ULAB's founder, Kazi Shahid Ahmed, believes in creating works that benefit the people of Bangladesh and are of service to the country. In this spirit, he created a place of learning where well-rounded students would be fully steeped in the values of their own heritage, yet trained to face the modern global workplace.
The sponsors planned for many years, and the idea of the University was initiated at a public colloquium, in February of 2002, attended by leading academics, cultural figures, and entrepreneurs.
Permission for the opening of ULAB was received from the University Grants Commission (UGC) of Bangladesh in November of 2003.
ULAB was formally launched at a ceremony on October 1, 2004. For its first two years the university operated from its original campus in Mohakhali, Dhaka.
The new, purpose-built campus in the heart of Dhanmondi was opened in the Fall of 2006. This brand-new, fully dedicated building has all modern facilities, laboratories and libraries available for its students.
In the Summer of 2008, ULAB opened its second campus, also in Dhanmondi.
Through its first-ever Convocation on July 20, 2010, ULAB established itself as a recognized quality educational institution, with a long-term vision to the future.
His Excellency Md. Zillur Rahman, the Hon'able President of the People's Republic of Bangladesh, and Chancellor of the University of Liberal Arts Bangladesh, kindly consented to preside over the Convocation Ceremony and confer the degrees.
ULAB's second Convocation was held on November 18, 2012.
The Speaker of the Convocation was Nobel Laureate and Ex-President of the Democratic Republic of Timor-Leste His Excellency José Ramos-Horta. 704 students from both undergraduate and graduate programs walked in the Convocation.