"Responsible Management Education" (RME), concerned with enterprises' responsibilities, the social effects of private sector activities on society, sustainable development, and business ethics in management education, has been a subject of debate in management literature during the past few years. However, the debate surrounding RME has thus far mainly occurred within the Western European and North American contexts, and only a few studies of developing countries have been undertaken. This study, by evaluating five high-ranking business schools in Iran, attempts to present a picture of the state of RME in a developing country. By referring to the views of a diverse range of actors within business schools (students, graduates, faculty members, and deans), undertaking a comprehensive examination of the relevant indicators, and employing various qualitative and quantitative data collection methods, the results indicate that despite the positive attitude of key actors within Iranian business schools about the necessity of promoting RME, a great indifference towards the implementation of RME is seen. The researchers identify an incomplete American model that guides the formation of Iranian business schools and suggest that it is time for them to redefine themselves as social institutions with specific responsibilities towards society.