MS Forensic Accounting

Program Overview

The Master of Science in Forensic Accounting (MSFA) program equips graduates with the skills to investigate white-collar crimes, analyze financial records, and locate hidden assets. The curriculum emphasizes both public accounting practice and advanced forensic accounting topics, preparing students for prestigious certifications in the field. The program utilizes interactive and blended learning, with experienced faculty bringing real-world experience to the classroom. Graduates pursue careers as forensic accountants, fraud examiners, and other roles in accounting, finance, and investigation.

Program Outline

Degree Overview:

Master of Science in Forensic Accounting (MSFA)

• Overview:
This program equips graduates with the skills to investigate white-collar crimes such as money laundering, insurance fraud, and embezzlement. Students learn to analyze financial records, trace funds, locate hidden assets, and interview suspects. The curriculum emphasizes both public accounting practice and advanced topics relevant to forensic accounting, preparing graduates for prestigious certifications in the field.
• Objectives:
• Interpret and apply techniques used to manipulate financial statements.
• Understand legal and regulatory aspects of detecting fraud.
• Appreciate ethical considerations in financial reporting.
• Analyze complex reporting environments for potential fraud.
• Communicate forensic accounting issues effectively.

Outline:

Program of Study:

• 30-credit program
• Completion time: 2 semesters (full-time)

Curriculum:

• Required Courses:
• Statistical Methods for Forensic Accounting
• Fraud Examination
• Financial Statement Fraud and Corporate Governance
• Digital Forensics
• Financial Statement Analysis
• Advanced Cost Management
• Auditing of Advanced Accounting Systems
• Research Seminar in Accounting
• One accounting elective
• One business elective

Assessment:

The program utilizes several assessment methods

• Exams: Assess student understanding of core concepts and application.
• Projects and Assignments: Evaluate research and analytical skills, problem-solving, and written and oral communication.
• Case Studies: Analyze real-world scenarios and apply theoretical knowledge to solve complex challenges.

Teaching:

Approach:

• Interactive and blended learning: Combines lectures, discussions, group activities, and case studies.
• Strong faculty: Experienced professors with expertise in accounting, finance, and forensic investigation bring real-world experience to the classroom.
• Access to research: Opportunity to participate in faculty research or independent research projects.

Careers:

Career Paths:

• Forensic Accountant
• Forensic Auditor
• Certified Fraud Examiner
• Investigative Auditor
• Director of Loss Prevention
• Fraud Investigator
• Bankruptcy Analyst
• Compliance Officer

Potential Employers:

• Big Four accounting firms
• Mid-size accounting firms
• Corporations
• Government agencies
• Sample opportunities highlighted:
• Ally Kiefer ( '17 ): Staff Accountant with enhanced fraud detection and prevention expertise acquired through MSFA.

Other:

• The MSFA program is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and meets education requirements for CPA licensure in New York.
• The program is open to international students with a March 1 application deadline.