Transcript for:
Overview of CGEIT Certification Process

hello everyone i am eric from invensis learning with a session on certified in governance of enterprise i.t welcome to our youtube [Music] channel you aspiring to become a certified in governance of enterprise i t professional if yes you should have a clear idea of cgeit and what processes you need to follow to become cgeit and be efficient enough for directing managing and supporting the it enterprise governance at their workplace there are many certifications available but cgeit is one of the popular certifications you come across for it governance certifications in its article we will discuss which it isn't everything related to that in today's session we will discuss what cgeit is and start with some information regarding isaka so without further ado let's get started with today's agenda we will begin this session by discussing what cgeit and how it is a part of isika next we will learn about cgeit post that we will look at the introduction to cgeit certification course in detail moving on we will discuss the cgeit certification requirements in depth next we will discuss the cgeit certification syllabus which is combined with its four domains in a straightforward way we will also discuss the benefits of cgeit certification in the it world next we will discuss the overview of the cgeit salary post that we will discuss the cgeit exam cost with a detailed explanation related to cgeit certification then cgeit exam format next we will discuss cgeit job opportunities in depth finally we will end the session by looking at the target audiences who can take up this certification as experts in directing and managing any enterprise i hope you are okay with the topic of discussion so let's get started what is chit introduction to c g e i t is it certified in governance of enterprise i t this is c g e t is a vendor neutral certification designed for it professionals responsible for directing managing and supporting the i t enterprise governance to validate their skills for example professionals working in i t governance compliance and risk management might want to achieve the certification the cgeit certification promotes the advancement of professionals knowledge and application of i t governance principles and practices in addition it enhances one's credibility and gives global recognition in the job market information systems audit and control association issaca is an international professional association that offers a wide range of topics for directing managing and supporting i t enterprise governance izaka has served the professional community for more than 50 years issac is certified in the governance of enterprise i.t cgeit certification is a framework and this is the only it governance certification for individuals or any professionals certification can put you in the role of a trusted advisor or some higher professional hierarchy to your enterprise the certified in governance of enterprise i t cgeit introduced in 2007 and effective since december 2008 provided by izuka isaka focuses on the fundamentals of enterprise i.t governance the program has been designed for professionals who want to expand their it enterprise governance principles application and practices so therefore it leads to an increase the productivity with optimum efficiency izuka provides the globally recognized cgeit certification through which candidates can develop a successful career in i.t security and governance the governance of enterprise i.t cgeit certification is for those aspiring for executive positions cgeit authorizes you to handle the governance of an entire enterprise and consider a way to the c-suite if you aren't already there also cgeit credential tests an individual's knowledge and application of enterprise i.t governance principles and practices as many companies prefer cgeit certified candidates over others having acg eit certification is important in today's job enhancing trends while we discuss the introduction to the course and its demand today let's see the experience requirements and everything else you need to know to satisfy the cgeit certification requirements to earn the solid enterprise i.t governance certification cgeit certification requirements the cgeit requirements and eligibility may seem complicated but let's take it one by one the certified in the governance of enterprise i t provided by the information system's audit and control issaca display to potential employers that you are effective in advisory management and assurance responsibilities in the realm of governance however certain requirements or prerequisites have to be fulfilled before you set out on the path to acquiring your cgeit certification to apply for the certification first you must have a minimum of five years experience in either management an advisor or an overseer role in the i t domain specifically second along with those five years a minimum of one year of experience in establishing and managing a framework for i t governance is a must also you must have supplementary experience and a minimum of any two cgeit domains which are colon governance of enterprise itit resources benefit realization risk optimization here our purpose is to guide you through the potential of technology worldwide to help businesses professionals and their organizations enable innovation through technology professionals need to meet other following criteria to become cgeit certified but first let us look at the requirements applicants should meet to become cgeit certified successfully passing the examination submitting cgeit application to isikah adhering to the code of professional ethics from izuka maintaining cgeit certification participating in the cpe program complying with his auditing standards let's look at them in depth first successfully passing the examination passing the cgeit exam is the first step in gaining the certification successful candidates will be sent all the required