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Masters in Fraud Management

What is Fraud Investigation?
The term ‘fraud investigation’ refers to investigating deceptive activities aimed at reaping financial benefit from an unknowing person, such as suspicious merchant or cardholder activity, internet scams, phishing, telemarketing fraud, identity theft and various other consumer frauds. Fraud schemes have affected everyone from multi-billion dollar conglomerates to individual citizens, and resulted in the loss of billions of dollars, stolen identities and countless ruined lives. Fraud Investigation professionals are charged with finding evidence related to suspicious activities and tracking down the people responsible for scams using techniques such as surveillance, background checks and other methods.

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What is the Master of Fraud Investigation?
The Master of Fraud Investigation is a two-year long graduate degree that is designed to give students the skills required to lead real world investigations, and use technology in order to track down criminals, and prevent future frauds. In order to enroll in this degree, you must have a bachelor’s level education in an area such as criminal justice or information technology. The program includes subjects such as investigative techniques, fraud detection, security auditing, fraud prevention, forensic accounting, criminal law, surveillance and tracing techniques and investigation management.

What are the future prospects?
The increase in the use of computer networks and the internet for activities such as shopping, banking and trading has led to an increase in the number of potential victims for scammers. In order to prevent scammers from parting millions of people from their hard earned money, the demand for fraud investigation professionals is increasing across the country. The Master of Fraud Investigation is a great way to take advantage of this growth and obtain a career at federal or state law enforcement agencies, IT companies or numerous other businesses.

How Much Time Will It Take to Get a Masters in Fraud Management?

In the wake of corporate scandals, there is an increased demand for professionals, such as CPAs, accountants, and MBAs, with fraud examination skills that can help firms prevent and detect fraud. A couple of schools in the US, such as the Utica College, are offering a Master of Business Administration (MBA) in Fraud Management. The program can be completed within a year, however the time of degree completion depends upon the individual’s study format, as this is an online program.

What Are the Requirements to Complete a Masters in Fraud Management?

In order to obtain a Master of Business Administration (MBA), students are expected to complete a total of around 30 credits. They have to study modules like Advanced Financial Management, Managerial Economics, Financial Reporting & Analysis, Strategic Management & Leadership, Management for Fraud Prevention and Detection, Advanced Fraud Investigation & Analysis and Quantitative Analysis for Management. The curriculum offers a broader business perspective as compared to other finance degrees and certifications that solely focus on accounting skills.

How Much Can I Earn with a Masters in Fraud Management?

After completing a Masters in Fraud Management, graduates can pursue their careers as Financial Examiners, Compliance Officers, Auditors, and Fraud Examiners. Financial Examiners made $80,180 in May 2018 in annual median pay. It is predicted that there will be a 7% increase in job opportunities for Financial Examiners from 2018 to 2028. This data has been taken from the US Bureau of Labor Statistics.

Frequently Asked Question(s)

Q:Is there a computer fraud investigation degree with focus on accounts investigation?

A:The Forensic Accounting & Fraud Investigation (FAFI) certification is the most relevant Computer Fraud Investigation degree with primary focus on accounts investigation. The prerequisite to this qualification is a certificate in Public Accounting or Law.

Q:How long are the Investigator Masters programs?

A:The Investigator Masters programs are for around 1 to 3 years. The duration of the programs depends on the institution and the course structure of the programs.

Q:Can I get a scholarship for the Investigation in Fraud graduate Masters programs?

A:You may be eligible for the scholarship of Fraud Investigation Masters programs. Most of the renowned universities listed on our website offer scholarship and grants. It is always advised that you apply well before the deadline.

Q:What is the hybrid Masters in Investigation degree program?

A:The hybrid Masters in Investigation degree program is designed to offer the students online as well as campus based education. This helps them to study from home and office as well as traditionally at a class.

Q:Is the course outline for the Online Master Fraud Investigation the same as that of the on-campus program?

A:The Online Master's of Fraud Investigation course outline is the same as that of the on-campus program. However, there may be slight variations to make the course more compatible for the online variant.

Q:What type of jobs can be secured after completing masters in Financial Fraud Investigations?

