I wouldn't think so. They might get their first choice of specialty within the army as a young second lieutenant, and get some compounding advantages from that. But twenty years later, when you're up for promotion to general, aren't they going to look at your achievements as a colonel rather than wave you through on your long-ago test scores?
Promotion to general is very much a political effort as well as job performance today, but even more so back then.
Being at the top of your cohort from the beginning has a number of advantages. Your name is known from the very start. Big things are expected and big opportunities are presented. There is probably a very strong personal commitment to a military career by those bothering to achieve top scores, and not being a career captain, but aiming for colonel or above.
Being the top of the class also puts a person on a track that is even promotable to the very top. A 2nd lieutenant supply officer just isn't on the same trajectory as a high profile infantry officer commanding a forwardly deploy combat unit.