Provided the need to fill the gap between industry expectation and quality of management education, a study led to construction of a scale on Indian managers' perception towards the management education curriculum-An Exploratory Factor Analysis (Singh and Verma, 2018). Total four factors were obtained namely Improve performance and thinking ability, Leadership and functional competency, Personal competency development and collaboration attitude. This study is an extension with the detailed analysis of the variables that constitute the constructs of the scale to answer the research question that what role does the curriculum play in management education to enhance employability as skills needed by the industry. In addition the analysis has been extended to examine whether there is a significant difference between the perceptions of respondents across various sub groups based on age, experience, gender, etc. Total 137 executives' were included as sample for the study and they were well informed about the purpose of the study. Analysis has been done via descriptive statistics, ANOVA (analysis of variance), and independent sample t tests. Software tool employed for the purpose is SPSSv20.Findings indicate importance of aforesaid constructs in management education curriculum. Particularly the most important contributors in the scores are the variables like data management, managerial skills, decision making, basic knowledge, adaptive skills. Implications are for both industry and academia to design and execute right course contents in management education for budding managers. The study adds to dearth of literature on management education in Indian context.