I have passed 29 computer exams, from hardware to software development, plus some BSCS, does that means a PHD to my employer. I guess not. I have interviewed a "MCSE", he did not even know how does TCP/IP work? A college graduated student, I interviewed before, he did not know what is cat 5 cable either.
Basicly, Certificate or Degree does not mean anything. If you spend some times and M$, you will get what you want utimately. (I mean certificate and degree.) even worst, there are plenty of dump out there. Since I was a student, I haved passed more than 200 exams, I can said I am pretty good at taking exam at this point. I have only failed two exams once in 29 exams.
the most important thing is what you can do? Not every developer will develop a equal QUALITY AND QUANTITY software, even they have same Degree and Certificates. Software developement, it is about mind work and it can not measure by certificates or degree.