Internal Audit Management and Consultancy (Full-time, block-release or flexible distance learning) - MSc

Attendance:
Full Time, Part Time
Starting:
September 2016
Campus:
Fees:
£8,100 for UK/EU Full Time 2016 entry (view all fees)

Designed to provide you with the skills and values to successfully operate in a number of roles, our Audit Management and Consultancy course will help to develop you into a director, manager or consultant in today’s challenging but rewarding audit sector.

Professional accreditation from the Chartered Institute of Internal Auditors (IIA) ensures our course is fresh and relevant, and our past graduates have gone on to work with high-profile organisations including Cancer Research UK and the Department of Work and Pensions.

Please note that this degree is still subject to change before June 2016.

What's covered in the course?

  • The course is unique and challenging, and will ensure you become successful in managing audit teams, audit departments and many other business organisations.
  • There is an increased demand for directors, managers, auditors and consultants qualified at postgraduate level, to help appreciate the increasing demand for organisations to implement effective reporting systems. With this in mind, our course is designed to enhance your skills and train you to become a qualified, assured director.
  • We encourage your communication and confidence with active learning methods, such as group work, seminars, debates and quizzes. You will have in-depth looks at corporate governance and risk management, financial risk, strategic management and consultancy, as well as a wide range of internal audit techniques. These topics will help you become ingrained in successful audit and business management.
  • We developed the course in response to the global attention to risk and assurance, particularly from a technological, socio-economic and political view.
  • The course can be studied through a number of methods – full-time, part-time, block release (an intensive five days of study per module) or through distance learning. The range of options ensures you can study this course via a method that suits you.

Why Choose Us?

  • We are an established team with over 20 years’ experience of delivering courses accredited by the Chartered Institute of Internal Auditors (IIA).
  • The Centre prides itself on its extremely high pass rates.
  • The lecture team is supported by guest speakers, who regularly visit during
    part-time sessions to provide practitioner insight.
  • We get to know our students as individuals and support their specific needs, or can signpost them to other areas of the University that can provide additional, complimentary support.
  • Our course is delivered with flexible distance learning, so you can fit your studies alongside work and personal commitments.
Visit our open day

Postgraduate Open Day

Our next Postgraduate Open Day will be on Wednesday 23 November. Registration will open shortly.

In the meantime, register your details and we'll contact you when more information is available.

Sign up for Open Day info

This course is open to International students

Birmingham City Business School

Discover Birmingham City Business School

Visit our School site for more student work and extra information.

Visit the School website

New £10,000 postgraduate loans

You may be able to take advantage of the government’s plans to make loans of up to £10,000 available for postgraduate study.

More about postgraduate loans

This course is accredited by:

Chartered Institute of Internal Auditors Logo

Entry Requirements

UK students
Essential

To register for the Masters degree you should normally hold a recognised Bachelor's degree of a good standard. Applicants with suitable work experience and/or qualifications other than those above may be considered for entry.

Applicants with suitable work experience and/or qualifications other than those above may be considered for entry.

Credit (exemption) may be given on a case-by-case basis for individual modules on the basis of prior learning and practice based experience against a standard list of exemptions which can be provided.

In most cases, a TOEFL score of at least 575 or an IELTS score of 6.5 average or 6.0 in all bands or an alternative qualification evidencing an equivalent competence in English will be required.

International students
Essential

In addition to the above requirements where English is not your first language, you must be able to furnish satisfactory evidence of a level of attainment in English language commensurate with study at Masters Level at Birmingham City University.

In most cases, a TOEFL score of at least 575 or an IELTS score of 6.5 average or 6.0 in all bands or an alternative qualification evidencing an equivalent competence in English will be required.

UK or EU students

Award Start Mode Duration Fees
MSc Sep 2016 FT 1 year £8,100
PT 3 years £900 per 20-credit module

If you're unable to use the online form for any reason, you can complete our PDF application form instead.

International Students

Award Start Mode Duration Fees
MSc Sep 2016 FT 1 year £12,000
PT 3 years £900 per 20-credit module

If you're unable to use the online form for any reason, you can complete our PDF application form instead.

The University reserves the right to increase fees broadly in line with increases in inflation, or to reflect changes in government funding policies or changes agreed by Parliament.

