My adviser called me to his office as he was considering two candidates (both Indians) for a Ph.D. position. He wanted my opinion on who he should choose. I had taken a class with both of them. So, I knew both of them quite well. One of them was from IIT and another from a local college. I told him the pros and cons of choosing each candidate, but, my final recommendation to him was "Choose the candidate not from IIT!"
What did my adviser do: "Chose the candidate from IIT!", just because he was from IIT. So, it does matter.
I like to blog about various topics ranging from education in IITs to social issues in India and US. All opinions and views presented here are my own and not of my employer.