Resolved. Downloaded the latest version of Spyder and it has this functionality. It appears my older version did not have this feature.
I am trying to find a way to disable debugger going into built-in functions. Is there a way to accomplish this? For some reason, I do not see a tab for the debugger in the preferences-> iPython console. Should there be one and how can I enable this? Thanks
Arun
Dont see Debugger in Preferences/ IPython Console (or Python Console)