The savings-and-loan fiasco put the banking industry on notice: Sharper eyes were needed in-house. Since then, firms in industries from manufacturing to retailing have stepped up their monitoring of records keeping and assessment of business risk. Part ethics officer and part efficiency expert, an internal auditor not only keeps tabs on physical assets like bank deposits and sees that employees comply with governmental regulations, but also evaluates how efficiently workers are doing their jobs and how well corporate strategy is executed. A recent survey...(referring to The Internal Auditor's Job Market 1994 by Oxner and Kusel) shows that 60% (of the auditors surveyed) expect to hire this year. Half of all audit departments are home to five or more auditors; some large banks have hundreds.

If you are graduating this year, you will find an improved job market... Now that our nation is addressing the need for exploring the roots of overspending, there will be numerous employment opportunities with the United States Government. In addition, private industry and accounting firms...are on the look-out for qualified candidates.