information to apply for certification with a scoring mark interestingly you can attempt the examination before completing the cgeit certification prerequisites and many opt to do this second submitting cgeit application to isaka once you successfully clear the cgeit exam you must download acg eit application from the official izuka website within five years you need to complete and submit this application and from the day you complete the exam with a passing score if you do not do this within five years you will need to take the examination again and resubmit your application once you clear it again the required experience must be within 10 years before the application date third adhering to the code of professional ethics from isikah here members of isako or cgeit certificate holders must agree to the code of ethics to guide professionals with personal conduct let's just take you through the code of professional ethics as a go forth issac cgeit certification holder shall stand up for the procedure followed by the governance and management of the enterprise including audit control security and risk management maintain the standard of conduct and not disrespect the association or the profession and serve the interest of stakeholders should maintain the privacy of any information of their activities unless demanded by legal authority maintain proficiency in their respective areas and activities they're responsible for with the necessary skills and knowledge should appropriately convey outcomes of work to respective parties including disclosure of significant factors dot you may be subject to disciplinary action from isika if you do not comply with it and this could result in your cgeit certificate being terminated moving on to the fourth one maintaining cgeit certification once you get your cgeit certification you are required to meet some additional cgeit requirements to maintain the certification the cgeitcpe known as continuing professional education requires cpe hours over an annual and three-year certification period should obtain at least 20 cpe hours relevant to the it governance domain and report it annually to the izaka despite only 20 hours being required annually you must report 120 cpe hours for a three-year cycle period so you must make an effort towards this the hours can be in-house corporate training educational courses workshops conferences and so on pay the cg eit annual maintenance fees of forty five dollars for members and eighty five dollars for non-members comply with the code of professional ethics from iss requirement participating in the cpe program several professional events are hosted by izika which you as a certificate holder are encouraged to attend that could be workshops seminars and many more however you must obtain proof of attendance at those events because it could be taken as proof of the cpe hours required to maintain your certification now with the last and sixth requirement complying with his auditing standards cgeit certified holders are randomly audited every year and must prove that they meet the cgeit training requirements 12 months before the three-year reporting cycle once you are selected for the audit then you must provide the following colon your name the title of your activity name of sponsoring organization for events description date the number of completed cpe hours as we are done the requirements for cgeit certification let's start with cgeit certification syllabus let's go through the four domains of cgeit certification updated in 2020. the areas which are designed will help you to start your preparation on the right foot dot the cgeit exam has a specific test concept that is being tested cgeit syllabus is in line with the izuka the curriculum includes topics and subjects designed to represent the generally accepted minimum and core competencies required by cgeit previously the cgeit exam covered five domains that reflect new trends and emerging technologies in 2020 the cgeit exam content eliminated strategic management from the criteria as strategy and management are incorporated throughout the other domains isika certified in the governance of enterprise i t c g e i t examination that verifies candidates have basic knowledge and proven skills in the iss it corporate governance domain this certification is mainly targeted to professionals who want to build their careers in the it governance domain the cgeit course outline is mainly categorized into four major domains as described below governance of enterprise i t which carries 40 percent of the syllabus i t resources which carries 15 of the syllabus benefits realization which carries 26 of the syllabus risk optimization which carries 19 of the syllabus now the examination is based on four enterprise i t governance knowledge domains and is subdivided into many knowledge areas according to the issue cgeit certification syllabus each of the above domains is divided into many knowledge areas let's see those first let's start with domain one governance of enterprise i.t this domain of the enterprise governance framework can analyze the candidate's understanding regarding covet iso idle and other best practices the domain also ensures it aligns with the corporation's mission statement while accounting for internal and external requirements such as compliance with regulations it also covers the assignment and responsibilities in a range of techniques related to a company's management processes exam questions for this domain will test a candidate's knowledge on the various prospects including information asset lifestyle handling information and classification and information supervision and ownership in addition to testing their competencies in the application and optimization of i t enabled enterprise investments now the domain governance of enterprise i t is broken down into three knowledge areas which are a governance framework v technology governance c information governance each of the