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<p>I think it’s a point of exclusivity. There are a number of employers who only recruit at ‘top schools.’ And even among those top schools, they only recruit the top students from the top schools. Banking is typically viewed to be among the most (if not the most) exclusive of all fields of employment. A similar point can be made with consulting and other fields. Perhaps it’s assumed that if a given school has access to these exclusive jobs, its alumni are capable of getting well-paying jobs that are much less exclusive as well.</p>
<p>Naturally, people want ‘guarantees.’ They want themselves, or their children, to be ‘guaranteed’ a job after graduation. And so, it’s assumed, if I go to this college, or go to this school, I’ll be guaranteed a well-paying job and will have a successful life. I think a point many don’t consider is that employers don’t hire degrees or majors. Employers hire people. And the people they hire tend to be people that are most qualified to fill a specific need of the business. I have no doubt that people from more prestigious schools get passed over for people with better work experience all the time.</p>
<p>I wouldn’t say the prestige of a school doesn’t matter. I mean, from an HR perspective, you’ll want to do anything you can to eliminate the first batch of applicants. It may be easier to get an interview if you go to a more prestigious school. And the only reason I think that’s the case is because it’s an indicator of intelligence and hard work. Even more so if you graduate with a high GPA. But once you get that interview, it all falls onto you. What you’re qualified for, and how well you interview. But that’s a point that’s really difficult to understand when you’re in high school, or an undergraduate.</p>
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<p>LOL! That’s a poor translation on Wikipedia’s part. Scientia in latin means knowledge, not science. Unless we want to assume that the University of Ottawa’s Motto really is “God is the Master of Science.”</p>