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Internal Audit at LSU
Posted on 10/7/09 at 11:43 pm
Posted on 10/7/09 at 11:43 pm
Is it as bad as everyone says?
8
Posted on 10/8/09 at 12:40 am to Ninja Looter
the 1st two classes are not tough but just time consuming. tons of projects, and presentations. The summer case studies class was the hardest imo b/c of the time you had to put in it. the fall class isnt that bad.
Posted on 10/8/09 at 8:03 am to Ninja Looter
quote:Forget LSU, audit the Fed!!!! - rmcc316 via Ron Paul
Internal Audit at LSU
Posted on 10/8/09 at 9:11 am to Ninja Looter
very time consuming, but not that bad at all.
Posted on 10/8/09 at 9:52 am to Ninja Looter
quote:
Is it as bad as everyone says?
Assuming it's the same as it was over 10 years ago, it's what all classes at LSU should be like if they were actually trying to teach you something. Be prepared to put in serious work like it's a job and you'll do fine. It's basically a 1 year program prepping you for a certification, a good opportunity to take advantage of if you're ready to start preparing for the real world and your post college life.
Posted on 10/8/09 at 10:23 am to TigerinATL
I think I only know one person (out of ~70) that actually finished it. Most people just did it to get that internship.
Posted on 10/8/09 at 10:39 am to sheek
quote:
the 1st two classes are not tough but just time consuming. tons of projects, and presentations. The summer case studies class was the hardest imo b/c of the time you had to put in it. the fall class isnt that bad.
How many hours a week do you think you put into the class?
Posted on 10/8/09 at 10:54 am to Ninja Looter
quote:
How many hours a week do you think you put into the class
Put it this way I only took 9 hours counting the Internal audit class. i put at least 7 hours a week into the class not counting the actual class time. the summer case studies class was basically 3 sometimes 4 hours each day after the class. I took the classes back in 1999-2000.
Posted on 10/8/09 at 1:29 pm to Ninja Looter
The internship alone makes it worth it. It's a damn shame the business school and the accounting department can't take a cue from the IA program and try and mimic its success with job placement.
Posted on 10/8/09 at 1:31 pm to sneakytiger
I know Amaga Agachakawu did well in Internal Audit at LSU...
Posted on 10/8/09 at 1:35 pm to sneakytiger
I don't know that there is anything they can really do about that? The IA program is successful because they had great timing and, honestly, because not a lot of people really want to do that type of stuff. General accounting has a much larger field of applicants.
Posted on 10/8/09 at 1:45 pm to kfizzle85
quote:
I don't know that there is anything they can really do about that?
None of my business classes at LSU were even remotely as much work as the IA program. Just weeding out the lazy people alone would probably improve the quality of graduate if the other programs were run like IA. I can't remember how many group projects I did by myself on behalf of my group in regular classes, where in IA everyone was competing to be the smart, hard working one.
Posted on 10/8/09 at 1:49 pm to TigerinATL
I don't disagree with that assessment (generally speaking), but that's a change in the school's teaching philosophy, not in their recruiting efforts. You would hope that one would naturally improve the other, but it doesn't seem to work that seamlessly.
Posted on 10/8/09 at 2:34 pm to TigerinATL
quote:
None of my business classes at LSU were even remotely as much work as the IA program. Just weeding out the lazy people alone would probably improve the quality of graduate if the other programs were run like IA. I can't remember how many group projects I did by myself on behalf of my group in regular classes, where in IA everyone was competing to be the smart, hard working one.
this is very true, and a big reason I hate group work in general. it could either be a very good experience or a very bad experience.
Posted on 10/8/09 at 2:36 pm to Ninja Looter
Virtually every school in Texas has incorporated an internship into their five year accounting programs. Seems like it wouldn't be difficult for the graduate school to do something similar with the MS Accounting program. Back when I was in school (~2006) the easiest route for accounting majors to get an internship and job offer was through the IA program... I was never very happy with that fact.
It may be different now that the 404 is fading and IA is generally shrinking.
It may be different now that the 404 is fading and IA is generally shrinking.
Posted on 10/8/09 at 2:44 pm to sneakytiger
Nah, that's still largely the case, and as a fellow MS Acct student (although at UNO now), I am in complete agreement with your position, as I had no intention of doing IA or participating in that program, but knew the opportunities it afforded people. Even as 404 fades, AS5 is just picking up, so it should still be relatively in-demand for a few more years, I would think.
This post was edited on 10/8/09 at 2:46 pm
Posted on 10/8/09 at 7:09 pm to kfizzle85
went through the program in 98. Even though I ended up on the IT side of things after Andersen (Enron = fun) it was a great class/program. Worth your time and effort.
Even if you don't like IA, the class will help you in a lot of other jobs.
Even if you don't like IA, the class will help you in a lot of other jobs.
Posted on 10/8/09 at 10:25 pm to kfizzle85
quote:
Even as 404 fades
Not sure what company you work for but SOX compliance is still a very HIGH on the radar in prioity for the (public)company I work for. It is still a cash cow and feeding ground for Deloitte, KPMG, Ernst & Young, etc......
Posted on 10/9/09 at 10:14 am to tigerjazz61
what are the internships usually like? I'm assuming they are industry accounting considering they are internal audit rather than public accounting?
Posted on 10/9/09 at 10:20 am to tigerjazz61
quote:
Not sure what company you work for but SOX compliance is still a very HIGH on the radar in prioity for the (public)company I work for. It is still a cash cow and feeding ground for Deloitte, KPMG, Ernst & Young, etc......
I'm not saying it isn't still relevant from an industry standpoint, but it is definitely less relevant from a PA (and thus, in many cases, recruiting) standpoint. In the early part of the decade, B4 et al needed armies of IAs because companies didn't know wtf they were supposed to do. Now that that is all ironed out, they need significantly less of them, as most of those people are now occupying those positions in industry. If there was more industry-level recruiting here, it would be a different story. I can only think of 2 people (out of maybe 200?) that I know from LSU, UNO, Loyola, and Tulane combined that started out in industry.
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