Does an Academic Degree (MBA) poses equal weight/importance as of a Professional Degree ( CIMA-ACCA)?

If your job requirement is more towards articulate presentations and more of a writing work then MBA's will have edge over ACCA's but if your job requirement in towards analytical, evidence, supportings and visionary things then CMA, ACCA will suit you.

about me its near and that improve ur skills and improve ur salary in jobs market

Yes.^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

I fully agree with the answer been added by EXPERTS....................Thanks.

Mr. Duncan,

The question's main area of focus is on the two said Qualifications which have a Dominant importance in the professional career, not towards the technicality of the Jobs. All I meant was in between these two pillars of professionalism, which has an edge over the other.

regards,

Imagine there is a problem with the pipework and there is sewage flooding the ground floor.  You have a choice of hiring one of two teams.  Do you hire

Team A -1 PhD,1 CIMA,1 MBA,1 ACCA and12 other people with similar degrees

or

Team B -1 plumber,1 sewage pipe mechanic