Graduate School and Real Estate Developer

Does graduate school quality make any difference in becoming a successful real estate developer (M7 school or some small or unknown business school)? I know some graduate school don't require GMAT, but going to graduate school that doesn't affect my future success as a RE developer? I got an advice that I should or could gain RE experiences before applying for graduate school, but do you think working for small or unknown RE firm can make negative effect on my future application for M7? If I'd like to apply for M7, do you think it's better to work for large corporations even if they are not related to RE field?

Sorry, there are a lot of questions, but I'd be glad if anyone (especially those who are in business school or RE field) could provide insights on this.

Thank you very much in advance.

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