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What is the benefit for an IT individual to have formal certification (e.g. MCSE)?

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What is the benefit for an IT individual to have formal certification (e.g. MCSE)?

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The I.S.P. designation makes a statement — the individual is trustworthy. He/She can be trusted to abide by a code of ethics and trusted to be competent for the work he/she agrees to perform. The benefit to an IT professional results from employer realization of this value statement. Vendor certifications, such as MCSE, generally provide a more specific, defined value statement. 10.

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