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Certificate/Diploma/Degree V.S. Work experience
I think a bit of both, a degree and experience. However, what I've learnt during my time in University hasn't necessarily helped me through my working career. For Example, Universities do not exactly teach you how to use Google Analytics, how to use Google Adwords, or SEO. Well not when I was in University anyway.
We all get our first job after graduation with the help of academic certificates only. We should acquire job related professional qualifications or certifications later to grow fast in the selected field. In fact, what is more important depends on career level.
Certificates and degrees are as good as toilet paper today. I'm sorry. This is not because organizations or companies dont value your education, but because education systems around the world are haplessly theoretical and decreasingly real world. The very few around the world that focus on real world education are too focused on short term arrangements and aren't prioritizing academic sustainability.
That said, it can also be quite subjective and the answer to this question may not be so simplistic. For example, degress and certificates in the medical industry are still of vital importance because you want doctors who have gone through a standardized, accredited education system in order for them to be able to treat you. In industries such as marketing and new media (internet, music, entertainment), degress mean nothing. This is because of the 'real -time' nature and speed at which these industries change. A benchmark or standard today may not be the same tomorrow, and so constant on-job experiences, relationships with co-workers, networking, adoption and embracing of new technologies inside the working ecosystem is a lot more valuable that acquiring a piece of paper whose validity has an expiry date.
The speed of business today requires professionals to be agile, adaptive and responsive to new developments and this speed is practically redefining the paradigm of how we approach formal education.
It Depends!!
The Degree v/s Experience debate is talk of the town recently. In this day and age, many marvels if an advanced education is as yet an advantageous venture, given the ascent of a few outstanding "independent" business visionaries and thought pioneers who skirted an auxiliary instruction out and out. While it might appear that this discourse is new—it's most certainly not.
"Individuals have scrutinized the estimation of an advanced education for a considerable length of time, despite the fact that—factually—a higher education is as yet one of the main speculations you can make that ensures an arrival on your venture. For example, somebody with a four-year college education ordinarily acquire a million dollars more in their lifetime than an individual with only a secondary school degree, and it's a comparable situation for somebody who holds a graduate degree."
Considering the sizeable financial returns that come with a degree, does this mean formal education is more advantageous than traditional work experience??
When we asked a couple of Human Resource individuals from big 4 companies, as per them, they still give major importance to Experience with basic degree in mind. But as we started this article with a comment “It Depends” ….
For a CEO profile, they give importance to how many years of experience that individual has along with a minimum post graduate degree in Management. Same goes for a Chief Operating Officers (COO) profile, a certification or Degree in Operation Management gives an edge towards this profile.
So, we can think about our degree as a structure on which you really make the genuine structures by understanding. In the event that the structure is powerless or poorly planned, you can't make a solid structure on it. Once you have a solid structure, you can make the most delightful structures on it, or even Once your hypothetical information of the subject is impeccable, you can pick up the best involvement in your life.
One point to add here is, as the businesses around the world are changing rapidly in recent time, one should keep focus on learning new skills to be viable in the business.
I think as of importance, work experience has the priority but in today's world that is nothing if you are not holding any certificate/diploma or degree.