Of course not. I have discussed this numerous time on here with other posters(I think me and you tag teamed another poster about this very subject). OSU and UGA are also pretty highly ranked, but would NEVER get picked over a Miami alumni with a similar GPA. I know for a FACT that UF(who is ranked higher than us) will never get a recent grad placed at an elite PE firm in the city, but Miami still lands kids there every once in a while. Successful companies don't give AF about those rankings. No chance David Solomon says "well you know I really like this kid from Miami and we had success with a lot of kids from Miami in the past, but some guy making 60k a year at US News thinks UF is better so I will give the UF kid the job".
Yes, the general trend is probably accurate(ie. some school ranked 210 like WVU is probably not as good as a school ranked 53(Miami), but overall these lists are just made to sell money and let the people that had 0 success in life brag about their college rankings. Partners at Goldman don't brag about their college ranking, they brag about what they did with their degree. If you find a 50 year old guy talking about how high his college is ranked, he probably had 0 success in the real world.
I was merely stating that we have been trending backwards since Shalala, BUT we are still higher since we joined the ACC. Not that it matters one bit(especially for me, since I already graduated and landed a job. Miami could drop out of the top 250 and I won't all of a sudden be fired since my school dropped). I was just stating that our ranking did go up since we joined the ACC.