The Bharathidasan University has established the Institute for Entrepreneurship and Career Development (IECD) with a view to fill the serious gap in our educational system, viz. lack of opportunities for promoting entrepreneurship among the students. Most of our conventional programmes at the undergraduate and postgraduate levels in the University system turn out graduates and postgraduates who are neither inclined nor equipped to establish and run enterprises of their own involving managerial and organisational skills. They are seldom given hands-on-experience and skills and they are not confident of becoming entrepreneurs. Another weakness in the existing programmes is the structural rigidity under which the teachers and the taught are not in a position to attain the relevant skills and field exposure, even if they want to. The learners are constrained by the curricular rigidities which lead them to a structured degree or PG programme. As a result, the tertiary education produces the employment seekers in the form of graduates rather than employment generators in the form of entrepreneurs.