Higher education in India has multi-dimensional problems which can be solved only with a multi-dimensional approach. Whether we like it or not, we are in an age where higher education is confronted with some problems that apparently look like a struggle between quality and quantity arising out of the much-trodden path of value-based education and the emerging need-based education philosophy of the world. Virtually, there is no contradiction between the two, rather one is complementary to the other and one cannot flourish without the other. The success Jhumri Telaiya Commerce College has achieved in such a brief period since its inception in 1984 can reasonably lead one to believe that it has full of potentialities for growth not only to serve the people of the area where it is situated and at the initiative of those people only who founded it, but also to create an academic world of its own and to be the part and parcel of the State’s development programme in the sphere of education. The College has performed undoubtedly well in the field of academic attainments. But it is not the time for complacency. We are yet to excel. Thus our task is to ensure high quality education to the learners in an emerging competitive education sector.