Bangladesh, with its 165 million people and growing economy, is rapidly becoming a key player in the global market. Over the past decade, the country has seen impressive growth, mainly due to its $31.5 billion ready-made garment (RMG) industry and strong remittance inflows. In 2021, Bangladesh’s GDP hit $354.24 billion, with a growth rate of 6.94%. As it nears graduation from Least Developed Country (LDC) status in 2026, Bangladesh is attracting more foreign investment, especially in sectors like apparel, light manufacturing, energy, and infrastructure.
Bangladesh is also expanding into the information technology (IT) sector. This shift provides a great opportunity to utilize its young and energetic workforce and address unemployment by offering skills training for global jobs in Bangladesh that are in demand worldwide.
To make the most of this opportunity, it’s essential to develop a workforce that meets global standards. While textiles, agriculture, and remittances have fueled growth, many workers remain unskilled or semi-skilled. This highlights the need for improved education and vocational training to help people qualify for better-paying and specialized jobs through certification courses for Bangladeshi professionals.
NeXgen Global Group is here to help meet this need. We’re a forward-thinking organisation working in Education, Bangladeshi talent development and digital skills training in Bangladesh to prepare skilled professionals for the future. Our brands, such as Melbourne Metropolitan College, Victorian International Institute of Technical Education (VIITE), and Langford English College, offer practical, industry-focused education and training.
We’re committed to Bangladesh workforce globalization, developing and employing Bangladesh’s talented workforce on a global scale, supporting the country’s goal to become a key player in the international job market.
The Growing Demand for Skilled Professionals Globally
The workplace is rapidly evolving with challenges like generative AI, return-to-office policies, and a competitive talent market. To stay ahead, talent acquisition (TA) professionals need to update their skills and tools. As we move beyond the COVID-19 pandemic, several trends are reshaping talent acquisition:
- AI Integration: AI is transforming recruitment by automating repetitive tasks, boosting efficiency, and improving the hiring process.
- Global Talent Access: Remote work has expanded talent pools, enabling companies to hire skilled professionals from anywhere in the world. In 2023 alone, IT outsourcing reached $519 billion.
- Bounty Recruitment: Referral platforms are changing the hiring landscape by reducing the need for traditional agencies and lowering costs.
- Asynchronous Working: Flexible working hours, especially in tech, are becoming more popular, enhancing productivity and work-life balance.
- Diversity, Equity, and Inclusion (DEI): Companies are prioritising diversity in the workplace, with NASDAQ now enforcing DEI criteria for listed companies.
- Data-Driven Recruitment: HR teams are increasingly using data analytics to refine their hiring processes, focusing on metrics like time-to-fill and cost-per-hire for better decision-making.
- Skill-Based Hiring: There’s a shift towards valuing practical skills over formal degrees, with alternative learning pathways like boot camps gaining recognition.
- Gig Economy: Freelancing is on the rise, offering companies more flexibility and a broader range of talent.
- Digital Recruitment Marketing: Companies are using digital platforms to attract top talent, tailoring job ads to match candidate preferences.
The Impact of Digitalization
Digitalization is transforming industries, creating new job opportunities in areas like digital skills training in Bangladesh, data analysis, cybersecurity, and digital marketing. While it brings benefits like increased efficiency and cost savings, it also presents challenges, such as job displacement, skill gaps, and economic inequalities.
Skill training for global jobs in Bangladesh is crucial in bridging these gaps, ensuring the workforce is ready for the demands of the global job market. Job readiness programs in Bangladesh are tailored to equip individuals with the necessary skills, making them competitive on an international level. Moreover, cross-cultural training for Bangladeshi professionals is essential for effective integration into diverse work environments, addressing the nuances of different cultures.
How NeXgen Global is Meeting This Demand
NeXgen Global is at the forefront of addressing the growing need for skilled professionals. Through its brands—Melbourne Metropolitan College, VIITE, Langford English College, ISSA, Dgen Academy, AiBotics Digital, Global Talent Connect, and Skills Australia—NeXgen Global offers innovative education, training, and recruitment solutions. By focusing on practical skills and digital intelligence, NeXgen Global empowers individuals and organisations to succeed in today’s rapidly changing digital landscape.
The State of Talent in Bangladesh
Bangladesh is currently benefiting from a demographic dividend, with over 65% of its population in the working-age group. This presents a great opportunity for economic growth if properly harnessed. However, the country faces challenges in education and skill development. The educational system often lacks strong connections between employers and Technical and Vocational Education and Training (TVET) institutions, leading to a mismatch between skills and job market needs. Programs like the Skills for Employment Investment Program (SEIP) and Skills and Training Enhancement Project (STEP) are working to address these issues by offering market-focused training and improving training quality.
