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And even then, it's not so much prestige of the school, but the reputation of the department and your particular advisor that matter the most (besides your own research, of course).
Definitely, I agree that it depends on your publications and technical knowledge in addition to your exposure to people in your field.. That is why the majority of this graduate board doesn't recommend "prestige" as a main criteria for going to a particular school. Fit and comfort with your research area and a good advisor are about 100 times more important. And also because research emphases vary a lot from university to univeristy.
However, once you obtain your PhD, the importance now lies within the post-doc positions you acquire (assuming you're going that route).
For grad school, as others have said, what matters is the "prestige" of your advisor. More importantly, what matters is whether that well known prof will go to bat for you.
Hence, if you end up in industry for whatever reason, then, frankly, your research doesn't really matter, your advisor doesn't really matter, and your publications don't really matter. The prestige of your school matters.
Highly inaccurate. Most industrial PhDs are first hired because of their technical knowledge specific to your publications, research and projects they have worked on.
Sakky, I know you love using examples where PhDs join investment banking or financial consulting firms. But I think the vast majority of investment bankers have taken the traditional business/economics route with MFEs or MBAs, not a PhD in humanities or engineering
And the vast majority of the people pursuing PhDs do not hold investment banking/financial consulting as the highest standard of a career as you seem to always imply
And stop saying:
Look, blah blah blah.
Sakky cites examples but he never cites figures
I know 10 people off of the top of my head who intend to go into academia
Again, those firms don't know who the best advisors/publications are, and don't care. They just trust the MIT brand name.
MBA from Texas or U Dallas? Who cares (outside Texas ) ?