high paying business certifications 2
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BUSINESS CERTIFICATIONSHIGH PAYING2015’S
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The global job market is heading towards objective learning and goal-orientedtraining. Both employees and employers are on the lookout for short term coursesthat certify an individual with a specic skill. Professional certications act as adifferentiator against the competition. They validate your skills and give you an
edge over your peers. Research shows that 91% of hiring managers considercertication a criterion for hiring and another 84% of hiring managers believe thatcertied professionals are far more productive than their non-certiedcounterparts.
Here’s a list of 7 trending business certications of the year that can boost yoursalary package. The rankings are based upon the average salary a professionaldraws after receiving the respective certication.
TOGAF
CSM
PMP
CRISC
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SALESFORCE DEVELOPER
DATA SCIENTIST
DIGITAL MARKETING
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TOGAFVital Stats
The Open Group Architecture Framework orTOGAF is an Enterprise Architecture frameworkthat helps in designing, planning and implement-ing the information security architecture of anenterprise.
TOGAF as a professional certication programfor individuals and organizations waslaunched by the Open Group in 2004.
Architects across the globe have taken this certication, and today,well over 25000 professionals are TOGAF certied.
Industry Relevance
The TOGAF certication enables professionals toacquire specic knowledge about the standardframework and methods of enterprise architectureand help them demonstrate their provenknowledge of the framework.
IBM, HP, Oracle, Deloitte, Capgemini, Cisco, and other leading giants areimplementing TOGAF® methodologies to transform their business, there
by increasing the job opportunities for TOGAF® certied architects.
There has been an exponential growth in theEnterprise and IT Architecture vertical and it is expected to grow morerapidly in the near future.
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Salary
TOGAF certied Enterprise Architects areearning a whopping $124,000 compared to their
non-certied peers and are most sought-after byFortune 500 companies.
Skills
Generic skills such as leadership, team-building,and soft skills
Business skills comprising business cases,processes, strategic planning
Enterprise Architecture Skills comprising modelling,system integration, applications & role design
Project Management Skills
Technical Skills
Legal knowledge about data protection laws, contract law,procurement law etc.
Eligibility Requirements
TOGAF 9 Foundation (Part-1): There are no set eligibilityrequirements for taking up the TOGAF 9 Foundation(Part-1) examination. Any aspiring candidate who wishesto build a career in Enterprise architecture can take up the examination.
A candidate may achieve certication either throughself-study or by attending TOGAF AccreditedTraining Course.
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TOGAF 9 Certication (Part-2): For taking up TOGAF 9 Certication(Part-2) Exam, a candidate must have passed the TOGAF 9 Foundation(Part-1) Exam from the same ATTC provider.
Examination Format & Cost
This Exam consists of 40 multiple choice questions.You need to write 22 or more correct answers to qualifyin this exam. The passing score is 55%. Each correctanswer scores one mark.
How to acquire the TOGAF Certi-cation:
TOGAF 9 (Part-1):
This exam consists of 8 multiple-choice questions that are based oncomplex scenarios with gradient scoring. Passing score is 60%. The examis open book and a correct answer scores 5 points, the second bestanswer scores 3 points, and third best scores 1 point. A hardcopy or PDFof the applicable textbook is provided by the test center.
TOGAF 9 (Part-2):
Exam Duration: 60 Minutes Exam Fee: USD 320 + Local Taxes
Exam Duration: 90 Minutes Exam Fee: USD 320 + Local Taxes
This exam consists of 48 questions and is taken by those aspirants whowish to take the level 2 certication in a single examination. It comprisestwo sections and each section must be cleared with pass marks similar tothose on the separate exams (Part 1: 55%, Part 2: 60%).
TOGAF 9 Combined Part 1 & 2
Exam Duration: 150 minutes Exam Cost: USD 495 + Local Taxes
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CRISCVital Stats
The non-prot group ISACA offersCRISC certication
CRISC as a certication was introduced in 2010
More than 17000 professionals across the globehave earned this certication.
A CRISC professional is ‘Certied in Risk andInformation Systems Control’
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Industry RelevanceThis certication is specially designed forIT professionals, Project Managers and otherprofessionals who wish to identify andmanage risks with an appropriate InformationSystem (IS) control.
