if you want proof that paper qualification isn't such a big deal in the long run, go to linkedin - check out the profiles of AVPs/VPs/Ds in the banks, those Indian/Pinoy expats. these are the ones with salaries from 8k.

take a look at their education, which university they came from. Anna University. Nagpur University. Mapúa Institute of Technology. heard of them? me neither.

do you think the decision makers at these orgnizations would think "ah these guy has been performing well, let's promote him to AVP. no wait he is from SIM lets not promote him. let's promote that guy from NUS instead because, you can't go wrong with NUS."