Looking back at the evolution of management education of in china in the past one hundred years, the road of the management education is tortuous, the author finds out that It either dependent on the western theories too much or doctrinally copy the former Soviet model. The author argues that management education in China have three defects, which are insufficient localization, severe utilitarian and low internationalization, and the future of management education in China must take the road of the combination of Chinese and Western theories and practices, curriculum revolution, openingup and interaction.