knowledge mentioned above areas has different course objectives therefore to make things clear these topics are mentioned below and classified according to their domain for governance framework the topics which we'll discuss are components of a governance framework organizational structures roles and responsibilities strategy development legal and regulatory compliance organizational culture business ethics for technology governance the topics which we'll discuss are government strategy alignment with enterprise objectives strategic planning process stakeholder analysis and engagement communication and awareness strategy enterprise architecture policies and standards for information governance we will discuss the topics as given below are information architecture information asset life cycle information ownership and stewardship information classification and handling moving on to the second domain which is i t resources the second cg eit examination domain covers the planning and optimization of it resources including sourcing and accession strategies capacity planning asset management and human resource development to ensure the right processes candidates might be required to recognize acquire and maintain it capabilities e g services applications infrastructure information and people in terms of i.t resource optimization the exam might test candidates accomplishments in i.t resource management data management data governance and service level agreements slas plus supporting task statements could require the individuals to meet the expectations of contracted service providers requiring knowledge of the shared information view now the second domain that is it resources is broken down into two knowledge areas which are it resource planning it resource optimization each of the knowledge mentioned above areas has different course objectives therefore to make things clear these topics are mentioned below and classified according to their domain for i t resource planning we will discuss the topics as given below are sourcing strategies resource capacity planning acquisition of resources for i t resource optimization we will discuss the topics as given below are i t resource lifecycle and asset management human resource competency assessment and development management of contracted services and relationships we are moving to the third domain which is benefits realization this domain covers the key performance indicators that indicate that the investments are made to improve the i t infrastructure which will benefit the enterprise passing exam questions related to this area requires the knowledge of calculation methods benefits continuous principles improvement and how to monitor and measure the roi of i t enabled investments in addition gaining knowledge about critical improvement initiatives to ensure that it objectives reach their target is also crucial most of the initiatives are relevant to the it life cycle's last stage and include the following steps plan do act and check additionally the benefits realization domain made test candidates on business case development strategies processes creation transition implementation and support of i t services and offerings the third domain benefits realization has also been broken down into two knowledge areas which are it performance and oversight management of it enabled investments each of the knowledge mentioned above areas has different course objectives therefore to make things clear these topics are mentioned below and classified according to their domain for it performance and oversight we will discuss the topics as given below are performance management change management governance monitoring governance reporting quality assurance process development and improvement for management of i t enabled investments we will discuss the topics as given below are business case development and evaluation i t investment management and reporting performance metrics benefit evaluation methods and the fourth and last domain is risk optimization the last cgeit exam domain assesses a candidate's ability to acknowledge that an applicable framework illustrates good governance in addition the it management framework should be the only one that helps identify analyze monitor manage communicate and mitigate i.t relevant business risk sectors candidates must have command of bcp that is business continuity planning drp that is disaster recovery planning and establishing kris that is key risk indicators relating to both risk appetite and risk management as well as mitigation and tolerance lastly risk optimization requires that the framework aligns with an erm enterprise risk management framework various risk management standards and frameworks can apply including iso 31000 coso erm and risk i t the fourth domain risk optimization has also been broken down into two knowledge areas risk strategy risk management for risk strategy we will discuss the topics as given below are risk frameworks and standards enterprise risk management risk appetite and risk tolerance for risk management we will discuss the topics as given below are i t enabled capabilities processes and services business risk exposures and threats risk management life cycle risk assessment methods in the next topic of discussion let us learn the cgeit certification value and training benefits for your it career benefits of cgeit certification let's now explore the details about certified in the governance of enterprise it registered or cgeit certification certification and training benefits cgeit course advantages and know whether cgeit certification is worth it holding acgeit certification can bring the following benefits to professionals a competitive advantage for the professionals with certification from their respective peers better pay package and fast career growth recognition for their knowledge and expertise globally ability to leverage the resources and tools of a global community of industry experts advantages