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Private Universities trend in Bangladesh

The initiative of establishing Private universities in Bangladesh took place in 1980 but due to some reasons i.e. political turmoil it took a decade to be in functioning in 1992. A proper guideline along with all legal rules and regulation established to facilitate the higher education. Present status of public and private universities: Total 37 public universities and 85 private universities are listed in UGC website. UGC declared the name and address of 78 universities where students can enroll themselves and rest 7 universities are running their operation under certain circumstances of court order.

Entry Strategy: Bangladesh Digital Signature Industry

Digital Signature electronically authenticates the author of any document. It encrypts documents with digital codes which is almost impossible to duplicate. For example, a CEO can provide approval to any project through email with digital signature. Digital Signature ensures that the email is not altered in the way and the CEO cannot deny his approval. Digital Signature Industry of Bangladesh Digital Signatures are provided by Certifying Authorities (CA). As Bangladesh Economy is growing and getting digitized, need of digital security is also increasing. Here is the current situation. 2011: Digital signature is controlled by Controller of Certifying Authorities(CCA) that was established in 2011 . National Information & Communication Technology Policy- 2009 provides directions to introduce Digital Signature earlier. It is regulated by Information and Communication Technology (Amended) Act, 2006. 66% vs. 6 : A research revealed that internet adoption in business will be...

Opportunities & Threats of Private University Industry of Bangladesh

Private university industry of Bangladesh experienced a boom within first 20 years as the rise of universities accelerated. In 2013, the total number of private universities was 79, with 10 new private universities waiting for approval from government in 2014. Opportunities of  private university industry of Bangladesh Due to political instability private universities have better image than public universities Public universities cannot fulfill the demand of higher education In order to get social recognition, top most business entrepreneurs becoming interested to be the members of the Board of Trustees. As a result donors’ donation can be utilized in quality improvement of various sectors Most of the private universities are in commercial area Most of the private universities have less number of full-time faculties Education standard of private universities is increasing Projects and assignment assigned to the students are more practical and realistic Course Cu...

PEST Analysis on Private University Industry of Bangladesh

Private universities of Bangladesh started functioning in 1992. The industry has gone through continuous growth over the period. Many new organizations came forward with new universities. Political, Economic, Social & Technological analysis of the industry is described here. Political and Legal Environment Political leaders for their own benefit sometime exploit the students. Public universities’ students are the target group of political leaders. Those universities are so much politicized that for example, exams cannot occur in time. The student cannot pass their exam in time. In this aspect private universities are in much better truly they don’t have any external political influence. This one of main reasons that the students are becoming interested for private university day by day. Economic Environment To set up a private university a big amount of money should be deposited to the government fund. And private universities are fully dependent the donor’s donation and the money ...