The Internal Audit Professional Apprenticeship has been developed by employers and approved by the Institute for Apprenticeships. The driving objective for this was to provide a suitable development framework for those who are either in or looking to move to a managerial position.
The IAP Apprenticeship Course has been designed so that apprentices who successfully complete our course will also receive the MSc Internal Audit Management & Consultancy, with no additional work or cost above that included in the IAP Apprenticeship funding band.
Birmingham City University has a long, successful history of delivering high quality internal audit courses, and we now want to work with employers to ensure their employees reach their full potential.
The course is divided into 8 modules. This has been carefully mapped against the IAP Apprenticeship Standards and End Point Assessment, to the syllabi of the CIA and QIAL and the IIA Inc’s suggested syllabus from the Internal Audit Educators Partnership programme, which accredits this course.
The first two years of the course are designed to meet the gateway requirements to the EPA, i.e. completion of the CIA and the 3 case study exams of the QIAL. The final year is used to help you perform the work and research required for the EPA, maximising the use of support available and enabling the University to provide a recommendation on your preparedness to complete the EPA.
If you leave part-way through the course, you will be given an appropriate academic award depending on the modules you have completed successfully.
You may be able to take advantage of the government’s plans to make loans of up to £10,906 available for postgraduate study.
An Honours degree from a UK University or international equivalent
OR Indicative 3 years-experience in an internal audit role, assessed through the Recognition of Prior Learning Scheme (RPL)
OR Level 4 Apprenticeship AND 24 months experience in an internal audit role assessed through the RPL
For the Internal Audit Professional Apprenticeship, apprentices will also be required to meet the exam entry requirements for the professional qualifications. These can be found here.
Starting: Sep 2020
Starting: Jan 2021
Sorry, this course is not available to EU and International students.
The University reserves the right to increase fees in line with inflation based on the Retail Prices Index or to reflect changes in Government funding policies or changes agreed by Parliament up to a maximum of five per cent.
The Internal Audit Professional Apprenticeship is approved by the Institute of Apprenticeships with a funding band of £17,000. This is the maximum available from the apprenticeship levy to cover the associated costs.
The key costs that are incurred are as follows:
Please note that membership of the Chartered Institute of Internal Auditors is also required, but due to funding rules this cannot be included in the levy funding. Therefore this costs will need to be met by either the employer or the apprentice.
The fee to be charged by the University depends on the level of support that the organisation requires above those stipulated by the funding requirements. The Institute for Apprenticeships also expects the training provider fees to be subject to negotiation with the employer organisation. However, it is the University’s intention to keep the total costs below the funding band wherever possible.
The fee to be charged will therefore be discussed as part of the initial discussions and contract negotiation.
Students are required to submit a personal statement as part of their application for this course.
Your postgraduate personal statement is going to shine a light on your personal experience, academic success, personal skills and any other factors that will support your application for further study.
Here are the key areas you’ll need to address:
Studying a postgraduate course usually means you want to specialise in something. So what’s driving you?
Show that you’ve researched the course offering. What is it about this particular course that appeals to you? Is it the lecturers? The modules? Etc.
Tutors want to know that you can handle postgraduate study, so show them how your undergraduate experiences or work life has equipped you for a more advanced level of study. Key areas to address are research and group work but this can vary depending on your chosen course.
Add anything relevant that relates back to your chosen course and shows how your skills will contribute towards your learning. What extra-curricular activities have you taken part in? What awards have you won? What employment or voluntary experience do you have that has helped you develop transferable skills? How do these specifically relate to the course you are applying for?
You should also mention your future plans and how a postgraduate qualification fits in. Try to look beyond your postgraduate study – do you plan to jump straight into a specific career or follow your studies with a research degree? Lastly, use plain, professional English and, where possible, utilise the language of your chosen industry.
Get more information on writing personal statements.
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.
The cost of accommodation and other living costs are not included within your course fees. More information on the cost of accommodation can be found in our accommodation pages.
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 £10,906 for some courses and options?
Essentials of Internal Auditing
This module considers the purpose of internal audit and how it fits alongside other governance activities of an organisation. It explores the principles which sit behind the activity as well as how to ensure that a high quality function is delivered. It also looks at internal audit’s role in evaluating the anti-fraud framework in the organisation.