Additional costs

While there are no additional costs associated with purchasing text books, there may be other costs to you. If you are joining the course which has a professional body accreditation you may be required to pay membership or examination costs. For details of these costs, please click on the link below.

Based on the past experience of our students, you might find it helpful to set aside about £50 for each year of your studies for your personal stationery and study materials. All our students are provided with 100 free pages of printing each year to a maximum total value of £15.

Find additional costs for your course

Your personal statement

Your personal statement is a highly important part of your application. It gives you a crucial opportunity to say why you’re applying and why the institution should accept you.

Here are the key areas you’ll need to address:

Course choice

Why does this course appeal? What areas are of particular interest?

Career plans

If you have a specific career in mind, say how your chosen course will help you pursue this goal.

Work experience

Mention any work that is relevant to your subject, highlighting the skills and experience gained.

School or college experience

Highlight skills gained at school/college, eg summer schools or mentoring activities.

Non-accredited skills or achievement

eg Duke of Edinburgh Award, Young Enterprise scheme.

You should also mention your future plans – if you’re planning to take a year out, don't forget to give your reasons. Talk about any subjects you’re studying that don’t have a formal assessment and any sponsorships or placements you’ve applied for. And don't be scared to add in details about your social, sports or leisure interests.

Get more information on writing personal statements.

This course is available part-time

Got any questions?

Search our Frequently Asked Questions for a range of information about our courses and studying here.

Financial Support

We offer further information on possible postgraduate financial support. This includes the type of loans, grants and scholarships available both from the government and from Birmingham City University.

Did you know that you will soon be able to apply for a postgraduate loan of up to £10,000 for some courses and options?

Postgraduate loans

Stage 1: PgCert in Internal Audit

Internal Audit and its Context
20 credits

This module explores the reasons why internal audit is needed by considering the environments in which organisations operate. It will then look at what internal audit is and the International Professional Practices Framework which guides the profession. This module provides the foundation from which the following modules then build.

Providing Assurance - Risk Based Internal Auditing
20 credits

This module will look at the processes used by internal audit to perform its role. You will be guided through the performance of a risk-based internal audit assignment which complies with the definition of internal auditing and the standards defined in the International Practices Framework. Risk management tools and techniques that can be used by internal audit will also be included in the study.

Organisation Environment Risks and Controls
20 credits

This module will look at three core risk and control areas: finance, IT and fraud. The module will expose you to different areas of an organisation that they may be required to audit, helping them to understand best practice, risks and controls for the related processes. You'll also be required to select one further risk and control area from a selection to research and study independently.

Stage 2: PgDip in Internal Audit Management

Ethical Sustainability Leadership
20 credits

This module explores ethics, corporate social responsibility and sustainability which are all considered to be essential for organisations to succeed. Understanding this will help leaders to develop internal audit functions which take the organisations challenges and culture into account.

Organisational Leadership
20 credits

This module explores how organisations operate, paying particular attention to internal governance, risk management, assurance provision, strategic management and financial management. Internal audit functions need to be designed to work with and support these areas, as well as to be able to assess them as part of their work.

Leading Internal Audit
20 credits

This module seeks to explore the role, responsibilities and competencies of a head of internal audit. It will consider the strategic development, creation and leading of an internal audit function, as well as being a consultant or an advisor to an organisation’s leaders.

Stage 3: MSc Internal Audit Management and Consultancy

Professional Innovation and Development
20 credits

In this module you'll critically assess internal audit and propose innovative and creative developments that will improve the practice of internal audit and bring further value to organisations.

You'll also look at how internal audit can be a catalyst for improvement and innovation within an organisation, and how change can be managed through to efficient and effective implementation. Finally you'll look at your own personal development within the profession.

Research Project
40 credits

A research project of your choice in the area of internal audit. As a result, any of the course learning outcomes can apply. It will be you and your allocated supervisor's responsibility to identify which course learning outcomes relate to the research project. There will be little in the way of taught content for the module other than research methods.

Course Structure

Our course is available to study in a range of options, ensuring you don’t have to miss out.

