Does Bank/Group Matter Post-MBA?

So, I'm just wondering...we often hear many debates on group selection, and exit opps: Citi vs CS vs Moelis vs Greenhill....M&A vs TMT vs LevFin etc.

But what about those coming in as post-mba associates? Does group/firm even matter anymore? obviously your pay is correlated with dealflow, but is this the only deciding factor? Do associates even want M&A anymore?

Who cares if its Jefferies or RBC or GS, if pay isn't too variable, and you plan on staying anyway?

Thoughts?

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