Salary
A certied CRISC professional earns an average
annual salary of $119,227
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Skills
Ability to identify and manage risks.
Problem-solving skills
Ability to work in teams
Time Management
Relevant business knowledge
Ability to plan and establish goals
Competence in auditing
Eligibility Requirements
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A minimum of 3 years of cumulative experience inperforming the tasks of a CRISC professional acrossat least three CRISC domains
Pass the CRISC (offered worldwide everyJune and December)
Adhere to the ISACA Code of Professional Ethics
Agree to comply with the CRISC Continuing Education Policy
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Examination Format & Cost
ISACA uses a 200-800 point scale with 450 as thepassing mark for the exam.
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$545 for members $725 for non-members
Examination
Cost
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CERTIFIEDSCRUM MASTER
Vital Stats
Offered by the reputed Scrum Alliance.
This coveted credential is offered to thoseprofessionals, who have successfully completedCSM training and have proven their skills in Scrumterminologies, practices and principles in theCSM exam.
CSM provides better and greater job opportunities to professionalswho wish to build a strong base in scrum and agile practices anddevelopment.
There are more than 262,000 Certied Scrum Masters.
Industry Relevance
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Project managers across industries
Product owners
Software architects
Developers
Testers
Coders
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According to payscale.com- A CSM® professionalhas a median salary of $112, 000 a year. Also,
a Certied ScrumMaster® earns 3% more thana ScrumMaster.
Salary
Skills
A CSM must be proactive.
Ability to develop and foster teamwork.
Ability to promptly and clearly disseminateinformation
Effective communication skills
Great problem-solving ability
Ability to handle stressful situations
Ability to take a call and make decisions
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Eligibility Requirements
Although there are no set eligibility requirements for thecertied scrum master certication, it is advisable to havesome understanding of the principles and possess workingknowledge of the overall scrum process. The candidatemust understand the individual roles of product owner and
development team.
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Examination Format & Cost
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35 multiple choice questions
Write 24 or more correct answers to pass the exam.
Candidates can take up the exam only after thecompletion of two days training.
The test takes about an hour to complete.
The fee for the CSM exam is included in the course and will be paid bythe trainer. There will be two free attempts after which $25 will becharged.
Examination
Cost
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PMPVital StatsPMP is the most sought-after certication forProject Managers offered by the reputed PMI.
According to PMI Today magazine (Jan 2015edition), there are 639,023 PMP certiedprofessionals across the globe.
The PMP certication exam covers ve areasrelating to the lifecycle of a project: initiating, planning, executing,monitoring and controlling, and closing.
Industry Relevance
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Construction
Government
Public Sectors
IT
Manufacturing
Salary
According to PMI, Project Management is amongthe top skill sets in-demand at organizations
across the globe. The median salary for a PMPprofessional is $109,405.
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Skills
Excellent Communication Skills
Masterful soft skills
Effective Leadership Skills
Time-Management Skills
Sound Industry & Solution Knowledge
Conict-Management
Organizational & Multi-tasking skills
Human Resource Management
Risk Management
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Secondary degree with at least ve years of projectmanagement experience with 7500 hours leading anddirecting projects and 35 hours of project managementeducation.
To be eligible for the certication program,you need to have enough Project managementworking experience.
Criteria:
or
Eligibility Requirements
Four-year degree with at least three years of project managementexperience, with 4500 hours leading and directing projects and 35hours of project management education.
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Examination Format & Cost
Examination
At present, the examination fee is
Cost
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USD $405 for PMI member USD $555 for non-member
175 scored multiple-choice questions and 25 pretest(unscored) questions that sum up to 200 questions.
The allotted time for the completion of the examis 4 hours.
A candidate is required to write 137 correct answers to pass the exam.
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SALESFORCE
DEVELOPERVital StatsThe Salesforce Developer certication is anecessary credential that bestows necessary skillsand knowledge of designing custom-madeapplications and analytics while being aided bydeclarative features of the Salesforce platform.
The growth in demand for Certied Salesforceprofessionals has shot up to 159% since theyear 2008.
Salesforce.com is the main accreditation body that dictates thestructure of the Salesforce Developer certication.
