Economic growth of Pakistan through the banking sector relies heavily on the human capital dispensed to them by the Pakistani business schools. A conceptual model of the continuous improvement cycle for building human capital is developed through a literature review, with the aim of helping to generate human capital. Six semistructured interviews were conducted with bank branch managers and eight junior bank managers to gauge the extent to which this model was being followed so that the growth in the Pakistani banking sector remains. The results showed that a linear model was currently in place where there was no room for continuous improvement for building human capital for the banking sector.