Practice of Internal Auditing
This module is designed to guide the student through the management and performance of a risk based internal audit engagement which complies with the definition of internal auditing and the standards defined in the International Professional Practices Framework (IPPF) which were introduced in Essentials of Internal Auditing.
Business Knowledge for Internal Auditing
The module will expose students 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. The module will focus on business acumen, information security, informational technology and financial management.
Internal Audit Leadership
This module seeks to explore the role, responsibilities and competencies of a head of internal audit. It will consider the development of strategic and operational plans for internal audit, the creation and leading of an internal audit function and being a consultant and advisor to the organisation’s leaders.
This module explores how organisations operate and in particular the internal governance, risk management, assurance provision, strategic management and financial management of organisations. Again internal audit functions need to be designed and work to support these as well as to be able to assess them as part of their work (either as an audit engagement or as a consultant).
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. In addition, internal auditors are often asked to provide advice on key challenges including these areas.
Innovation and Professional Development
In this module students will critically assess risk management and propose innovative and creative developments that will improve the practice of risk management and bring further value to organisations. Students will also look at how risk management can be a catalyst for improvement and innovation within an organisation and how change can be managed through to efficient and effective implementation. Finally they will look at their own personal development within the profession.
Internal Audit Consultancy Research Project
As this is a research project of the students choice in the area of internal audit, any of the Programme learning outcomes can apply depending on the area that the student has chosen. It will be the responsibility of the student / apprentice and their allocated mentor to identify which Programme learning outcomes relate to the research project.
Our learning and teaching methods are designed to encourage and support independent learning.
Apprentices are provided with a guided pathway through the learning resources, which are provided on the Virtual Learning Environment ‘Moodle’. These resources include (but are not limited to):
Wherever possible, real life case studies will be used to illustrate the learning.
Face-to-face delivery is through an intensive week at the very start of the study for a module and where possible with our existing MSc students. This approach will help the different cohorts to meet and network, thereby creating greater opportunities for peer support.
The week will feature workshops of group activities allowing you to explore and apply experiences and understanding you have gained from prior reading provided on Moodle. Formative feedback by the lecture team will be provided through these activities which can be used to help with the assessment.
Where there is an exam, a 2 day intensive course will also be provided and timed to best support you. This will involve review of challenging areas of the syllabus and practice of exam questions both in groups and individually.
All apprentices have access to Moodle throughout their study and this includes a discussion forum where you can interact others and with the tutors on a group basis. Individual and group tutorials are also available by appointment to suit your needs and there are regular weekly virtual drop in sessions.
This blended approach to learning ensures that the ‘off the job’ requirement is met through a variety of learning opportunities which are both fixed and flexible in terms of timing and location.
All Apprentices will be students of the University and this then provides additional wrap around services to support your learning. This includes access to ebooks for their course, uworkshops on business and academic skills, and Student Services which provides pastoral and practical advice and support during the full length of the course.
Apprentices will also be part of the personal tutoring process, which will provide an additional avenue for one-to-one support focused on their wellbeing.
Progress reports and meetings will also take place with both the Apprentice and Employer, to ensure that all parties are able to provide the appropriate and high quality support for successful completion of the course and the apprenticeship.
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.
We are constantly investing in our estate and are currently in the process of spending £340 million on new learning facilities.
This course is based at our City Centre Campus – and specifically The Curzon Building, alongside other Social Sciences, Law, Business and English students.
The £63m building offers students a unique social learning space, including a dedicated student hub incorporating student support services, in the heart of Birmingham’s Eastside development.
The Business floors house an extensive number of IT facilities, breakout areas, and specialised rooms. The Marketing Link Agency is designed to replicate a modern marketing firm, allowing students to get real-life experience of working in the marketing sector. There is also the City Trading Room, which features state of the art stock market tracking equipment, keeping you up to date with all the financial comings and goings of the London Stock Exchange and Wall Street.
The Curzon building is also conveniently close to Birmingham’s business and financial centre, allowing for strong links between your studies and the real world.
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.