The university was sponsored and funded by the International Business Agriculture & Technology (IBAT) Trust.
Presently known as NUB Trust (NUBT), a registered, non-political, non-profit voluntary organization.
[2] In 2002, Northern University Bangladesh was established by the International Business Agriculture & Technology (IBAT) Trust, a registered, non-political, non-profit voluntary organization, NUB made its foray into the field of higher education.
Presently Northern University Bangladesh (NUB) has 5 Faculties situated within the Dhaka Metropolitan City with its Permanent Campus near Haji camp at Ashkona, Dakshin Khan.
NUB has been authorized to confer degrees and certificates in branches of knowledge including Business, Arts & Humanities, Science and Engineering, Law, Pharmacy and Public Health within the levels that include Bachelors, Masters & is in the process of acquiring the level of MPhil & Ph.D. in collaboration with foreign universities.