North South University

SU : A BRIEF HISTORYN UT NORTH SOUTH UNIVERSITY North South University ( NSU ) , the first private university in Bangladesh , was established in 1992 by the then Foundation for Promotion of Education and Research ( FPER ) , a charitable , non - profit , non - commercial and non - political organization . The FPER later was renamed as the NSU Foundation and is presently called The North South Foundation for Education and Research . The Foundation is comprised of a group of eminent industrialists , prominent patrons of education , notable philanthropists , widely experienced academics and senior civil servants of the country . In the early 1990s , they had a dream to set up a world - class university as a center of excellence in higher education in the private sector . Their dedication , tireless efforts , and hard work paved the way for the approval of the establishment of NSU . Since , at that time , there was no relevant law in the country to set up and operate a university in the private sector , they took the entire burden on themselves and extended their best efforts in assisting the then government in formulating the relevant law and enacting it . Subsequently , the government , pursuant to the newly enacted law the Private University Act ( PUA ) -1992 ( now repealed by PUA - 2010 ) , approved the establishment of NSU . The University was formally inaugurated on 10 February 1993 and started its journey in a very modest way . Later , in 2012 , the NSU Foundation , in the light of the PUA 2010 and as instructed by the Ministry of Education and the University Grants Commission , formed the NSU Trust with the same group of people as the Foundation and vested the entire