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This working paper represents the first step of a systematic inquiry into experiential learning and the work-related curriculum in schools, colleges and universities. We sketch out what we see as some of our major conceptual challenges involved in researching experiential learning in the work-related curriculum by drawing upon a concrete example of work-related learning, the Entrepreneurship Education Initiative (EEI) in six Scottish universities. First, we outline some relevant policy background at both socio-historical and a more micro-level. Next, we examine the experience of students trying to learn within the Entrepreneurship Education classes which, we argue, can be seen as exemplars of the work-related curriculum in action. Finally, we begin to draw out from the experience of these students some questions about the nature of learning within the work-related curriculum and the conceptual challenges these raise for researching such learning.