For better or worse, Wall Street is a "who you know" sort of world where reputation and image go a long way. Although getting a job with a Wall Street firm
does not require a degree from a top-notch university, the fact remains
that many top banks recruit at a limited number of schools, and those
schools are often prominently placed on the ubiquitous "Best" lists. In
fact, in some cases, particular firms will hire only from a
narrow list of specific universities; if an outsider applies, their
resume will "be kept on file," but the odds of an interview are quite
low.
Read more here:
http://www.investopedia.com/financial-edge/1212/how-to-get-a-job-on-wall-street-if-you-went-to-community-college.aspx#axzz2ErYWZFtb
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