<p>am00 - Especially for ibanking, firms care about undergrad. They have target schools which they recruit from, as spots are extremely competitive. It would be near impossible to get a spot otherwise, even if you took the extra initiative.</p>
<p>They don't look at applications and tell themselves "oh, he or she is from a good school" -they only take the people from the specific schools they look at.</p>
<p>Northwestern is recruited moderately there. Georgetown is not.</p>