Types of Degrees 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	76
Bachelor’s Degree	37
Graduate Certificate	34
Basic Certificate	32

What 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

According to O*NET survey takers, a major in auditing should prepare you for careers in which you will need to be knowledgeable in the following areas:

• 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

auditing majors are found most commonly in careers in which the following skills are important:

• 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

Auditing majors often go into careers where the following abilities are vital:

• 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 Major?

Below is a list of occupations associated with auditing:

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 ?

According to recent stats this major attracts about equal numbers of men and women. Roughly 54% of the graduates are women, and 46% are men.

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	0
Hispanic or Latino	25
White	12
International Students	0
Other Races/Ethnicities	0

How Much Do Majors Make?

Salaries According to BLS

Average salaries range from $78,820 to $90,310 (25th to 75th percentile) for careers related to auditing. This range includes all degree levels, so you may expect those with a more advanced degree to make more while those with less advanced degrees will typically make less.

To put that into context, according to BLS data from the first quarter of 2020, the typical high school graduate makes between $30,000 and $57,900 a year (25th through 75th percentile). The average person with a bachelor’s degree (any field) makes between $45,600 and $99,000. Advanced degree holders make the most with salaries between $55,600 and $125,400.

Amount of Education Required for Careers Related to

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.

Find out what the typical degree level is for auditing careers below.

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 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	8	2
Post-Baccalaureate	0	0
Master’s Degree	8	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

Is a Degree in Worth It?

The median salary for a auditing grad is $78,820 per year. This is based on the weighted average of the most common careers associated with the major.

This is 98% more than the average salary for an individual holding a high school degree. This adds up to a gain of about $778,400 after 20 years!

Majors Related to

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

Major	Number of Grads
Accounting	68,501
Accounting Technology/Technician and Bookkeeping	19,139
Accounting and Finance	3,781
Accounting and Business/Management	1,538
Other Accounting and Related Services	844

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.