There is one certification program for Internal Auditor that provides the Certified Internal Auditor (CIA) Certification and diploma courses as well. This certification is for the Accountants and Auditors who are at their initial level or want to achieve a global benefited position in the world.
In India, the certification is provided by the Institute of Internal Auditors (IIA) through an exam conducted in three parts. Besides this institution, there are online courses as well that provide a basic and advanced understanding of all the Auditing related subjects.
The Internal Auditor certification courses are available in both online as well as offline mode. Various online biotechnology certification courses are available in online sites like Udemy, edX and Coursera.
| Certificate Programs |
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| Diploma & PG Diploma Courses |
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- The duration of the courses varies according to the institution and mode of learning.
- Certification involves examination at different stages.
- After completing the courses one can find different job profiles like Auditor Manager, Quality Assurance Manager, Chief Internal Auditor, Quality Assurance Manager and many more.
Internal Auditor Courses: Highlights
After completing Graduation, Post- Graduation or a working professional can join the courses for certification or diploma to enhance their employability. Below are the highlights of different Internal Auditor Courses offered in India.
| Popular Courses |
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| Duration |
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| Eligibility |
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| Average Fees |
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| Online Courses | Available |
| Types of Online Courses | Coursera, Udemy etc. (Includes Paid and Unpaid courses) |
| Top Job Prospects | Risk Manager, Internal Auditor, Audit Manager, Analyst etc. |
| Average Salary |
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There is a difference between the certificate and the diploma course for Internal Auditor in terms of duration, Exam pattern etc.
The Course helps the individual to attain a better position and understand the concepts and practical reality of working professionals. These certificate courses are recognized worldwide and jobs are provided based on that.
Internal Auditor Certificate Courses
The certificate programs for Internal Auditor are offered through both Online mediums. The online courses provide the theoretical background for the courses and the certification is done through an examination which is conducted by the Institute of Internal Auditor.
The Institute of Internal Auditor conducts a three-part exam for the Certified Internal Auditor (CIA) that covers the knowledge, skills and abilities that the internal auditors require.
| Exam part | Topic | Questions | Duration |
|---|---|---|---|
| Part 1 | Essentials of Internal Auditing | 125 questions | 150 minutes |
| Part 2 | Practice of Internal Auditing | 100 questions | 120 minutes |
| Part 3 | Business knowledge for Internal Auditing | 100 questions | 120 minutes |
Students after completing bachelors or masters with some years of work experiences can apply for the certification program. The duration of work experiences differs according to the level of degree possessed by one.
After completing the certification, one can get a better opportunity to increase their pay package. The average salary offered to a CIA candidate ranges from INR 4,00,000 to 9,00,000 per annum.
Online Internal Auditor Course Certificates
The table below shows some of the certificate courses for Internal Auditor available online on different platforms.
Some providers are:
- Udemy
- Morgan International
- Coursera
| Certificate Name | Provider | Duration | Fees |
|---|---|---|---|
| Lead Auditor Tools for a Professional Internal Audit | Udemy | 3 hours | INR 8,640 |
| Mastering ISO/IEC 17025 : 2017 and Certified Internal Auditor | Udemy | 21 hours | INR 4,800 |
| Certified Internal Auditor Online Course | Courses for Success | Self paced (6-8hours) | INR 43,849 |
| CIA | Morgan International | 4-5 months | INR 25,473 |
| Auditing I: Conceptual Foundation of Auditing | Coursera ( University of Illinois at UrbanaChampaign) | 27 hours | Free |
| Financial Management | Coursera ( University of Illinois at UrbanaChampaign) | 8 months | Free |
Besides these, there are other online providers as well who provide courses related to Auditing and also on how to prepare for the examination for the certification.
Internal Auditor Certificate Courses Admission Process
Admissions in the Internal Auditor certificate courses are not done through any entrance exam. Previous work experience and educational profiles are analysed to decide the level of certification.
- Enrolment in online certificate programs is simply done by applying on the website of the course provider.
- Institutes do analyze the candidate’s profile and the answers to questionnaires asked.
- In case of offline certificate programs, institutes might admit on merit basis. Your score in Class graduation or post graduation will be considered in such a case.
| Educational qualification | Work Experience |
|---|---|
| Master’s degree or equivalent | 12 months of internal audit experience or equivalent |
| Bachelor’s degree or equivalent | 24 months of internal audit experience or equivalent |
| Associate degree or equivalent level. | 60 months of internal audit experience or equivalent |
Internal Auditor Certificate Course
Some of the colleges from where you can take up Online Internal Auditor certificate courses are:
| Organization | Duration | Average Annual Fees |
|---|---|---|
| ASQ (Certified Internal Auditor) | 2 weeks | 995 USD |
| Udemy (Certified Quality Auditor Training) | 2.5 hours | INR 3,200 |
Internal Auditor Diploma Courses
There is a Diploma course available for the Internal Auditor provided by the National Institute of Financial Management. The course includes the introduction and Evolution of Internal Audit, Practices related to Internal Auditing, Internal Audit Tools and Techniques, Internal Audit Reports etc.
