Cisco Raises CCIE Exam Fees
3/23/2001 -- Starting April 1, Cisco will start charging $1,250 U.S. for all its CCIE lab exams -- a 25 percent increase over the exam's current price.
According to Cisco, the original $1,000 price had been in effect since the program's launch in 1993. "After a rigorous evaluation of our current cost structure, we find it necessary to increase our CCIE Lab exam fee to reflect our current cost of doing business," the company's Web site states.
This is the second cost hike for CCIE candidates in the past three weeks. On March 15, Cisco raised the prices of all its CCIE-related multiple choice exams to $300, up from $200. The price applies to both qualification and recertification exams. No justification was given for this particular increase.
The CCIE is Cisco's highest level of technical certification. Candidates must pass a multiple choice exam as well as a two-day, hands-on lab in a chosen specialty in order to become a CCIE.
For more information on the CCIE program and to view Cisco's official statement on these price increases, click here. -B.N.
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There are 17  user Comments for “Cisco Raises CCIE Exam Fees”
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| 3/27/01: Robert says: |
I recently heard that Cisco has lost more money in the stock market than any other company in the "history of the stock market!" Can any one tell me if that is true?? |
| 3/27/01: Scott says: |
The value of their stock has come down a long way but that affects the wealth of the stockholders rather then the company per se. Of course it does affect Cisco, because they were in the habit of using stock to purchase companies. And with a lower price stock they are not able to do this so easily. |
| 3/28/01: Stephen says: |
The declining stock price might actually be a good thing for the company. Depending on how much cash they have on hand they can do a stock re-purchase where they build a stock pile of stock ready, at a less expensive price, for future acquisitions, though I think they have down enough of that. Of course all this is a mute point if the stockholders continue to allow Cisco to create more shares of stocks. I'm long Cisco and have been for a long time, but they better get it back on track. |
| 3/28/01: Andrew says: |
There are good and bad aspects of the lower price for Cisco stock. BAD: The lower price will hurt current stockholders by causing them to take a loss if they sell now. But long haul investers will see this as just a little bump as I foresee Cisco stock recovering its old value in 2-3 years and going even higher. GOOD: Those now investing now in Cisco are gettinbg more stock for their money, and will see the value of their investment grow in the coming years. OVERVIEW: Right now all tech stocks are taking a tumble because of the indescressions of a few reckless dot-com's. Cisco is a technicly high value company for its reputation as a provider of top quality networking equipment and technology. Because of their good user reputation and continuous efforts in R&D, not to mention their very good VOIP products look for Cisco stoch to make a good but slow and steady recovery in its value. MY STRATEGY: I'm keeping my current position in Cisco and buying more stock now at its bargan price. |
| 3/30/01: Anonymous says: |
Before you talk about stocks and saying it only affects the stock broker you should look a litter closer.. Stock are the bigest way a company can raise money to expand.. Like venture capitals.. If the price of the company stocks goes down the dont have the the readily available cash (CISCO laid off 5000 FT and 2500 temps after the stock fell) The way they do business will have to change..Lower stock prices can cripple a company especially if business suffers.. This and for a lot of other reasons the company must maintain a good value for their stocks.. Please dont jump to conclusions.. But Cisco like any other company can follow the road to extinction... Cisco products are way to expensive for the work they do.. I expect the company to recover when it becomes necessary for all business to upgrade their systems to IPV6.. BUY BUY BUY BUY (Now is the time) |
| 6/7/01: yo says: |
any ccie's that are reading this? post how much money u make =] |
| 7/23/01: Haryanto says: |
ANY CCIE with good salary? Is your CCIE worth it? Give me your comments! |
| 11/21/01: John says: |
Not going to post my salary, but you bet it is worth it. I would have no problem finding a new job, based on those letters. Sadly enough, I would probably get the job over someone who may have better experience, because of those letters. Also, I would suspect that the CCIEs would be the last guys on the tech staff to get layed off. |
| 11/21/02: Stephan from Australia says: |
CCIE in Australia is now getting less and less worth. Average Salary is 80-90k. Im a CCNP with CQS in Security and Im on 90k. So why get my CCIE??? I have been in the industry for 6 years now and I know just as much as "most" CCIE's that I work with across AP, perhaps I cant configure DLSW on a 7200 with a blind-fold on, but who the hell wants to do that anyway? All that said, I am starting my CCIE early next year simply for my re-sale value. I dont plan to leave my company any time soon, but just in case, its always worth having a backup. CCIE is purely a cisco money making excercise, it always has been. If it wasn't, it would be free. There is no excuse for Cisco charging what they do to sit the exam's. |
| 5/14/03: Kanu from IL, USA says: |
Is it easy to find job now a days if some one has CCIE? What is market value for CCIE now in 2003? |
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