Jahangirnagar University was formally launched on 12 January 1970 under the Jahangirnagar Muslim University Ordinance, 1970 and this day is observed as University Day. Initially, it was named Jahangirnagar Muslim University, and the plan was to operate the university like Aligarh Muslim University.Its first vice-chancellor, Mafiz Uddin Ahmad (Ph.D in chemistry, University of Illinois, Chicago) took up office on 24 September 1970. The first group of students, a total of 150, were enrolled in four departments: Economics, Geography, Mathematics, and Statistics. Its formal inauguration was delayed until 12 January 1971, when the university was launched by Rear Admiral S. M. Ahsan, the chancellor.After the independence of Bangladesh, its name changed to Jahangirnagar University under the Jahangirnagar University Act' 1973.
On 2 March 2014, Farzana Islam, a professor of the Anthropology department, was appointed the Vice Chancellor of JU, marking the country's first woman to hold the position. By 2016-17 admission tests, the university has admitted students of 46th batch.
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