The overall mission of Premier University is to develop human resources through teaching, training, and guidance as well as creating knowledge conducive to the socio-economic realities of developing societies in general and of Bangladesh in particular.

The university will have the power and authority to provide education, training and degrees related to all areas of knowledge. However, initially the university will limit itself to offering four-year bachelors and two-year masters degree in a limited number of subjects. As the university grows and institutional capacity is built up, learning will be provided in a large number of disciplines. However the university will eventually offer doctoral programs and  may also offer special courses tailored for people in the work force, diploma course etc.