Full-Time

You can choose to study one year full-time or three years part-time, with qualifications achieved at the end of each year:

  • Year One – Postgraduate Certificate
  • Year Two – Postgraduate Diploma
  • Year Three – Masters (MSc)
Distance Learning

This course is also offered as a distance learning option, enabling you to study at a time that suits you. You don’t have to attend any face-to-face sessions, and delivery of course materials is done through our e-learning platform, Moodle. Each module has a revision day which, although not mandatory, you should highly consider attending. If you can’t make it, supporting materials are made available via email.

If you’re an international student, you can sit your examinations at your British council offices for a fee payable locally of around £100 per examination.

Block Release

This option sees you attend intense face-to-face teaching on campus from Monday to Friday (this has changed from the previous Monday to Thursday arrangement). There would be five of these weeks in the first year, and four in the second year.

This option also provides the flexibility to incorporate some distance learning, to accommodate your work and personal commitments. You can do this at no extra charge and with no penalties.

Please note that this degree is still subject to change before June 2016.

Student stories

Mariusz Makarski Profile

Mariusz Makarski

Joining BCU back in 2014 whilst still working full time, Mariusz had the help of his tutors to successfully balance his work and his studies. He is now a Senior Internal Auditor for the Royal Bank of Scotland.

Simon Grima

Studying part-time for his Masters, and with a career that embraces lecturing and consultancy, Simon appreciated both the academic and professional relevance of his course.

This course is accredited by:

Chartered Institute of Internal Auditors Logo
Chartered Institute of Internal Auditors

The Centre for Internal Audit, Governance & Risk Management is extremely pleased to announce the introduction of a new ‘Route to Chartered Status’ with the Chartered Institute of Internal Auditors – UK Ireland (IIA).

Students of the University who meet the following criteria will be awarded the IIA’s Chartered Member designation of CMIIA:

  • Successful completion of the M.Sc. Internal Audit Management & Consultancy
  • Either the CIA or PIIA qualification
  • Successful submission of a Professional experience Journal to the IIA
Internal Auditing Education Partnership

The Internal Auditing Education Partnership (IAEP) program was developed to respond to the growing interest in internal audit education at institutions of higher learning. The program also addresses a general need of practitioners interested in hiring students who possess a well rounded skill set for conducting internal auditing.

The IAEP program prepares students with the skills and knowledge to help them conduct basic internal audits immediately upon hire, as well as provide a foundation to begin preparing for the Certified Internal Auditor® (CIA®) examination.

Further study

Further study opportunities are available on the Business School's PhD programme, and we welcome applications from these interested in undertaking study in the Centre's core areas of interest.

Student stories Dr Rodney Irwin

Managing Director at WBCSD

Originally from Bessbrook in Northern Ireland, Dr Rodney Irwin studied at the then University of Central England. He has enjoyed a global career at the World Business Council for Sustainable Development (WBCSD) and has also gone on to gain further qualifications including a PhD.

In October 2012 I took a role as Managing Director of Financial Capital at WBCSD - a membership organisation made up of 190 global businesses. I engage with businesses and support them with reporting in non-financial performance, strategy and innovations on corporate reporting. I also sit on the International Integrated Reporting Council (IIRC) working group, am a member of the Advisory Board of the Sustainability Accounting Standards Board and a Board Member of the Climate Disclosure Standards Board.

OpportUNIty

OpportUNIty Student Ambassador

OpportUNIty: Student Jobs on Campus ensures that our students are given a first opportunity to fill many part-time temporary positions within the University. This allows you to work while you study with us, fitting the job around your course commitments. By taking part in the scheme, you will gain valuable experiences and employability skills, enhancing your prospects in the job market.

It will also allow you to become more involved in University life by delivering, leading and supporting many aspects of the learning experience, from administration to research and mentoring roles.

Enhancing employability prospects

Studying this course will open the door to a number of higher management tiers, in both the public and private sectors. Our graduates have secured jobs as audit managers and internal auditors – as well as more diverse roles such as risk and compliance auditors, operative and compliance consultants and governance control analysts. They work for companies such as Department of Health, DEFRA, Cancer Research, the Department of Work and Pensions, and the Atomic Weapons Establishment.

Postgraduates earn an average £9,000 more per year than those with just undergraduate degrees*. A postgraduate qualification can really help you stand out from the crowd in today’s competitive job market. By becoming a specialist in your field, you’ll have the chance to advance thinking in that subject and lead, rather than follow, the latest developments.

