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The present study investigates the awareness and use of information resources and services by M. Com students and faculty members in First Grade College Libraries of Udupi District of Karnataka. For this survey the sample population consisting of 160 M. Com students and 15 faculty members from three selected First Grade Colleges from Udupi District. 175 well-structured questionnaires were distributed among the users, out of which 160(91.4%) had given their response. Findings revealed that most of the users were satisfied with the available library resources and services. On the basis of finding, some suggestions have included to increase user’s satisfaction from libraries. To conclude that, library should focus on user’s orientation programs to enrich and promote the use of library resources and services.