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I am an Australian citizen and studying at University of Newcastle (Australia). Does your graduate school reputation has any effect in your academic career? So if I decide to do my PhD at a US university (like Harvard or Stanford) instead of doing it at an Australian university (say University of Melbourne or Australian National University), would that make me more successful in my academic career? Does that make me more employable? Say that after doing my PhD, I apply for an academic position at a Canadian university, which of them would help here more?

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This seems like a duplicate of academia.stackexchange.com/questions/90/… This question is a bit more specific, but I don't think that will change the answers. –  ff524 Feb 21 at 6:38

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The short answer is yes, of course.

The long answer is, it depends. Ultimately, your future career will depend on your publications and other output, their quality and their impact. If you can produce a number of high quality publications from a lower-ranked university, this will be better than producing nothing of interest from a higher-ranked university. However, the chances of "succeeding" are higher at higher-ranked universities, because they have "better" people to help you along the way. They also have higher standards and more pressure. So there will be a bit of a trade-off.

That said, the University of Melbourne and ANU are good places.

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I'm glad you put "better" in quotation marks. –  J.R. Feb 21 at 10:21
    
Here's another way of thinking about this. Yes, of course, at the end of the day what really matters is your scholarly impact--lots of good publications overcomes a multitude of sins. However, the thing to realize is that you are much more likely to have the time and resources to get those publications, the better your first academic job is. If you get a big travel budget and a lighter teaching load, you just will be able to publish more than colleagues who get jobs with heavy teaching responsibilities. And to get that first job, the prestige of your PhD is one of the primary factors. –  shane Feb 28 at 14:35
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@shane: why not make your comment an answer to the original question? –  Dave Clarke Feb 28 at 14:53

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