Business educators are struggling with how better to engage their students in the learning process. At the same time, stakeholders are reporting that business students are ill prepared in problem solving techniques and the effective use of spreadsheets. The systemic use of Excel as a teaching tool in the business curriculum may be the answer to both situations. This paper reviews how computer literacy (with a particular focus on spreadsheets) is addressed in a sample of AACSB accredited business schools. Three models are discerned and discussed. We then follow with an examination of how business faculties are using spreadsheets as a means of student engagement. The results of the literature search in this area are summarized and discussed. The paper concludes with recommendations and directions for future research and curriculum development.