M.S. in Accounting and Financial Forensics

Melbourne, Florida

 

INTAKE: Jan, May & Aug

Program Overview

The M.S. in Accounting and Financial Forensics program at Florida Institute of Technology is designed to equip students with the skills and knowledge required to excel in the fields of accounting and financial investigation. The program focuses on providing a comprehensive understanding of financial reporting, auditing, taxation, and forensic accounting techniques. Students develop expertise in analyzing financial data, detecting fraud, and conducting investigations.

Curriculum:

  1. Core Accounting Courses: The program includes a series of core courses that cover essential accounting principles and practices. Students learn about financial reporting, managerial accounting, auditing, and taxation. These courses provide a solid foundation in accounting concepts and prepare students for advanced topics in forensic accounting.

  2. Forensic Accounting and Fraud Examination: The curriculum includes specialized courses that focus on forensic accounting and fraud examination. Students learn about techniques and tools used in detecting and preventing fraud, conducting investigations, and analyzing financial data. They study topics such as fraud detection methods, evidence collection, litigation support, and ethical considerations in forensic accounting.

  3. Advanced Financial Accounting: The program offers advanced courses in financial accounting that delve into complex topics such as consolidation, international accounting standards, and accounting for mergers and acquisitions. These courses provide students with the necessary knowledge to analyze and interpret financial statements in diverse business contexts.

  4. Data Analytics and Information Technology: In today's digital age, data analytics and information technology play a crucial role in accounting and financial forensics. The curriculum includes courses that focus on data analysis techniques, data visualization, and the use of technology in financial investigations. Students learn to leverage software tools and data analytics platforms to analyze large volumes of financial data efficiently.

  5. Legal and Ethical Considerations: The program emphasizes the legal and ethical aspects of forensic accounting. Students learn about laws and regulations relevant to financial fraud, the role of the forensic accountant as an expert witness, and ethical considerations in conducting investigations. They develop a strong understanding of the professional and legal responsibilities associated with forensic accounting practice.

Pollster Education

Location

Melbourne, Florida

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

USD 22738

Florida Institute of Technology (FIT) welcomes applications from international students for Postgraduate programs. 

Application Fees : US$ 60

Academic Requirements: Applicants must hold a bachelor's degree or its equivalent from an accredited institution. The minimum required percentage may vary depending on the program of study. Generally, a minimum undergraduate GPA of 3.0 on a 4.0 scale or its equivalent is preferred. However, specific programs may have higher GPA requirements.

English Language Proficiency: FIT accepts several English language tests, including:

  1. IELTS (International English Language Testing System): A minimum overall score of 6.5 is typically required, with no individual band score below 6.0.

  2. TOEFL (Test of English as a Foreign Language): A minimum score of 80 on the internet-based test (iBT) is generally required.

  3. PTE (Pearson Test of English): A minimum score of 60 is typically required.

  4. DET (Duolingo English Test): A minimum score of 110 is generally required.

Florida Institute of Technology (FIT) offers a range of scholarships to international students to support their educational pursuits. 

  1. International Student Scholarships: FIT offers merit-based scholarships specifically for international students. These scholarships are awarded based on academic excellence, leadership potential, and extracurricular involvement. The amounts and eligibility criteria may vary, so it is advisable to visit the official FIT website or contact the Office of Admissions for specific details.

  2. Presidential Scholarship: The Presidential Scholarship is one of the most prestigious scholarships at FIT. It recognizes outstanding academic achievements and provides substantial financial support to selected students. The scholarship amount is significant and renewable for up to four years, subject to maintaining a minimum GPA requirement.

  3. Panther Fund Scholarship: The Panther Fund Scholarship is another merit-based scholarship available to international students. It provides financial assistance to students who demonstrate academic potential and financial need. The scholarship amount varies based on individual circumstances and is renewable based on academic performance.

  4. Talent Scholarships: FIT offers talent-based scholarships in various areas, such as music, art, athletics, and other extracurricular activities. These scholarships recognize exceptional talent and contributions in specific fields and may require auditions, portfolios, or tryouts for consideration.

  5. External Scholarships: FIT encourages international students to explore external scholarship opportunities as well. There are numerous organizations, foundations, and government-sponsored programs that offer scholarships for international students studying in the United States. FIT's Office of Financial Aid can provide guidance and resources to help students search for and apply to external scholarships.

  6. Graduate Assistantships: FIT also provides graduate assistantship opportunities for international students pursuing graduate-level programs. Graduate assistantships offer financial support in the form of tuition waivers and stipends in exchange for research or teaching assistance. These positions are competitive and vary in availability across departments.

It is important to note that scholarship availability, eligibility criteria, and application deadlines may vary each year. 

Graduates of the M.S. in Accounting and Financial Forensics program from Florida Institute of Technology have excellent career prospects in the accounting and financial investigation fields. 

  1. Forensic Accountant: Graduates can work as forensic accountants in accounting firms, consulting companies, or government agencies. They assist in fraud detection, financial investigations, and litigation support. They analyze financial records, provide expert opinions, and present findings in legal proceedings.

  2. Financial Analyst: Graduates can pursue careers as financial analysts in corporations, financial institutions, or investment firms. They analyze financial data, assess investment opportunities, and make recommendations based on their findings. They play a crucial role in assessing the financial health of organizations and evaluating potential risks.

  3. Internal Auditor: Graduates can work as internal auditors in organizations, ensuring compliance with financial regulations and identifying potential risks or discrepancies. They conduct audits, evaluate internal controls, and recommend improvements to financial processes and systems.

  4. Fraud Examiner: Graduates can specialize in fraud examination and work as fraud examiners in various settings, including corporate compliance departments, law enforcement agencies, or consulting firms. They investigate allegations of fraud, gather evidence, and assist in prosecuting financial crimes.

  5. Risk Consultant: Graduates can pursue careers as risk consultants, assisting organizations in identifying and mitigating financial risks. They assess internal controls, design risk management strategies, and provide recommendations to enhance organizational resilience.

  6. Government Positions: Graduates may explore opportunities in government agencies such as the Federal Bureau of Investigation (FBI), Securities and Exchange Commission (SEC), or Internal Revenue Service (IRS), where they can contribute to financial investigations, regulatory compliance, and enforcement activities.

  7. Entrepreneurial Ventures: Some graduates may choose to start their own forensic accounting or consulting firms, offering specialized services in financial investigations, fraud prevention, and risk management.


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