* Department for Business, Innovation & Skills, 2015.

Graduate Jobs

The course’s wide-ranging brief ensures our graduates move on to a variety of managerial and consultancy roles. Some of the institutions our companies work for include the Department of Health, the Department for Environment, Food & Rural Affairs, Cancer Research, Department of Work and Pensions, and Atomic Weapons Establishment.

International Students

Birmingham City University is a vibrant and multicultural university in the heart of a modern and diverse city. We welcome many international students every year – there are currently students from more than 80 countries among our student community.

The University is conveniently placed, with Birmingham International Airport nearby and first-rate transport connections to London and the rest of the UK.

Our international pages contain a wealth of information for international students who are considering applying to study here, including:

Birmingham City University International College (BCUIC)

International students who have a serious interest in studying with us but who perhaps cannot meet the direct entry requirements, academic or English, or who have been out of education for some time, can enter Birmingham City University International College (BCUIC) and begin their degree studies.

BCUIC

BCUIC is part of the global Navitas Group, an internationally recognised education provider, and the partnership allows students to access the University’s facilities and services and move seamlessly through to achieving a Bachelor’s degree from Birmingham City University.

Learn more about BCUIC

Popular home countries

Our students come from around the world but our audit management and consultancy course is most popular with international students from:

Malawi Flag

Malawi

UAE Flag

UAE

Curzon facilities eatery
Curzon facilities staircase
Curzon facilities student hub

Our Facilities

We are constantly investing in our estate and are currently in the process of spending £260 million on new learning facilities.

The Curzon Building

This course will be held at our newest facility, The Curzon Building, part of our City Centre Campus.

The £63 million building provides you with a unique learning space, featuring plenty of informal ‘break out’ areas available, creating an open, sociable atmosphere. There is also a new home for the Students’ Union, with its location moving to the restored Victorian pub The Eagle and Ball. Both City North and Millennium Point libraries have moved to the new building.

The dedicated social learning spaces ensure you’ll have the perfect facilities to work independently and confidently, having the time and support you need.

All this ensures that The Curzon Building is a vital support hub and a true central location for students in Birmingham City Centre.

Dr Andy Hollyhead

Associate Professor

Andy Hollyhead joined the University in 2003 after 15 years in industry in a number of large organisations, including roles as business systems analyst and project manager. He is part of the Centre for Internal Audit, Governance and Risk Management.

Ann Brook Profile Picture July 2016

Ann Brook

Senior Lecturer

Ann began her career in insurance, underwriting and processing claims, for a large national building society. She then moved to working in a global treasury department, verifying and performing transactions all over the globe. After this she moved into internal audit working at many different regional building societies and became a Head of Internal Audit for Chelsea Building Society in July 2009.

She moved into risk management in January 2011 and worked in corporate banking and then social housing and care. Her last role included working as a Company Secretary and working alongside boards and committees and supporting them in fulfilling their responsibilities.

Outside of her full time career she has also held volunteer positions. She has been a Governor and Audit Committee member for Sandwell College over the last seven years and has just been appointed as Governor for Birmingham Women’s Hospital.

She also volunteers for the professional body, the Chartered Institute of Internal Auditors, where she is a Fellow, as a local committee member she organises events for internal audit and risk professionals to network and update their knowledge.

Over her career she has managed many different sized teams and mentored them through their qualifications and development.

She believes this mix of professional experience and her open and approachable nature enables her to provide the best teaching and support to students.

Alan Robson Profile Picture July 2016

Alan Robson

Associate Professor

Alan Robson graduated in 1985 with one of the first Information Systems degrees in the country, before moving directly into lecturing. He joined Birmingham City University in 1986 as a lecturer in computer programming and systems analysis, and in April 2009 he joined the Centre for Internal Audit, Governance and Risk Management.

Balvinder Plaha

Lecturer in Financial Risk and Corporate Governance

Balvinder Plaha joined Birmingham City University in 2015 and currently teaches the finance and corporate governance modules on the MSc Internal Audit, Governance and Risk Management and risk response and risk leadership on the MSc Risk Management course.

UK prospective students:

UK enquiry form

+44 (0)121 331 5595

EU / International prospective students:

International enquiry form

+44 (0)121 331 5389

Already applied?

Email the applications team

+44 (0)121 331 6295