The world is experiencing a social evolution and the society is metamorphosing into an "information society" with a new genre of workers being created characterized by the emergence of the "knowledge worker". Information technology is blurring the distinction between in- and out-of-classroom learning. With network connections at every seat, the student may be learning "out of the classroom" while sitting in a classroom. For management students this is especially important because they can form connections to real businesses, real business data and real business executives very early in their careers. The goal of anytime/ anywhere teaching and learning means that any space is a learning space and the most important thing is that one can learn at their own pace and in their own style. The benefits of "E-learning" are diverse and numerous. They can be broadly put into two categories: i) Educators, ii) Students. Introducing technology into the classroom will result in more student centered learning, cooperative learning, and increased teacher/ student interaction.