The present study attempts to quantify GNH and create GNH Index of students of Gaeddu College of Business studies,Gedu. The study focuses on developing the GNH index and also understanding of demographic pattern of GNH level of students of the college. Data was collected from a total of 679 students of the college taken randomly. Results revealed that students are most happy on cultural domain and least happy on time use domain of the GNH. Analysis of demographic pattern showed that the female is happier than male counterpart, students of final year leads in happiness and Haa and Zhemgang Dzonghaks students are the happiest. Thus, the study gives a perspective of the college climate in relation to happiness level of the students in the campus.