No I doesn’t matter much whether you study at highly named institutions and universities until and unless you are ready to take opportunities…
I does make difference in your ideologies thought process everything…but if you are unable to go to renowned institutions…you can obviously learn and work towards and create opportunities.
(*This my personal opinion)

I personally think it that both matter, because if u study in a highly named institution then you get opportunities, while if u don’t study you wont.