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ie. the best students get the most "trendy" specialisations (aeronautics...), while the worst students get the least "trendy" ones (paper), and like I pointed out with the example of my friend above, paper is just another specialisation, it doesn't make you any less of an engineer than an electronics one. Thus even if the "paper" school is less prestigious, it won't be a problem because you'll only be competing against paper specialists anyways.
This doesn't exist in HEC ... mainly because the school I went to is one of very few public schools (I think there are only two). All the others are private which means that students are discriminated upon by business prestige alone (ie by a school's budget and its lobbying relations, more than by any specialisation).
Sorry I'm tired, I don't know if I'm making any sense here.
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