How much does coming from a non-target hurt you in the long-run in IB?

So as we all know coming from a non target and landing a job in IB is pretty fking tough, due to obvious reasons such as lack of OCR, lack of networking etc. I'm interested to know that if a non-target student somehow lands a job in IB, how much will the fact that he/she comes from a non-target hinder them for the rest of their careers? Will it potentially have a heavy impact on assocate promotion/PE recruiting/other potential exit opps?

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Once you land a job in banking, I don't think your school matters that much with respect to how you're treated and whether you will be promoted. The bank I worked at had some awful analysts from places like Harvard and some incredible ones from non/semi-target schools. You will be judged based on your performance, attitude, and personality (well, depending on the culture of your firm).

With respect to PE recruiting, I think it makes a bit of a difference. Some funds do seem to care a lot about pedigree (e.g., Crestview, H&F) although once you land an interview, I don't think there's much of a difference, if any.

For the absolute top business schools (HBS / GSB), your undergrad school matters more than you'd think. All things equal, the guy from Princeton is going to have a clear edge over the guy from Rutgers. 23% of the HBS 2020 class secured an Ivy League degree. The guy from Rutgers can still get there but it's going to be a much harder hill to climb. Keep in mind that many people would argue that the value of an MBA is significantly lower now than what it was 20 years ago.

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