Outcome-based Education (OBE) is an educational approach that focuses on measuring the outcomes or results of learning, rather than just the process of learning itself. OBE has been widely adopted in many countries around the world, particularly in vocational and professional education. The present study focuses on studying the status of OBE in educational institutions, that otherwise practiced traditional and content-based education. The purpose of reviewing the status of OBE in educational institutions is a crucial step in ensuring that students receive a high-quality education that prepares them for success in their future careers. The methodology followed for the present study is a systematic literature review which has covered a range of studies from the year 1996 to 2023. It has examined41 selected studies from India and the foreign lands to analyze the trends in OBE in educational institutions. Based on this analysis, the present review attempts to report the trend in the implementation of OBE in foreign higher education institutions and those in India along with the identification of research gaps and suggestions for further researches.