Steps out of ball game accompanied by business graduate (5)
I believe the answer is:
rumba
'steps' is the definition.
(type of dance - a set of dance steps)
'ball game accompanied by business graduate' is the wordplay.
'ball game' becomes 'RU' (rugby union).
'accompanied by' says to put letters next to each other.
'business graduate' becomes 'MBA' (Master of Business Administration degree).
'ru'+'mba'='RUMBA'
'out of' acts as a link.
(Other definitions for rumba that I've seen before include "One from Cuba" , "music one can dance to" , "What to perform" , "Caribbean dance" , "Dance originating in Cuba" .)