The escalating complexity of institutional governance, digital transformation, and accountability demands requires educational organizations to transition from conventional compliance-based administration to proactive risk management. Although internal auditing and risk governance are extensively examined in corporate domains, empirical synthesis elucidating their synergy within educational institutions remains fragmented and structurally ambiguous. This study aims to systematically synthesize the functional, procedural, and strategic synergy between education management and internal audit in mitigating multi-dimensional organizational risks. Following the PRISMA 2020 protocol, a systematic search across Scopus, Web of Science, ERIC, and SINTA databases identified 42 peer-reviewed empirical and conceptual articles published between 2014 and 2024. Methodological quality was evaluated using the Critical Appraisal Skills Programme (CASP) and Mixed Methods Appraisal Tool (MMAT), followed by qualitative thematic synthesis. The findings demonstrate that modern education management is shifting toward Risk-Based Education Governance (RBEG), where academic, operational, and reputational uncertainties are managed proactively. Internal audit has evolved from an ex-post inspection unit into a strategic partner and Governance, Risk, and Compliance (GRC) advisor via Risk-Based Internal Auditing (RBIA). A four-pillar conceptual synergy framework—comprising Integrated Risk Assessment, Continuous Assurance, Cross-Functional Strategic Alignment, and Governance Feedback Loops—is formulated as the synthesis output. Finally, this review delineates critical constraints regarding the direct transferability of corporate risk frameworks to non-profit academic settings, highlighting the necessity of safeguarding academic freedom, institutional culture, and pedagogical autonomy.