You Deserve to Recruit Fresh Students Brimming With Talent Fill Your Next Position With an IAEP Program Participant Graduate www.theiia.org/SupportAcademics The Next Generation of Internal Audit Full Name: Linh Thien Mai University: The University of Texas at Dallas (UTD) Expected Graduation: May 2015 Degree/Major: Dual MS Accounting/MBA Concentration: Internal Audit Why you choose to pursue a career in internal audit? Because of the opportunities the profession could provide I was attracted to the idea of traveling and not sitting at a desk in a cube day all day, but I quickly developed a passion for the profession after an internship experience and I became active in my school’s IAEP Program What is the most important advice you were given? “Don’t be afraid to ask questions.” I have found it useful in many different aspects in my life Not being afraid to ask questions has helped me find my confidence and become a better leader Do you have any other degrees, certifications, or licenses? I have passed the CIA and CISA exams but am not yet certified I also intend to earn a CISSP certification What is your dream job? Why? I want to work with elephants at an elephant sanctuary This has little to with my professional interests or career goals, but I have always been fond of elephants and think it would be a humbling and rewarding experience to work “The great thing about being an internal auditor is that I can develop a skill set that will be applicable across many different fields and jobs” with such gentle creatures The great thing about being an internal auditor is that I can develop a skill set that will be applicable across many different fields and jobs Who are your personal role models? Why? As cliché as it sounds, my parents and my brother My parents faced many challenges emigrating from Vietnam and establishing themselves in the United States Despite their hardships and the obstacles before them, they never gave up By comparison, my challenges seem small and trivial Their tenacity inspires me, and their love and support has made me who I am today My brother inspires me because of how he overcame his own struggles to become successful in his career He was the biggest influence in getting me interested in internal audit and introducing me to the program Without his influence, I would not have found such a passion for internal audit Support the Internal Auditing Academic Advancement Fund www.theiia.org/SupportAcademics The IIA works year-round to help cultivate the best and brightest internal audit students around the world through its Internal Auditing Education Partnership (IAEP) Program with colleges and universities Each year students and educators from IAEP schools and employers are invited to participate in the IAEP Leadership and Networking Retreat to fill the employment pipeline with highly qualified candidates Employers who have participated in previous retreats have high praise for this one-of-a-kind event which: n Reduces the costs and simplifies the logistics associated with traveling to multiple locations to recruit qualified talent n Introduces employers to impeccably trained students ready to hit the ground running on day one of the job n Gives students and employers alike valuable facetime in a no-pressure setting The spirit and reality of the event is best captured by Dawn E Jones, CIA, a Deloitte & Touche director who says, “THIS PROGRAM GIVES US GREAT ACCESS TO WHAT WE CONSIDER THE BEST OF THE BEST IN THE INTERNAL AUDIT PROFESSION.” Support the Internal Auditing Academic Advancement Fund www.theiia.org/SupportAcademics Future Demand The global market demand for internal auditors far exceeds the professional supply today It is unprecedented and is expected to increase annually as public and private companies and government entities continue to expand their audit needs in response to corporate reforms The Skills Today’s employers are seeking candidates who have studied or majored in a wide variety of subjects such as engineering, economics, marketing, computer science, management information systems, finance, or business and internal auditing In addition to the formal education requirements, internal auditors need to be well-rounded, logical, business-oriented professionals And since internal auditors work with many people on all levels, exemplary interpersonal and written and oral communication skills are essential Hands-on Training The best way to learn more about internal auditing is to sponsor a student internship program An internship will provide candidates with special insights into internal auditing, its working relationships and jobrelated responsibilities that textbooks cannot offer, not to mention invaluable personal and professional contacts Support the Internal Auditing Academic Advancement Fund www.theiia.org/SupportAcademics Internal Auditing Education Partnership Centers for Internal Auditing Excellence Erasmus Universiteit Rotterdam Louisiana State University University of Amsterdam Comprehensive Internal Auditing Programs Aix-Marseille Université Bentley University Birmingham City University Bradley University Chulalongkorn University DePaul University Eastern Michigan University Kennesaw State University Lebanese American University Nanjing Audit University Northern Illinois University Old Dominion University Pittsburg State