Philosophy is one of the oldest and most respected provinces of knowledge. It is the study of realities, general principles and the pursuit of excellence. And education is the transmission of life by the living to the living. Philosophy and education are two sides of the same coin. This chapter furnishes comprehensive details of both concept including the necessity of philosophy in education and extends with bonds that unite philosophy and education. This chapter is further augmented with aims and functions of education. Also, one complete extensive round of schools of philosophies with its implication in education is taken.