The present study sought to investigate the perceptions of 300 ministers, 85 recent graduates from theological colleges, and 954 church members regarding (a) the effectiveness of ministry education, (b) priorities for ministry education, and (c) the acquired competencies of ministers. Participants were surveyed using the Inventory of Ministry Education Perceptions and Priorities (IMEPP), which displayed good validity and reliability in the study. Results of the study indicate that participants were largely satisfied with the effectiveness of ministry education and the acquired competence of ministers. However, on the whole, ministers and recent graduates were less satisfied with their ministry education and acquired competence than were church members. The study also identified significant differences between ministers, recent graduates and church members with regard to the priorities they perceived theological colleges should pursue.