Bangladesh University was established in 2001 by the President of the Board of Trustees in cooperation with the management of Mohammadpur Preparatory Higher Secondary Girls’ School and Sponsor Trustees. It is a nonprofit organization and is registered under the Trust Act. The Board of Trustees is composed of 8 Sponsor Trustees and 5 Trustees of Moahammadpur Preparatory Higher Secondary Girls’ School. All major policies, financial matters and budget are decided by the Board of Trustees.