Also, check MCom Accounting and Finance course details
The course duration is 3 months with 50 hours for Self Study that helps to develop conceptual understanding and 50 hours of Web based training that helps to give sufficient practical knowledge.
Internal Auditor Diploma Courses Top Colleges with Fees
Most popular course offered in the Diploma program is mentioned in the following table with the colleges offering the course, average fees, duration of the course and the domain of the course.
| Name of the Course | Top Colleges | Average Annual Fees | Duration/ Mode |
|---|---|---|---|
| Diploma in Internal Audit | NIFM, Faridabad | INR 12,500 + Service tax | 3 months / Online |
Internal Auditor Diploma and PG Diploma Courses Admission Process
Admission for diploma courses is solely done on the basis of merit. The institution considers the previous work experience and educational profile for selection.
- For the Diploma courses in National Institute of Financial Management, only the members of the institute are eligible for the admission.
- Registration Fees will be paid through online mode.
- Here also, students need to satisfy certain Internal Auditor Courses eligibility criteria in order to be eligible to be considered for the program, graduation degree being one of them.
Also, check NIFM Faridabad Admission
Internal Auditor Diploma and PG Diploma Courses Top Colleges with Fees
| Collegedunia Ranking | College Name | Admission Process | Average Annual Fees |
|---|---|---|---|
| 8.8 | NIFM, Faridabad | Merit-Based | INR 87,500 |
| - | ICSI, Delhi | Merit-Based | INR 75,000 |
Internal Auditor Courses Jobs
After completing the course, one can contribute in different business functions including risk management, internal audit control and others as well. it helps to enhance the level of understanding and experience with time.
Different companies are available who provide job profiles depending on one’s qualification, knowledge and experience. Some of the job profiles are mentioned below along with their required skills and starting salary.
Source: College Websites
Internal Auditor
Internal Auditor is responsible for evaluating and assessing the financials and accounting department of the organization. They also offer advice for the decision making process to improve the financial status and for reducing the risk factors.
Starting Salary: INR 4,00,000 to 7,00,000
Skills Required
- Statistics
- Analysis
- Auditing
- Research
Quality Assurance Manager
The Quality Assurance Manager is responsible for ensuring the activities related to the quality assurance department and the other developing implementing procedures for the quality of the products of the organization.
Starting Salary: INR 9,00,000 to 11,00,000
Skills Required
- Teamwork
- Organization
- Coordination
Risk Manager
A Risk Manager is a person who is responsible for managing and analyzing risk management problems through measuring and identifying the exact situation and later on suggesting suitable decisions for those risk conditions in an organization.
Starting Salary: INR 8,00,000 to 10,00,000
Skills Required
- Statistics
- Predictive Analytics
- Calculation
- Problem Solving
Auditing Manager
Auditing Manager is responsible for overseeing and analyzing the internal operating controls, processes and practices. They are also responsible for managing the junior auditors and accountants, for guidance and reviewing their work.
Starting Salary: INR 4,00,000 to 6,00,000
Skills Required
- Strong analytical skills
- Attention to detail
- Teamwork skills
- Written and verbal communication skills
Market Research Analyst
Market Research Analyst is the person who is responsible for analyzing the ongoing Market trend and tradition that may cause profit or gain to a particular company. It also includes the duty of suggesting possible steps for the near future.
Starting Salary: INR 4,00,000 to 7,00,000
Required Skills
- Attentiveness
- Organizational Skills
- Communication Skill
Internal Auditor Courses Skills Required
Some of the additional skills for a professional job are always beneficial to work efficiently and effectively. And that capacity always attracts the company to hire that candidate. Along with the theoretical knowledge and understanding, skills help to work in a company.
Few of the skills are mentioned below with few providers and syllabus covered in those skills.
Communication Skills Course
The most basic and important skill requirement that is required by anyone who wants to build a career in a business work where words are the initial source to convince the person who is standing in front. Find a few online courses provided by various platforms.
Top Communication Skills Courses
Some of the best courses in Communication Skills have been listed below:
| Course | Provider | Duration | Fees |
|---|---|---|---|
| Improve your English Communication Skills | Coursera | 5 months | INR 3,659 per month |
| English for Career Development | Coursera | 40 hours | INR 3,659 per month |
| Basic Skills in Constructive Communication | Coursera | 8 hours | INR 3,659 per month |
| Effective Communication Skills | IATA | 3 days | Not Available |
| Effective Interpersonal Skills | Udemy | 1.5 hours | Udemy |
Communication Skills Course Syllabus
| Communication | Career Development |
| Language | Empathy |
| Conflict Resolution | Social skill |
| Active listening | Assertiveness |
| Understanding | Collaborative effort |
Communication Skills Course Job Profiles
- Business
- Cabin Crew
- Hotelier
- Sales Manager
Average Salary: INR 3,00,000 to 8,00,000
Top Data Analysis Skills Courses
| Course | Provider | Rating | Duration | Fees |
|---|---|---|---|---|
| Business Analytics Specialization | Coursera | 4.6 | 6 months | Free |
| Data Analysis Essentials Using Excel | Udemy | 4.6 | 11.5 hours | INR 700 |
| Complete Introduction to Business Data Analysis | Udemy | 4.5 | 3.5 hours | INR 700 |
| Introduction to Data Analysis using Excel | edX | - | 4 weeks | Free ( Add a Verified Certificate for INR 7,262) |
Data Analysis Skills Course Syllabus
The topics covered in the Data Analysis Skills course syllabus are mentioned below.
