Journal Screenshot

International Journal of Academic Research in Economics and Management Sciences

Open Access Journal

ISSN: 2226-3624

Unlocking Potential: The Smart Investment in Education Management for Future Success in Bangladesh

Md. Shafiqul Alam Helal, Oo Yu Hock, Asif Mahbub Karim

http://dx.doi.org/10.6007/IJAREMS/v12-i4/19614

Open access

In the dynamic context of Bangladesh, where education serves as a cornerstone of societal progress, this article explores the imperative of strategic investment in education management. This investment holds the key to unlocking the nation's latent potential and propelling it towards a future marked by success and sustainable development. Bangladesh's education landscape has seen notable advancements, yet challenges like high dropout rates and outdated curricula persist. The essence of effective education management lies in addressing these challenges comprehensively. By modernizing curricula, prioritizing teacher training, integrating technology, refining assessment techniques, and embracing inclusive education, Bangladesh can lay the groundwork for a transformative educational experience. Investing in education management carries numerous benefits. Firstly, it acts as a catalyst for economic growth and innovation, as a skilled and educated workforce that attracts investments and fosters a culture of innovation. Secondly, it promotes social mobility by democratizing access to quality education, enabling individuals from diverse backgrounds to ascend the socio-economic ladder. Additionally, focusing on education management enhances global competitiveness by producing professionals capable of thriving in international markets. Moreover, this investment aligns with sustainable development goals, empowering individuals to contribute meaningfully to their communities. While the Bangladeshi government's commitment is palpable through policies like the National Education Policy, the collaboration of public and private sectors is crucial. Private investment can infuse resources into areas such as infrastructure development, technology integration, and teacher training, augmenting governmental initiatives. In conclusion, this article underscores the significance of investing wisely in education management to shape Bangladesh's future. By amalgamating curriculum innovation, teacher development, technology adoption, and inclusive education, Bangladesh can harness its potential and emerge as a beacon of success on the global stage. This collective effort, embracing education as a cornerstone, promises not only individual success but also the collective advancement of the nation.

Al Qalhati, N., Karim, A. M., Al Mughairi, B., Al Hilali, K., & Hossain, M. I. (2020). Technology and HR Practices in Educational Sector in Sharqiya Governate of Oman. International Journal of Academic Research in Business and Social Sciences. 10(10), 435-443.
Al Qalhati, N., Karim, A. M., Al Mughairi, B., Al Hilali, K., & Hossain, M. I. (2020). Study on Job Satisfaction among Teachers in Sultanate of Oman. International Journal of Academic Research in Business and Social Sciences. 10(10), 422-434.
Bureau, B. (2022). Bangladesh Education Statistics 2021. www.banbeis.gov.bd
Deng, Z. (2022). Powerful knowledge, educational potential and knowledge-rich curriculum: pushing the boundaries. Journal of Curriculum Studies, 54(5), 599–617. https://doi.org/10.1080/00220272.2022.2089538
Diaz-Parra, O., Fuentes-Penna, A., Barrera-Camara, R. A., Trejo-Macotela, F. R., Trejo-Macotela, F. R., Ramos-Fernandez, J. C., Ruiz-Vanoye, J. A., Zezzatti, A. O., & Rodriguez-Flores, J. (n.d.). Smart Education and future trends Aplicación movil para el monitoreo de la calidad de aire en la Zona Metropolitana View project Musicians Intelligent Robots View project Smart Education and future trends. In International Journal of Combinatorial Optimization Problems and Informatics (Vol. 13, Issue 1). https://www.researchgate.net/publication/358164450
Hossain, M. I., Tabash, M. I., Siow, M. L., Ong, T. S., & Anagreh, S. (2023). Entrepreneurial intentions of Gen Z university students and entrepreneurial constraints in Bangladesh. Journal of innovation and entrepreneurship, 12(1), 1-34.
Hossain, M. I., Yagamaran, K. S. A., Afrin, T., Limon, N., Nasiruzzaman, M., & Karim, A. M. (2018). Factors influencing unemployment among fresh graduates: A case study in Klang Valley, Malaysia. International Journal of Academic Research in Business and Social Sciences, 8(9), 1494-1507.
Javed, M., Hock, O. Y., & Asif, M. K., Hossain, M. I. (2020). Assessing the Impact of Emotional Intelligence on Job Satisfaction among Private School Teachers of Hyderabad, India. International Journal of Psychosocial Rehabilitation. 24(4). 5035-5045
The Business Standard. (n.d.). Education gets only 1.83% of GDP. Retrieved October 16, 2023, from https://www.tbsnews.net/economy/budget/education-gets-only-183-gdp-436546
The Daily Star. (n.d.). Invest in the future by focusing on education. Retrieved October 16, 2023, from https://www.thedailystar.net/supplements-old/news/invest-the-future-focusing-education-3229036
Wilson, J. C. M., Kandege, P., Edjoukou, A. J. R., & Teklu, M. T. (2021). Unpacking smart education’s soft smartness variables: Leadership and human resources capacities as key participatory actors. Education and Information Technologies, 26(5), 6267–6298. https://doi.org/10.1007/s10639-021-10599-9

N/A