The youth represent the nation builders of tomorrow. Moreover, individuals with high levels of well-being are more productive at work and are more likely to contribute to their communities. Given the significance of the young population, it is crucial to gauge the levels of their well-being, its key contributing factors, and how to enhance that. Subsequently, the current research was carried out through two studies. In the first study, we investigated the levels of well-being and the affiliated factors contributing towards well-being for a sample of students denoting the youth of India. As per the results of the survey, only about one third of the participants in the sample were flourishing, while the remaining either had moderate mental or were languishing. The results from multinomial logistic regression suggested that specific values and factors comprising engaged living, social connectedness, and family cohesion contributed significantly to well-being. We noticed a significant overlap between the variables associated with higher levels of well-being and components of Brahmviharas. This Buddhist notion consists of being friendly, joyful, accepting, and compassionate towards self and others. Consequently, anchored on how to enhance well-being and its associated factors, the second study investigated the effect of a self-management course offered in a university setting on different components of Brahmviharas. Findings of the (experiment) study indicated a positive impact on Brahmaviharas, on well-being. The research contributes to the literature by highlighting the importance of assessing well-being and the associated factors and undertaking initiatives to improve the level of well-being