The literature supports the importance of parenting styles that are necessary to fulfill the developmental needs of the children and eventually improve their quality of life. Baumrind’s typology of parenting styles was used. There are many studies that examined the relationship of parenting styles (authoritative, authoritarian and permissive parenting styles) and academic performance, but there is lack of measurement of the relationship with respect to Pakistan. Current study analyzed the relationship of parenting styles and academic performance along with self-efficacy as mediating variable. Sample of the study consists of 313 university students from four academic departments. Measures included the parenting styles and self-efficacy. GPA was taken as a measure of academic performance of adolescents. Self-reported questionnaire was used to take the response from students. With the help of structural equation modeling, structural model was tested. Results of the study indicate that parenting styles individually have no significant relationship with the academic performance. In addition to this, self-efficacy only mediates the relationship of authoritative parenting style and academic performance. It can be concluded that self-efficacy in individuals is an important attribute necessary for the psychological development of the adolescents. Self-efficacy enhances the individual’s confidence to progress. There is a need to conduct more research on the relationship of parenting styles and academic performance in Pakistan. Implications for parents, teachers, are discussed