cherokeejew

It's really not a very interesting question whether a larger % of people from Yale UG get in than from Michigan UG. Obviously the students at Yale are stronger on average, so they will do better, but that doesn't indicate the effect of the Yale degree.

What we really need to know is what chances the same person would have at either of the schools.

Looking at NMSs in the other thread, despite fewer total students, there are more top students at the top privates than the top state schools. From these numbers alone it would seem possible that a larger percentage of those top students are actually successful in PE at the state schools than at the top privates. Obviously there is the problem for calculation that some of the spots at these firms are getting taken by non "top students", but it's still imperative to adjust by the quality of the competition.

Of course, the numbers here don't allow comparison of UGs, since it is mixed in with graduate schools of varying quality. Comparing UGs for people with advanced degrees is pretty worthless, though, anyway, since the effect of the business school is surely dominant.