MSR wrote:Okay, here is an analogous situation...
What are the chances of me doing some self-teaching and going to consult for Ernst and Young? If they don't want to work with me, then I'll just say that they're not open-minded. After all, a CPA is merely a credential. I can learn everything I need to know on the internet. They should find me credible simply based on my own assertions and my ability to reference the tax code.
Make sense now?
Science and accounting aren't very analogous. There are a lot of high level positions an accountant can reach without a CPA. The designation is more required in public accounting, such as E&Y, because of the laws requiring it in the nature of public acct. work; but aside from it an accountant can indeed reach high positions without a CPA in industry and elsewhere. A similar example that comes to mind in my experience is my professor of a higher level accounting course this fall. Although a PhD is usually the requirement to teach in accounting instead of a CPA, the most this professor has is a masters degree, and the guy is arguably the most astute, precise, and generally most intelligent professor in the department with regard to the complexity of accounting laws and concepts.
So it's good you brought that up. My experience at least in accounting and academic accounting has shown that licenses and designations only absolutely exclude the non-licensed where there are laws requiring the license in order to perform a role, such as in public accounting where CPAs are required after a certain level. Outside of public accounting, CPAs certainly make one more marketable, but they aren't absolutely necessary if you have ways to compensate.
This is why I find it reasonable to be published if I have thoroughly done my homework on the matter in nearly equivalent scope and detail I would have done in pursuit of a PhD. If two papers are exactly identical except that the author of one has a PhD and the other does not, I'm curious if the former has a better paper than the latter? To my knowledge from what I've read, a PhD is not required to be accepted in a journal, and there are also no laws requiring it.