Education in its holistic approach serves many purposes. It enables a person to stretch his potentialities for welfare of self, family and society. Education enthuses the individual with responsibility of developing and sustaining a just socio-economic system, conserving and transmitting human heritage, moreover adopting a sensible and sensitive approach towards utilization of resources. These aspirations can’t be accomplished in absence of proficient educational system, especially a professionally competent lecturer. Student lecturers enter the initial B.Ed. lecturers training programme with already established beliefs and value system. Their perception of lecturer and teaching profession can play a significant role in developing competencies to be an adept lecturer. This paper is an effort to get a glimpse of student lecturers’ preferred competencies.