With the growing need for Employable Talent in the field of Management, there arises a need for a stringent Mentoring System in B-Schools contributing to the enhancement of Employability skills in students pursuing Higher Education. It is imperative that these skills are reviewed from time to time in order to ensure competent Management Professionals are fed to the recruiting firms. With the increase in opportunities, the challenges in getting hired have also doubled as the recruiting firms are highly demanding on their skill requirement. They accept NO compromise on the pre-determined skills for the success of their organization. On the other hand, in order to keep pace with the ever-changing technology; organizations are constrained to maintain high level of skills for their prospective employees. Due to this, the onus of making students industry ready has shifted to the shoulders of B-Schools unlike the earlier situation where organizations spent time, money and effort in providing training to the new recruits. In this context, the present study endeavors to examine the skill gaps with the view to enhance the employability skills of the students. This study explored the demographic factor influencers through Questionnaire method and discovered that the Mentor and Mentee evaluation had strong and moderate relationship on the selected employability skills of the respondents. This study also revealed that the students pursuing Higher education took self-interest in enhancing their employability skills and welcomed mentoring support overwhelmingly for their development.