| Understanding Problem Solving | Thinking Process |
| Brainstorming | Identifying Process |
| Customer Analytics | Accounting Analytics |
| Operations Analytics | Excel tables |
| Decision making | Data Analysis |
Data Analysis Skills Course Job Profiles
- Accounting
- Business Analyst
- Programmer
Average Salary: INR 3,00,000 to 6,00,000
Internal Auditor Courses Online Fees and Rating Comparison
| Course | Provider | Duration | Ratings | Fees |
|---|---|---|---|---|
| Auditing I: Conceptual Foundations of Auditing | Coursera (University of Illinois at UrbanaChampaign) | 27 hours | 4.7 | Free |
| Financial Management | Coursera (University of Illinois at UrbanaChampaign) | 8 months | 4.7 | Free |
| Information Systems Auditing, Controls and Assurance | Coursera (The Hong Kong University of Science and Technology ) | 9 hours | 4.7 | Free |
| Forensic Accounting and Fraud Examination | Coursera (West Virginia University) | 7 hours | 4.7 | Free |
| ISO 45001:2018 Complete Course from zero to internal auditor | Udemy (Lynn Fountain) | 4 hours | 4.5 | INR 360 |
| Mastering ISO/IEC 17025 : 2017 and Certified Internal Auditor | Udemy | 21 hours | 4.5 | INR 4,800 |
| Lead Auditor Tools for a Professional Internal Audit | Udemy | 3 hours | 4.4 | INR 8,640 |
| Applying the Standards for Internal Auditors Part 3 | Udemy (Lynn Fountain) | 1.5 hours | 4.3 | INR 360 |
| Strategic Business Analytics | Coursera (ESSEC Business School) | 5 months | 4.2 | Free |
| Certified Internal Auditor( CIA)- Part 2 practice exams | Udemy | 468 questions | 4.1 | INR 400 |
| Applying the Standards for Internal Auditors Part 2 | Udemy (Lynn Fountain) | 2 hours | 4.0 | INR 360 |
| Certified Internal Auditor ( CIA)- Part 1 practice exams | Udemy | 259 questions | 3.7 | INR 360 |
| Applying the Standards for Internal Auditors Part 1 | Udemy (Lynn Fountain) | 2 hours | 3.6 | INR 360 |
Internal Auditor Courses Online Platform Comparison
The table below gives you some points to compare the online Internal Auditor Courses offered by the two most popular agencies, Udemy and Coursera. In this case, we have compared their python courses.
| Parameters | Udemy | Coursera |
|---|---|---|
| Course | Lead Auditor Tools for a Professional Internal Audit | Auditing I: Conceptual Foundations of Auditing |
| Fees | INR 8,640 | Free |
| Student Rating | 4.4 | 4.7 |
| Enrollment | 1,353 | 19,164 |
| Duration | 3 hours | 27 hours |
| Created by | Danielle Voiski | Mark E.Peecher |
Internal Auditor Courses: FAQs
Ques. What is the passing score for the Certification of Internal Auditor exam?
Ans. The passing score for the CIA exam parts is 600 or higher. Each exam question has been pretested to ensure the candidate’s statistical validity. Rough calculation is one on the basis of the number of questions answered correctly.
Ques. What is the procedure for registration of CIA certification?
Ans. The procedure for registration is:
- Join the IIA
- Pay the registration and exam fees
- Schedule for examination
Ques. Name some topics covered under the diploma course of Internal Audit.
Ans. Some of the topics are:
- Introduction and Evolution of Internal Audit
- Risk Awareness
- Fraud Risks and Controls
- Planning and managing Internal Audit and Internal Audit Programmes
- Internal Audit Reports
Ques. What is the mode for examination?
Ans. Examination is conducted in online mode with objective types of questions.
Ques. How are the training courses beneficial for an individual?
Ans. After completing the certification, there are institutions which provide training period for the professional to train them regarding the working procedures and the other valuable things that are crucial while auditing or accounting in an organization.
Ques. In which mode the training courses are available?
Ans. The training courses are available in both online and offline mode with different durations and fee structures. Online courses are available at Coursera, Udemy that provides those courses for 12- 15 hours of duration.
Ques. How many times can the CIA exam be taken?
Ans. There is no limit for reattempting the exam. But every time examination fees have to be paid.
Ques. What are the required skills for an Internal Auditor?
Ans. Some of the required skills are:
- Critical thinking
- Analytical Ability
- Communication
- Research Analysis and others as well.
Ques. Is there any order to take each exam as part of the CIA?
Ans. No, there is no order of taking the exam. Candidates can take the exam parts according to their wish.
Ques. What is the duration for completing all the three exam parts of CIA?
Ans. Almost 3 years or less depending on the candidate from the date of application approval to complete the program.
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