Cost of Obtaining an MBA Degree in Bangladesh

The cost of obtaining an MBA degree in Bangladesh can vary widely depending on the institution, program type, and duration. As of the latest data available as of August 2023, here are the approximate costs:

Public Universities

Tuition fees for MBA programs at public universities can range from BDT 30,000 to BDT 150,000, or approximately $30 to $150 for the entire program. These lower fees make public universities an option for students on a budget.

Private Universities

Private institutions typically charge higher fees. The total cost can range from BDT 200,000 to BDT 800,000, or approximately $2,000 to $8,000. Private universities often provide more flexible class schedules and additional resources, but the cost reflects these amenities.

International Programs

Some universities offer internationally recognized MBA programs, which can cost significantly more. These programs often exceed BDT 1,000,000, or approximately $10,000. The high cost is due to the international recognition and the prestige associated with these programs.

Additional Costs

It’s crucial to consider additional expenses beyond tuition, such as textbooks, materials, and living costs. These expenses can add to the overall expense of pursuing an MBA in Bangladesh.

Ways to Obtain an MBA in Bangladesh

There are multiple ways to obtain an MBA degree in Bangladesh:

Public Universities

Public universities in Bangladesh offer MBA programs. The most reputable business school in Bangladesh, IBA (Institute of Business Administration), has been offering MBA programs for many years. Unfortunately, IBA is also the most expensive option. Other public universities offer MBA degrees at a lower cost.

Private Universities

There are over 50 private universities in Bangladesh, most of which offer MBA degrees. The cost ranges from BDT 300,000 to BDT 500,000, or approximately $3,000 to $5,000. Both day and evening classes are available, providing flexibility for working professionals.

Open University

The Bangladesh government offers degrees and diploma courses through the Open University. The School of Business within the Open University offers MBA programs via distance learning. The cost for an MBA degree from the Open University is approximately BDT 50,000, or about $500.

Specific University Information

To get the most accurate and current fee structures, it is advisable to check specific universities directly. This page serves as a quick reference for all universities in Bangladesh:

Public Universities: Bangladesh has 32 public universities, including a few technology/technical institutes. Private Universities: Over 50 private universities with MBA programs. Open University: The School of Business within the Open University offers distance learning MBA programs.

For more detailed information, use this link List of universities in Bangladesh.

The cost of an MBA in Bangladesh provides students with a diverse range of options to achieve their educational goals. By considering the various institutions and costs, prospective students can make informed decisions and choose the best path to their career aspirations.