<p>There was a quote about HBS years ago that wetn something like " Harvard admits people who are likely to succeed, and then takes the credit when they do so".</p>
<p>Generally, I think thats the case for all the schools discussed. </p>
<p>There are some advantages, though, of going to the Ivies and well known highly selective schools. One is in recruiting. Certain firms and industries only recruit at such places. Another is in grad school admissions. All of the graduate and professional schools like to have representation from the best undergrad schools in their student body. This especially comes into play for those Ivy grads who may not have been in the upper half of their class, and are not getting one of the few spots at Yale Law School. [Granted, it can work the other way too, and I agree with the idea that its easier to get into medical school from a less competitive university]</p>
<p>I don’t entirely disagree with Mr Samuelson,… but life is not purely meritocratic, and has at least a little bit of luck and bias mixed in. To the degree that you have a hard time “proving” how good you are, or where performance is unrelated to academic ability (this may be a majority of jobs, btw) then your talent will have a hard time shining through.</p>
<p>One thing to be careful about in informal or even formal rankings by recruiters…many of them dislike the Ivies because the graduates don’t want the jobs they are recruiting for. This happens at the undergrad and business school level. There are plenty of “up from the ranks with a chip on their shoulder” recruiters who enjoy telling stories of Ivy arrogance and incompetence. The business world (as well as other worlds) is “tiered off” with organizations with varying degrees of desirability as places to work. For many, its not surprising that they have a hard time hring or retaining talented people with attractive alternatives. When I was in the finance business, Harvard Business School was by far the best place to look for candidates, with Wharton and Stanford and six or seven others being very productive also—beyond that, given our needs and time, it wasn’t worth a trip to many places. If someone came through the door at the right time and appeared attractive and highly competent, he’d be hired, but he’d have to get to us on his own.</p>
<p>Finally, on the “non-elitist” Ivy aspect, 35 years ago, my high school’s admits to the Ivy I attended were a steel company middle manager’s son, a welder’s son, and a telephone lineman’s son. All had very high scores and grades, two went to law school, one to business school. In any case, you can’t hold peoples family background against them. More than a few of the sons and daughters of successsful people are highly qualified and talented, even if one sometimes finds that in conflict with his view of the world.</p>