Forensic accounting is an exciting branch of accounting that combines the mathematical essentials of keeping accounts with investigation and problem solving. Forensic accountants work with law enforcement to get to the bottom of criminal matters that have to do with finances. In this field, it’s important to do thorough work, because many forensic accountants are called to testify in court. If you’re interested in a high end career in this field, a forensic accounting MBA will help you achieve your goals.
With a forensic accounting MBA, you’ll get all the basics of business essentials with a unique twist that also provides in-depth information into the field of forensic accounting. Perhaps you’ve been working in accounting for years but want to do something more interesting. You may even be a forensic accountant, but feel that you’re ready for a higher level position within your company. In either case, a forensic accounting MBA is a great solution. This program will give you the continuing education that you need to really succeed.
As a forensic accountant, some of the fields that you may investigate include:
- Business fraud
- Breach of contract
- Insurance claims
- Tax audits
- Personal injury claims
- Professional negligence claims
- Spousal support disputes
- Computer forensics
You’ll be responsible for collecting data and carefully analyzing it. It will be your responsibility to help investigators determine whether an action was criminal or legal. In many cases, you may be required to testify to your findings in court. For this, it’s important to have a professional demeanor and the ability to speak in public. If you’re good at explaining complex accounting activities in layman’s terms, you will be perfectly suited to this part of the job.
If you’re good with numbers but feel that traditional accounting can get a bit dry, the field of forensic accounting could give your job just the infusion of interest and excitement that you crave. Problem solvers will thrill at the pursuit of each new discovery. Accountants and auditors have an average annual salary of $61,680. With an MBA in this field, you can typically expect to command a much higher salary. Similar occupations you may be interested in along with their median salaries include:
- Budget Analyst – $68,200
- Financial Analyst – $74,350
- Financial Examiner – $74,940
If you enjoy the idea of taking on this new pursuit but don’t feel that you have the time for it, you’ll be happy to know that getting your MBA is easier than you might think. Many schools offer online MBA programs. When you pursue your forensic accounting MBA online, you have access to your courses, resources, and homework on the internet. You can even connect with other students in chat rooms or forums. Most programs make it easy to interact with professors and others in your class even though you’re not meeting face to face. Online programs also offer the flexibility that you need to keep your current job while pursuing continuing education. Consider a program like the forensic accounting MBA from Southern New Hampshire University.
The Forensic Accounting concentration from Southern New Hampshire University offers you excellent flexibility with the option of starting during any semester of the year. Every school year has four 11-week sessions and you can jump in at any time. Classes are small with an average of 20 students. You’ll learn how to apply forensic accounting to civil and criminal cases as well as how to detect, investigate, and review cases of fraud and other white-collar crimes. Launch into a thrilling career field with this program.