Despite economic growth, Bangladeshi professionals encounter difficulties in accessing global markets due to inadequate infrastructure, regulatory inefficiencies, and political instability. Issues like unreliable power supply, inefficient regulations, and labor safety concerns in sectors like Ready-Made Garments (RMG) hinder global market access. E-commerce opportunities are also limited by challenges such as payment gateway restrictions and logistical problems.
To fully realize its talent potential, Bangladesh must enhance infrastructure, streamline regulations, and address labor issues. NeXgen Global is committed to supporting this transformation by focusing on education, digital intelligence, and global talent recruitment, helping the country’s skilled workforce succeed in the global market.
NeXgen Global’s Approach to Skill Development
NeXgen Global is transforming talent development in Bangladesh with its innovative approach to modern education on digitalization and vocational training. Our goal is to equip individuals with the skills needed to excel in today’s fast-changing job market.
Innovative Educational Programs and Vocational Training
We provide cutting-edge educational programs and vocational training tailored to the needs of Bangladeshi students. Our institutions, including Melbourne Metropolitan College and the Victorian International Institute of Technical Education, offer industry-focused courses in areas like Information Technology, Cyber Security, and Digital Marketing. These programs are designed to prepare both Bangladeshi immigrants and local Australians for real-world challenges, ensuring they are ready to thrive in various professions.
Integration of Advanced Technologies and Industry Insights
At NeXgen, we incorporate the latest technologies and industry insights into our training. This ensures that our curriculum stays relevant and aligned with Bangladesh workforce globalization. Through practical, hands-on experiences, our students gain the knowledge and skills needed to meet the demands of the global job market.
Through aligning our programs with international standards, NeXgen Global is helping bridge the skills gap and enhance the employability of Bangladeshi talent, paving the way for a brighter future in the global job market.
Equipping Bangladeshi Talent for Global Markets
In today’s world, success depends on having the right skills. NeXgen Global Group is committed to preparing Bangladeshi talent for the global stage by focusing on key areas like digital intelligence, leadership, and industry-specific expertise.
Key Skills and Tools Provided
NeXgen equips its trainees with essential skills that are highly valued in the global market:
- Digital Intelligence: With technology evolving rapidly, digital skills are crucial. NeXgen’s Dgen Academy offers training to help individuals master the latest technologies and use digital tools to drive growth and efficiency.
- Leadership: Strong leadership is vital for managing teams and achieving success. NeXgen’s leadership programs develop future leaders who can navigate complex environments and lead with confidence.
- Industry-Specific Expertise: NeXgen tailors its training to meet the needs of different industries, ensuring graduates are well-prepared for specific career paths. Programs from institutions like Melbourne Metropolitan College and the Victorian International Institute of Technical Education are updated regularly to reflect the latest trends and advancements.
Preparing for Global Market Demands
To meet global market demands, NeXgen integrates real-world insights into its training. They take several steps to ensure that its trainees are ready to meet global market demands:
- Real-World Insights: Training programs provide practical knowledge from industry experts, helping trainees understand global market trends and prepare for real-world challenges.
- Industry Collaborations: By partnering with edtech companies like VIITE and Global Heights, NeXgen keeps its curriculum up-to-date, closing the skills gap and keeping trainees competitive internationally.
- Holistic Support: NeXgen offers extensive support for international transitions and career development. With help from sister concerns like Langford English College and Global Talent Connect, trainees receive the language skills and recruitment support needed to thrive in the global market.
Employment Opportunities through Global Talent Connect
Global Talent Connect plays a crucial role in skill training for global jobs in Bangladesh and in positioning Bangladeshi talent development on the global stage. As part of NeXgen Global Group, the organisation focuses on addressing critical Bangladesh workforce globalization by sourcing and training professionals from Bangladesh. With state-of-the-art cross-cultural training for Bangladeshi professionals centers in Bangladesh, Global Talent Connect ensures that candidates are not only skilled but also culturally prepared to excel in their new roles.
Sectors and Industries Where Bangladeshi Professionals Excel
Job readiness programs in Bangladesh are crucial as Bangladeshi professionals are making notable progress in various industries, especially in technology, healthcare, and engineering. In the technology sector, there’s a strong demand for software engineers, data scientists, and cybersecurity experts—areas where Bangladeshi talent is thriving. The healthcare industry also continues to seek skilled nurses, aged care workers, and medical specialists from Bangladesh to address global shortages. In engineering, Bangladeshi professionals are contributing significantly in civil and mechanical engineering, helping to meet infrastructure demands in countries like Australia.
Benefits of NeXgen’s Global Network
Being part of NeXgen’s global network offers significant benefits for Bangladeshi professionals. Through Global Talent Connect’s extensive database and global reach, candidates have unmatched opportunities for career growth. The organisation’s specialized recruitment services ensure that professionals are matched with roles that suit their expertise. AAdditionally, Global Talent Connect emphasizes certification courses for Bangladeshi professionals, focusing on digital skills training in Bangladesh to keep professionals relevant in a rapidly changing job market.
