Emotional intelligence as conceptualized by Salovey and Mayer (1990) consisted of three different categories of adaptive abilities. Firstly, it is appraisal and expression in the self as well as others. Secondly, there is a regulation of emotion in the self and others. Thirdly, it is utilization of emotion that includes flexible planning, creative thinking, redirected attention and motivation. It has basic five domains viz. Self Awareness, Managing Emotions, Motivating Oneself, Empathy, and Handling Relationship. The application of the principle of emotional intelligence to the work and everyday life would be most advantageous, especially for students. This paper highlights the concept, skills, model, components, importance and ways to develop emotional intelligence among students.