After passing intermediate from Dhaka College in 1954, Abed left home at the age of 18 to attend University of Glasgow, where, in an effort to break away from tradition and do something radically different, he studied naval architecture. He realized there was little work in ship building in East Pakistan and a career in Naval Architecture would make returning home difficult. With that in mind, Abed joined the Chartered Institute of Management Accountants in London, completing his professional education in 1962.