Does Social Capital Matters in Career Development?

The research was conducted in order to understand the social capital phenomenon in terms of family, friends and community organization networking and how it has an impact on the career development of young business graduates in Karachi. The theories of Bourdieu, Coleman and Putnam were analyzed in order to grasp the field of social capital. The data was collected through a questionnaire from three universities (i.e. SZABIST, SMI, and IQRA) and total numbers of 114 respondents were added in the research. It was found through this study that respondents give more value to networking within the community organization and little less value to family and friends networking. The weaker relationship was observed between family networking and career development of young business graduates and the slightly better correlation was found between friends networking and career development of young business graduates. However, the moderate relationship manifested between community organization/s networking and career development of young business graduates in Karachi, Pakistan.