It is in some jobs.
Newly educated or plain new employees are fairly useless until they have 1-3 years experience in my job area. We would routinely pay graduates or masters levels less than experienced technicians or field engineers because they took so long to create any value.
I’ve taken many courses and many stop short of giving actual usable skills. You’re supposed to do that on your own time supposedly. You don’t get start to finish an internship experience until senior year for software engineering. Electrical Engineering you may not learn soldering or how to actually build a power supply from physical parts.
You see some of this if you go through "entry-level" MOOCs at elite schools, especially in topics like computer science. As a refresher I took MIT's Intro to CS and Algorithms or whatever it was called. I would have been utterly lost had I not already known Python reasonably well.
That's probably less true in some other majors; there likely no real expectation you've taken shop classes for mechanical engineering. On the other hand, you'll maybe also graduate without knowing a lot of the ins and outs of designing and building a piping system.
I’ve taken many courses and many stop short of giving actual usable skills. You’re supposed to do that on your own time supposedly. You don’t get start to finish an internship experience until senior year for software engineering. Electrical Engineering you may not learn soldering or how to actually build a power supply from physical parts.