In the wake of changing economic scenario, management as a stream of education and training has acquired new dimensions. New tools and techniques are continuously being introduced to improve the efficiency, productivity and profitability of any organization. Management education has entered a period of profound transition driven by globalization, technology, demographics, and pressing social imperatives. As it is understood that the management education is an investment in the future of business, it is important to understand the challenges, opportunities, potential risks and rewards associated with this transition. We are mainly dealing with Graduation Courses and Post-graduation Courses.