Auditing

Types of Degrees Auditing Majors Are Getting

The following table lists how many auditing graduations there were for each degree level during the last year for which data was available.

Education Level	Number of Grads
Master’s Degree	59
Graduate Certificate	44
Basic Certificate	37
Bachelor’s Degree	32

What Auditing Majors Need to Know

People with careers related to auditing were asked what knowledge areas, skills, and abilities were important for their jobs. They weighted these areas on a scale of 1 to 5 with 5 being the highest.

Knowledge Areas for Auditing Majors

This major prepares you for careers in which these knowledge areas are important:

• Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
• English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
• Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
• Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
• Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.

Skills for Auditing Majors

When studying auditing, you’ll learn many skills that will help you be successful in a wide range of jobs - even those that do not require a degree in the field. The following is a list of some of the most common skills needed for careers associated with this major:

• Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
• Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
• Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Speaking - Talking to others to convey information effectively.
• Writing - Communicating effectively in writing as appropriate for the needs of the audience.

Abilities for Auditing Majors

As a auditing major, you will find yourself needing the following abilities:

• Written Comprehension - The ability to read and understand information and ideas presented in writing.
• Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
• Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.
• Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
• Written Expression - The ability to communicate information and ideas in writing so others will understand.

What Can You Do With a Auditing Major?

People with a auditing degree often go into the following careers:

Job Title	Job Growth Rate	Median Salary
Accountants	10.0%	$70,500
Auditors	10.0%	$70,500
Financial Examiners	9.7%	$80,180

Who Is Getting a Bachelor’s Degree in Auditing?

This major is dominated by women with about 56% of recent graduates being female.

Racial-Ethnic Diversity

At the countrywide level, the racial-ethnic distribution of auditing majors is as follows:

Race/Ethnicity	Number of Grads
Asian	0
Black or African American	2
Hispanic or Latino	14
White	13
International Students	0
Other Races/Ethnicities	3

Amount of Education Required for Careers Related to Auditing

Some degrees associated with auditing may require an advanced degree, while others may not even require a bachelor’s in the field. Whatever the case may be, pursuing more education usually means that more career options will be available to you.

How much schooling do you really need to compete in today’s job market? People currently working in careers related to auditing have obtained the following education levels.

Education Level	Percentage of Workers
Some College Courses	19.1%
Associate’s Degree (or other 2-year degree)	7.9%
Bachelor’s Degree	55.3%
Post-Baccalaureate Certificate - awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree but do not meet the requirements of academic degrees carrying the title of Master.	3.0%
Master’s Degree	14.9%

Online Auditing Programs

The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.

Degree Level	Colleges Offering Programs	Colleges Offering Online Classes
Certificate (Less Than 1 Year)	0	0
Certificate (1-2 years)	0	0
Certificate (2-4 Years)	0	0
Associate’s Degree	0	0
Bachelor’s Degree	9	2
Post-Baccalaureate	0	0
Master’s Degree	10	2
Post-Master’s	2	0
Doctor’s Degree (Research)	0	0
Doctor’s Degree (Professional Practice)	0	0
Doctor’s Degree (Other)	0	0

Majors Related to Auditing

You may also be interested in one of the following majors related to auditing.

Major	Number of Grads
Accounting	62,081
Accounting Technology/Technician and Bookkeeping	16,867
Accounting and Finance	3,496
Accounting and Business/Management	1,349
Other Accounting and Related Services	795

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

• College Factual
• College Scorecard
• National Center for Education Statistics
• O*NET Online
• U.S. Bureau of Labor Statistics
• Usual Weekly Earnings of Wage and Salary Workers First Quarter 2020
• Image Credit: By Pixabay under License

More about our data sources and methodologies.