B.S. in Fraud and Financial Crime Investigation: Fraud Prevention and Detection Concentration

Program Overview

Stand firm against a wave of financial crime.

As economic crime and criminals get more sophisticated, fraud investigators need the most up-to-date tools and knowledge to root out perpetrators and identify the vulnerabilities they'll strike next.

As economic crime and criminals get more sophisticated, fraud investigators need the most up-to-date tools and knowledge to root out perpetrators and identify the vulnerabilities they'll strike next.

Utica University Online tuition freeze badge

 
Pay 2020 Rates in 2021*. Tuition Rates will remain steady for the 2020-21 academic year.
*Tuition freeze is subject to change on June 1, 2021
 

Prevent and Detect Fraud

According to Kroll's 2017–2018 Global Fraud & Risk Report, incidents of fraud continued to climb in 2017.1 Plus, 84 percent of surveyed executives reported that their company had suffered at least one instance of fraud in the past year, up from 82 percent in 2016.1 Crimes reported included information theft, loss, or attack; theft of physical assets or stock; internal financial fraud; and corruption and bribery.1

Among respondents who reported fraud, 81 percent cited insiders as the perpetrators.1 Companies nationwide and across the world need specially trained professionals to work from within to uncover insider fraud and other economic crimes, including corruption and money laundering, regulatory breaches, misappropriation of funds, and theft of intellectual property.

Utica College's online Bachelor of Science in Fraud and Financial Crime Investigation gives you the specialized skills in Fraud Prevention and Detection you need to counter this wave of financial crime.

 
Request More Information

We'd love to get to know you and hear more about your educational and professional goals. If you'd like to learn more about one of our programs, fill out this form and we'll be in touch:

          Yes, I do want to communicate with Utica College via SMS. I am providing my consent by leaving the opt-in checked. Message and data rates may apply. Privacy and Terms.
          CAPTCHA
          This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

          Career Outlook

          "Having a bachelor's degree [in fraud and financial crime investigation] has opened doors that would not have otherwise opened and has made me more competitive in the career field when it comes to promotions and other job openings." – Bruce Justice, graduate

          An Association of Certified Fraud Examiners (ACFE) report estimates organizations worldwide lose 5 percent of their revenue to fraud annually, translating to losses of $3.5 trillion.2 Utica College's concentration in fraud prevention and detection gets you on the path to helping companies reverse a trend that's costing them trillions of dollars a year.

          Career Spotlight: Risk Analyst

          $97,740 average annual salary

          As a risk analyst, you'd likely work for a bank or other financial firm monitoring transactions for risky behavior and looking for suspicious activity in company records. You'd also pore through evidence, statements, and testimony to identify and analyze past fraud to prevent further incidents.

          Generally, risk analysts examine all the risk involved in opening a business. However, as a graduate of this program, you'd offer specialized knowledge in preventing and detecting fraud and financial crime.3

          Career Spotlight: Claims Investigator

          $75,975 average annual salary

          As a claims investigator (also known as a claims adjuster or examiner), you'd play an extremely important role in your business, ensuring that people's requests for financial compensation and other benefits are not fraudulent. You'd ensure that only legitimate claims receive payment and financially protect your employer. With enough experience, you could become a supervising claims investigator with a team working under you.4

          More potential job titles for those skilled in preventing and detecting fraud:

          • Fraud Detection Specialist
          • SIU (Special Investigations Unit) Consultant
          • Counter Fraud Consultant
          • Compliance Specialist
          • Fraud Solutions Manager
          • Compliance Audit Manager

          JOBS AND INCOME

          Curriculum: Skills to Stop Deception

          The Fraud Prevention and Detection concentration of the online bachelor's in Fraud and Financial Crime Investigation prepares you to spot potential deception and help organizations protect themselves from internal economic crimes.

          You'll learn to identify suspicious behavior and patterns, collect and analyze evidence, interrogate suspects, compile and preserve evidence, and build your understanding of government regulations and laws on economic and financial crimes.

          Course Spotlight: CRJ 347 – Fraud Prevention and Detection Technologies

          Explore the tools you'll use to investigate financial crimes, including those used for fraud examination and detection, data mining, like analysis, statistical analysis, pattern recognition, and more.

          EXPLORE COURSES

          Course Spotlight: CRJ 365 – Advanced Issues in Economic Crimes

          Examine theories and methodologies for preventing, detecting and investigating institutional economic crime. You'll focus on crimes in regulated programs, including environmental crime and public assistance fraud, as well as timely economic crime issues such as identity theft, synthetic identity fraud, and retail theft.

          More Options for Your Degree

          Frequently Asked Questions

          Advancing your life and career with an online degree comes with lots of questions, and we want to ensure your search for answers is effortless. If you have a question we haven't covered, call (866) 295-3106 to speak with a program manager.

          The program is designed to take 6 credits per semester, meaning you can complete the degree in about three years.

          You have the ability to take more classes per semester with approval from the program director, then work with your success coach to see what is best with your work and life schedule.

          This means that you enter Utica College as a transfer student with either an associate's degree from a regionally accredited institution, or with a minimum of 57 credits from a four-year college or university. You will need to complete the remaining course credits to achieve the minimum 120 total credits in order to earn your degree.

          Utica College's B.S. in Fraud and Financial Crime Investigation is one of very few in the country to offer a curriculum tailored to help you combat economic crime.

          Become familiar with the laws and regulations related to fraud while you learn to apply the accounting and investigative methods used to bring those responsible to justice.

          Select either the Financial Investigation or the Fraud Prevention and Detection concentration and become a specialist in the path of your choice.

          With data breaches at an all-time high and internal fraud an all-too-common occurrence in every sector from banking to healthcare, you'll graduate with many options.

          The Bureau of Labor Statistics reports that opportunities for the general category of financial examiners will grow by 10% between 2016 and 2026, and shows a current median income of $81,690, with the top 10 percent earning more than $153,850.

          See our B.S. in Fraud and Financial Crime Investigation Career Outlook page for detailed information about the career paths, jobs, and salaries that may be available to you after graduation

          No. As a Bachelor-completer program, our B.S. in Fraud and Financial Crime Investigation requires only an associate's degree from a regionally accredited institution, or a minimum of 57 credits from a four-year college or university in any field of study.

          See our full list of admissions requirements for the B.S. in Fraud and Financial Crime Investigation program.

          The Bachelor of Science in Fraud and Financial Crime Investigation program is a 60- to 63-credit-hour program depending on the path you take. At a cost of $450 per credit hour, the total estimated tuition cost for the program is between $27,000 and $28,350.

          For a detailed list of all related expenses and fees, see the B.S. in Fraud and Financial Crime Investigation Tuitions and Fees page.

          SOURCES:

          1Kroll Global Fraud & Risk Report – Forging New Paths in Times of Uncertainty (10th Annual ed., pp. 4-20, Rep.). (2017/2018). New York City, NY: Kroll. PDF downloaded from https://www.kroll.com/en-us/global-fraud-and-risk-report-2018
          2Association of Certified Fraud Examiners. (2018). ACFE Report Estimates Organizations Worldwide Lose 5 Percent of Revenues to Fraud [Press release]. Retrieved November 29, 2018, from https://www.acfe.com/press-release.aspx?id=4294973129
          3Average Risk Analyst Salary. (2018). Retrieved November 29, 2018, from https://www.payscale.com/research/US/Job=Risk_Analyst/Salary
          4Average Claims Adjuster/Examiner/Investigatory Salary. (2018). Retrieved November 29, 2018, from https://www.payscale.com/research/US/Job=Claims_Adjuster_%2F_Examiner_%2F_Investigator/Salary