CISA Salary and IT Audit Salary in 2020: An Analysis and Trend

 

The world is developing rapidly. The competition is increasing drastically, and this is the major reason why the world of technology and security is booming at another level. The development of the technology world has ended up producing a high demand for skilled professionals in tech and security.

Well, the security concerns are always at its peak whenever technological evolutions take place.

This whole phenomenon has increased the demand for CISA professionals in the tech world. The ISACA is the leading institution that has produced the best Certified Information System Auditor i.e., CISA professionals in recent years.

Role of CISA professionals

Well, the roles and responsibilities of a CISA professional are indeed very critical and crucial in the tech world.

A CISA professional is a skilled individual who ensures that an organization’s IT and Business systems are well managed, monitored, and protected. This certification lands an individual in positions like IT Auditor, IT Audit Manager, Security Professional, and so on.

These jobs are very tough, and the salary for these jobs is impressive. Let us discuss a CISA professional.

Salary of a CISA professional

The purpose and responsibilities of a CISA professional for tech organizations are highly important, so they get a lucrative salary.

It is reported that the salary of a CISA professional ranges between $53,459 to $122,326

The CISA professionals with high experience levels can expect more $100,000 per annum, but it is important to keep in mind that the salary spectrum increases or decreases on the basis of geography even the job designation also influences the pay. However for the individuals who have no experience but have CISA Certification then they can expect their salary to begin with $50,000 per annum, the zero experience holder CISA professionals don’t have to worry much about the salary because such individuals will get increments and promotions rapidly, in comparison to other auditors without CISA Certification.

The CISA Certification is indeed a ticket to increase the chances of promotions and pay rise.

The Overview of Salary

In recent years it has been noticed that CISA demand and profession salary has risen more than 5%, and it is estimated to increase even more in the near future across various levels and companies.

Estimated growth of IT Auditor salary in big companies

Here the big companies denote those companies who have a turnover of $250 million or more every year.

It is estimated that

  1. IT Auditor with 0-1 year experience will get $60,000 to $80,000.
  2. The salary range for an IT Auditor with 1-3 years experience will be between between$100,000 to $110,000.
  3. The salary bracket for Senior IT Auditor ranges between $120,000 to $140,000.
  4. The salary bracket for IT Audit Manager will be ranging between $160,000 to $180,000.

Estimated Salary constraints for IT Auditor of small companies

These are those companies who have a modest turnover of $25 to $250 million per annum.

  1. IT auditors with 0-1 years of experience will get in between $50,000 to $60,000.
  2. IT Auditor with 1-3years experience will get in between $60,000 to $80,000.
  3. Senior IT Auditor will get in between $90,000 to $100,000.
  4. IT Audit Manager can expect a salary between $110,000 to $120,000.

How does CISA Certification affect an IT Auditor’s Career

After an in-depth study of the different surveys and reports, it has been clear that a CISA Certification IT Auditor has always got more than those who work in the same position without CISA Certification. This certification has been immensely profitable in the matter future, company, and designation.

Well, having a CISA Certification shows the seniors that the particular individual has much-specialized skills and knowledge to handle, monitor, manage, and protect the IT System of a company.

It is reflected by a report that a CISA certified auditor gets $105,000 in comparison to those Auditors who don’t have this certification, again all these reports are based on company, geography, and experience level.

Conclusion

The salary of a CISA certified professional depends on their experience levels, geography, and the company they work within.

The CISA Certified Professionals get promoted at a fast rate in comparison to those without this certification, so even if such individuals are beginning their career with junior position and entry-level experience, then it will be compensated considerably in a short span of time.

CISA Certification makes a huge difference as it increases the incentive value up to 61%, which may increase if the individual works are harder to maintain the certification.

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