Internal Audit: Admission 2025, Fees, Syllabus, Entrance Exam, Top Colleges, Career Scope

Internal Audit courses are one of the important fields of finance, compliance, and risk management, that has vast career scope ahead. The internal auditing market in India is experiencing rapid growth, projected at 15% CAGR as per the external reports, driven by increasing compliance laws and corporate governance regulations.

To pursue these courses, you should have a bachelor’s degree in Business, Commerce, Finance, or Accounting, such as BCom, BBA, BMS, or related degrees. Several prestigious institutions in India offer specialized courses in Internal Auditing. The ICAI provides a Diploma in Internal Audit for CA Final students, while IIM Ahmedabad, Bangalore, and Calcutta offer an MBA in Finance with a focus on audit and risk management. XLRI Jamshedpur provides a PGDM in Finance & Risk Management via the XAT exam.

The ISACA India Chapter administers the Certified Information Systems Auditor (CISA) exam, and the Institute of Internal Auditors (IIA), India, conducts the CIA certification. ICFAI Business School (IBS) also offers an MBA in Finance with an audit specialization, requiring IBSAT or GMAT scores.

Internal Audit Course Details: Highlights

Several top certifications and exams cater to aspiring internal auditors. The Certified Internal Auditor (CIA) by the Institute of Internal Auditors (IIA) requires a bachelor's degree and 1-3 years of work experience, covering governance, risk, audit, and fraud prevention in a three-part exam. 

Take a look at the table below to get a quick review of the course:

Note- This information is sourced from the official website and may vary.

The involvement of Internal Auditors in a company is huge, hence they have a variety of higher educational and professional backgrounds. The eligibility criteria is as follows:

• Candidates must hold a bachelor’s or master’s degree in Finance, Business or Accounting.
• Most organisations require students to have taken the Certified Internal Auditor exam.
• Some companies hire students who have a professional work experience of three to five years.

Internal Audit Admission Process 

Let’s read out the admission process for Internal Audit courses, with each steps requirements:

Check Eligibility Criteria:

If you are beginning with a bachelor’s degree then you must have passed class 12th with minimum aggregates. For UG degrees, you should possess a bachelor’s degree in relevant fields.

Check Program:

Research different universities and programs offering Auditing and Control courses, considering factors like reputation, specializations, and course curriculum. 

Application:

Apply online on the desired university admission portal with the required documents.

Entrance exams (if applicable):

Some institutions may require you to take an entrance exam like the Common Admission Test (CAT) or a specific program-based test. 

Interview:
Depending on the program, you may be called for an interview to assess your suitability for the course.

Fees and acceptance:

Upon acceptance, pay the necessary fees and complete the admission formalities. 

The Chartered Accountant (CA) program by ICAI includes internal auditing as a specialization, while the Certified Information Systems Auditor (CISA) by ISACA focuses on IT auditing, cybersecurity, and risk control, requiring a bachelor's degree plus 5 years of experience (with waivers available).

Additionally, ICAI offers the Diploma in Information System Audit (DISA) for qualified CA members specializing in IT and system auditing. Business schools like IIMs, XLRI, and FMS offer an MBA in Finance with an internal audit focus, requiring CAT/MAT/GMAT scores. 

Although there are very few colleges that offer Internal Audit courses, still you can prepare for general Accounting and Commerce examinations to get your chances of becoming an Internal Auditor through indirect pathways starting from the basics by doing a bachelor’s in a relevant field and then opting for Internal Audit courses as the specialization in masters or certificates:

UG Courses Entrance Exams 2025

Here are some common UG exams for these courses:

Relevant Links of the Auditing and Control students:

ICAI CA Foundation 2025 Important Dates

PG Courses Entrance Exams 2025

For PG courses, admission is based on CPGET, MAH CET, CUET PG, AP PGCET, etc. scores. Candidates can check the table below to see the exam details of Internal Audit courses.

As we can see there are few colleges that offer Internal Audit courses as a separate course, you can still consider opting it as a specialisation at the certificate, diploma, or master's level. As, some universities and private institutes also provide a Post Graduate Diploma in Internal Audit & Risk Management for those with a bachelor’s degree, covering core internal audit, corporate governance, and compliance.

Top Internal Audit Government Colleges

Some of the government colleges for Internal Audit courses are:

Note- This information is sourced from the official website/ counselling body and may vary.

Top Internal Audit Private Colleges

Here are a few private colleges offering Internal Audit course:

Note- This information is sourced from the official website/ counselling body and may vary.

Take a look at the subjects that are taught in the Internal Audit courses:

Internal Audit is a lucrative and sustainable career path. This profession is resilient and is always one of the most sought-after career paths. The entry-level salary of an Internal Auditor is good according to the industry. The industry is ever-growing and the demand for Internal Auditors is ever-increasing as companies require dedicated employees who essentially serve as eyes and ears of the company’s senior leadership.

 Additionally, the Certified Internal Auditor (CIA) designation is internationally recognized in over 170 countries, making it an ideal choice for professionals seeking global career opportunities.

Internal Audit: Jobs and Salary

In this field, one can start from an entry-level executive position and rise up to the level of a Chief Internal Auditor. Given below are some of the job roles available in Internal Audit:

Note- The above salary has been taken from external sources, and hence may vary.

Internal Audit Top Recruiters

nternal Auditors are hired by banks and finance companies and auditing firms. Given below are some of the top recruiters for Internal Audit professionals.

Few of the FAQs for Internal Audit are given below: