12-06-2005, 02:23 PM
pracs you sure that guy is CFA, because from what I know CFA/ACCA/CIMA are hottest properties in middle (there are only 11 CFAs in Saudi Arabia) and even partly qualified are at premium. (experience is considered somewhat as a secondary consideration) That guy might have unluckily got entrapped in strict labor laws there under which one cant switch jobs. I can give you many example where ACCA part one passed landed good paying job in big companies even they had no substantial experience. One of my students here (only 1.1, 1.2 and 1.3 passed) is now working in Deloitte. He had zero experience when they took him on (Basic salary $1500/m). The reason was he was pursuing professional qualification.
At least I can talk of middle east that here they give a lot of value to what professional qualification you hold, albeit partly qualified. You get well paid. Even though experience matters but its qualification that adds value to experience and determines what shape you are going to give the experience you get on job. (I donât know how to put it correctly) but I feel its qualification that makes you do things better what you do practically. So my humble conclusion is that qualification and experience are complementary and together they give perfect recipe of success and the absence of one makes things sour.
Kind regards
Asif
At least I can talk of middle east that here they give a lot of value to what professional qualification you hold, albeit partly qualified. You get well paid. Even though experience matters but its qualification that adds value to experience and determines what shape you are going to give the experience you get on job. (I donât know how to put it correctly) but I feel its qualification that makes you do things better what you do practically. So my humble conclusion is that qualification and experience are complementary and together they give perfect recipe of success and the absence of one makes things sour.
Kind regards
Asif
