LSU MBA + Internal Audit:Tailoring your MBA with an Internal Audit specialization

What is Internal Auditing?

Internal auditing is a relatively new and changing multidisciplinary profession. An internal audit staff generally includes members from all business areas, as well as engineers and other non-business areas. Internal audit is in essence a control over controls, which serves the organization through operational, compliance, systems

and financial evaluations. Internal Auditors serve the organization as internal consultants trained in identifying risk, evaluating risk management, adding value,

facilitating change and solving unstructured business problems.

LSU offers the unique opportunity to complete a Flores MBA Program while receiving a specialization in internal auditing. Your career opportunities will be significantly enhanced since you can interview with organizations that recruit Flores MBAs, as well as the significantly larger group that recruits for internal auditing. Flores MBA placement is very high for both internships and full-time placement. Approximately 50% of the Flores MBAs at LSU select internal auditing as their specialization, the majority of which also receive internships through the program.

Overview

Center for Internal Auditing

The LSUCIA, considered to be the premier internal audit program in the world, is a unique and dynamic educational program. It provides training to graduate and undergraduate students for developing an understanding about the Internal Auditing Profession and Enterprise Risk Management. The program was the first university-based internal auditing training program and was established in 1985. The LSU Center for Internal Auditing has become a model for similar programs in other schools and countries.

The LSUCIA consists of 3-5 courses with an emphasis on governance, risk and controls. Students must take a minimum of three courses to be considered as qualifying for the specialization designation. Several departments have differing course requirements for an internal audit specialization. The program begins in January and ends in December. Internal Audit is a multidisciplinary profession, and the LSU Center for Internal Auditing program seeks students from backgrounds as varied as engineering, finance, information systems, management, marketing, accounting, economics, public administration and non-business areas. Courses offered in the internal auditing specialization include: operational auditing, case studies in internal auditing and internships in internal auditing. To see the suggested route for an internal auditing specialization, please click here.

What Does It Take?

Internship Information

The internal audit program has an optional, yet highly recommended, internship program. Each summer, 100 - 150 students work on internal audit staffs in New York, Chicago, Atlanta, Dallas, Washington, Charlotte, Memphis, Houston, New Orleans, Baton Rouge, etc. Some of these internships involve international travel. The advantages of the internship include:

•Three hours credit•$10-$25 per hour compensation•Valuable professional experience•Potential job offer•Networking opportunities•Career Development•Preparation for full-time interviews

Institute of Internal Auditors

Students enrolled in the LSUCIA program are eligible to join the Institute of Internal Auditors (The IIA). The IIA is an international professional association of more than 170,000 members. Benefits of membership include receipt of publications and professional guidance, discounts on products and publications, as well as membership in the IIA Baton Rouge Chapter. Students attend monthly IIA Baton Rouge Chapter meetings which provide the opportunity for networking and continuing their professional education.

CIA Exam

A by-product of the Center for Internal Auditing Program is preparation for the CIA exam, which is given in both May and November. Many students that have graduated from the program have passed all four parts of the exam. Past LSU

students have won the William S. Smith International Student Highest Achievement Award, given to the student who scores the highest on the CIA

exam, nineteen times during the last twenty four years. For more information on Certified Internal Auditor Certification, please click here.

Contact Us

The LSU Flores MBA ProgramBusiness Education Complex, Room 2000

Baton Rouge, LA 70803225-578-8867 busmba@lsu.edu

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