In this paper we have derived an unordered multinomial logistic model for mode of occupational choices for the outgoing graduate students of Bangladesh. The paper finds out the factors which motivate a student after completion of graduation to choose one’s profession. For derivation of multinomial logistic model for mode of occupation choices, we have considered the factor that is likely to influence choosing occupation of a student as a response variable and considered five factors such as, sex of the respondents, family economic status, place of permanent residence, discipline of study of the respondents and result obtained in honors program as determinants of the mode of occupational choices. In this study information from a sample of 1000 students from each of four major faculties of six well established non-technical public universities through well defined questionnaire. Stratified random sampling technique with proportional allocation scheme has been used in order to determine sample size under each selected faculty of each university. However, after scrutiny, 690 students with consistent and valid information have been finally used for analysis. The parameters of our multinomial logistic models for mode of occupation choices have been estimated by using maximum likelihood method. From this study it has been found that the likelihood of male respondents would choose business as occupation is 5.930 times more than female respondents. The respondents who do not have good result would choose occupation in a private firm 1.575 times more likely than respondents who have excellent result and so on. The findings of this study may be helpful to the students to build up themselves according to the likelihood of professions to be chosen on the basis of their socio-economic and academic backgrounds. This would also help the government to create job opportunity accordingly.