A Central of excellence with Diligence for Management Education

A Central of excellence with Diligence for Management Education

University of Science and Technology Chittagong (USTC) has opened up a new horizon for the business community of the country by launching 'Faculty of Business Administration' in the year of 1996 - which is indeed a bold step by the university in fulfilling mission.

    

Since last 10-15 years, there has been a major shift in the economic policy of the government. Many Industrial units were denationalized. Privatization in practically all sectors of the economy was encouraged. Incentives and facilities were made very liberal and we have witnessed the emergence of a strong private sector. The transition from a centralized economy to a free market economy and phenomenal technological development made significant impact on the fundamental economic issues and management practices. It is now widely admitted that if Bangladesh is to benefit from the emerging pro-market policies ,it must professionalize industrial management and expand and improve existing management development programmes and facilities.