Although research has established links between the principal's instructional leadership and student achievement, there is considerable concern in the literature concerning the capacity of principal preparation programs to prepare instructional leaders. This study interviewed educational leadership faculty as well as expert principals and teacher leaders to determine their perceptions concerning applicant screening; content to be taught, including functions, knowledge, skills, and dispositions; teaching and learning strategies; field experiences; and induction support. The researchers found considerable agreement across the three groups.