BRAC University was formally inaugurated by the Hon'ble President of Bangladesh and the Chancellor of BRAC University Mr. Justice Shahabuddin Ahmed at Osmani Memorial Hall, Dhaka on June 16, 2001. The ceremony was attended by seven hundred guests, among others, by members of Governing Board of BRAC University, educationists, lawyers, politicians, senior civil and military officers, diplomats, NGO leaders, students, parents, and elite of the society.