Abstract:
BRAC University (“the University”) is a private institution of higher education, established in
2001 under clause 6(1) of the Private University Act 1992 (later superseded by the Private
University Act 2010) upon approval and certification of the Ministry of Education of the
Government of the People’s Republic of Bangladesh. It was founded as a branch of the BRAC
organization by Sir Fazle Hasan Abed, KCMG; Founder & Chairperson of BRAC.
BRAC University currently offers undergraduate and graduate degrees to more than 9,000
students. In 2017, BRAC University was ranked No. 1 private university in Bangladesh by QS
Asian University Rankings. BRACU believe, the strong higher education institutions can make a
contribution to national development. Key aspects of the university’s role are providing the
highest-quality teaching in the region at a reasonable cost and producing the talent and leadership
that society requires.
The broad aim of BRACU is to create functional elite responsive to the needs of the whole of
society. This includes providing the tools required in health, education, governance and business
for producing citizens committed to work towards national progress. At present BRACU have
391 full time faculty members and 240 part-time, course contract, visiting faculty members and
teaching facilitators. In addition, the University employed 242 administrative staffs and 153
service staff and 234 project staff.
Along with twenty different administrative departments there is one department named Asset
Management Office (AMO) and that particular department has taken the responsibility of every
single fixed asset of every particular location of BRACU. AMO is responsible for buying,
replacing, maintain, repairing the old one, keeping record of every particular asset, asset validity
checking, and finally send the asset in auction when the validity is over of any particular asset.
To do this AMO use Fixed Asset Management System (FAMS) software and put tag number to
every single asset. AMO is maintaining the balance of fixed asset and helps to prepare an error
free financial statement by providing more accurate free information.
Description:
This thesis submitted in partial fulfillment of the requirements for the degree of Bachelor in Business Administration of East West University, Dhaka, Bangladesh.