The economic health of any organization relies on its ability to protect itself from fraud. With threats increasing, employers are looking to hire problem-solvers who are well-versed in fraud detection and prevention. This minor enhances your marketability in all industries by learning about this new and growing field of fraud.
Why Choose A Minor In Fraud?
Private and public organizations will lose money every year and employees may also lose jobs and/or benefits due to fraud. Because fraud affects the economic well-being and sustainability of our private and public sectors organizations need people versed in fraud in order to secure the economic assets from losses due to man-made or natural disasters. Organizations need people who can prevent employees or vendors or customers from stealing assets, engaging in corruption schemes, and from engaging in transactions that create conflicts of interest. Organizations also need employees skilled in recognizing corporate espionage, terrorism financing and information security breaches. This minor will be of great benefit to any majors including but not limited to: business majors, resort recreation and hospitality management majors, safety majors, sport management majors, criminology and criminal justice majors and cybersecurity computer majors.
What Will You Learn?
With a minor in Fraud, you will learn about the various components of internal controls, the types of security breaches organizations encounter, and the uniqueness of fraud in any organization. The curriculum covers the causes of crimes and the demographics of a fraudster. You will also learn about the different types of fraud, and the principles of fraud prevention, detection, and how to assess for fraud. Additionally, the importance of establishing fraud prevention strategies through internal controls, complying with regulations, and engaging in risk assessment will be presented.
You can work in any industry in the private sector or the public sector (federal, state, local government) or in non-profit and non-governmental organizations. Many opportunities exist in Western PA in the following industries:
Within the public sector, the Department of Defense, the Securities Exchange Commission, the Government Accountability Office, the US Postal Inspection Office, and major police departments with a financial crimes unit all greatly value employees who are educated in fraud. You can also work in various regulatory agencies at the federal, state and local governmental level with this fraud background. The credential, Certified Fraud Examiner (CFE), is recognized by employers worldwide and domestically and is offered by the Association of Certified Fraud Examiners.