This paper is a review of issues and challenges involving engineering students, engineering education, entrepreneurship education and the how these can contribute to the development of an entrepreneurial program in the effort to produce entrepreneurial engineer. The twenty first century has become challenging and demanding, engineering is becoming a profession that requires technical competency and professional skills. A redefine and innovative engineering talent and leadership are needed to address the challenges. Malaysian government and higher learning institutions are taking various initiatives to attract students to engineering and to prepare engineering students to practice entrepreneurial characters and leadership skills. To prepare students to enter the workforce and survive in the global economy, engineering graduates need to be able to be effective leaders, empathetic, resilient, creative, and ability to seize opportunity. These qualities are to be instilled in engineering students to be entrepreneurial engineers. This study is aimed to collect data related to engineering graduate's development and employment and entrepreneurship characters and skills among engineering students in both public and private universities. The findings of the study are significant as they gain an insight into the entrepreneurial potential and the present literature on the student's characters and skills toward entrepreneurship education.