This study attempts to trace the differential pathways that dalit and non-dalit students from comparable elite educational backgrounds traverse in their journey from college to work. While the training they receive in the university world is quite comparable, dalit students lack many advantages that turn out to be crucial in shaping their employment outcomes. Dalit students support the affirmative action policy completely, which allows them to break their traditional marginality. Our findings suggest that social and cultural capital (the overlapping of caste, class, family background and networks) matter a great deal in the urban, highly skilled, formal and allegedly meritocratic private sector jobs, where hiring practices are less transparent than appear at first sight.