The use of service learning as a means of training future business leaders is advantageous when used as part of learning process and an introduction to problem solving. This study reviews how student knowledge can be enhanced when the learning process is linked with real world experiences such as internships, apprenticeships, cooperative education programs, and when a student is assigned a mentor. This infusion helps students make a connection between classroom instruction and real business problem solving (Woods 1997). For this position paper the term "Action Learning" is used as a surrogate for the various forms of learning available outside the classroom. Although this study examined a small population within only one business school, it appears clear that this population sample values the concrete experience that the various forms of action learning provide--especially in tandem with classroom experiences. One factor that may have added to the overall positive responses is that these students are learning in a university setting located near two very large metropolitan areas and within a state that offers a great deal of work (business) opportunities. (Contains 1 figure and 7 tables.)