In order to achieve sustainability we should incorporate moral values and ethics into the Management Education .The teaching of moral and ethical values that differentiate right action from wrong action and which makes us a perfect man should be the goal of sustainable management Education. Profit is essential for the growth of business enterprise. It is regarded as good measure of efficiency; however, it should be seen in value based context also. Management Education, which is based upon Values, will be an instrument which not only provides a professional knowledge of management but also a purpose in life.The societies across the globe are more integrated than ever before due to Globalization which results into free flow of trade and merchandise.There is a problem of difference in value’s in countries but still there are some common shared values, those values should be identified an incorporated in national legislation and management teaching. Every year thousands of professionals including those who are practicing management comes to India in order to be truly guided by the Indian values and learning. One such person was APPLE’s founder Steve Job. Efficient Management is Essentials for Prosperity of Society .Management Education for sustainability should ensure an environmentally sound and economically prosperous future