Peer Assisted Learning Schemes (PALS) are widely operated in higher education environments to motivate student engagement with their learning. PALS are deemed useful learning methods through active help of peer group members. PALS have traditionally been used in medical education however; there has been an increasing interest of late in using PALS in other fields such as business schools although the documented evidence on the latter is limited to date. One such peer-assisted learning scheme has been instigated and run by second and final year business students at a leading UK Business School. The analysis has resulted in identifying structural and organisational issues; PALS leader selection and training criteria; and execution and evaluation of sessions. These insights maybe used by the potential Business Schools or programmes within the business suits to implement PALS. The study concludes that PALS schemes are best fit for shadow learning such as in medical schools however, business schools may follow a different model to support students.