Management education system in India is initiated in 19th century. India’s first B-school i.e. Commercial School of Pacchiappa Charties was set up in 1886 in the southern city of Chennai (Madras). Approximately 129 years journey revolutionized the system requirement & expectation of the companies from the management graduates. This pare is discussing the current B-School scenario, expectation from graduated by corporates & the Gap exist between demand & supply. The big gap was identified in Skill development & right attitude of an individual’s towards learning, accepting chance & work further to expertise.