The issue of quality in education is increasingly becoming crucial day by day. This is emerging as a global phenomenon. Every country both developed and developing is trying to improve quality through their individual means. However, the issue, which this paper is trying to understand, is whether this quality is individualistic to a country in an increasingly global world. Is this quality governed by economic and financial needs of the world? Are we supposed to produce quality individuals who can contribute profitably to only the economy and market driven policies of the governments, or do we need human beings who are compassionate, humane. Decision makers, leader, friends, philosophers, and guide to themselves and their fellow beings. The issues associated with Education especially in context with Indian education. The book also deliberates on the need and relevance of quality education especially in context of changing demands and needs of growing society. This book is a product of Doctoral research studies which deliberates on how Academic Audit could be a useful instrument of change for bringing quality in Higher Education.