A degree certainly helps. How many Dhirubhai Ambanis are there compare to other successful people with formal education? And if a degree is not useful, why did Dhirubhai send his sons to collage and for heigher education abroad ? Both Mukesh and Anil Ambani could have worked in his empire from their childhood days and have not wasted years in collage. Work experience is important. But if you have a formal degree, you get some knowledge before you get the experience. If you do not have the degree (Means formal education as per my understanding, not a pecie of paper from a university) you will have to spend hours to solve a problem, which you will never consider as a problem at all if you have the theoritical knowledge. So I do believe that theoritical education is important to get better work experience. Theoritical education is like childhood where you get everything readymade,(knowledge is given to you), practical work experience is teenage where you like to explore things,(Work experience you get without any degree). If you knwo how wonderful the childhood is, you can enjoy the teens and then become a good adult. (A good professional)