Also, Global Talent Connect uses AI and data analytics to quickly match candidates with employers, giving Bangladeshi professionals a global edge.
Impact on the Bangladesh Economy
Bangladesh’s rapid economic growth and expanding consumer market highlight its potential as a global player. With an average GDP growth rate of 6.4% from 2016 to 2021 and a projected growth of 5.7% for 2024-25, the country is making significant progress in sectors like fintech, logistics, e-commerce, and textiles.
However, challenges such as inadequate infrastructure, high poverty levels, and a heavy reliance on agriculture remain. Addressing these challenges and seizing growth opportunities are crucial, and initiatives like those by NeXgen Global Group are key to this process.
Contribution of NeXgen’s Initiatives to the Local Economy
Skill training for global jobs in Bangladesh is essential in tackling these challenges and equipping the workforce for emerging opportunities. NeXgen Global Group is making a significant impact on the Bangladeshi economy through its comprehensive approach. By focusing on education, digital intelligence, and global talent recruitment, NeXgen is addressing the skills gap and promoting economic development. Its educational initiatives, provided through institutions like Melbourne Metropolitan College and the Victorian International Institute of Technical Education (VIITE), offer vocational training in areas like IT, automotive technology, and community services. This training enhances local employability, aligning skills with market needs and boosting economic growth.
Through Dgen Academy and AiBotics Digital, NeXgen imparts essential digital skills and marketing strategies. This focus on digital competencies helps local businesses adopt advanced technologies, improve their digital presence, and expand their market reach. As a result, Bangladeshi businesses become more competitive globally, fostering innovation and growth.
How Exporting Skilled Professionals Supports Bangladesh’s Growth
NeXgen’s Global Talent Connect initiative connects Bangladeshi professionals with international opportunities, bridging the skills gap and integrating local talent into global markets. This approach attracts foreign investment by showcasing a well-trained workforce. The remittances sent home by Bangladeshi professionals working abroad, along with increased business collaborations, contribute to the local economy and support sustainable growth.
Long-Term Vision for Bangladesh as a Global Talent Hub
NeXgen envisions Bangladesh as a leading global talent hub. By revolutionizing education and digital intelligence, NeXgen equips individuals with the cutting-edge skills needed in today’s dynamic job market. Through public-private partnerships and advanced training technologies, NeXgen is committed to developing a skilled workforce that drives economic growth and innovation.
Future Outlook
NeXgen Global Group is ready for significant growth in its talent development programs, especially in Bangladesh. As Bangladesh moves from being classified as a Least Developed Country (LDC) to becoming a major economic player, NeXgen is committed to building a highly skilled workforce that meets global standards.
Scaling Talent Development Initiatives
NeXgen plans to enhance its Bangladeshi talent development programs by focusing on skill training for global jobs in Bangladesh through vocational training and upskilling. With increasing global demand for skilled professionals, NeXgen will expand partnerships with local Technical and Vocational Education and Training (TVET) institutes. By updating curricula and using advanced technology, NeXgen aims to address the skills gap and prepare individuals for success in international markets. Key sectors for this expansion include IT, healthcare, and engineering, ensuring that Bangladeshi talent is well-prepared to meet global demands.
Target Markets and Industries
Cross-cultural training for Bangladeshi professionals is crucial as NeXgen looks ahead, focusing on several key markets and industries for future growth. Countries like Germany, Canada, and Japan are actively seeking skilled workers in technology, healthcare, and engineering. NeXgen aims to position Bangladesh as a top source of talent in these fields. Additionally, with the rise of digital transformation, there is a growing need for skills in digital intelligence and cybersecurity. NeXgen’s initiatives will target these high-demand areas, using its global networks to connect Bangladeshi professionals with opportunities in expanding markets.
Vision for Continuous Innovation and Adaptation
NeXgen is committed to staying ahead by continuously innovating and adapting its training programs. This involves integrating the latest digital tools into training, offering online courses through platforms like Dgen Academy & Langford English College, and building partnerships between the public and private sectors to enhance practical training. NeXgen will also focus on digital skills training in Bangladesh and developing soft skills and language proficiency to ensure graduates are not only technically skilled but also competitive globally.
To learn more or start improving your skills, visit NeXgen Global’s official website or contact their sister concerns. Take the first step towards a brighter future with NeXgen Global Group.
Hemi Hossain, the founder of NeXgen Global Group, dreams of a sustainable Bangladesh. Through his institute, he aims for the economic growth of the country, where everyone is properly skilled. His vision includes reducing the global skills shortage by sourcing and training talent from across the globe, ensuring they are sufficiently qualified and employed.