I have been offered a Marie Curie Fellowship as a PhD researcher. That means I would be employed by the business school to carry out 3 years of a PhD project approved by European Commission. I would simultaneously have the status of a PhD student and a business school employee.
However, the business school is perhaps ranked around 9 to 10 in that country. A serious concern is if other (better ranked) schools in that country and in rest of Europe will look down upon my PhD just because it is not from the list of elite schools in Europe. This particular school is not ranked by 2 of the well known rankings, though it punches way higher than its size and overall reputation research-wise in a third ranking, which is often considered the most trusted by students embarking on PhD at a business school.
I know what the project is and who my supervisor will be. He is an active researcher, though I don't know to what extent he would go on to support me during and after PhD.
The alternative is a regular PhD program, with a full scholarship at a pretty strong brand name within Europe (another country). However, its research ranking is not very good, but the overall impression of that school Europe-wide is impressive. The school overall features in top 30 worldwide in one of the rankings, but for research in my area of studies, it ranks between 100-150 by 2 rankings and about 200-250 by the third. This school is ranked 3rd-4th in its country and is known internationally for its MBAs et cetera, so at least recruiters would know the school. I don't know what project I would eventually finalize and the supervisor I would get, but as they say, the chances of things going wrong are lower at a good school.
My goal: I am looking at a career in academia afterwards. Some professors I spoke with have hinted that it is often the name of the graduating school that gets you noticed. Could the mention of Marie Curie fellowship compensate for any weaknesses of the specific school I attend? If so, how do I overcome the reputation and get noticed when the recruiters are said to be interested in shortlisting based on the recognition / popularity of schools?
EDIT: The Marie Curie Fellowship is at a business school that has only very recently (last 3-5 years) published in the highest rated journals but the brand image has still not improved in view of the professors I spoke with. I told them about the high impact research it has in recent years produced but according to them, it goes in the following order (for fresh PhDs in business) where your CV may be dropped after considering each of the following: 1- School where candidate did his PhD, 2- Publication record, 3- References, 4- Supervisor, his record, placement and publication record of his other PhD students. Any business management professors / anyone related to academia in business management, please give your input.