The purpose of this thesis is to study the value of English for undergraduate students in Dhaka, focusing on aspects of work, higher education and respect in the community. In this regard, the study aims to examine how English as a foreign language assists undergraduate students in finding good jobs, completing higher studies and in identifying how it may lead them to receive respect in the community. Subjects consist of 40 undergraduate students with equal number of male and female participants from those studying at different public and private universities located in Dhaka. Semi- structured interview responses were examined using a qualitative approach, with answers analyzed through thematic analysis. The analysis of results shows that participants feel that English as a foreign language ability levels contribute to acquiring and retaining a good job (e.g., passing interviews, attending international meetings, enjoying promotion and financial freedom) to participate in higher studies (e.g., pass entrance exams, work with content and lecture materials, take remedial classes as required and doing assignment presentations) and in gaining social respect (e.g., others hold English speakers in high esteem as the language skill is regarded as a talent, with these speakers viewed as educated and from an upper social class). The overall picture presented by this research describes the value of English as one that is significant for those who can speak it as it contributes to success in finding a good career, in studying at a higher education level, and in gaining social respect. However, many students find English very difficult, this isparticularly- true when it comes to understanding lectures given by professors at universities, reading foreign books and writing exams. Also, many fear job interviews as most of these are held in English, with this fear found to be arising from lack of speaking practice. Ultimately, findings show support for students who need to familiarize themselves with an English language speaking environment that can help improve their prospects at the job, higher education and social levels. To this end, it could be worth curriculum designers considering introducing Spoken English as a new subject from class 6 to help students familiarize themselves with English language use, and for teachers to strictly follow English instruction during such classes.