Vikramaśīla University was one of the two most important centers of Buddhist learning in India during the Pala dynasty, along with Nālandā University. Vikramaśīla was established by King Dharmapala (783 to 820) in response to a supposed decline in the quality of scholarship at Nālandā. Atisha, the renowned pandita, is sometimes listed as a notable abbot.

Vikramasila (village Antichak, district Bhagalpur, Bihar) is located at about 50 km east of Bhagalpur and about 13 km north-east of Kahalgaon, a railway station on Bhagalpur-Sahebganj section of Eastern Railway. It is approachable through 11 km long motorable road diverting from N.H.80 at Anadipur about 2 km from Kahalgaon.

A number of monasteries grew up during the Pāla period in ancient Bengal and Magadha. According to Tibetan sources, five great Mahaviharas stood out: Vikramaśīla, the premier university of the era; Nalanda, past its prime but still illustrious, Somapura, Odantapurā, and Jaggadala. The five monasteries formed a network; "all of them were under state supervision" and there existed "a system of co-ordination among them . . it seems from the evidence that the different seats of Buddhist learning that functioned in eastern India under the Pāla were regarded together as forming a network, an interlinked group of institutions," and it was common for great scholars to move easily from position to position among them.