On 9 May 2006, a budget of ৳56 crore was proposed for Mymensingh Engineering College project in the meeting of the Executive Committee of National Economic Council (ECNEC).
The administration admitted 60 students (by admission test) into the Electrical and Electronic Engineering Department on 4 July 2009.
In the 2008–2009 session, EEE department was introduced as the 1st batch of Mymensingh Engineering College.
The college has an Auditorium Complex having a seating capacity of about 200 which is capable of holding conferences, seminars, and other cultural programs.
Besides this, there are a seminar and conference rooms with limited capacity in engineering degree awarding departments.