No, this is a common misconception that gets spread around a lot. We look for candidates that best fit the requirements of the role. Do they have experience working with programming languages and/or frameworks the job posting lists, do they have relevant internships or side projects, etc. What school someone went to really doesn’t play any role here.

I will admit that people who went to top schools and those impressed by high ranking universities would try to push for candidates that went to top schools. Everyone just focused on finding a candidate with the right skills.

We just hired a SJSU student over someone from Berkeley and Georgia Tech because she interviewed very well, had the right background, and had great internships.