How can I compete applicants who have more experience than me for a specific job? does academic excellence make any differences or not?

Khurram, academic excellence does have bearing in job applications but sad to say employers prefer people with more experience.
Work experience offers different learning that you won't learn from your professors and in books.
Anyway, there is a way though that you can stand out among experienced people:1.
Undergo trainings and get certifications from authorized international bodies.
Try getting trainings about new technologies about your field of expertise2.
Always update and improve your CV.
Make sure to include the best "keywords" in your CV.
In this way, your CV is more searchable.
Most CVs are filtered during the screening process.
In Bayt.com, you can check in your dashboard, scroll down and look for: "Is Your CV Easy to Find?" It can show you what keywords in your CV appeared in employer searches.
Remember, if your CV is filtered in the screening process, chances are you will not be interviewed.
And No Interview = Lesser Opportunities.
Hope it helps

كل مجال انت تعمل او تستفيد منه يشكل لك تجربة وخبره

Yes education matters in getting a job and sometimes excellence in performance or being a topper /gold medalist will surely get preferences but sometimes there are many people who has pool of talent and land in odd jobs so finding a right job to show the talent and education is equally important.

 What is thought in theory and what you learn in experience is totally different.

A person who can bring his education handy in his work is termed as true genius.

Even if you don't have that much experience to compete with experienced applicants still you have a room to get hired. As Mr.Mike Emerson opined, your cv is important as it reflects your personality,knowledge,skills,experience and education. Always make sure to add your knowledge database and your training&developments details about the specific position that you apply if you don't have previous expereince in it.

If you are confident about your knowledge,academical background and communication skills make a video CV where you can sell yourself if you are real talented.

I agree With mike, on that A person having field experience is preferable over the one with academic excellence as there is a lot going around in this world aside from what is in the books.
So, one might want to keep himself abreast of new technology which with availability of internet is no longer a problem, also try to take internship jobs in the country you have recently moved to even if they are unpaid.
thirdly keep your curriculum vitae up to date.
Finally after you have done your part, hope for the best and pray for good luck.
Personally my view is that one get job largely due to his luck, because i have seen brilliant and experienced people jobless while those will less experience and excellence get a job.......

I have experienced this situation in my son's case. B.A ( Hons) from Europe, MBA from Europe, but who cares? They all want low paid employees with no qualifications to boot and they will teach him the job over a period of time. That is the mentality. Qualifications can open doors but experience is required so one has to start at a lower position at a lower salary and work your way up through performance and perseverance. This is the way M.E works.

Dear Khurram, Since you are in job now others experience matters little.
You are a gold medalist.
Your job performance, whatever you do, will have a touch of sophistication and excellence.
Because you are educated.
Keep this in mind.
Another way is to observe how these experienced people perform their job, you just think about reducing time constraints.
Experienced people will go by trial and error.
which you do not have to.

An experienced person always looks for a better opportunity, you can attract the employers by demanding a bit less salary package.The other thing you can do is to assure the employers for your loyalty means a specific time period service bond.

try to use a new and unknown tactic

Truly speaking, both experience and academic excellence can’t be viewed in isolation and they have their specific application. Both the fields are interrelated with each other. Remember, experience is gathered through the time process in practical fields and it takes time to accumulate a reasonable experience. Academic excellence is equally important for you to start with experience.  Generally, experience is more applicable for the top positions who needs to work independently, whereas, academic excellence helps to get the opportunity to earn the experience further.

experience is very much countable becuause i understand the difference in education but you cant beat the experience.