BRAC Business School (BBS) and Bangladesh Foreign Trade Institute (BFTI) have signed an agreement for launching a Post Graduate Diploma (PGD) programme in international trade and business.
Md. Obaidul Azam, Director of BFTI, and Dr. Sang Lee, Dean of BRAC Business School signed and exchanged the agreement confirming the initiation of the six-month-long PGD programme on Wednesday, said a press release.
The program is expected to launch the first cohort in July 2022.
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The agreement has been signed in continuation of a signed memorandum of understanding (MoU) by the respective heads of the institutions, Vice-Chancellor of BRAC University, Dr. Vincent Chang, and CEO of Bangladesh Foreign Trade Institute, Dr. Md. Jafar Uddin.
Commerce Minister Tipu Munshi, Senior Secretary of Ministry of Commerce Tapan Kanti Ghosh, Chairperson of the Board of Trustees of BRAC University Tamara Hasan Abed, and other important officials from the Commerce Ministry, BFTI and BRAC University were present on the occasion.
The two institutions had jointly developed the curriculum for the diploma program to fulfill the demand for up-skilling professionals engaging in international trade activities.
As Bangladesh prepares to graduate from its LDC status, international trade sectors are expected to face both challenges and opportunities in the competitive international marketplace.
The upcoming PGD program is designed to close the gap between international standards and Bangladesh’s current practices in international trade activities.
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The diploma will deliver knowledge and skills to individuals working in, or planning to work in the foreign trade sector and enhance their professional skills needed to navigate the market for securing improved opportunities for the industries in Bangladesh.
In addition to the launching of the post-graduation diploma program, the two parties agreed to cooperate on research and the designing of other educational programs that will support industries and professionals in the international trade sector, mentioned the press release.