Emotional Intelligence is the ability to manage one’s emotions in a constructive way, so that it leverages one’s work, life, and relationships to a better level. The term as coined by Daniel Goleman, has been widely used across disciplines to study the impact of people’s emotional health on communication, work productivity, decision making, team building, and conflict management. Among the many soft skills that makes a person ‘employable’, high emotional quotient is one such trait that many employers find desirable in candidates. The objective of this paper is to understand the significance of Emotional Intelligence as one of the driving factors that impacts employability of Management graduates. The paper also aims to propose EQ as one of the key components organizations can consider when they devise strategies for workforce transformation.