How much are CGEIT Certified professionals paid?
The top premium IT Governance certification, CGEIT, was designed to certify the expertise of senior-level managers in information technology responsible for overseeing enterprise governance. CGEIT Certificate (Certified in Governance of Enterprise IT) is offered by ISACA, a non-profit organization. It certifies experts' abilities to oversee, support, and manage governance of information technology. It is primarily designed for managers, executives, and senior IT professionals who want to hone their strategies for leading IT teams, C-Suite roles, or top management.
Pursuing CGEIT Certification is a great way to steep the career to the next level. However, it needs lots of dedication and investment. Therefore, the question would cross the minds of professionals: will the investment be worthwhile? According to a survey conducted in 2020, there are over 50 million IT professionals worldwide. However, only 8,000 are CGEIT-certified. Therefore, due to high demand and short supply, IT professionals with the CGEIT certificate can earn the highest-paying salaries.
Average pay after CGEIT Certification
CGEIT is considered one of the top-paying certifications in the IT field. CGEIT-certified professionals earn 25% more than certified professionals on average. With an average monthly wage of USD 134,000, it is ranked 12th internationally. This makes the CGEIT one of the most lucrative IT certifications. Additionally, CGEIT is acknowledged by the majority of organizations, and it is becoming more crucial for executives to hold this credential for handling the roles of CIO and CTO.
What are the top paying countries for CGEIT Certified professionals?
The information technology industry has been predicting higher compensation to fill its talent pool due to the demand and scarcity of a skilled workforce in IT governance. Owing to the abundance of employment opportunities and generally high average compensation for IT governance positions, USA is the top country for cybersecurity careers. It was revealed that Luxembourg offers the greatest salary to cybersecurity specialists, while Singapore has the largest employment availability for the field. The following chart illustrates the list of top paying countries for CGEIT Certified professionals
|Experience in years||Salaries (in Local Currency)|
|United Kingdom||GBP 100,000|
|Saudi Arabia||SAR 376,000|
The US economy is more networked than that of most other nations. Major firms utilize a lot of data to make informed decisions, thereby, expanding the scope of the IT governance profession. Due to its technological leadership, US is more vulnerable to data breaches. Additionally, United States has a wider focus on cybersecurity, which is reflected in the improved employment availability and pay. With an average pay of USD 134,000 per year, it ranks first in CGEIT salary.
Singapore has the highest job availability out of all the countries examined and is a top choice for job seekers. It ranks second in the high paying country for CGEIT professionals, with a high average salary of SGD 134,000. In addition, CGEIT Certified professionals in Luxembourg earn an annual salary of EUR 101,000.
What are the high paying job title for CGEIT professionals?
CGEIT is one of the most challenging and sophisticated IT governance certifications in the world. It is essentially meant to attain the pinnacle of a career and can aid in launching professionals into senior leadership. Managers of IT teams, executives wishing to strengthen their technical competence, and IT workers who are far along in their careers should all take the CGEIT Certificate. The following are a few positions that provide CGEIT professionals with substantial salaries.
Information Technology (IT) Director:
Nearly every sizable organization needs an IT director to oversee the infrastructure of technical operations, manage a team of IT employees, and tracking technology. They are also needed to ensure that internal technology operations run effectively and smoothly. Therefore, organizations offer information technology director professionals USD 120,346 per year.
Chief Data Officer:
Chief data officer is a senior executive with a business focus who is aware of the strategy and direction of the company, but their main concern is how to use data to support those decisions. Organizations hire them to oversee a range of data-related functions to ensure that the business is getting the most from what could be its most valuable asset. Chief data officers are paid an annual average salary of USD 132,000.
Chief Information Officer (CIO):
Chief Information Officer (CIO) plays a major role in implementing IT strategies in a company's operations. Organizations hire them to manage computer systems, oversee software development, and ensure the company is safe from cyber threats. These professionals are paid USD 161,000 per year.
Risk Management Officer:
Risk Management Officer is the executive hired to enable the efficient governance of significant risks, and related opportunities, to a business and its various segments. The organization pays Risk Management Officer USD 100,000 per year.
How much experience increases CGEIT salary?
Experience has a significant influence on a professional's salary across all industries. This also applies to the cybersecurity field, where organizations place a greater value on practical expertise than they do on formal education.
The average salary for CGEIT certified professionals in entry-level positions like risk management officers, IT risk leaders, and assistant IT controllers is between USD 88,000 and USD 110,000. The salary for mid-level and senior positions such as security manager, senior information assurance manager, and governance, risk, and compliance (GRC) manager is between USD 110,000 and USD 207,000.
Earning a CGEIT Certificate is a smart decision since it enables one to receive a lucrative salary as a return on investment. Additionally, CGEIT helps them advance up the corporate ladder and aids them in becoming the most skilled and seasoned IT executives in the world.
Certification enables individuals to shield sensitive IT assets against data theft, password theft, and unauthorized data encryption. They ensure that an organization is using the most recent versions of email clients and web browsers. Content filtering techniques are used by them to block harmful inbound emails. Training enables them to install host-based cyber attack prevention systems. Their maintenance and analyses of event logs makes it easier for companies to deal with cyber security incidents.
Certified professionals are sought after for their effective management of web application security. Whether it is e-commerce, taxation, e-government, or web banking, applications are at work everywhere. So, is the demand for individuals who have undergone training. They ensure that the web applications’ life cycles adhere to the standardized security principles. Starting from the design to maintenance of these applications, they must be secured. Training makes aspirants realize the priority of utilizing only actively supported software libraries belonging to reliable sources.