A:A master's degree in this field can refine your knowledge and skills effectively and can prepare you to work in a wide variety of settings. The best career prospects for a Financial Fraud Investigation graduates are present in IT companies, banks and law enforcement agencies.

Q:What is taught in the Corrections course at the schools in Miami with Fraud Investigation masters degree?

A:The schools in Miami with Fraud Investigation Masters Degree program always have the Corrections course in the latter half of the degree program. The main idea of the course is to provide the more broad, robust approach in understanding the various elements of the American correctional system. There is dedicated focus on issues such as incarceration of juveniles and women, alternative sanctions and also the effects of these upon release.

Q:Is there any Masters in Fraud Investigation degree?

A:Yes, Master's level degree in Fraud Investigation exists. It falls under the category of criminal justice degrees. This degree can be pursued online as well as on-campus traditional schooling system.

Q:How long is the online Masters degree in Fraud Investigation?

A:Traditionally, the Master's in Fraud Investigation takes about 2 years or slightly more for completion. However, as far as the online Master's in Fraud Investigation is concerned, it can take as long as you want. The online degree programs have to time specifications regarding the degree duration, the class timing or the class schedule. All these factors depend on the student's choice.

Q:Where can I learn the best fraud investigation techniques?

A:The best fraud investigation techniques can be learned via the master level degrees offered in this discipline. These allow students to get hands on not only theoretical knowledge but also help them develop a thorough understanding of the practical field by interacting with practicing professionals. Students also learn about effective fraud investigation techniques by completing a research paper under the guidance of qualified instructors.

Q:What skills do students develop in online Masters program in Fraud Management?

A:Masters degree in Fraud Management or a MBA in Fraud Management is a two year graduate level degree. The degree program focuses on equipping students with knowledge regarding fraud in business areas and managing fraud. Students enrolled in this course develop skills such as problem solving skills, communication skills, analysis skills, observation skills, and business writing skills. These skills are necessary to become successful professionals.

Q:What is the duration of the Master's Degree in Fraud program?

A:The Master's in Fraud Investigation is a two year degree program if it's pursued in the regular campus based institute. The degree duration can differ with the type of graduate degree chosen. If the Master's in Fraud Investigation is chosen to be pursued in the accelerated program, the degree will take about 18 months to be completed. The executive master's degree in fraud investigation is a 3 years and above program.

Q:What will I learn in a Master's Fraud Investigation course?

A:A Master's degree in Fraud Investigation is a 1-2 year graduate degree that trains you in the detection and apprehension of frauds and scams. You will learn about the many types of financial and online scams and frauds and will be given the tools to be able to stop these frauds as well as apprehend the criminals responsible for such activities.

Q:What do investigations masters consist of?

A:Since master's degrees are higher education degrees, the training level is in-depth. An investigations master's degree will give you in-depth knowledge of the field. You will not only learn about the history of frauds and methods by which they are carried out, you will also learn how to trace frauds and apprehend the criminals responsible for them.

Q:Which courses are incorporated in the Master in Fraud Investigation degree programs?

A:The Master in Fraud Investigation comprise of a rigorous curriculum that focuses on a variety of subjects including loss prevention, investigation techniques, research methods, fraud analysis, leadership, and loss prevention. The coursework may vary from school to school.

Q:Will a masters in fraud help me work as a private investigator?

A:A masters in fraud investigation degree can prepare for a large number of career opportunities in various fields of investigation. While you can work with government agencies and other sectors of the criminal justice sector, you can also work with corporations that require internal investigators. The skills learned in a master's in fraud investigation is more than enough to make you a successful private investigator.

Q:What is taught in the Master degree in Fraud Investigation?

A:The Master's degree in Fraud Investigation includes a set of core courses and a set of electives. These include courses like fraud and criminal investigation, drug trafficking, terrorism financing, organized crime, money laundering, international issues, fraud data analysis, criminology and legal issues, advanced fraud investigation, intermediate accounting, and many more.

Q:What are the contents of the Surveillance & Undercover Investigations course in the Masters degree in Fraud Investigations program?

