You can enjoy the flexibility of pursuing the bachelor degree as a distance learning course. There are a number of disciplines within fraud investigation that you can specialize in, including economic crime investigation, accounting crime investigation etc. The steadily rising number and type of economic and accounting crimes being committed around the world, highlights the need for more rigid regulation and investigation. Some examples of modern day crime include:
Financial institution fraud including credit/debit card fraud, loan fraud etc
What to expect from a BA in Fraud Investigation degree?
An online BA in fraud or crime investigation is intended to teach you the skills necessary for gathering, evaluating and preserving evidence relating to financial/economic/accounting frauds and drawing careful conclusions. Typically, students become competent in both; Fraud protection/detection and fraud investigation.
In order to give you a better idea of the curriculum, we’ve listed down some of the courses:
Financial Accounting: This course is intended to make you proficient in the analysis of financial statements and the impact of transactions on the company’s financial standing.
Forensic Accounting and Fraud Auditing: Among many things, this course will teach you to deal with accounting abnormalities, evaluate internal controls, keep a check on funds and preserve and prepare evidence.
Criminal Law: This course will provide a detailed analysis of various elements of crime, explanation of criminal law and the criminal state of mind.
Investigative Interviewing: Beside a theoretical component, this course also includes practical exercises which are designed to prepare you for criminal justice practice and public service
Criminal Justice: You will learn details about how a person is suspected, accused and convicted if he violates law in any way.
Other include: Corporate Finance and Financial markets, Authentication and Audits and Security Foundations
The name and description of courses usually varies depending on the institute you are studying in.
Skills and Program Outcomes:
Problem Solving Competence
Careers and Employment Outlook:
Considering the growing sophistication and complexity of frauds, and the heavy costs and losses they can cause, government and companies are on the lookout for well qualified people who can effectively prevent, detect and investigate any type of crime or fraud. Examples of some positions that might be offered to you include:
Securities Fraud Analyst
Internal Fraud Auditor
Tax Crime Investigator
Credit/Debit Card Fraud Investigator
Anti Money Laundering Analyst
According to the Bureau of Labor Statistics, in 2012, the median hourly and yearly wage for a fraud examiner, investigator and analyst stood at $29.40 and $61,160 respectively. Employment is forecasted to go up from 3% to 9% during 2010-2020, with 44,900 new job openings. In 2010, the top industries where fraud professionals were employed included; finance, insurance and government.
Questions / Answers
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Q:Can you name a few subjects covered in a Bachelor in Fraud Investigation?
A:A bachelor in fraud investigation will cover a wide of subjects such as the following: quantitative decision making, information security assurance, criminal investigations, forensic accounting, corporate governance and internal controls, computer forensics, fraud examinations, cybercrime, and legal elements of fraud and litigation. The curriculum may vary slightly from institute to institute.
Q:How long does it take to complete Fraud Investigation Bachelor Programs?
A:The typical duration of bachelor programs in the field of fraud investigations is four years. However, not necessarily are all institutes offering a four year duration. The duration may vary from school to school and will also depend upon which academic track you opt for. For example, an accelerated bachelor degree can be completed in less than four years.
Q:I really need help in deciding on a good college for bachelors in Fraud Investigation.
A:There are many good colleges for bachelor's degree in fraud investigation. Good colleges are usually accredited. Accreditation status is of value to potential employers because it shows that the college has met certain quality standards in delivering education to students. Apart from campus based programs, these days a number online colleges offer bachelors degree in fraud investigation as well.
Q:What online university I attend to get my bachelors degree in Fraud Investigation?
A:There are a number of universities offering bachelor degrees in fraud investigation. You can search online to see what institute fits your need. It is important to remember to check the accreditation status of the school and the institute before enrollment. Other points you must keep in mind are: ranking of the school, faculty, student reviews, and facilities.
Q:What jobs can you get with a bachelors degree in fraud investigation
A:With a bachelor degree in fraud investigation, you can work as a fraud investigator in private and federal law enforcement agencies. The program will equip you with investigative skills, surveillance skills, communication skills, and problem-solving skills. You will be required to investigate various fraud cases on the job. Browse through our page for more information.
Q:I am getting close to finishing BS in Fraud Investigation, should I get a second bachelors degree?
A:It is recommended that you opt for a masters degree after completing your bachelor level education. The career prospects with a graduate level qualification are more bright and well-paying. You can pursue the same field in a masters program or a relevant field, depending upon what kind of career you wish to pursue ahead.
Q:I am looking to start a career investigating welfare and disability fraud. Anything out there?
A:Disability fraud cases are on the rise due to many reasons. A number of people with disability are denied compensation and benefits. You can also work in this sector and investigate cases by getting a degree in fraud investigations. The career opportunities are diverse as well as challenging. Browse through our page for more detail.
Q:How much can you make as a Bachelor Fraud Investigator?
A:If you search online, you can seek information about many schools offering degree programs in forensic science. This field of science has gained immense popularity over the recent decade and is attracting many individuals. Forensic science bachelor degree programs are designed to prepare students for roles as forensic science technicians.