The Importance of Changing the Traditional Mode of Higher Education in Bangladesh: Creating Huge Job Opportunities for Home and Abroad
Bangladesh has set its goal to reach upper middle-income country status by 2024. To attain this status, the country must satisfy the World Bank requirement of achieving minimum Gross National Income (GNI). Number of youth job seekers in the country is increasing. University graduates are looking for decent jobs. So, the vital issue of this country is to understand how the GNI and jobs can be increased. The objective of this paper is to address these issues and find ways to create more job opportunities for youths at home and abroad which will increase the country’s GNI. The paper studies proportion of different goods Bangladesh exported, and also the percentage of employment in different sectors. The data used here for the purpose of analysis have been collected from the available literature. These data are then plotted and analyzed. Through these studies, it is concluded that growth in sectors like agricultural, ready-made garments (RMG), jute industries and fisheries are declining and the business community is not interested in setting up capital-intensive industries. Under this situation, the country needs to explore other business opportunities for a higher economic growth rate. Knowledge can substitute the physical resource. Since the country consists of the large youth population, higher education will play a key role in economic development. It now needs graduates with higher-order skills with innovative quality. Such dispositions demand changes in a university’s curriculum, teaching and assessment method which will function young generations as active learners and creators. By bringing these changes in higher education, a knowledge-based society can be created. The application of such knowledge and creativity will then become the commodity of Bangladesh which will help to reach its goal as an upper middle-income country.
Digital Object Identifier (DOI): doi.org/10.5281/zenodo.2702829Procedia APA BibTeX Chicago EndNote Harvard JSON MLA RIS XML ISO 690 PDF Downloads 507
 Park, K. Thomas and Boum, Aomar, Historical Dictionary of Morocco: Scarecrow Press, 2nd ed., 2006, ISBN 978-0-8108-5341-6, p. 348.
 Marianna, Wertz, Education and Character: The Classical Curriculum of Wilhelm von Humboldt, The Schiller Institute, Inc. 2005.
 Evan, Schofer and John, W. Meyer, The Worldwide Expansion of Higher Education in the Twentieth Century," American Sociological Review, 2005, Vol. 70, No. 6, p. 898-920.
 Giannakis, Mihalis and Bullivant, Nicola, The massification of higher education in the UK: Aspect of service quality, Journal of Further and Higher Education, 2016, Vol. 40, No. 5, p. 630-648.
 Ernst and Young, University of the future: Australia, 2012.
 Bangladesh: Share of economic sectors in the gross domestic product (GDP) from 2006 to2016, https://www.statista.com/statistics/438359/share-of-economic-sectors-in-the-gdp-in-bangladesh/.
 Bangladesh Export Promotion Bureau, www.mof.gov.bd.
 Finance Division, Ministry of Finance, Government of Bangladesh, Skills Development: A priority Agenda for Accelerated Growth, 2016, June, p. 51.
 Bangladesh Economic Review2017, https://archive.org/details/ Bangladesh Economic Review20171.
 Bangladesh Economic Update, 2016, February, Vol. 7, No.2.
 Business report, Pharma sector can earn $1b in exports within five years, the daily star, Bangladesh, 2017, 29 March, https://www.thedailystar.net /business/ pharma-sector-can-earn -1b- exports-within-five-years- 1383007/.
 Md. Tasnim, Bangladesh Pharmaceutical Industry 101, Insight, 2017, July 27, https://futurestartup.com/2017/07/27/bangladesh-pharmaceutical-industry-101/.
 Husna, Asmaul, 17 facts you should know about Bangladesh leather industry, https://futurestartup.com/2015/08/23/17-facts-you-should-know-about-bangladesh-leather-industry/.
 Nielsen, Lynge, Classifications of Countries Based on Their Level of Development: How it is Done and How it Could be Done, IMF Working Paper, Strategy, Policy, and Review Department, 2011, February.
 Kallol, Asif Showkat, Per capita income likely to cross $1600 in the next fiscal, Tribute, 23 2017, April, https://www.dhakatribune.com /bangladesh/2017/04/23/muhith-per-capita-income-likely-cross-1600-next-fiscal/.
 University Grants Commission of Bangladesh, http://www.ugc.gov.bd/.
 Labor Force Survey Bangladesh 2016-17, Bangladesh Bureau of Statistics, http://184.108.40.206:8008/WebTest Application/userfiles/Image/Latest Reports/LFS_2016- pdf.
 Broughton, Geoffrey, et al., Teaching English as a Foreign Language, 1994, 2nd ed. London: Routledge.
 Bloom, B., B. Mesia, and D. Krathwohl, Taxonomy of Educational Objectives (Two vols: The Affective Domain & The Cognitive Domain), 1964, New York. David McKay.
 Curriculum 21 edited by Heidi Hayes Jacobs, ASCD 2010.