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The Salesforce Developer course suits all professionals
who handle the setting up, conguration, andmaintenance of Salesforce applications in theorganization. It is best suited for-
Industry Relevance
Developers
System administrators
Architects Sales
Operations professionals
IT managers
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Salary
The Salesforce Developer earns an averagepay of $99,000.
Skills
Excellent written & verbal communication skills
Ability to present well
Research Habits
Listening Skill
Providing Solutions
Trust Building
Referral Maximization
Storytelling
Eligibility Requirements
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Salesforce.com stipulates a minimum set ofrequirements that all qualied candidates mustpossess.
A degree in BBA, BCA, MCA or MBA.
Have a good understanding of the basic concepts andfunctionalities on Salesforce platforms.
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Examination Format & Cost
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Examination format:
90 minutes
A format of 60 multiple-choice questions.
The percentage passing score is 68%, which is theminimum score for all candidates.
Exam Cost: $200
Cost
Exam Duration: 90 minutes Exam Cost: $200
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DATA SCIENTISTVital Stats
About 2.5 quintillion bytes of data are createdevery day, and 90% of the world’s total data hasbeen generated in the last two years.
The advent of Big Data has helped organizationstake better decisions, enhance customerengagement, optimize operations, prevent
threats & fraud, and capitalize on new sources of revenue. With dataemerging as one of the world's latest resources for competitiveengagement, industry-specic skills are required to fully harness thepower of Big Data.
Gartner has predicted that there will be a need for 4.4 million datascientist in 2015, but only one- third of those jobs will be lled withskilled employees.
McKinsey predicts that the US is going to face a shortage of skilled BigData professionals with analytical skills by 2018.
Harvard Business Review has called Data Scientist the sexiest job ofthe 21st century.
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Industry Relevance
Agriculture
Healthcare
Manufacturing
Big Data continues to be an exploding space withtremendous job opportunities in :
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IT
E-Commerce
Telecom
Retail
Digital
Public Sectors
To work on real data, it is essential for datascientists to work with languages like R, Python,SAS, Hadoop, and more.
Technical Skills:
Business Implications
Intellectual Curiosity
Effective Communication Skills
Problem Solving Skills
Non-Technical Skills:
Skills
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Salary
The median salary for a data scientist is about$95,000 (Ninety-ve thousand dollars) perannum.
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Data Science is expected to mature, consolidate, become the mainstreamcareer option, and even surprise us with advancements in the eld. The eldis expected to mature over time and slowly shift to a cloud environment.Data science practitioners would like to be able to build predictive modelsin temporary cloud environments to increase their performancerequirements. Unlike the current trend of single algorithm or tool beingused to solve most of the data-related problems, the future is predicted tobreak this stranglehold. Data scientists are building new data algorithms tosuit their needs, which are predicted to take advantage of parallel dataprocessing to improve efficiency.
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Although there are no dened pre-requisites for taking upcertication training, it is important to brush up on a fewskills like Multivariable Calculus, Linear Algebra, andStatistics (basics).
To become a data scientist, having the basic hands-onknowledge of statistics is necessary. Though there is a lotof debate doing the rounds in data science circles, regardingstatistics being outdated and stodgy. However, as statistical modeling is animportant part of the job prole of a data scientist, candidates need to havethe basic knowledge of stats, so that they can apply this logic to R or toother languages.
Fundamental knowledge of computer science is essential for taking up anytraining in Data Science. As is widely known, Data Scientists need to writecode, for the simple reason that if one can't use R or similar languages, theycannot work on real world data. One need not be an expert in coding, butbasic knowledge is always helpful.
Eligibility Requirements
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Preferred EducationalQualications
The debate regarding the best qualication tolearn Data Science is still pretty much on. While a fewexperts claim that a Bachelor's degree with goodpractical skills can do the trick, some others believea Master's degree or a PhD is needed to prove your skillsin this eld.
However, as aptly mentioned in Data Science: An Introduction/ A Mash-upof Disciplines, this eld is a mash-up of several disciplines like Math,
Science, Advanced Computing, Visualization, Data Engineering, HackerMindset, and Domain expertise. So it's difficult to single out a particulareld that can act as a pre-requisite for learning data science.
In general, one will nd a minimum of 80% of data scientists with a Master'sdegree and about 40% possessing a Ph.D. qualication. The most commonelds of study are Mathematics and Statistics, Economics, ComputerScience and Engineering, amongst others.
