The invention belongs to the technical field of preparation of needle coke and specifically relates to a process for preparing needle coke by utilizing coal tar. The process comprises the following steps: 1, a mixing and settling unit, mixing the coal tar and the fraction lower than 210 DEG C, and performing heating, standing and settling; 2, a filtering unit, pressurizing and filtering the supernatant liquid so as to obtain filtrate; 3, a fractionation unit, fractionating the filtrate in a fractionating tower to obtain four fractions; 4, a hydrocracking unit, performing hydrocracking on the fraction of 210-230 DEG C to obtain hydrocracked fraction; 5, a 1# pressurized polycondensation unit, reacting the fraction of 230-300 DEG C in a 1# pressurized polycondensation device to obtain 1# polycondensate; 6, a 2# pressurized polycondensation unit, carrying out a reaction of the fraction of higher than 300 DEG C in a 2# pressurized polycondensation device to obtain 2# polycondensate; 7, a coking unit, coking the 1# polycondensate and 2# polycondensate to obtain green needle coke; 8, a calcination unit, performing high-temperature calcination on the green needle coke, thereby obtaining the finished needle coke. Therefore, comprehensive utilization of the coal tar is realized.