The intellectual capital is one of the three main forms of capital that includes physical capital and financial capital. Where physical capital (buildings, equipment) and financial capital (stocks and bonds) are important for establishing a company, the intellectual capital moves the company forward. Intellectual capital comprises of three broad categories. They are human capital, relational capital, and structural capital. Human capital includes knowledge and skills, experience, competencies, vocational qualifications, employee engagement, emotional intelligence, education, creativity, and entrepreneurial spirit among others. Relational capital includes formal and informal relationships, social networks, partnerships and alliances, trust, brand image, customer loyalty and engagement, licensing agreements, and joint agreements. Structural capital comprises organizational culture including values, social capital, and management philosophy; processes followed to achieve goals, and intellectual property including brand name, confidential data, patents and copyrights, and trade secrets. It is imperative to see that all these three forms of capital: physical, financial, and intellectual needs to be interconnected to achieve organizational goals. A company may function with a combination of physical and financial capital but it will only grow and progress when intellectual capital is added to the equation. Pakistan is blessed with a large number of youth including the millennials who are pursuing their higher education at universities and business schools. Therefore, the need of the hour is to produce such business graduates who know how to build a company and make it a successful enterprise. Today, with several specializations being offered in MBA programs, students are focused on studying the degree program of their interest. This calls for a holistic approach to streamline the academic disciplines that provide new avenues for the students to explore In this regard, close attention must be given to developing the students’ cognitive capabilities and their understanding of how to apply their learning. The concept of rote learning must be abolished for good. It leads to nowhere except for enabling students to earn good grades. Interestingly, grades have become a secondary concept in the 21st century practical framework. Companies require an intellectual capital that can utilize their skills to add value to the many facades of an organization and take forward its operational and strategic objectives. Universities and business schools must restructure their curriculum to include more courses that have a practical outlook. The curriculum should include only twenty percent of classwork. The remaining eighty percent should be a combination of real-life case studies and students performing practical work. This practical work akin to a final-year Capstone Project should be part of the second year bachelors’ curriculum. Until the students do not enter the field, hold discussions over various topics with industry experts and professionals and understand what is happening outside of their textbooks, they will not comprehend what they study during their degree programs. As we head into 2021, the objective of universities should not be to produce graduates but intellectual capital that helps the corporate sector evolve their business operations. During the 1940s to 1990s, students were compelled to rote learn course content and reproduce them in examinations. The objective was to secure a job. Today, with several specializations being offered in MBA programs, students are focused on studying the degree program of their interest. This calls for a holistic approach to streamline the academic disciplines that provide new avenues for the students to explore. Moreover, the educational infrastructure of the intermediate level must be revamped. Students must undertake one subject in their second year that is based on practicalities. For instance, the students must be asked to choose any company situated in their city of residence in Pakistan and study its structure. The course could be termed as “Corporate Relationship Management” which enables students to undertake a research study on a company, interview its key people, study the organizations’ mission and vision along with what benefit they are providing to the customers. This will help students step out of their comfort zone, interact with industry professionals, and prepare themselves to handle the similar activities they will be performing when studying BBA or BS degree programs. A complete streamlining of academic processes and course structure needs to be developed in this regard. It will revolutionize the academic sector and add value to the students’ learning. The writer is an independent researcher, author and columnist