Education is a process of living through a continuous reconstruction of experiences. It is the development of all those capacities in the individual, which will enable him to control his environment and fulfill his possibilities. Education, in its limited sense, included and influences deliberately planned, chosen and employed by the community for the welfare of its coming generations. The purpose is to modify the behavior of the child and to shape his personality in a more desirable form.

The major purpose of the study was to investigate the academic value of O and A levels, as viewed by students, parents and teachers. The population of the study was all O and A level schools, O and A level students, their parents and teachers in Pakistan. The sample of the study covered 45 schools, 230 teachers, 450 O and A level students and their parents. The sample of the study was drawn from Islamabad, Lahore, Karachi, Rawalpindi and Peshawar. For the collection of data, three questionnaires, one each for O and A level students, their parents and the teachers of O and A level were developed. Three structured interviews i.e. one each for O and A level students, their parents and the teachers were designed. Data were collected through personal visits. For the analysis of data percentage and chi square as contingency test were used.

It was concluded through this study that Academic value of O and A levels education system in Pakistan was due to better learning, fair examination system, advanced and better curriculum, easy admission in foreign universities, provision of quality education, better learning environment, knowledge based education system, status symbol for family, flexible scheme of studies, up-to-date, comprehensive and informative courses, international acceptance and recognition, better professional careers and dynamic future for students. It was also found that O and A levels education system were expensive in Pakistan. Majority of the students belong to elite class of society.