Higher education in Bangladesh is undergoing transformation. In 1992, Bangladesh introduced the Private University Act in order to promote private investment in higher education. The strategy was adopted because nearly 100,000 students leave Bangladesh for higher studies as they cannot secure a place in the public universities which is pretty few. As a result of the Private University Act, dozens of universities started operating in Bangladesh, mostly funded by philanthropists and business entrepreneurs. By 2006, Bangladesh has 73 private universities (13 are new universities approved in the past 2 years) and 34 public universities. Yet only about 20-25% students can get admission into the universities in Bangladesh. Moreover, due to seat limitations many students cannot secure their admission into the area of their choice. This has created a demand for seeking admission into universities abroad. As such, UK, Australian, Canadian, Malaysian, Singaporean, Indian, and US universities have appointment agents to recruit undergraduate and graduate students from Bangladesh. There are also many centers for teaching students in English proficiency to prepare students for IELTS/TOEFL. In 2013, number of students sitting for GRE exam surpassed the total seat capacity of the exam centers in Bangladesh implying a significant rise of admission seekers for universities abroad. Many students travelled to Bangkok and Kathmandu to write their GRE exam. Similarly, both IDP and the British Council (providers of exam facilities for IELTS) are now competing in Bangladesh for students. Realizing this, the Government of Bangladesh agreed to activate a clause of the Private University Act, 2010 and issued a statutory order to allow foreign universities to open branches or study centers in Bangladesh. The rule has been approved by the government on April 26, 2014 and has published it as a Statutory Regulating Order of the Government of Bangladesh on May 31, 2014. This order has now opened a new window of opportunity for foreign universities who are interested to enter into a million student market in Bangladesh.
A DREAM COME TRUE
Based on this background, Insight Institute of Learning took an initiative in 2014 to bring foreign universities in Bangladesh. Insight Institute of Learning is an institution built with collaboration from Academics and Educational Entrepreneurs who have been dreaming to build an excellent higher learning institution in Bangladesh. In a globalized world, INSIGHT believes that higher education must be globalized in the 21st Century and for that international institutions must collaborate across the countries. Realizing this, and taking queue from revolutionary step of the Government of Bangladesh for allowing higher learning institutions to locate in Bangladesh, INSIGHT began negotiation with UNIVERSITI SELANGOR (UNISEL), Malaysia - a public university in Malaysia. The initial break through was completed with active support from Professor Rafiqul Islam Molla, who introduced INSIGHT with UNISEL.
MOU WITH UNISEL
On 27 November 2015 Insight Institute of Learning signed an MOU with the Universiti Selangor, a wholly state-owned university of the State of Selangor, Malaysia to open a Branch Campus of the University in Dhaka. Prof. Syed Ferhat Anwar, Chairman, INSIGHT Institute of Learning and Prof. Dr. Anuar Bin HJ Ahmad, President & Vice Chancellor of Universiti Selangor (UNISEL) signed on their behalf.
AGREEMENT WITH UNISEL
On 27 August 2016 INSIGHT Institute of Learning and Universiti Selangor (UNISEL) Malaysia signed Agreement to open the branch of the Universiti Selangor (UNISEL) in Bangladesh. Professor Dato' Dr Mohammad Redzuan Othman, President and Vice Chancellor of UNISEL and Professor Syed Ferhat Anwar, Chairman of INSIGHT Institute of Learning signed the agreement on their behalf. The Deputy High Commission of Bangladesh to Malaysia His Excellency Faisal Ahmed was also present as the Guest of Honor.
APPLICATION TO UGC
On November 10, 2016 INSIGHT applied to the University Grants Commission of Bangladesh as per the rule.