Many graduates thinks that they only need the knowledge about different processes to be good professionals, but the truth is that the social relationships are as important as the things learned in class.
When I started university I thought that I was going to have all that I needed to suceed in my career (design). But the truth is that is not only about a good teacher and the right materials to be a good designer, but the social relationships that we generate with the right people.
Networking is viewed as a skill for bussiness people, but today it is a skill for all types of professionals that want to have the best opportunities.
Is all about who you get to know and what can you take or learn from that person.
Most of the opportunities that I've had as a designer were the result of a good networking that included not only knowing the person, but maintaining a good relationship with he/she. And that's a basic skill needed in today's workforce.