>> It's not that you need those credentials to model in Excel.
> Rather, you're signaling that you have a proven capability to work long hours, deal with bullshit, work "within the system", etc. It's not about intelligence.
I'm going to argue the opposing part for a bit here: So OP's response should be (something along these lines):
HA, there you admit it's putting up with bullshit! But if it's bullshit what's wrong with cheating on it as long as I get to where I want (within the system)!
Rather I would suggest the premise that there is an ethical guideline to behaviour should rest, on our ability to validate the consequences of this behaviour. So in the embezzlement behaviour clearly there is a deceived party and someone suffers. In the student cheating behaviour perhaps there is a deceived party (the future employer) - but it's not clear whether someone suffers or not, are biology 101 grades a good indicator of anything (i.e. future performance), should students caught copying biology 101 exams be exorcised from their academic institution with prejudice?
My take on it is that least in the US there is an overtly-strong caveat for this kind of thing (i.e. even copying assignments), while we are generally accepting of various other forms of deceit (i.e. sociopathy).
That said in my personal experience standardized tests are a good deal better than attendance grades, participation grades, national honor society, club activities or whatever other bs people have to put up with in highschool.