It has been long believed that the most important resource that any institution of higher education has is its faculty members who teach knowledge and skills to students. Today the profession of management teaching has become quite challenging. Business schools teachers are expected to be both effective teachers and researchers. Faculty development programs (FDPs) have proven to be successful for improving teaching skills in higher education. Faculty Development Programmes (FDPs) aimed at honing the teaching and research skills of prospective, new and seasoned management teachers, researchers and trainers. It has been found by many researchers and practitioners that FDPs produce promising outcomes in the learning and teaching practices and recommended that teachers in higher education should attend FDP training activities on regular basis.