Knowledge V/S Experience

Holding huge experience in work area...

It is because you can become expert in that area

I think both are equally Important & Interdependent...........

 

Both r equally important.....

Without Knowledge we cant get good experience..

Both are equally important....but having more degrees will take you to the top level of an organization easily.

Knowledge is the most important thing. And remember what Swami Vivekananda said - "Knowledge comes only from experience".

 

Without a degree, you may not get a good start, but if you are knowledgable and have the right attitude you will make it to the top. This is an example which many of the today's CEOs have left in front of us.

 

With degrees, you can get a good start, but you will be able to go ahead only if you are knowledgable. Without knowledge, the degrees will remain pieces of paper and will look good only in a show case where people who come to your house will see them.

 

And if you have the guts to come out of your comfort zone and start your business, if you believe in yourself, then you do not need degrees at all. People buy goods and services from those who offer it at lower costs and with good quality. They do not look at the educational qualifications of the person offering them (unless it is professional services).

 

I dont feel that degrees and knowledge are interdependent - We study so much of crap even in CA, MBA and all other courses, and hardly do people remember most of the things they have studied after exams or later. We try to learn hundreds of things at a time. Unless we understand the practical relevance of a subject and put into practice, gaining meaningful knowledge is not possible. Quite a lot of things we learn are outdated, or they keep changing, or they have no practical relevance. Luckily, CA course has less of it

I also do not feel that having degrees necessarily takes you to the top (lakhs of people with tens of degrees are working for people who have never attended school or have dropped out education). I have given more  insights on this topic on my blog. See kraichura.caclubindia.com/blog or krunal-raichura.blogspot.com

 

I also advise all of you to read the Berkshire Hathaway Annual reports. Mr. Buffet has given very good examples of people who run the companies he has invested in. Most of these companies are run by people who have never attending schools. And he has mentioned very clearly in 2008 report that he is not a fan of big resumes.

Krunal Raichura has given a very good response to the above; yes in the to-days scenario one thing shuold not be forgotten the importance of Experiance. You will learn lot of things by experiance because you have faced it as it comes to you. The knowledge which comes to you by experiance is more practical as well. As well the degrees are also important which will judge that you are capable of handling the situation. Unless you are qualified person and may be having a very good experiance, may still avoid you climbing a big position for various reasons.

KNOWLEDGE IS MOST IMPORTANT IN TODAYS WORLD,I MEAN DEGREE,

BT ONCE U GET JOB BY DEGREE, BUT UR PROMOTION IS NOT SURE, BUT IN EXPERIENCE U GOT JOB, UR PROMOTION IS MUST.

degree is important to start and than ur experience will take you further

Knowledge vs Experience is an unending discussion.

I would just like to say one more thing, knowledge does not come necessarily by passing an exam and getting a degree for the same. For example, a person can read the same books which all of us read and gain more knowledge out of it than all of us do. Its just that passing the exam gives some evidence to show that we have learnt something from the books. (and yes it can boast our ego as well)

Just because a person does not have a degree, i mean just a piece of paper, nothing can stop him from succeeding, nothing can stop him from even being the richest person on the earth. One may have a look the fortune 500 list of richest people, or look at the people behind the fortune 500 companies today, and for sure you will find people without degrees. I am not talking about 1 person, so we cant say its an exception, but there are many people.

Degree is not the only way of getting a good job. There are other ways too, but they are more difficult than getting a degree.

Knowledge is important only....but only through knowledge you cant achieve every thing ...you need experience to be an expert in any field

 Professional Knowledge is the foundation on which  a career can be built with experience. Knowledge is the accumulated experience of our predecessors.  Such Knowledge broadens and deepens our understanding of a circumstance.

But for material success in life, one needs certain personality traits and wisdom, whch may or may not come from knowlege.

In job as CA, one needs broader knowledge base to succeed.

If one does the practice of his profession, then the deeper knowledge and experience in narrow areas are required.

 

Thanks

 

Abhi

Degrees can be obtained by obtaining good knowledge only, but experience might be bad, worst or good.
We should learn from the experience of others. There is no need  of getting experience by doing mistakes.

We are at a age of 20-40, and whatever we are living and doing is already done by someone else before 20-40 years.

I opine that we should learn from the autobiography of earlier learned personalities.

CONCLUSION:

The main thing is knowledge which is needed not the degrees nor the experience.

i beleive that knowledge is necessary,

but the fate of our life is decided by our experience...

the world if filled with the gr8 men who had no degree but only experience....and they were successful

Knowledge is what u accumulate from Institutions.Institutions have accumulated knowledge repository.

When you get an opportunity to use that knowledge in practical life it is the start of accumulating Experience.

When u use both knowledge and experience in practical life to face / solve the uncertainity situation , then u are using wisdom.

Facing the uncertain situation wisely requires both experience and the book knowledge accumulated from institutions.

Example to prepare business model u need to have book knowledge of finance and the experience of sector / industry for preparing the business model and to drive actions towards acheiving the end as projected in business model.