The Hong Kong and Shanghai Banking Corporation (HSBC) and The Asian University for Women (AUW) together announced the launch of the “HSBC-AUW School of Apparel and Retail Management,” a one-year master of science in apparel and retail management program.
The program will be guided by a global academic committee chaired by Dipak C Jain, former dean of the Kellogg School of Management at Northwestern University.
He also served as the dean of INSEAD in France.
The HSBC-AUW School of Apparel and Retail Management will prepare young female professionals with expertise in fashion, merchandising, supply chain management, brand management, and occupational health and safety issues.
Education Minister Dipu Moni sent a video message to the event.
Commerce Minister Tipu Munshi, Deputy Minister for Education Mohibul Hasan Chowdhury, AUW founder Kamal Ahmad, Bangladesh Garment Manufacturers, and Exporters Association President Faruque Hassan, former Denmark prime minister Poul Nyrup Rasmussen, US state department senior official Katrina Fotovat, The Daily Star Editor Mahfuz Anam, and HSBC Bangladesh CEO Md Mahbub ur Rahman, joined the program.
AUW Vice-Chancellor Rubana Huq said the apparel industry in Bangladesh needs a homegrown talent pool, which will serve the needs of the sector.
“So, to prepare cohorts ready to take on the challenge of employability in Bangladesh, AUW is happy to launch the School of Apparel with HSBC Bangladesh,” she added.
Amanda Murphy, head of commercial banking (South and Southeast Asia) at HSBC said that the global apparel industry is evolving rapidly alongside emerging technologies, changing consumption patterns, and an increasing focus on sustainability.
“We are proud to partner with the Asian University for Women to launch the HSBC-AUW School of Apparel and the Master’s program to equip future talent with the expertise to drive continued innovation in Bangladesh’s largest export industry,” he added.
Academic excellence, industry relevance, and social significance would be the defining features of the program. The graduates would be technologically savvy, have superior communication skills, and gain up-to-date, contemporary knowledge and skills needed for apparel and retail management.
Under the program, 13 courses will be offered to students of AUW. And 50 students will be enrolled in the inaugural year.
HSBC will help set up the school by designing Mac labs and providing support for curriculum and faculty, IT and class infrastructure, and education materials.