A review of studies of practitioners of software development reveals a depth of mismatch between their needs and formal education. The conclusion to be drawn is that industry has made a long-term shift in its requirements of graduates from technical subjects, laying emphasis on personal and affective attributes. Concern has been expressed that the underlying “socialisation” requirement for a graduate to achieve “working professional” status is very poorly addressed in formal education. After establishing a framework for comparison between information technology (IT) formal education and industry requirements, this chapter discusses an action research study based on applying nontraditional and innovative learning models to address mismatches identified. Results suggest that models which focus on independent learning and soft skills prepare students to enter industry with the ability to engage in the career-long, professional learning required for success in professional practice.