COBIT is a business framework for IT governance and management launched by the ISACA (Information Systems Audit and Control Association). COBIT stands for Control Objectives for Information and Related Technology. These days, all managers who are responsible for the IT business processes use COBIT 5, as it is a thoroughly recognized guideline that can be applied to any organization across industries, since COBIT 5 ensures quality, control and reliability of information systems in organization, which is also the most important aspect of every modern business. Generally the IS and audit managers, IT professionals, business process managers, and quality assurance and audit professionals from business managements or IT enterprises attend COBIT 5 training.
COBIT 5 for various professionals
COBIT training is intended for business management, chief executives, IT/IS auditors, internal auditors, information security and IT practitioners, consultants, and members of IT/IS management who are looking to gain insight into GEIT.
COBIT 5 proves to be a supportive tool for the managers. COBIT 5 certified business managers will be able to have at their disposal, a model that will able to deliver value to the organization. This model will help them practice better risk management practices associated with the IT processes. COBIT 5 being a control model will guarantee the integrity of the information system. The managers can bridge the crucial gap between technical issues, business risks and control requirements. Thus COBIT 5 certification will avail enhanced job opportunities for business managers in several organisations in a wide range of industries.
COBIT Certified Assessor
COBIT 5 certification may follow two paths. One is the assessor path and the other is the implementation path. Individuals interested in performing COBIT 5-based assessments using the ISO/IEC 15504 approach, choose the assessor path. This training provides elaborates on the roles, responsibilities and competencies required; and the key steps, from assessment initiation to assessment results reporting, and also provides valuable guidance on performing a process capability assessment. The assessor course and exam is practitioner-level training that focuses on how to apply the COBIT 5 Process Assessment Model (PAM) and how to analyse the results. Upon successful completion of the assessor course and exam and upon meeting specific knowledge requirements, candidates are able to apply to ISACA to be designated as a COBIT Certified Assessor. This designation is the only globally accepted certification for COBIT assessors.
COBIT 5 certification for betterment at existing job at IT enterprise
The second path of COBIT 5 certification is the Implementation path. Those who are interested in learning how to apply the COBIT 5 framework and COBIT 5: Enabling Processes and how to analyse the results, may choose COBIT 5’ Implementation path. Upon completion of the training and exam, attendees will be able to apply COBIT 5’s good-practice, continual-improvement, life-cycle approach to GEIT, tailored to suit the needs of a specific enterprise. They will also be able to implement and advise the enterprise they work for, on implementing a framework for the governance and management of enterprise IT using COBIT 5.
Job opportunities in IT sector
Professionals in IT: Individuals or professionals who are already in a position to understand the nuances of IT governance in business management practices, will be the target audiences for COBIT 5 methodologies. The following professionals will benefit from the course: CIOs / IT Managers / IT Directors, Process Owners, Audit Committee Members, Risk Committee, COBIT 4.1 and earlier users and all IT Professionals in audit, risk, security, governance and assurance sectors. These professionals will aim for a COBIT 5 certification to be better at their existing job and also to aspire to new levels in their career.
IT managers: IT managers find COBIT 5 training and certification increasingly helpful because apart from the management guidelines that it provides, it also equips the management with new capabilities to support self-assessment of organizational status, compare themselves with the prevalent best practices of their industry, check alignment with enterprise’s objectives, implementation decision making and enable performance monitoring.
Business process owners: Since COBIT is IT process-oriented, it addresses itself in the first place to the owners of these processes. With COBIT 5 training, the business process owners get to access a framework that will enable them to control all the different activities underlying IT deployment. As a result of this, they will gain reasonable confidence that their business objectives will be met with the help & contribution of IT. Moreover, COBIT provides business process owners with a generic communication framework to facilitate understanding and clarity amongst the different parties involved in the delivery of IT services.
COBIT 5 Training provider
Several institutes that provide COBIT 5 certification seem to be mushrooming in many cities in India and abroad. They are all in need of qualified COBIT 5 certified professionals with expertise in tutoring people. Therefore acing COBIT 5 could land people in one of these jobs, where they will be responsible for imparting their knowledge and COBIT 5 and its best practices to IT professionals involved in audit, risk, security, governance & assurance sectors, IT Managers, Process Owners, Audit Committee Members, IT Directors, CIOs etc.
The modern business world is getting introduced to several new technologies like , Big Data and Mobility, Cloud Computing, Social Media information etc. The world is getting used to consumerisation and IT has become the new currency. Information in huge volumes – which was difficult to manage and process just a decade ago, is easily supported and managed today. This has become possible on because of the monstrous improved in technology. All this technological growth has definitely led to a huge boom and increased the success rate in businesses. But there are still several challenges lurking around us. Governance specialists, Security professionals and Enterprise leaders may find increasingly challenging problems when it comes to complex management concerns and governance concerns. This is mainly because the new businesses demand that the power of information be used to tackle the risk scenarios in a better way. COBIT 5, is without a doubt the one stop solution for all the concerns of modern businesses.
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COBIT 5 involves the five principles:
1- To meet out the needs of the stakeholder.
2- Separating governance from management
3- Enabling a holistic approach.
4- Covering the enterprise end to end
5- Applying a single integrated framework.
Incentives, Benefits, Reimbursement ( tax free), Allowances( taxable), Basic pay, Pre requisite