of becoming part of an elite peer network cgeit certification mainly recognizes professionals for their knowledge and application of best practices and principles of enterprise i t governance in addition cgeit certified professionals successfully demonstrate their capability of bringing it governance into an organization thus enhancing the value to the enterprise so as we have learned about benefits let's look at the kit certification and its worth is the cgeit certification worth it cgeit is one of the top grc that is governance risk and compliance and can provide a spike to professionals in their future career advancements the candidate who clears the exam will be certified if they have five years of experience in it governance and a year of experience required to establish and manage any framework for it governance once the cgeit certification is accomplished the holder needs to keep up the date by obtaining and reporting to isika 20 cpe in a year and 120 cpe over three years the professionals with cgeit certification credentials have an average salary of 141 thousand dollars making it one of the most flourishing certifications in it so we can say that all the hard work will be worth it recent research showed that cgeit credential holders earned an average of u.s 141 363 dollars making izuka's chit certificate ranked top in the global knowledge list of highest paying certifications for 2018. let's look at our next topic of discussion that is cgeit salary based on different locations various job roles and experience overview of the cgeit salary with the significance of it growing leaps and bounds in enterprises businesses only want to hire professionally certified people who can manage the intricacies of compliance therefore more organizations adopting i t management strategies such as cg eit certification are powerful assets in today's job market that gain high salaries so to know more about cgeit salary let's take a detailed look at those cgeit salary across the globe the cgeit certification pay scale varies based on location job title and experience now let us go through the salary details based on the mentioned criteria let's see cgeit certified professional salary based on different locations mentioning all the top countries where cgeit professionals can get a competitive salary including the usa uk canada india and australia the below table shows the salary of cgeit professionals in these countries where according to the top pay scale for the usa the cgeit professionals earn an average salary per annum of 140 000 u.s dollars similarly for india the cgeit professionals earn an average salary per annum of 250 000 indian rupees finally for australia the cgeit professionals earn an average salary per annum of 135 000 australian dollars for canada the cgeit professionals earn an average salary per annum of 113 000 canadian dollars for the united kingdom the cgeit professionals earn an average salary per annum of 100 000 pounds now let's see ccgeit certified professional salary based on various job roles acg eit professional responsible for managing the enterprise i.t governance to validate their skills in the field but the rules are different across organizations popular job roles for cgeit rit director cio vp of information technology senior i.t manager senior business consultant and others the table below is the cgeit salaries for the top cgeit job roles professional from the i.t director who earns an average salary of 140 000 us dollars per annum for job roles as chief information security officer earns an average salary of 180 000 us dollars per annum similarly for information security analyst earns an average salary of one hundred forty seven thousand eight hundred seventy two us dollars per annum for job roles and information systems as manager earns an average salary of sixty six thousand five hundred us dollars for job roles as chief risk officer earns an average salary of two hundred forty two thousand five hundred us dollars and last but not least job roles as chief data officer also earn an average salary of around 132 000 according to pay scale now let's have a look at cgeit certified professional salary based on their experience the below table shows the work experience has been broken down based on the number of years of experience according to pay scale professionals with experience of less than 10 years in c g e i t will have twenty point zero percent of the c g e i t population professionals with experience between ten to eighteen years in the field of c g e i t will have forty seven point three percent of the cg eit population finally professionals with experience with more than 19 years in the field of cgeit will have 30.9 of the cgeit population highest paid now wondering how much is cgeit certification going to cost know all cost related aspects here let's get started the cgeit certification is supported by the i t governance institute itgi it is ideal for professionals who hold a significant position in advisory management or assurance roles relating to it governance having said this professionals need to crack the cgeit exam to earn their certification to take the exam you have to know cgeit certification cost here is the cost related information regarding the certification the cgeit certification cost includes both exam cost and training cost so let us go through both of the costs in detail cgeit exam cost the cgeit exams cost mainly depends on information systems audit and control association which is a professional association focused on it governance membership here is the break of the cgeit exam fees related queries the cgeit exam content outline is based on changes in it governance professionals work practices and market dynamics with trends that have been placed the exam cost for attending the cgeit exam differs based on izuka's membership the below information shows the exact information about the cgeit exam cost for isaka members the certification exam cost