Are you seeking additional information on CISA salaries? This is the post for you if you’re wondering how much money you might make as a qualified CISA. As our society gets more technologically advanced, the demand for persons with technical abilities rises. This includes professionals who understand how to handle the security of today’s rapidly increasing tech data.
As a result, the need for CISA specialists is more significant than ever. ISACA’s Certified Information Systems Auditor (CISA) accreditation is for those in charge of monitoring, managing, and protecting an organization’s IT and business systems. People with positions like IT auditor, audit manager, consultant, and other security experts have this qualification.
Later, we’ll go through the many job titles that a CISA can have, but for now, let’s look at the different sorts of wages you can anticipate if you have a CISA certification. For such an essential technical profession, you may expect fair pay. Let’s put some figures to it.
We’d want to go through the details of the IT audit compensation, as well as the bonus if you acquire a CISA certification.
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Salary for CISA in 2021
What type of compensation can you anticipate if you invest the time and money to become a CISA certified professional? The average pay for a CISA certified professional ranges from $52,459 to $122,326. That’s an enormous range, so if you’re wondering, “How much does a CISA make?” explore a little more.
You could expect to earn between $90-100K if you have enough job experience to qualify for your CISA certification. It varies greatly depending on where you work, how many years of experience you have, and what firm you work for. Even your specific work title might have an impact on how much money you make. The $50-60K range is at the bottom end of the scale and is often reserved for CISAs who are also new to their current post.
It’s also simple to advance swiftly and receive promotions with your CISA. We’ll go over that in more detail later, but certification holders will be eligible for increases and promotions at their current jobs faster than other employees.
Salary Information for IT Auditor
Between 2015 and 2016, salaries in the IT audit profession increased by a healthy 5% across all levels and sizes of firms. This is consistent with the typical practice of internal auditing. Due to regular inflation and increased industrial expansion, certain locations have witnessed greater changes from 2016 to 2021. In terms of CISA compensation, the graphs below demonstrate the growth and trends in both large and medium-sized businesses.
Table 1 Growth in Large Companies
Table 2 Growth in Medium Companies
CISA Salary Supplement
According to a recent IIA pay study, people with a CISA certification earn an average of $105K per year, compared to $65K for those without certification. This astounding number demonstrates how certification may have a significant impact on your annual pay. It doesn’t indicate that it also allows you to apply for jobs that you would not have been qualified for otherwise. But we’ll get to that later.
This is simply a basic comparison because there are numerous variables to consider, such as years of experience, education level, and the kind of firms they work for. However, the 61 percent premium is a strong enough incentive to encourage you to pursue the CISA certification.
More on the CISA Certification’s Potential Salary
So, how much money can you expect to make if you earn your CISA? The raw figures of CISA pay were addressed in the previous parts, but I’d want to break it down a little further for you. How might you determine where you could sit on the salary spectrum if you have a CISA certification?
The typical income for CISA-certified professionals ranges from $52,459 to $122,325 per year, depending on previous experience and region. This is how it’s split out in this graph:
|Position||IT Audit Salary||General Internal Audit Salary|
|Entry level||$63,000 – $74,000||$52,000 – $67,000|
|Junior||$71,000 – $100,000||$60,000 – $87,000|
|Senior||$91,000 – $132,000||$78,000 – $111,000|
|Manager||$108,000 – $166,000||$92,000 – $151,000|
Entry Level IT Auditor Salary
In their first year, entry-level IT auditors can earn between $63,000 and $79,000 in large organizations and $57,000 to $74,000 in medium-sized companies.
Working at a larger company comes with an 8% premium.
Table 3 first year salary
Junior IT Auditor Salary
Salary ranges from $75,000 to $100,000 in major businesses and $71,000 to $92,000 in medium-sized companies for those with 1-3 years of relevant experience. Working at a larger company still comes with an 8% premium.
The wage rise from first-year to junior posts ranges from 19 to 28 percent. If you want to stay in this niche, this might be well worth it.
Table 4 junior salary
Senior IT Auditor Salary
In big businesses, you can expect to earn $100,000 to $132,000 as a senior IT auditor, and in medium-sized companies, $91,000 to $114,000 as a senior IT auditor.
This time, the leap from junior to a senior auditor is larger, at 24-33 percent. It’s easy to see how it pays off over time and with dedication.
Table 5 senior salary
IT Audit Manager Salary
IT Audit Managers earn $116,000 to $166,000 on average in a big business, whereas in a medium-sized company, they earn $108,000 to $148,000.
From senior to manager, there is a 17-30% increase in pay. This is still a substantial pay raise.
If you want to learn much more, go to our full article on IT audit pay and job path. Let’s start with the basics for now.
Table 6 manager salary
What Kinds of Jobs Can You Get With a CISA?
The CISA certification isn’t just for IT auditors (although it is for them, too). The following is a comprehensive list of occupations that you can acquire with a CISA certification:
- Internal auditor
- Public accounting auditor
- IS analyst
- IT audit manager
- IT project manager
- IT security officer
- Network operation security engineer
- Cyber security professional
- IT consultant
- IT risk and assurance manager
- Privacy officer
- Chief information officer
How Do You Obtain CISA Certification?
Does all of this strike you as a good career move? So, how do you get your CISA certification? Here’s how it works:
Step 1. Register for the CISA Exam
It may surprise you to learn that there are no prerequisites for taking this exam. Go ahead and take the CISA exam if you feel it would benefit your career. Work experience is necessary, which we will discuss in step 3.
This is a three-times-a-year test that uses pencil and paper. It is a four-hour examination with 200 multiple-choice questions. Anyone who pays the registration costs is eligible to take the exam.
Step 2. Pass the exam
The function and duty of IT auditors are divided into five domains in the CISA course. Theories are put to the test, but it should be quite simple if you’re an experienced IT auditor.
The passing percentage for the CISA exam is about 50%. Candidates who meet the experience criteria are eligible to apply for the certificate. If you already have job experience, you may take the test straight away and apply for the certificate.
Step 3. Demonstrate that you have the necessary experience.
As previously stated, this is the more stringent component of the CISA certification procedure. You must have at least five years of experience auditing, controlling, or securing information systems.
Work experience must be obtained within the previous ten years of the application date or five years after completing the test.
Waivers can be obtained in a variety of ways.
Step 4. Maintain the Certification
By paying the maintenance costs and meeting the CPE criteria, you can keep it operational. You’ll need at least 20 contact hours every year and 120 contact hours over three years to qualify.
IT audit salaries vary widely based on your position and the firm you work for. As your job entails greater oversight and responsibility, your pay rises dramatically.
Big firms are also prepared to spend more to recruit talent since their structures, businesses, and transactions are more complicated. This is something you should think about for your future job. Would you consider working for a larger corporation in return for a higher salary?
Finally, acquire your CISA (or CIA) certification as soon as possible to take advantage of the significant pay increase. More information is available on our CISA FAQ page. Is there anything more you’d like to know that we haven’t covered? Please let us know in the comments section.