Thinking processes and self-awareness varies from individual. They play a crucial role in how an individual perceive, process, and understand information. The mental process involved in acquiring, storing, retrieving and using knowledge is known as cognition. Perception, Attention, Memory, Language, Problem Solving, Decision making are the key components of cognition. The awareness and understanding of one's own cognitive processes is known as Metacognition. It is all about the ability to monitor, control and regulate one's thinking. In simple terms it is “thinking about thinking”. As India boasts one of the world's greatest youth populations. Mumbai being the ‘Dream City” of India has highest young population. Technological advancements have drastically impacted the thinking process of this young population. For exploring these phenomena researchers undertook cross-sectional research using the MBA and MCA students in the age group of 20 to 25 years; residing in the Mumbai Metropolitan Area. 270respondents participated in this study. ‘Meta-cognitive awareness inventory’ consisting of 53 questions was used. Nine constructs were considered-Thinking process’, ‘Cognitive abilities’, ‘Knowledge about cognition’, ‘Learning abilities’, ‘Academic performance’, ‘Learning adaptability’, ‘Self-regulation’s, ‘Problem solving skills’ and ‘Motivation and Engagement’. The reliability of each of the constructs was measured using Cronbach alpha. The adequacy of the sample size was verified using KMO and Bartlett’s test. To test the hypothesis, structural equation modelling was employed. The research structural model fit appeared quite sound since all fit indices were acceptable (χ2/df = 1.992, NFI =0.844, RMSEA = 0.041 and CFI = 0.853).