Col Prakash Khandekar completed his ISC ( 12th ) from Mount St.Mary's , New Delhi in 1971 and joined the 46th Course NDA as Army Cadet in June 1971 . He graduated as Cadet Sergeant Major (CSM) of LIMA Squadron in 1974 after obtaining B.Sc.degree from JNU.
He joined the Indian Military Academy, Dehradun - June 1974 and was commissioned on 15 Jun 1975 into the Corps of Electrical & Mechanical Engineering (EME) also known as The "EAGLES" as a Second-Lieutenant (2/Lt).
He obtained a B.E.degree from Osmania University on graduating from CME (Pune) & Military College of EME (Secunderabad). Did various courses including Fundamentals & Programming,System Analysis and Design, Group Testing Officers Course & PGDBM (Post Graduate Diploma in Business Management)