AIUB was established in 1994 in Dhaka, Bangladesh as AMA International University Bangladesh, a joint venture between AMA Computer University of the Philippines, and local initiator Anwarul Abedin. First campus of this university was in Mohakhali, then it shifted to Banani. Regular academic classes started in 1995. AMA Computer University later left the partnership, and in 2001 the university was renamed American International University-Bangladesh. In 2017, AUIB moved to its permanent campus at Kuratoli Road, Kuril, Khilkhet, Dhaka. As the university grew, it increased the number of programs and introduced master's degrees.