Resumen
Management education has come a long way as far as its existence concerned. However, doubts today are being raised about its impact, its efficacy and its utility. Recent write ups in popular US media including the prestigious the New York Times suggests that questions are now being raised about validity of the curriculum. Exposes about unfair practices and unethical behavior at the work place in growing number in recent times are pointers to the reality that review of the Management education paradigm is called for now. What is being taught needs to be evaluated and what is being not taught needs to be pondered over. The present article is a review paper based on the discussions and deliberations that are on regarding the state of Management education and what we in India need to mull over.