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Degree Overview: Master of Business Administration (MBA) Degree in Fraud Management

Majors Overview May 10, 2015

Get information about Master of Business Administration (M.B.A.) degree programs in Fraud Management and their education requirements, coursework, career choices, job and wage outlook, and continuing education choices.

Master of Business Administration (M.B.A.) Programs in Fraud Management

An array of topics in fraud examination, internal auditing, and forensic accounting are included in the coursework of an M.B.A. program with a fraud management concentration. Students learn about financial analysis, bankruptcy, and risk assessment.

Students enrolled in graduate degree programs in business administration are usually required to complete an original research-based dissertation on the watch of an assigned faculty member. Students can complete most programs within two years; part-time attendance is often preferred owing to work obligations. Some schools offer the program in an online format.

Education Requirements

Admission criteria typically require incoming students to hold a bachelor’s degree from an accredited school. Applicants to most M.B.A. programs are expected to have significant work experience before they are allowed to apply, in addition to submitting scores from the General Management Admission Test (GMAT).

Coursework

The curriculum in an M.B.A. program in fraud management includes topics in business strategies, corporate finance, and fraud investigation. Core coursework may typically include topic areas such as:

•Fraud examination
•Financial statement fraud
•Identity theft
•Computer fraud
•Financial fraud management

Career Choices

Armed with a master’s degree in business administration, students can pursue careers in investigations, financial regulations, and criminal justice. They may choose from popular career choices such as:

•Loss prevention specialist
•Bank examiner
•Fraud investigator
•Audit specialist
•Compliance officer

Job and Wage Outlook

Over the 2012 – 2022 decade, a slower-than-average job growth of 6% has been predicted for financial examiners. Over the same time span, compliance officers are expected to see a slower-than-average growth of 5% (U.S. Bureau of Labor Statistics). In May 2014, financial examiners brought in an average annual wage of $86,460, while compliance officers banked $68,000 per annum on average (BLS).

During the same decade, private detectives and investigators, including financial investigators and loss prevention agents, are expected to witness an average growth rate of 11%. In May 2014, these professionals brought home an average annual wage of $52,880.

Continuing Education Choices

Graduates from a master’s degree program in business administration may seek continuing education by enrolling in a doctoral program. Armed with a Juris Doctor (J.D.) degree, they can seek employment as an investigator, federal regulator, or prosecutor. With a doctorate in business administration focusing on fraud management, they can seek careers in academia or research.

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