will be 575 in addition to maintain their cgeit certification candidates must maintain a certain number of cpe continuing professional education ours over an annual and three-year certification period for 20 cpe hours with an annual maintenance cost of 45 dollars for isaac is similarly for non-members of visica the certification would cost you seven hundred sixty dollars if any individual wanted to go for recertification they would have to pay an extra eighty five dollars to maintain their cgeit certification candidates must maintain a certain number of cpe continuing professional education ours over an annual and three-year certification period for 120 cpe hours with an annual maintenance cost of 85 candidates must also submit required documentation if selected for auditing and comply with the izuka code of professional ethics now let's talk about cgeit training costs in different countries cgeit training costs vary from country to country the below table gives the complete information of the sam let's see in india the cost for cgeit certification varies between inner 67507500 in the usa cgeit certification varies between usd 2300 to 2500. in australia the cost for cgeit certification varies between use 3191-3545 in canada the cost for cgeit certification varies between cad 3191-3545 in the united kingdom the cost for cgeit certification varies between gbp 1795-2495 now let's take a look at cgeit exam format professionals willing to take the cgeit exam and meet the prerequisites mentioned by isika can take the cgeit exam however to clear the exam the exam format is necessary so the details of the cgeit exam format is given below the first exam type will be a closed book and multiple choice question next comes the exam which is made up of 150 questions next is the exam duration which will be 240 minutes the maximum score that can acquire is 800 though the passing score is 450 out of 800. cgeit certifications have three years of validity and certificate holders must be up to date by satisfying izuka's continuing professional education cpe policy next let us explore cgeit job opportunities the job opportunities for professionals holding cgeit certification cgeit holders maximize the return on investment by managing it investments with the experience and practices required to align i t with business strategies in addition cgeit enables you to handle the governance of the entire enterprise and recommend professionals moving to the c-suite according to izuka it has been seen to be a 22 boost on the pay scale now we will discuss job opportunities on specific job titles target audience and work experiences job titles the cgeit certification presented by izuka has been designed for it governance professionals with five years of experience in any concentrated advisory role in it control in any enterprise the certification is listed as one of the most in-demand and money-making it certifications cgeit is spread into six job practices areas they are i t governance framework value delivery strategic alignment resource management risk management performance measurement knowing your experience level and your skill set you can decide your demand in the market and it is very important to research to find out what you are worthy of doing so now let us look at who can or should earn the cgei tup next who should earn the cgeit the cgeit designation is globally recognized for professionals who have governance and risk management experiences and knowledge isaka has evolved with cgeit qualification to suit professionals working in management advisory and assurance roles and show proficiency in the current field with adequate knowledge the target audience lists are as follows senior it managers i t directors manager governance risk compliance cio's ceos ceases it assurance professionals information security and compliance professionals although i t professionals who possess cgeit certification will get benefited in terms of the path which enhances their job opportunities let us take a look at other job practices related to the above given practices and target audiences in detail below i t governance control specialists the specialist adheres to internal policies and conducts risk analysis and implements the company's i t governance control senior i t internal auditor to meet the compliances and objectives with the effectiveness of the company's security procedures his compliance manager addresses the policy management risk management and compliance management and various information about security governance functions governance risk consultant ensures that all the organizational control policies and procedures are maintained lead analyst the task of lead analysts are to maintain and resolve the identified audit issues and objectives i t risk manager addresses the threats to information security and executes the company's risk management program and analyzes supply chain risks info and data security cgeit target audience cgeit certification is helpful for anyone who wants to improve their skills and become part of their organization's success the job roles that can benefit from c g e i t certification include but are not limited to i t managers i t analysts business professionals i t consultants i t directors i t executives i t governance professionals the past decade saw a rapid demand for cgeit professionals according to isika organizations have seen a massive improvement with 90 percent effective teamwork with certified professionals as a result the career prospects for being cgeit professionals are growing rapidly now is a sapient time for those wishing to switch to the cg eit professionals and invensis learning can help you get started at invensis learning we provide certification training courses for cgeit professionals qualifications enroll now with invensis learning to learn from the best in the industry become a certified in governance of enterprise i t 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