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Mmm it depends. What is your definition of a good job?
IMO what is more important than your uni is your ability to understand and apply statistical methods to solve organizational problems. Try and get hands on experience in this area and use your IO/uni’s network to get your foot in the door somewhere.
Your job opportunities will be different with Masters vs. PhD. PhDs still go applied, however.
A “good university” may expand your network in this regard. However, the IO community is tight knit and does a nice job looking out for each other.
A “good” degree can help with networking/connections/getting a foot in the door during your first couple years in the workforce after school, but past that it’s all about your personal KSAOs and experience as others have said.