University Seattle University University at Buffalo - The State University of New York University of Alabama at Birmingham University of Nevada - Las Vegas University of New Orleans University of North Texas University of Pisa University of South Africa University of Texas at Austin Internal Auditing Foundation Programs University of Houston University of Pretoria University of Texas at Dallas California State University - Fullerton Cleveland State University Florida Atlantic University Georgia State University Grand Valley State University Indiana University - Purdue University Indianapolis Middle Tennessee State University Rider University San Francisco State University St Cloud State University NEW! St John’s University Texas A&M University NEW! Tshwane University of Technology Université Laval University of Malaya University of Southern California University of Tennessee - Knoxville University of Waterloo Utah Valley University Wayne State University Support the Internal Auditing Academic Advancement Fund www.theiia.org/SupportAcademics Spreading Internal Audit Awareness to Students 20 Ideas for Getting the Word to Students About Internal Auditing Provide students free admission to events and local meetings Sponsor student memberships in The IIA Develop a Mentorship Program: Pair practitioners with students to meet and talk about career paths, preparation, and more Appoint students to Chapter/Institute Boards and allow them to serve as volunteers on committees Organize case competitions for students Student teams can submit an abstract, work with a practitioner and present solutions to an internal audit case Help start and sustain an IIA student chapter at a local university that supports internal audit curriculum Develop a Summer Leadership Program: Select students to participate in research projects, simulations, company visitations, peer outreach, and presentations 10 Develop a Summer Leadership Program: Select students to participate in research projects, simulations, company visitations, peer outreach, and presentations Provide students free admission to events and local meetings Sponsor student memberships in The IIA Support the Internal Auditing Academic Advancement Fund www.theiia.org/SupportAcademics 11 Develop a Mentorship Program: Pair practitioners with students to meet and talk about career paths, preparation, and more 12 Offer scholarships to students interested in auditing 13 Participate in career fairs 14 Develop a line of communication with student associations and professors at local universities to advertise events, scholarships, student membership opportunities, etc 15 Reach out to local members to offer internships programs 16 If there is an Internal Auditing Education Partnership (IAEP) program school in your area, create a relationship between a representative of your board or Advisory Committee to keep both sides apprised of events of interest 17 Promote and support universities with the Internal Audit Academic Awareness Program and Internal Auditing Education Partnership (IAEP) program by providing scholarships for students studying internal audit, offering support for instructors (books, guest lecturers, etc.), and/or providing financial support for the university through an endowment or donation to the Internal Auditing Academic Advancement Fund 18 Host a training event, provided free or low-cost to students and mentors who participate (or co-host with a university) 19 Have practitioners seek to teach an internal auditing course at a local university 20 Share your success stories with The IIA! There are opportunities for publishing in newsletters, on AuditChannel.tv and more Support the Internal Auditing Academic Advancement Fund www.theiia.org/SupportAcademics Internal Auditing Academic Advancement Fund the Future of the Profession Meeting the Demand and Cultivating the Future of Internal Audit Internal audit employers consider recruitment vital to the success of their departments To help fill the pipeline with graduates ready to hit the ground running, The Internal Audit Academic Awareness Program and the Internal Auditing Education Partnership (IAEP) program were created to support institutions of higher education in creating stellar learning opportunities for those interested in a career in internal auditing 5,500 STUDENTS Each year, through IIA partner schools, Principles of Internal Auditing courses are offered at the undergrad and graduate levels, introducing over 5,500 students to the profession of internal audit $1.3 Million in grants The Internal Auditing Academic Advancement Fund (IAAAF) has awarded more than $1.3 million in grants to universities around the globe to advance IAEP programs The Mission of The Internal Auditing Academic Advancement Fund 48 11 UNIVERSITIES COUNTRIES Internal Auditing Academic Advancement Fund 247 Maitland Avenue Altamonte Springs, FL 32701 USA T: +1-407-937-1111 W: www.globaliia.org/academic E: academic@theiia.org 5/2015-0981/AA/CW In 2006, The IIA created the Internal Auditing Academic Advancement Fund (IAAAF), a separate 501c3, “to carry out the educational and charitable purposes for internal audit education of The Institute of Internal Auditors, by collecting and distributing funds to support the awareness and teaching of internal auditing in post-secondary educational institutions worldwide.”