Tracking and waveoffs teach you that you must always separate from other jumpers and indicate to other jumpers, who you may not see, that you are about to deploy your parachute. Spotting teaches you how to maneuver the plane over the desired exit point. Canopy control teaches you how to see and avoid obstacles and how to fly patterns to the ground for soft, tippy-toe landings. Your packing course, if there is one at your DZ, teaches the fundamentally important things about packing. Keep the lines straight and free of parachute material, fold everything in reverse order of deployment you'll have an adequate pack job.
Many variations exist in how the leading edge is folded.
The bottom line is that when you graduate from student status you are a jumper who knows how and can survive premeditated parachute jumps. Just off student status means you can get your equipment, rental or your own, inspect it for airworthiness, and put it on properly. Then you can board an aircraft and take a proper seating position. You can determine when jumprun starts, correct the flight path of the aircraft, if need be, and exit safely. You can maintain altitude awareness and stablity during freefall and pull at the appropriate altitude.