Twenty years ago, the chairman of the board of a large company I worked for was always telling the in-house headhunter to IGNORE college degrees and to find executives who had been successful at other companies doing similar jobs.
I can only imagine what he’s looking for today.
That makes sense; the degree itself isn’t the issue - it is what the applicant can do for the company. This especially holds true if the applicant is a “preferred minority” - black, Hispanic, or female. They are awarded degrees automatically for their race/gender; they just need to fill out the paperwork.