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Tuesday, March 31, 2015

Top 5 certifications to increase your market value

Photo owned by ISACA. Visit www.isaca.org for more information

Einstein once said that, "Intellectual growth should commence at birth and cease only at death". College education is not enough in a fast-changing and technologically-advanced civilization we currently live. Most people would agree that education through school and colleges will not guarantee you financial security and personal fulfilment.

Various researches and studies show that obsolescence rate of several jobs-- both in the blue-collar and white-collar area are at an increasing pace. News in every part of the globe shows unemployment problems as quite rampant. This fact is enough to urge you to increase your technical know-how and advance in your playing field.

As business professionals facing the increasing challenges brought by advancements in technology and its implications on risk management, CPAs and other accounting professionals must upgrade their skillset to stay abreast with these challenges and create new possibilities for innovation.

These are the top lists of highly-recognized certifications that would fuel up the market value of CPAs as business professionals:

1. Certified in Risk and Information Systems Control (CRISC)

Photo owned by ISACA
CRISC Certification is offered by an independent, non-profit global association focusing in information systems, ISACA. The organization was previously called Information Systems Audit and Control Association (which actually is the spelled out name of ISACA). CRISC is geared towards IT Risk Management. Its aim is to train IT and business professionals to understand business risks related to IT and its impact to the whole organization and the implementation of appropriate IS controls. CRISC landed as no.1 top-paying Certification, based from the survey conducted by globalknowledge.com, with an average annual pay of $120,000.00.

Read more about CRISC at www.isaca.org

2. Certified Information Security Manager (CISM)

Also offered by ISACA, CISM Certification focuses on systems security management. Professionals who possess this certification focuses on security strategy. Similar with CRISC Certification, CISM is also one of the highest paid certification earning an average annual pay of $118,348.00. The certification requires at least five years of experience in IS, with at least three of those as a security manager.

Read more about CISM at www.isaca.org


3. Certified Information Systems Security Professional (CISSP)

CISSP is offered by the Information Systems Security Certification Consortium (ISC)2. ISC offers certifications similar to what ISACA offers. Accordingly, CISSP certification focuses on information assurance defining the design and management of IT controls that provide optimum security to the business information assets.

Areas tested in the CISSP include information security and risk management, cloud computing, mobile security, application development security, among others. Furthermore, CISSP requires at least 5 years of paid and full time experience in 2 of the domains covered by the certification.
Read more about CISSP at www.isc2.org

4. Certified Information Systems Auditor (CISA)

CISA is also offered by ISACA. The certification is commonly sought by IS audit qprofessionals whose job responsibilities include, but not limited to auditing, monitoring, controlling and assessing IT and Business Systems.

It is the oldest certification offered by ISACA to IT and IS professionals.

Read more about CISA at www.ISACA.org

5. Certified Internal Auditor (CIA)

CIA certification, on the other hand is offered by the Institute of Internal Auditors (theIIA). Internal audit practitioners obtain this certification to demonstrate their competency and professionalism in the internal audit field. Many CIAs play a senior role in various business organizations ranging from Senior Internal Audit Managers, Vice Presidents, Directors, Chief Audit Executives, Chief Information Security Officer, among others.

There are many certifications aside from those mentioned above that CPAs may obtain in order to increase their market value. The accounting profession is very broad and most CPA professionals are versatile. Certified Ethical Hacker (CEH), Chartered Financial Analyst (CFA), Certified Management Accountant (CMA), Financial Risk Manager (FRM), and Certified Fraud Examiner (CFE) are just a few of those highly respected certifications that would surely fire up your market value.


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1 comment:

  1. Yeah CISSP is a great thing to add to your profile if you really want to increase your value in the market. Even our professor Aloke Ghosh used to tell us that we should always have couple of certifications to get a good paying job.

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