What OIST does

OIST (OfP Institute of Science & Technology) is a private Technical and Vocational Education and Training (TVET) institute headquartered in Balagram, Jaldhaka, Nilphamari district, Bangladesh, operating under the OfP Foundation. The institute serves Bangladeshi youth — primarily SSC graduates aged 18–35 — through two parallel program streams: three 4-year BTEB-accredited diploma programs in Civil Technology, Computer Technology and Automobile Technology, and seven to eight short-term (3-month) NSDA-certified skill training courses covering General Caregiving, IT Support, Digital Marketing, Motor Driving, Electrical Installation and Maintenance for Construction, Masonry, and Competency Based Training and Assessment Methodology. The curricula are built on Competency-Based Learning Materials (CBLM) aligned with NSDA national competency standards at Levels 2–4, and delivery occurs through both in-campus instruction at the Nilphamari campus and online modes.

The business model blends paid tuition with government-funded free training. Diploma programs charge per-semester fees — for example, the Automobile Technology diploma is priced at BDT 12,000 per semester, with multi-tier scholarships available (Merit Excellence Award up to 100% for GPA 5.00 SSC graduates, Need-Based 50% reduction, Freedom Fighter Family 25%, Female Student 30%). Skill training courses are entirely free under the NSDA and World Bank-supported ASSET project, with enrolled students receiving a monthly stipend (BDT 13,200 for females, BDT 11,400 for males) plus a BDT 1,500 backpack allowance. OIST also offers the ACCESS interest-free student loan program, allowing diploma students to repay tuition in installments after course completion. The institute is recognized by six national authorities — Ministry of Education (MoEdu), Bangladesh Technical Education Board (BTEB), National Skill Development Authority (NSDA), ASSET, ISISC and BANBEIS — providing regulatory validation for its qualifications. GTM is direct-to-consumer via the oist.tech website (online applications, admissions, scholarships, and ACCESS loan enrollment), supplemented by community outreach through healthcare programs (free health camps, maternal care drives, blood donation, and health awareness in schools and villages) that double as reputation-building and recruitment channels. The institute maintains ~71 employees and is actively accepting students for the 2025–2026 session.

Name

OIST

Legal name

OfP Institute of Science and Technology

Website

https://oist.tech

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

OIST (OfP Institute of Science & Technology) is a private TVET institute in Nilphamari, Bangladesh, offering BTEB-accredited 4-year diplomas in Civil, Computer and Automobile Technology alongside government-funded short-term skill courses, serving Bangladeshi youth seeking technical careers.

Ownership category

akta.pro rank

Headquarters

HQ city

Nilphamari

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Diploma Program Tuition: OIST charges tuition fees for its 4-year BTEB-accredited diploma programs in Civil, Computer, and Automobile Technology. The Automobile Technology program is priced at ৳ 12,000 per semester with scholarships available.
2. Skill Training (Government Funded): Skill training courses are fully funded by NSDA and ASSET project with no tuition cost to students. The government covers course fees, and students may receive a monthly stipend (Tk. 13,200 for females, Tk. 11,400 for males) plus a Tk. 1,500 backpack.
3. ACCESS Interest-Free Loan: OIST's ACCESS program provides interest-free education loans to students, allowing them to pay tuition in installments after course completion. This is a financing mechanism rather than direct revenue.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

OIST is a Technical and Vocational Education and Training (TVET) institute that delivers BTEB-accredited 4-year diplomas in Civil, Computer and Automobile Technology, plus NSDA-certified short-term skill courses (caregiving, IT support, digital marketing, motor driving, electrical installation, masonry and trainer methodology). Programs are delivered on-campus and online, supported by an ACCESS interest-free student loan and a tiered scholarship program, and recognized by six national authorities including MoEdu, BTEB and NSDA.

Product overview

OIST (OfP Institute of Science & Technology) is a TVET institute in Bangladesh offering a portfolio of educational programs. The core offerings consist of three 4-year BTEB-accredited diploma programs in Civil Technology, Computer Technology, and Automobile Technology, complemented by seven short-term NSDA-certified skill training courses (General Caregiving, Competency Based Training and Assessment Methodology, IT Support Services, Digital Marketing, Motor Driving, Electrical Installation and Maintenance for Construction, and Masonry) that are free under the NSDA & ASSET government project with monthly stipends. Additional services include Healthcare Training, ACCESS interest-free student loans, and various scholarship programs. All qualifications are recognized by six national authorities including BTEB, MoEdu, NSDA, ASSET, ISISC, and BANBEIS.

