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I think that you are correct in general. It is undeniable that graduates of Ivy-and Ivy-caliber schools are prefered all else equal and that includes ibanking. To argue why or complain about it is a waste of time unless you are in a position where you can implement real policy changes. I don’t think that anyone at a school like Rutgers (like myself) would argue that you would have an easier time finding a job compared to an Ivy undergrad in most cases.</p>
<p>However, while this may apply for many professions, it does not apply for ALL professions. There are professions where the barrier to entry is set in stone and if you do not meet certain hard credentials such as licensing and degree level (BS/BA, MS, PhD or some Doctorate) you have no shot at all and an Ivy-brand name can’t help you.</p>