Do consulting firms hire candidates from MEng degrees?

I'm thinking of applying to MEng programs in IEOR at Berkeley/Cornell, etc. Do MBB firms hire candidates from such MEng programs? What about MS programs?

I've a perception that MBBs generally group students from MEng, MS and Bachelors degrees from a particular college into the same pool and then pick out the top candidates irrespective of program type. Is that true?

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