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Decoding the New Specialization – What’s Hot About the Construction Investment Auditing Specialization

Tuesday , 04/11/2025, 22:30 (GMT+07) 46

Currently, the Construction Investment Auditing specialization is a key field, quite popular, and offered at many universities worldwide under the commonly used name Construction Investment Audit.

The construction sector has unique characteristics that no other business or production field possesses, such as projects designed specifically to meet investor requirements, large-scale construction volumes, long construction timelines, high capital demands, and heavy exposure to natural and socio-economic factors throughout the investment process. This inherently carries a high level of risk. Moreover, construction investment projects impact all aspects of socio-economic life.

Therefore, ensuring investment aligns with its intended purpose, maximizing efficiency, and minimizing or eliminating losses is a requirement for all management levels. To meet labor market demands both domestically and regionally, Hanoi University of Civil Engineering (HUCE) has launched a new specialization in Construction Investment Auditing, training engineers and architects with professional knowledge and foreign language proficiency to meet the workforce needs in the near future.

I. SPECIALIZATION INTRODUCTION

Construction has unique characteristics such as project designs tailored to investors’ needs, large construction volumes, long execution times, high capital demands, and significant exposure to natural and socio-economic factors. To ensure investment meets its objectives, is efficient, and minimizes wastage, effective management is essential.

Construction Investment Auditing involves collecting information on construction investment projects, comparing them against legal regulations and project designs, and providing independent opinions from the audit unit and auditors regarding compliance, legality, accuracy, and correctness of the investment process. Audit results are used by investors, construction companies, and regulatory agencies to obtain reliable information for timely resolution of emerging issues, correcting violations in fund allocation and usage, or addressing other matters related to construction investment.

II. SPECIALIZATION INFORMATION

  • Program Duration: Bachelor’s (3.5 – 4 years); Engineer (equivalent to Level 7/Master’s: 5 years)

  • Faculty: Faculty of Economics and Construction Management

  • Major: Construction Management / Specialization in Construction Investment Auditing

  • Admission Code: 7580302_04

  • University Code: XDA

III. GRADUATE OUTCOMES

Knowledge (Practical & Theoretical):

  • Understand and accurately apply legal regulations on construction investment auditing.

  • Apply auditing knowledge to organize and perform audits and related tasks.

  • Use auditing knowledge to analyze and evaluate activities and propose improvements for management and business operations for audit subjects.

Skills (Professional & Communication):

  • Independently analyze and address economic and construction management issues.

  • Organize and manage projects from preparation, execution, to operation.

  • Provide consulting to audit subjects: evaluate root causes of errors, limitations, or fraud; propose corrective actions; advise audited entities and recommend solutions to authorities.

  • Develop strong communication skills and the ability to work both independently and collaboratively in accounting, inspection, and audit departments of organizations or as professional audit staff.

Autonomy & Responsibility:

  • Proficiently apply IT and foreign languages in auditing tasks.

  • Think independently, objectively, and critically on accounting and auditing issues.

IV. ADMISSION COMBINATIONS

Construction Investment Auditing Admission Combinations:

  • Based on High School Graduation Exam (2024): Code 100; Combinations: A00, A01, D01, D07

  • Based on High School Transcript: Code 200; Combinations: A00, A01, D01, D07

  • Based on Aptitude Assessment Test (2024): Code 402; Combination: K00

  • Combined Admission: Code 409; Combinations: Χ01, Χ03, Χ05

  • Priority Admission: Code 500; Combinations: A00, A01, D01, D07

V. SCHOLARSHIP AND STUDENT SUPPORT OPPORTUNITIES

  • Merit-based Scholarships: Awarded each semester based on academic performance and conduct; funded from tuition fees.

  • Đồng Hành Scholarship: Established in 2001 by Vietnamese students studying in France to support domestic students financially and morally.

  • Lê Mộng Đào Scholarship: Established in 2008 to support disadvantaged students in achieving their educational goals.

  • Đỗ Quốc Sam Scholarship: Named after the late Professor Đỗ Quốc Sam for regular students.

  • Merali Scholarship: Supported by the Shirin Pandju Merali Fund to assist female students with strong academic potential but limited financial means.

  • Kumho Asiana Scholarship: Established in 2007 to train talented individuals and promote arts and culture in Vietnam.

  • CSC Award: Prestigious award for students of the Faculty of Economics and Construction Management.

  • Scholarships for Underprivileged Students: Provided at the start of each academic year to encourage and motivate students in need.

VI. CAREER OPPORTUNITIES

1. Private Sector:

  • Assistant auditor or auditor at domestic and international auditing firms.

  • Specialist in construction cost norms, budgeting, tender documents, and site management.

  • Consultant in investment project planning, cost review, and bidding services.

  • Project evaluator or loan reviewer at commercial banks and insurance companies.

  • Internal auditor for enterprises, investors, or project management boards.

  • Consultant in financial, accounting, and taxation firms.

  • Staff at construction companies and project management boards.

2. Government Sector:

  • State audit agencies.

  • Staff in departments analyzing and evaluating projects; developing cost norms and contracts.

  • Staff in local and central agencies managing construction investment.

3. Education & Research:

  • Researchers and lecturers at universities and research institutions.

  • Specialists at research institutes focusing on construction economics and management.

FACULTY OF ECONOMICS & CONSTRUCTION MANAGEMENT – HUCE