I think fresh graduates need to do 2 kinds of learning when in University:

1. Formal Study
Study and do well in exams that the university is teaching to get a nice paper to show to your future employers

2. Real World Study
Create a jobstreet account fast fast. See what kind of jobs are available, what you like to do and what skills are employers asking for. Then, drop by MPH / Kinokuniya or any bookstore of you choice to get a book and learn what the heck are those things mentioned in the job ad.

After you have done your uni assignments, spend some time to do your own stuff that you learned from the book. Example for IT grads: Create some simple program to exercise what you have learned, or redo your uni assignment in a different language method.

Then think and ponder. Take other subjects as deemed fit if you have the opportunity. Example: Take an advance database course to complement your self study on database. From the job ads in jobstreet, you can roughly see which technologies / software are "in" and which are not. You'll be surprised that some of your lecturers might be very shallow and might not even know what people are using in the real world.

I'm pretty sure if you can try to keep up to date with jobstreet during your uni years, by the time you graduate, you should have some of the important skills needed by the industry.