He is not a dumbass lah. He is just stating a blunt truth thats all.
As a first class honour degree holder fresh grad, no need pmp or experience, don;t say project manager, you can even be a program manager. Able to do the job or not is not important as long as have paper. If you work in those mnc, your experience is more important. Just like the other post said no knowledge on the business, no people skill, so if you don't have what it takes but have paper then go to ST loh...