Will there be any preference for graduates in Sound Engineering Colleges? Will I be treated different from non graduates?

Is there any difference or any preference given to a graduate and a non-graduate or they are treated equal at sound engineering colleges? i am going to be a engineer from electrical and electronics branch...so what i wanted to know is that whether i ll be having an edge over the other students or not?? i mean am i wasting time... because i will be getting the same course as the person who is 10 2 pass... so will there be any difference???