YES Computer Science Degree helps in the long run
Depends on the role. Degree is always valuable but professional experience or unique skills (like security or industry experience) are strong considerations.
Yes, employee must have adequate level of education in IT.
They do hire analyst diplomas.
It depends on the department and position. They tend to recruit from university if possible through coop programs. Yes they prefer Computer science degrees for software development jobs.
Yes, it required related
I am graduate in Arts however I had 2 year post +2 (10+2) diploma in computer application and got job there. Not only that I was always better than average contributor according to performance. Once I was best of year. So computer degree is not must but recommended.
I believe they are flexible on this front, but I can't say with certainty
Computer Science Degree holders