This document presents a conceptual framework for employability skills of business graduates. It reviewed 57 research works from 1994 to 2013 and categorized the findings into two propositions. The first proposition is that business graduates require specific employability skills like written and oral communication, investigating and analyzing, planning and organizing, negotiating and persuading, cooperation, leadership, and numeracy. The second proposition is that curricular changes can enhance these employability skills. Based on these propositions, the document develops a conceptual framework to identify factors related to the employability skills of business graduates.