I disagree with you there. It might be shady, but there are honest operators that hold the same ethical covenants as any other business--the basic covenants involved in keeping up your end of an established contract.
So, what ethical perspective do you think this industry adheres to? Is it consequentialism, deontology, hedonism? I'm not being an a** here, I'm just pointing out that a general rule in the business is not an "ethical covenant." Drug pushers and protection gangs also make it a point to satisfy their "contracts."
What do you mean by "general writing process?" If you mean grammar and spelling then you're right, a master's won't help you there.
While not disputing the general logic, I'd like to see a source.
It's a direct response to your statement that intelligence and education are not related/proportional. By "not disputing" it, are you admitting that you were wrong?
Firkowska-Mankiewicz, A. (2011). Adult Careers: Does Childhood IQ Predict Later Life Outcome? Journal of Policy and Practice in Intellectual Disabilities, 8(1): 1-9.
"indicate that the IQ score at age 13 could be viewed as a relatively good indicator for future life outcomes, defined in terms of attained education, occupational status, and material well being."
Lynn, R., and Mikk, J. (2007). National differences in intelligence and educational attainment. Intelligence, 35(2): 115-121.
"They suggest that national differences in educational attainment may be attributable to differences in IQ, or alternatively that national IQs and in educational attainment are both indicators of the mental ability of national populations."
Your little "DEGREE" wouldn't mean s-i* in the US or UK.
Actually, a degree from a CFA accredited institution (there are 35 in the Asia-Pacific) is recognized by worldwide.