Available for undergraduate and graduate students enrolled in any LSU program.

INTRODUCTION

LSU has been endorsed by the Institute of Internal Auditors as the Pilot School to develop educational programs in internal auditing. The LSU Center for Internal Auditing is a multidisciplinary program composed of students from a variety of business and non-business backgrounds. The emphasis is tactical, strategic and operational auditing as a value-added consultative function.

Internal auditing is a relatively new and changing multidisciplinary profession. Internal audit staffs generally include 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.

ADVANTAGE

LSU currently has the most recognized internal audit program internationally. Students graduating from the program will be part of a small group that can claim a specialization in internal auditing. This specialization significantly increases employment opportunities and career enhancement. Assistance in career development and job placement is the primary objective of this program. Over forty universities have initiated programs similar to or modeled after the LSU Program.

CAREER PATHS

There are two career paths generally available to internal auditors:

1. A career specifically in internal audit. Many internal audit Chief Audit Executives are also V.P.'s of Fortune 500 Companies.
2. Many organizations use the internal audit department as a training ground (2-4 years) and as a stepping-stone to management positions. Internal audit is an excellent entry-level position to gain an overview of an organization's operations. Internal auditing is the job choice of preference for entry-level employment.

There are also three related career paths available within consulting firms:

1. Consulting
2. Information Technology
3. Risk Services

LSUCIA AND THE FLORES MBA PROGRAM

LSU offers the unique opportunity to complete an MBA program while receiving a concentration in internal auditing. Your career opportunities will be significantly enhanced since you can interview with organizations that recruit MBA's as well as the significantly larger group that recruits for internal auditing. Approximately 30% of the Flores MBA's at LSU select internal auditing as their concentration, the majority of which also receive internships through the program.

For more information on the Flores MBA Program at LSU, please write or call:

CURRICULUM

The LSUCIA graduate program consists of 3-5 courses leading to an emphasis in internal auditing. Students must take a minimum of three courses to be considered as qualifying for the specialization designation. Several business departments have differing course requirements for an internal audit specialization. Students should consult with their department for specifics. The program begins in January and ends in December. The elective courses offered as follows:

Undergraduate Program

Graduate Program

CONCENTRATION

The following departments offer a specific concentration in internal auditing:

• Accounting
• Finance
• Flores MBA
• ISDS
• Marketing

Students from other disciplines may have an informal concentration.

ADMISSION REQUIREMENTS

• Graduate students admitted to any LSU Graduate program are eligible to register for the LSUCIA Program.
• Undergraduate students should have a minimum 3.0 GPA or 3.0 in the last 30 hours.
• Practitioners are welcome into either the graduate or undergraduate program.
• This is a program and not a course. Only students that plan to take the fall course are encouraged to register for the spring course.

INTERNSHIP PROGRAM

The internal audit program has an optional, yet highly recommended, internship program. Each summer 75-125 students work on internal audit staffs in New York, Chicago, Atlanta, Dallas, Washington, Charlotte, Memphis, Houston, New Orleans, Baton Rouge and several other cities around the United States with many of the internships being international. The program had 75 interns in 1997, who worked in 92 cities and 12 countries. In 1998, there were 90 internships and 92 internships in 1999. The trend continued with 104 internships in 2000, 94 in 2001, 87 in 2002,110 in 2003, 145 in 2004 and 153 in 2005 . In recent years, the internship program has been expanded to offer Fall and Spring Internships as well. Over 1500 LSUCIA students have been placed in internship positions.

The advantages of the internship include:

1. 3 hours credit
2. $10-$25 per hour compensation
3. Valuable professional experience
4. Potential job offer
5. Networking opportunities
6. Career Development
7. Preparation for full-time interviews
8. Insight for Fall Course.

BENEFITS

CERTIFICATION

A by-product of the LSUCIA program is preparation for the CIA exam, which is given in both May and November. Over 300 students that have graduated from the program have passed all four parts of the Exam. LSU students have won the International Student High Achievement Award sixteen times during the last twenty years. This award is presented to the student who scores highest on the CIA exam for that year.

Award Winners

DO YOU WANT TO BE #18?

Professional certification significantly enhances your marketability and puts you in a "head start" position for a fast track career. Students are encouraged to take the November CIA exam. The trend in internal auditing is toward multiple certifications. The CISA and CPA Certifications are also recognized in the profession.

CIA OUTREACH AWARD

LSUCIA and the Baton Rouge Chapter received the 2001 CIA Academic Outreach Award. This International Award is given to the university that most actively promotes the CIA Program.

INSTITUTE OF INTERNAL AUDITORS

Students in the program become members of the Institute of Internal Auditors, a professional internal audit organization. Attendance at three of the ten annual meetings is required.

PLACEMENT: ENTRY LEVEL

Placement of students completing the program has been excellent. With a good market the last few years, our graduates fare significantly better than students not in the program. Students in the program tend to receiver more as well as better job offers with higher starting salaries. Many companies actively recruit students form the program.

PLACEMENT: EXPERIENCED

This program provides job placement assistance throughout your professional career. Many former students use the LSUCIA placement service to locate their second position.

Completion of the LSUCIA Program is necessary for job placement assistance. References are provided only to students completing the program. If you have been out of school for over two years, a reference is provided only if you have passed the CIA exam. Completion of the fall course is also necessary to claim a specialization in internal auditing. Placement assistance is not provided for students who only complete the spring course.

NOW RECRUITING STUDENTS

This program is designed for students who excel in their academic studies and have good interpersonal skills. Internal auditors spend most of their time working with operating management to improve the efficiency, effectiveness, and economy of operations. The ability to proactively work with people to facilitate change is an essential attribute. High ethical standards and professional conduct are the minimal expectations.

This fall, students in the program are expected to reap the benefits. You are encouraged to contact these students to ask for their candid evaluation of the advantages and disadvantages of the program.

The LSUCIA director is interested in recruiting students from all areas:

• Accounting
• Economics
• Engineering
• Finance
• Flores MBA
• General Business
• ISDS
• Marketing
• Rucks Department of Management
• Non-Business Areas
• Public Administration

Interested students can register for the courses through the normal registration process. You are encouraged to schedule an interview with the internal audit graduate assistants if you need additional information 225-578-6221.

CONTACT INFORMATION

This is a unique program, which has gained international recognition. We encourage you to consider the LSUCIA Program. We pledge to you the most significant career development courses at LSU. Our primary metrics are internships, jobs, and career development.

NOTE: INTERNAL AUDITING WILL BE THE BEST COURSE SEQUENCE THAT YOU HAVE EVER TAKEN.