This is a survey of MBA students' preparedness for launching new business initiatives or other entrepreneurial activities. It explores the readiness of the MBA students, estimated on dimensions comprising knowledge, attitude, skills,experience, opportunity and networks. The variation of the postgraduate students' perceptions along these six dimensions and certain demographic factors, including gender,stage of the MBA programme, students' permanent residence, their funding source, enrolment status, employment status, marital status and years of work experience, was considered. Multiple regressions then established the relationship between entrepreneurial preparedness and the six dimensions. Finally, some broad implications for the MBA curriculum are considered.