A:The Surveillance & Undercover Investigations course in Masters Degree in Fraud Investigations trains individuals to prepare for surveillance work. It also teaches students on all the mandatory precautionary measures they have to take when going undercover. Some of the related contents and lessons in this course include tactical strategies, moving as well as stationary surveillance, avoidance of common mistakes and all the legal codes of ethics.

Q:Why should I take the Fraud Investigation courses online?

A:Fraud Investigation courses online allow students to take up full daytime employment opportunities alongside studying. Students schedule their own classes and complete as much course as they desire at a time the see fit. Online fraud investigation courses allow students to save quite a bit since online programs are considered cheaper. They also save students the commuting time and money.

Q:Why should I take the online Master Fraud Investigation degree?

A:The online Master in Fraud Investigation offers a number of benefits over the campus based program. It is self-paced and offers students the opportunity of scheduling their own classes and completing as much work as they see fit. They do not have to rush through the course to meet the pace of the class fellows. Students can take work opportunities alongside working. They can take their class from anywhere in the world with just a single internet connection. Online programs are considered cheaper in comparison to the campus based programs. At the same time, online programs save students the cost and time of traveling as well.

Q:What is taught in the Masters in Fraud Investigations' course named Fraud Risk Management?

A:Master in Fraud Investigation introduces the individual with a variety of different courses compiled to make you a skillful professional in the field. In Fraud Risk Management course the individual is taught the risk factors involved in the business. It develops the individuals skills to detect and prevent the possible fraud risks.

Q:As I read on the Masters programs in Fraud Investigations, it contained a course on Business Law. What is taught in this course?

A:The Masters Programs in Fraud Investigations always has a 5 credits worth course on Business Law. This course tries to instigate the examination of the legal system of the United States and also the legal environment of business in today's world. Students get to understand the various terms such as torts, negotiable instruments, dissolving a business, etc.

Q:Which is the best fraud investigations degree nowadays?

A:There are quite a few fraud investigations degrees offered by a number of online institutes listed on our website. Students can choose amongst the certificate, associate, bachelor, master and doctoral programs. However, the most sought after fraud investigations degree these days is the master's program. The Master in Fraud Investigation is a professional degree qualifying students to secure management level jobs.

Q:What courses are taught in fraud graduate programs masters?

A:I guess by fraud graduate programs masters, you meant Master in Fraud Investigation. There are a number of courses included in the curriculum for graduation in Fraud Investigation. Some of the courses you will be taught are information security, fraud management, investigation management, forensic accounting, high tech crime and fraud analysis.

Q:While going through Master of Laws Fraud and Forensics program, I came across Forensic Accounting and Data Analysis course .Can you brief me on it?

A:Among a number of courses you will get to study in Master of Laws Fraud and Forensics program, one of the most essentials is Forensic Accounting and Data Analysis. In this program the students are taught the techniques for data analysis as well as investigation of accounts.The students are also familiarized with the rules of documentary evidence.

Q:What is the job description for a professional with master’s degrees in fraud investigations?

A:Initially professionals with master's degrees in fraud investigations are assigned cases to investigate. Professionals are required to thoroughly research every aspect of the case and interview claimants extensively. This profession also requires designing methods and checks in order to conduct a comprehensive investigation. Professionals with this qualification manage a team of fraud investigators and follow up on more current and crucial investigations.

Q:What type of courses are offered for the master programs in Fraud Management?

A:The Master in Fraud Investigation is a sought after degree program offering students a set or core courses and a set of electives. Since it's a professional level degree, the content of the courses are such that they encourage interactive sessions, activity based learning, practical application, case studies, and presentations. Core courses mostly include basic introductory programs such as Intro to Computers, Intro to Management, and Intro to Technology whereas elective courses may comprise of criminal investigation, IT fraud, fraud prevention, auditing, fraud detection, and surveillance and tracing techniques.

Q:While looking for Masters in Fraud Management, I came across franchise fraud. Please explain what is that?

A:A Master in Fraud Management search would mention franchise fraud. Franchise fraud is also referred to as pyramid fraud. In this deception the profits are generated not by the sale of the product but by the sale of new distributorships. When the potential investors are exhausted the scheme collapses. It is also referred to as a pyramid scheme.

Q:What topics is included in the course homeland security when completing master in criminal justice fraud?

