[bitL]

...unless you are in Europe, where it's an almost required gate to upper management.

[gaius]

Only in Germany, certainly not in the UK - here Eton trumps PhD every day of the week.

[bitL]

I probably should have written in German-speaking countries.

I never understood the "reputation" component in the UK education that also made it to QS rankings where Oxbridge are propelled by near perfect reputation while lacking in other, more-academic categories.

[gaius]

Coincidentally I wrote a comment that explains it the other day https://news.ycombinator.com/item?id=15088782