Toyota Industries Europe (TIE) is the European holding company of Toyota Industries Corporation’s (TICO) based in Japan. TIE hosts business units such as Vanderlande, Toyota Material Handling Europe and viastore.   

TIE has more than 20 000 employees. Our business units are primarily operating in the material handling and intralogistics area. We have presence in all major European markets. Although our business has its roots in Europe, approximately 15% of our operations are conducted outside the continent, with a primary focus on the United States and Asia. We are now building up the capability in TIE to support our business units to drive synergies and optimize corporate services, improve corporate governance, and build critical competence for the entire group.  

About The Thesis

Our Internal audit team in Europe is launching an initiative to enhance transparency, risk awareness, and ethical business practices across our global operations.

While the company currently uses an Internal Control Questionnaire (ICQ) to assess internal controls, we believe there is room to make this tool more effective in identifying key risks and opportunities for improvement.

This project offers a unique opportunity for students to work on a real-world business challenge, collaborating with Global Internal Audit team in reviewing the current control environment and ICQ, assessing how well existing controls address business risks, and exploring new ways to improve the design, relevance, and impact of internal control processes.

We welcome creative, analytical, and forward-thinking students who want to contribute ideas that strengthen our company’s governance, enhance efficiency, and promote ethical business practices.

Thesis Objectives

The main objective of this project is to strengthen the company’s internal control and governance framework by assessing the current control environment and identifying opportunities for improvement across global entities.

More specifically, the project aims to:

1. Assess the Current Control Environment – Review how the Internal Control Questionnaire (ICQ) and related assessment processes are applied across the group.
2. Identify Improvement Opportunities: Explore enhancements that could make the ICQ more dynamic, relevant, and value-adding.
3. Develop Practical Recommendations: Propose initiatives or tools that could strengthen the company’s control environment
4. Encourage Innovation and Fresh Thinking: Bring new perspectives to the Internal Audit function by exploring new ideas.

Your Contribution 

By the end of the internship or thesis, we expect you to deliver:

• A diagnostic assessment summarizing key findings from the review of the control environment and ICQ, including identified root causes, gaps and improvement areas.
• Recommendations and improvement proposals that enhance the ICQ’s ability to capture key risks, strengthen governance, and support continuous improvement.
• A conceptual framework, prototype, or tool such as a redesigned questionnaire, dashboard, or model that promotes better visibility and proactive risk management.
• A short presentation or report summarizing how academic insights and innovative ideas can contribute to strengthening the company’s internal control environment and governance framework.
   

Your Profile 

We are looking for: 

Active and motivated students from various disciplines who are eager to apply their knowledge to a real-world business challenge and contribute to both the company and society.

• Currently studying a Master’s degree in Business Administration, Accounting, Finance, Management, Industrial Engineering, IT/ Data Analytics, or related fields.
• Interested in topics such as risk management, fraud prevention, process improvement, governance, or ethical business practices.
• Analytical, structured, and proactive, with strong problem-solving skills.
• Curious to learn how large organizations manage risks, controls, and transparency across multiple entities.

What We Offer 

• A unique opportunity to conduct your thesis with our TIE internal audit team in Europe, working alongside experienced professionals who will guide and support you throughout your thesis
• Apply your academic knowledge in a real-world setting.
• Explore the internal audit profession within one of the world’s leading multinational enterprises.
• Build valuable experience and professional connections.
• Potentially open doors to future career opportunities at our company.
• Support and mentorship throughout the thesis process. 

Practical Information 

• Start date: January 2026 
• Duration: 20 weeks (full-time) 
• Location: Linköping / Mjölby, Sweden 
• Compensation: According to Toyota Industries Europe’s policy for thesis students. 

Your Application 

Send your application as soon as possible and no later than November 30th 2025. We review applications continuously, so don’t wait to apply. We’re not looking for perfect. We’re looking for curious, courageous, creative minds who want to MOVE the World with us. 

Applications should include: 

• CV 
• A short personal letter 
• Transcript of records 
   

For more information about this thesis topic, please contact  Internal Auditor Apinya Nilsson; Apinya.Nilsson@tie.toyota-industries.com

If you need help or have questions about your application please contact Recruitment Specialist Victoria Östryd Söderlind; Victoria.OstrydSoderlind@toyota-industries.eu

#LI-DNI