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2016

7 online certifications that can lead to a major salary bump

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Flickr/Laura D'Alessandro

A certification can strengthen your degree, and maybe even improve your income.

Better still? It can do all this without you ever having to set foot inside a classroom, as all of the seven certifications listed below are offered online.

Take a look, and start moving ahead today.

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1. Project management

Aside from IT, project managers work in engineering, healthcare, and construction. They are responsible for overseeing the completion of a project — on budget, and on time. It's a high-pressure career, but the salary is great (average $89,000 for entry-level). Fortunately, you don't have to quit your day job to earn your certification. The average cost varies widely, but reputable UC Berkeley lists it as around $5,600. Here is a list of online project management programs where you can study.

 



Flickr / Alper Çuğun

2. Microsoft certified IT professional

My friend Chad, who has a degree in IT, obtained this Microsoft Certified Professional (MCP) certification on his own, reasoning that "I thought it might be helpful." Upon completion, he showed it to his manager...and was immediately promoted and reimbursed for the cost of obtaining the certification. The cost? A very affordable $150 for the first level (Microsoft Certified); then you can take more courses and build into Professional (MCITP), Architect (MCA), Professional Developer, etc.

How much can you expect to earn from certifications? From Microsoft:

"In high-growth industries, entry-level employees who hold a Microsoft Certified Solutions Associate (MCSA) certification or Microsoft Office Specialist (MOS) certification can earn up to $16,000 more, annually, than their peers."



Getty Images / Carl Court

3. CPA

An accountant with a Bachelor's degree can expect annual earnings of $63,550 per year. But what if that accountant passes the licensure exam and becomes a Certified Public Accountant? Here is an interesting breakdown from the folks at Becker Professional Education:

"Over the course of a 40-year career, a CPA can earn as much as $1 million more than a non-certified accountant. Here's an example:

• Two non-Certified Public Accountants with Bachelor's degrees begin working at the same time at the same large public accounting firm in Audit/Assurance Services at the same annual salary of $68,000.

• One earns the CPA credential, creating a 10% salary differential of about $7,000 more than the other (CPA's can earn between 5% and 15% more than their non-credentialed counterparts).

• Over time, more frequent and higher-level promotions can widen the salary gap to as much as $50,000.

• Over a full career that can mean an additional $1 million or more in lifetime earnings."

The licensure exam is very rigorous, but what a difference in income obtaining that license makes.



See the rest of the story at Business Insider



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