - BDT 60,000

Health Insurance

BDT 5,000 - BDT 15,000

Miscellaneous Expenses

BDT 15,000 - BDT 45,000

Total Estimated Cost

BDT 372,000 - BDT 1,376,000


Eligibility for doing MBA (Master of Business Administration) in Bangladesh

1. Educational Qualification: Generally, applicants are required to have a bachelor's degree from a recognized institution. The degree can be in any discipline, but some MBA programs might prefer candidates with a background in business, economics, or related fields.

2. Minimum GPA: Many institutions have a minimum GPA requirement for admission. This GPA requirement can vary but is often in the range of 2.50 to 3.00 on a 4.00 scale.

3. Work Experience: While not always mandatory, some MBA programs prefer candidates with relevant work experience, especially for executive or part-time MBA programs. The amount of work experience required can vary; it might range from no experience required to a few years of professional experience.

4. Entrance Test: Many universities and business schools require candidates to take an entrance test as part of the admission process. The Graduate Management Admission Test (GMAT) is widely accepted, and some institutions might also have their own entrance exams. The test assesses your aptitude in areas such as quantitative reasoning, verbal skills, and analytical writing.

5. English Proficiency: If the medium of instruction is English and your previous education was not in English, you might need to demonstrate your English proficiency through tests like TOEFL or IELTS.

6. Statement of Purpose (SOP): A well-written statement of purpose is often required as part of your application. This is your opportunity to explain why you want to pursue an MBA, your career goals, and how the program aligns with your aspirations.

7. Letters of Recommendation: Some institutions might require you to submit letters of recommendation from professors, employers, or other individuals who can attest to your academic abilities and potential for success in the program.

8. Interview: Shortlisted candidates might be required to attend an interview as part of the selection process. The interview assesses your communication skills, motivation, and suitability for the program.

9. Application Fee: There's usually an application fee that you need to pay when submitting your application.


Documents Required for MBA (Master of Business Administration) in Bangladesh

1. Completed Application Form: Fill out the application form provided by the university or business school. This form will include personal information and details about your educational background.

2. Academic Transcripts and Certificates: You'll need to provide official transcripts and certificates from your previous educational institutions, including your bachelor's degree. These documents should demonstrate your academic achievements and qualifications.

3. Statement of Purpose (SOP): Write a well-structured statement of purpose that outlines your reasons for pursuing an MBA, your career goals, and how the program aligns with your aspirations.

4. Letters of Recommendation: Some institutions might require you to submit letters of recommendation from professors, employers, or other individuals who can attest to your academic abilities, character, and potential for success in the MBA program.

5. Resume/Curriculum Vitae (CV): Provide a detailed resume or CV that highlights your educational background, work experience, skills, achievements, and any relevant extracurricular activities.

6. Entrance Test Score: If the MBA program requires an entrance test like the GMAT, provide your official test score. Some institutions might have their own entrance tests, so follow their guidelines accordingly.

7. English Language Proficiency Test Score: If your previous education was not in English, you might need to provide your scores from English language proficiency tests like TOEFL or IELTS.

8. Passport-Sized Photographs: Typically, you'll need to provide a few passport-sized photographs as per the specifications provided by the institution.

9. Copy of National ID or Passport: You might need to provide a copy of your national ID card (for local applicants) or passport (for international applicants) as a form of identification.

10. Application Fee Payment Proof: Include proof of payment of the application fee, which is usually required when submitting your application.

11. Experience Certificates (if applicable): If the program requires work experience, you might need to provide experience certificates or letters from your previous employers.

12. Other Relevant Certificates: Depending on the program's requirements, you might need to provide additional certificates related to extracurricular activities, achievements, or specialized training.


Scholarships for MBA (Master of Business Administration) in Bangladesh

1. Institutional Scholarships: Many universities and business schools in Bangladesh offer institutional scholarships for both local and international students. These scholarships are often based on academic merit, and some might also consider financial need or other criteria.

2. Government Scholarships: In some cases, government agencies in Bangladesh might offer scholarships for higher education, including MBA programs. These scholarships might be targeted at specific groups of students, such as those from marginalized communities or economically disadvantaged backgrounds.

3. Private Organizations and Foundations: Various private organizations, corporate entities, and foundations in Bangladesh might offer scholarships to support students pursuing higher education, including MBA studies.

4. Industry-Specific Scholarships: Some industries or sectors might offer scholarships to individuals who plan to specialize in areas relevant to that industry. For example, if you're interested in the technology sector, there might be tech-related scholarships available.

5. International Scholarships: If you're an international student, some universities might have scholarships specifically designed for foreign students pursuing MBA programs in Bangladesh.

6. Alumni Scholarships: Some institutions offer scholarships to candidates who are alumni of that institution or its affiliated colleges.

7. Merit-Based Scholarships: Scholarships based on academic excellence are quite common. Students with exceptional academic records might be eligible for these scholarships.

8. Diversity Scholarships: Some institutions might offer scholarships to promote diversity and inclusivity within their MBA programs. This could include scholarships for individuals from underrepresented backgrounds or minority groups.

9. Need-Based Scholarships: A few institutions might provide scholarships based on financial need. These scholarships aim to support students who require financial assistance to pursue their studies.


Jobs and Salary after MBA (Master of Business Administration) in Bangladesh

1. Marketing Manager: Marketing managers are responsible for developing and implementing marketing strategies to promote products or services. They analyze market trends, conduct market research, and oversee marketing campaigns. Salary for marketing managers can range from BDT 600,000 to BDT 1,500,000 or more per year.

2. Finance Manager: Finance managers handle financial planning, budgeting, and analysis. They make strategic financial decisions and manage financial operations within an organization. The salary for finance managers can vary widely, ranging from BDT 800,000 to BDT 2,500,000 or more per year.

3. Human Resources Manager: HR managers oversee recruitment, employee relations, training, and performance management. They play a crucial role in maintaining a positive work environment and ensuring compliance with labor laws. Salaries for HR managers can range from BDT 600,000 to BDT 1,500,000 or more annually.

4. Supply Chain Manager: Supply chain managers manage the movement of goods and materials throughout the supply chain, optimizing efficiency and reducing costs. They coordinate logistics, procurement, and inventory management. Salaries for supply chain managers can vary from BDT 600,000 to BDT 1,800,000 or more per year.

5. Business Analyst: Business analysts analyze data and trends to provide insights that help organizations make informed business decisions. They play a crucial role in strategy development and process improvement. Salaries for business analysts can range from BDT 500,000 to BDT 1,200,000 or more annually.

6. Management Consultant: Management consultants work with organizations to identify and solve business challenges. They provide expert advice on improving efficiency, profitability, and overall performance. Salaries for management consultants can vary widely, typically starting at BDT 600,000 or more per year.

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