In today's interconnected world, open distance education has become widespread, granting students the flexibility and accessibility to pursue higher education through external degree programmes. Despite the increasing feasibility of delivering knowledge and skills online, a significant hurdle remains in ensuring that participants are adequately equipped for the demands of the professional world of work. Traditionally, exposure to industry standards and practical experiences is gained through activities like industry visits, guest talks, meetups, and workshops, which are often absent in online distance education programs due to their remote nature. This dearth of industry-preparedness and practical skills presents a formidable obstacle for graduates as they transition into the workforce. Thus, bridging the gap between academic learning and industry expectations becomes imperative to enhance students' employability and career readiness, ultimately fostering their success in the workforce. This case study delves into the solution to this challenge through a meticulously crafted programme aimed at cultivating industry-ready graduates. Leveraging available technology, the program provides immersive experiences within the online learning environment. The paper details the Industry Mentoring Program (IMP), which employs technology to simulate real-world experiences, assesses stakeholder perceptions of the programme's value, and offers insights for future enhancements. This programme was conducted targeting the final year students of the Bachelor of Information Technology (BIT) External Degree programme of the University of Moratuwa. This study investigates the experiences and viewpoints of students taking part in the IMP using surveys, interviews, and focus group discussions. Four student cohorts who have undergone the programme have provided their feedback both quantitatively and qualitatively. Across all groups the student satisfaction was totally positive with over 80% of the participants indicating their satisfaction at 4 or 5 on a Lickert Scale of 5 indicating very satisfied. Students’ perception of their preparedness for the workforce after participating in the IMP also is extremely positive. The findings indicates that the IMP significantly improves the career opportunities of BIT students. Feedback obtained from other stakeholders such as potential employers, resource persons and administrators also validate the effectiveness of the programme. The feedback and suggestions are incorporated to enhance the programme. University has decided to incorporate this programme into the curriculum with the 2024 curriculum revision of this open distance degree programme of BIT.