
Vivid careers have made revolutionary changes in the education system. Among the lucrative professional courses offered, management education influences the young folk. Growing demands of the industry and need of able leaders has paved way for the growth of Management institutions from the past decade. This has influenced B-schools in delivering quality education to its customers by providing value added services. The validation of success of B-schools is less counted against the examination success rate. The quest for quality amongst the students and expectations of the corporate has emphasized B-schools to deliver key results for its students to remain in the competitive job market. B-schools need to ensure on the quality of education provided to its students with systems and procedures by various continual improvement mechanisms so as to assure on the quality of education provided. Quality can be assured by a well developed Assessment Centre in every B-school. Assessment Centre established in B-schools need to identify and audit the hidden talent, enhance the competency and guide the student towards career as well as life skill. Integrating the mismatch of industry and academia is the need of the hour. This paper tries to develop a framework of Assessment centre towards competency development and skills readiness.