Business Education System of Some Selected Private Universities in Bangladesh: A Study to Identify Pitfalls and Suggest Improvements

The aim of this paper was to investigate some pivotal shortcomings affecting the business education system of some selected private universities in Bangladesh and suggest some effective measures to subside those problems for making business education more need-based, effective, challenge and practical oriented. The study was conducted through a questionnaire survey method to satisfy the research objectives. Among 15 private universities, data was collected from 267 respondents comprising of teachers and post-graduate students. The questionnaire was piloted in 5 private universities for validity test before formally administering to the sample respondents. The respondents were interviewed about problems of business education of the selected private universities. They identified some crucial problems of business education were acute shortage of faculties’ corporate knowledge, better communication skill, up-to-date case based study and executive training; lack of faculties’ in-depth knowledge, field of specialization and English language proficiency; lack of adequate business research; slow system of promotion; weak university and industry linkage; lack of faculties’ training and professional development etc. On the basis of the study it is recommended that teachers should be specialized; proficient in English language; business research, corporate leadership and professional oriented having in-depth knowledge of global business; efficient in case-based problem solving. Key w ords: Business education, professional knowledge, university industry linkage, Business Research