Students often exhibit overconfidence and self-attribution bias (SAB). The authors report the findings of a survey of management students across gender. They found why students fail to understand the fact that their performance was actually dismal while their belief about their ability to perform well was high. The results imply that all students irrespective of gender tend to be overconfident. It was also observed that a larger percentage of the female students had a tendency to be overconfident. Existence of SAB among management students was also observed. However, a gender-wise breakdown of the students depicted that more female students portrayed SAB specifically when poor grades were received.