A:Students completing Master in Criminal Justice fraud are required to complete a course in Homeland Security. This course is worth 3 credits and deals with the responsibilities and functions of federal agencies. This course also discusses response systems and trains students on policy analysis and formulation. The issues discussed in the course range from local matters to national security.

Q:Say I get the best masters degree for investigating fraud, what are my career options then?

A:If you complete a master's degree in fraud investigation from one of the best schools, you will have a large number of career paths at your disposal. You can start working in a multinational organization as a fraud investigator, looking at internal fraud and catching any culprits from within your company. You can also work for federal trade and business organizations, catching fraudulent companies and businessmen with the skills and knowledge you will receive through your education.

Q:I am a B.COM,CPA and C.F.E. I want to do masters in Forensic Accounting and Fraud Investigation. I dont know which schools offer that. Can you help me?

A:Indeed. Our website lists some of the best online schools offering graduate programs in forensic accounting and fraud investigation. However, the institutes will require the applicant to have completed a bachelor's degree in a related field of education and must have some level of experience to get admission to the graduate program.

Q:While looking for Masters degree programs on Fraud Investigations, I came across High Tech Crime course. Can you brief me about it?

A:Master's degree programs on Fraud Investigations offer a comprehensive course work covering a number of topics. One of the courses taught in this program is High Tech Crime. This relatively new course introduces the students to the general topic of crime. They are taught to find out reasons for crimes, and make strategies to avoid crimes.

Q:What is the premise of the course Financial Investigations when completing online Master in Investigations?

A:Financial Investigations is an essential part of the degree in online Master in Investigations. This course is worth 3 credit hours and deals with financial crime with respect to the business environment. This course also guides students in methods of investigation, analysis of financial documents, techniques and preparing an investigative report. There are a number of institutions offering this course on our website, prospective students are advised to take a look.

Q:What are the contents of the course on Introduction to Paralegalism in the Masters Degree in Investigation?

A:The Masters degree in Investigation has dedicated course on Introduction to Paralegalism. This course is usually of around 3 credits in total. It is structured to provide students with ample understanding of the paralegal field and the concepts of legal analysis. Students are also taught how to explore the activities of criminal and procedural laws.

Q:As I went through the list of universities offering Masters in Fraud Investigation, there was mention of the course on Business Law. What are the contents of this course?

A:It is common to get to read about the course on Business Law while going through the list of universities offering Masters in Fraud Investigation. This course is usually of around 3 credits in total and is structured to provide students with ample understanding of the basic concepts of business law in the United States. Hands on experience is also provided to the students.

Q:What is the criterion of admission in US universities offering fraud investigation programmes?

A:The criteria of admission in US universities offering fraud investigation programs can vary from institution to institution and also depends on the level of the course being pursued. To be in this profession, a graduate degree is a minimum requirement. For admission in a master's program, you need to have a bachelor's degree in criminal studies or relevant subject.

Q:Tell me about best master for fraud investigation?

A:A master's program in fraud investigation takes a period of two years to complete. To find the best program you must search thoroughly and opt for one that is from a reliable institution. Check the subjects and compare them to see if it trains you in the latest investigative methods.

Q:What is a master in fraud investigation degree?

A:A masters degree in fraud investigation is a graduate level program. It is designed to equip students with investigative skills and knowledge about fraud crimes. Students must compete all the program components to successful earn the degree. Take a look at our page for more information about master in fraud investigation degrees.

Q:Are advanced topics covered in fraud investigation master programs?

A:A masters degree in fraud investigation will provide students with in-depth knowledge of the field. The curriculum will entail a number of subjects that are advanced in nature. Some of the topics covered in the program are: fraud investigation techniques, fraud data analysis, criminology, terrorism, organized crime, international crime issues, tactical strategies, and more.

Q:What are the entry requirements for the masters in fraud investigation?

A:Admission requirements for a master's in fraud investigation will vary from school to school. Most universities will require an application form, resume, statement of purpose and transcripts of prior education. These requirements are standardized for online and on-campus degrees. To pursue a master's in fraud investigation the student must hold a bachelor's degree from an institute recognized by regional accreditation agencies.

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