Differentiator

Problem solved

Functional benefit

Products and services

• Diploma in Civil Technology A comprehensive 4-year BTEB-accredited diploma covering structural engineering, surveying, construction management, AutoCAD and infrastructure development, preparing graduates for careers in Bangladesh's construction sector.
• Diploma in Computer Technology A 4-year BTEB-accredited diploma in software development, networking, database management and digital systems, preparing graduates for careers in Bangladesh's IT industry and global digital economy.
• Diploma in Automobile Technology A hands-on 4-year BTEB-accredited diploma in vehicle mechanics, engine systems, automotive electronics and diagnostics, preparing graduates for careers in Bangladesh's transport, automotive servicing and manufacturing sectors. Priced at ৳12,000 per semester with multiple scholarship tiers.
• General Caregiving (NSDA Level 2) A 3-month competency-based caregiving course covering health screening, daily-living support, clinical care, nutrition, housekeeping and basic physiotherapy, preparing trainees for home, hospital and overseas care roles. Free under ASSET project with monthly stipends.
• Competency Based Training and Assessment Methodology (NSDA Level 4) A 3-month NSDA-certified Level 4 course covering training delivery, learning-material design, assessment, inclusivity, OSH and professional practice for TVET trainers and assessors. Free under NSDA & ASSET project.
• IT Support Services (NSDA Level 3) A 3-month hands-on IT support course covering PC assembly, operating systems, networking, software configuration, data backup and troubleshooting for helpdesk and field-support roles. Free under ASSET project.
• Digital Marketing (NSDA Level 3) A 3-month practical digital marketing course covering core concepts, social media marketing, search engine marketing and SEO, designed for freelancing and online income. Free under ASSET project.
• Motor Driving (NSDA Level 3) A 3-month professional motor driving course covering vehicle operation, safe driving, orderly traffic behaviour, accident emergency response and vehicle maintenance. Free under ASSET project.
• Electrical Installation and Maintenance for Construction (NSDA Level 2) A 3-month construction-focused electrical course covering tools, fundamental electrical skills, wiring joints, circuit installation, channel wiring and conduit wiring. Free under NSDA & ASSET project.
• Masonry (NSDA Level 2) A 3-month construction masonry course covering tools, fundamental masonry works, brick wall and foundation construction, brick soling and plastering. Free under NSDA & ASSET project.
• ACCESS Interest-Free Education Loan A student financing program that provides interest-free education loans so students can enroll in courses and repay tuition in easy installments after course completion.

Quantifiable outcome

• Graduates receive BTEB-accredited diplomas recognized by employers across Bangladesh and beyond
• +2 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• Ministry of Education (MoEdu) – BangladeshcoreOthersGovernment ministry providing official recognition of OIST qualifications. Ensures qualifications meet national education standards and are trusted by employers and institutions across Bangladesh.
• Bangladesh Technical Education Board (BTEB)coreOthersRegulatory body that accredits OIST's 4-year diploma programs in Civil, Computer, and Automobile Technology. Graduates receive BTEB-certified diplomas.
• National Skill Development Authority (NSDA)coreOthersGovernment authority that certifies OIST's skill training courses under the National Skill Development Framework. Provides Competency-Based Learning Materials and certification at Levels 2-4.
• ASSET (Accelerating & Strengthening Skills for Economic Transformation)coreOthersWorld Bank-supported project funding free skill training at OIST. Provides full course funding, manages student stipends (Tk. 13,200 female / Tk. 11,400 male), and Tk. 1,500 backpack allowance.
• ISISC (Informal Sector Industry Skills Council)minorOthersIndustry skills council providing recognition and industry alignment for OIST's vocational training programs.
• BANBEIS (Bangladesh Bureau of Educational Information & Statistics)minorOthersGovernment bureau that recognizes OIST's educational data and statistics, ensuring institutional compliance with national education reporting standards.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Aptech Bangladesh: Operating arm of global IT training brand in Bangladesh, offering IT support, digital marketing, and software courses. Comparable in IT skill training courses, but with stronger employer brand and urban presence.
• NIIT Bangladesh: Global IT training brand with Bangladesh operations offering computer and digital skills courses. Comparable in IT Support Services and Digital Marketing course offerings, with broader international recognition.
• Daffodil Institute of IT: Larger Bangladeshi private institution providing IT and computer technology education. Comparable in IT diploma offerings and Digital Marketing skill training, but broader institutional footprint.

Regional players

• PMKVK (Pradhan Mantri Kaushal Vikas Yojana) Centers: Government-funded skill training centers across India offering free short-term courses with stipends. Comparable as a regional government-funded vocational training model in South Asia, similar to ASSET in Bangladesh.
• National Skill Development Corporation (NSDC) India: India's umbrella skill development body funding and certifying thousands of TVET providers. Comparable as the regional framework body under which India's TVET ecosystem operates, similar to Bangladesh's NSDA.
• Institute of Technical Education (ITE) Singapore: Singapore's principal TVET institution offering diploma and skill certification programs. Comparable in TVET and NSQ framework approach, though operating in a vastly different (developed) market context.

Direct peers

• UCEP Bangladesh: One of Bangladesh's largest TVET NGOs operating polytechnics and skill training across multiple districts. Directly comparable as a non-profit TVET provider serving disadvantaged youth with government- and donor-funded programs.
• Don Bosco Technical Schools Bangladesh: Network of technical and vocational schools across Bangladesh focusing on at-risk youth with government-recognized certifications. Comparable in mission, target demographic, and TVET accreditation model.
• Dhaka Ahsania Mission (DAM) TVET Programs: Major Bangladeshi NGO running BTEB-accredited TVET programs and skill training courses. Directly comparable as a non-profit, multi-program, government-credentialed vocational education provider.
• Ahsanullah Institute of Technical Education (AITE): BTEB-affiliated diploma-granting institution in Bangladesh offering technical education in similar engineering disciplines. Comparable in accreditation pathway and target student profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/oist-tech

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OIST