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Fast-forward to a corporate boardroom for an executive appointment at a major technology company. A partner from one of our venture capital firms said to me that they only consider an executive at this level for a strategy role if they have been trained by one of the greats: Bain, McKinsey, or Boston Consulting Group. Hold on? If these management consulting firms hire based on the signal of a college degree and now it is indeed those firms that are acting as the signal for executive hires—what does that mean?

The answer is obvious. Your college degree is incredibly important. It sets up a reputational snowball that will affect every facet of your working life. It may even affect your dating life!

When I first wrote about this at the age of 16 in our student newspaper at King's College, my wonderful English teacher told me to shelf the article because it was “too depressing.” Why? I'd wondered to myself.

As long as you as a young person or a parent go into education with eyes wide open, understanding the Herculean high-stakes competition in front of you and how to beat it, knowing this is one of the most impactful things you can do for your motivation, then it is not depressing but just a situation you know you need to negotiate.

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