Professor Dr M Alimullah Miyan was a professor at the University of Dhaka who had directed its Institute of Business Administration. On 27 July 1989 he submitted to the government the proposal for a non-government university. IUBAT opened in 1991, and the BBA degree was introduced in Bangladesh when degree programmes began in 1992 under an agreement with Assumption University, Bangkok.
He served as Founder Vice-Chancellor until his death in May 2017. The university's research institute, the Miyan Research Institute, carries his name, and the annual Miyan Publication Reward recognises faculty research.
Higher education for every qualified person, with finance for the meritorious but needy.Professor Dr M Alimullah Miyan
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The news section carries the university's annual remembrance on his death anniversary.