Nilakantheswar Mahavidyalaya owes its inception to the untiring efforts of the eminent personalities of the southbalanda, Talcher locality with the objectives of providing quality higher education to the poor and meritorious students, hailing from the rural milieu encircling the region. Keeping this in view, the vision of the institution has been to make it a 'Temple of learning' with the commitment to function as an academic hub that would cater to knowledge enhancement and employability of the students and make them responsible citizens with ethical values and social commitments.
a.To serve as a fountainhead of enlightment and knowledge.
b.To make the students multifaceted and versatile.
c.To inculcate a liberal and secular attitude mingled with Icivic sense in the entire college fraternity.
d.To enable every student carve out a distinct niche in the society.
e.To produce students of high calibre who can compete successfully in the current environment.
f.To acquaint the students with contemporary problems and realities of life.
g.To fulfil the aspirations and dreams of the students and their parents through good counseiling.
h.To create environmental awareness among the students so as to protect the Earth from pollution and other environmental devasations, and conserve its natural resources.
i.To fight against destruction of forests and global warming by undertaking plantation programmes.
j.To develop realization among the Students for having cornpassionate attitude towards the distressed and downtrodden of the society.
k.To work for elimination of poverty,iliteracy,superstion and ignorance.