Though a few institutes are planning to start a Bachelor's degree programthat will be in line with the Computer Science programs in general, trainingis provided for Master's degree programs. Apart from these programs, someinstitutes offer certication training in online, live-virtual classroom, andclassroom learning modes, to facilitate students across the globe.
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DIGITAL
MARKETINGVital StatsOften referred to as ‘online marketing’, ‘internetmarketing’ or ‘web marketing’, digital marketinghas gained popularity over the last decade. Withthe advent of e-commerce websites, the scope fora digital marketer has increased multifold.
Online Marketing is booming and this industryoffers numerous career opportunities for candidateswho possess appropriate training and education.
Online Marketing has now become an in-demand skill that is used tolaunch and manage successful businesses online.
There is no single governing body for digital marketing courses.However, Google, OMCP, Online Marketing Institute, MarketingProfs,etc. are a few well-known names in the online marketing training arena.
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Industry RelevanceFresh graduates
Business owners
Web Designers
Web Marketers
Professionals early in their career
Marketing Professionals
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Salary
The certication is a stamp of approval for domainknowledge in the eld of online marketing.
This enhances the job prospects of individualsenabling them to gain entry in various Fortune500 and e-commerce companies like Amazon, Ebayand other top organizations. A survey conducted on Moz.org suggestedthat the global average salary of online marketers is $65,766 and Entrylevel salaries start at around $35,000. The average salary for online mar-keters in the United States is $86,253. The job market is very hot, andthere is a very strong demand to ll positions in the future.
OMCP Certication
Skills
Knowledge of Data Analysis
Content Marketing
Email Marketing
SEO & PPC
Data Visualization
Social Media
Technical Skills
Team work
Soft Skills
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The highly-recognized industry standard for a certication in onlinemarketing is OMCP (Online Marketing Certied Professional). An OMCPcertication veries the member’s dedication to professional developmentby considering member’s active participation in industry groups andevents.
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Disciplines included in the OMCP ExaminationThe OMCP examination covers all the skills necessary to increase theonline presence and reputation of a business, product, or service. Thecertication aims at benetting business in the long run by following prac-tices based on accepted methodologies. It doesn’t include the currenttrack record of online businesses, agencies, consultants, and individuals.
The examination includes:
OMCP conducts certication exams for entry-level as well as experiencedprofessionals - thus, there’s a course for everyone. OMCP conducts trainingat two levels, namely – OMCA (entry-level) and OMCP (experienced).
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SEO(including Mobile and Local)
Web Analytics
Online Advertising (PPC, Social, Display, Video & SEM)
Landing Page and Conversion Rate Optimization
Social Media Marketing and Online PR
Email Marketing
Eligibility Requirements
OMCA Certication:
Passing score of 70% or greater on the OMCA exam
Secondary degree or equivalent (e.g., High Schooldiploma or Associates degree)
600 hours of experience in online marketing ORproof of completion of an OMCP-Approved course
within the six months prior to your application
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Passing an OMCP
Completion of an OMCP-approved course within past 12 months.
Or
2000 hours of experience
A
OMCP Certication:
For aspirants enrolling between February 28, 2015 to July 1, 2015:
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Application to the OMCP certication must be submitted within 90days after completing the OMCP exam and/or relevant coursework.
And either
Passing score on the OMCP exam
Four-year degree (bachelor’s degree or the global equivalent)
And either
2000 hours of experience
Or 1000 hours of experience and completion of an approvedpractitioner-level course
B For aspirants enrolling after July 1, 2015:
Examination Format & Cost
OMCA examination requires a minimum of 75 minutes tocomplete. The exam covers fundamental principles ofContent Marketing, Conversion, Email Marketing, MobileMarketing, PPC, SEO, Social Media, and Web Analytics.
Examination
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75 minutes for the base exam
30 minutes for electives
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OMCP examination consists of a base exam of the aforementioned eightprinciples of online marketing and two electives of the candidate’schoice. The exam takes approximately 2 hours and 15 minutes to com-
plete in total.
Once the Base (Fundamental) examination is cleared, the candidate willbe prompted to move to the elective exams.
The cost for the OMCA exam series is $225, and for the OMCP examseries is $395 (fundamental examination + two electives).
Cost