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But inequality is a built-in feature of any system where prestige matters.
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Soft firms such as investment banks, law and consulting firms that sell services, like advice, that is more "nebulous" and harder to measure, and where "prestige" matters more, embrace the elite-school brand more readily.
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Yet this had no apparent effect on the underwriters' business, perhaps because prestige mattered more than performance.
Second wave NatWest holed Market discipline The price of connections Simply staggering Get real ReprintsIn 1990, when skyscrapers seemed to be sprouting on every corner in Tokyo, prestige mattered above all.
For both Mr Tusk and Mr Kaczyński, the political prestige at stake matters more than the outcome of referendum.
Prestige seems to matter as much as power.
But no pile of Nobel prizes and prestige degrees, no matter how high heaped, will ever amount to a coup.
During George Sheehan's final days -- he died in 1993 at 74 -- he seemed finally to realize that fame and prestige don't matter so much; they don't last.
Then there are the matters of prestige and physical type.
In a passage that particularly impressed his hearers, he acknowledged that there had been "failures" on the part of Catholics in the past, referring to the now outmoded polemical approach to reunion and to insistence on matters of prestige.
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CEO of Professional Science Editing for Scientists @ prosciediting.com