During interview what factor a company should consider as important, Good Education or Relevant Experience?

education and experience are important, however, as a person moves up the career ladder, relevant experience takes precedence over education.

Well well well...this question am sure is paradoxical but at the same time relevant in today's dog-eat-dog world. You cannot leave either of them while considering a good candidate.They are both two sides of the same coin.

But to make things easier for any selection process, usually you consider education for freshers and experience + education or just experience for experienced candidates. But nevertheless, as I said it is paradoxical to answer such type of questions, I preferred to be on this side of the debate, simply because, I am experienced and not a fresher.

I do agree with srikanth,both are necessary and required,for fresher education and their percentage is required and for experiance holder their experiance and their stability in count..

Experience should be the foremost category while screening a candidate as it reveals the expertise & knowledge of a candidate in a definite field of work which the  interviewer is looking for.But as per all our industry standards & HR policy, a requisite education like Graduation or H.S.E. is needed for a specific job. But as a professional Guy in recruitment industry , I solemnly believe that if a candidate has worked and had proved his mettle in his past working ground about his quality & expertise about his definite job , he or she should be granted or screened as per his job performance not by his Certificates which is a list of authorized document.  

i am agree with Srikanth that freshers should have sound educational background with enthusiasm to learn and grow whereas people with experience should be judged on their knowledge in the field/domain they r working in.

Experience and the capabilities of the Candidate iare more important than Education. An avg person can also gain the degrees with avg marks, however can't build the qualities/expertise/innovations with the help of Education or degrees.