The license will validate your skills and objectively allow hiring managers to assess how competent you are in those skills.

The license is an assessment of your existing knowledge as opposed to a class, course, or certification. So, you will not learn much as far as education goes but you will learn how proficient you are in the areas you are tested in.

The exam has a comprehensive breakdown of your skills, knowledge, and competencies. These exam results may be shared with a hiring manager if you'd like. In most cases being able to see a potential hire's skills is a great way to make an objective decision about hiring.

The exam and license process allows you to be vetted up front with a focus on what you can objectively deliver, as a Practitioner, to a company.

The license allows you to be vetted and gives you an objective evaluation of you and your skills by non-bias authority. In other words you are not only proving you are fit to work but you now have the credentials to back it up.

You'll have access to continued education and be up to date on the latest and greatest best practices and industry standards.

Statistically licensed practitioners are more likely to be hired than non-licensed Designers and Researchers. Statistically licensed practitioners are paid more.

Your license allows you to negotiate more pay because you are a vetted professional with verifiable skills. You are also beholden to a higher authority that provides guidance and oversight.

Non-licensed Designers and Researchers can't bring that level of assurance to a company.

No. If you do not have a formal degree you are required to add a letter of recommendation to your application.