True.
Wharton business grad is considered better than a Harvard MBA.
But the big advantage with Harvard and the Ivy league schools is the alumni organizations and the networking.
The networking aspect is what you pay all those hundreds of thousands for these schools. Once your in the club, more doors do open for you when it comes to jobs.
That's true in the past but given that the Wharton School has such high respect in the business community if you're a Wharton graduate there will be plentiful people looking for you for a management job.
Boy, are you dead on correct. When I worked in Manhattan, I lost track of the number of substandard people I met that had entire careers handed to them on silver platters for no other reason than that they were Harvard undergrads. And the vast majority of them simply were not that good at what they did.