This conference addresses the issue of why MBA graduates are seen as unprepared for startups that leads to directions to change in the structure, content, and pedagogy of learning in Management Education. Despite proliferation of entrepreneurial courses in business administration programme, the MBA graduates find themselves struggling when they join startups. Startups need only entrepreneurial talent, not academic performers; successful entrepreneurs are often uninterested students. In addition, MBA graduates learn from courses taught focusing on becoming employees more than on becoming employers (entrepreneurs). When we look at placement records, we will quickly realise that quality of a B-school is often measured by the job offers it receives for its students and very rarely the number of startups students start after their graduation. Interestingly, successful investors even give fellowships and ask students to drop out of college to work on their startup ideas, meaning that having MBA as a springboard for entrepreneurs has become counterintuitive. This poses a great challenge to Management Education, if at all it realises seriously the importance of staying relevant to what the real world of industry expects.