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Fraud and Risk Management (Forensic Accounting)

MSc/PgDip/PgCert

School - Salford Business School

Subject area - International Finance, Accounting and Economics

Start Date(s): September; January; March; June; November; July

Duration:

MSc (one year full-time or two years part-time)

PgDip (eight months full-time or two years part-time)

PgCert (four months full-time or one year part-time)

Fees:

Part-time - £1,417 per 30 credit module

UK - £8,500

International - £13,500

In Brief:

  • We offer several entry points throughout the year
  • Taught by subject area experts
  • This new programme aims to fill a gap where professional fraud is examined from different viewpoints
  • Part-time study option
  • Work/industrial placement opportunity
  • International students can apply

Course Summary

In recent years the nature of fraud has changed and the impact of information technology means that there are now opportunities to commit fraud that did not exist in the past.

This exciting new programme aims to fill a gap where professional financial fraud is examined from different viewpoints including financial fraud, accounting fraud and banking fraud. It will provide students with an understanding of what motivates fraud and how to detect it.

You will not only obtain theoretical skills, you will also obtain practical skills and an awareness of the limitations of the theory that you are being taught.

Course Details

The programme is block delivered and there are several entry points throughout the year. You will take the modules below in a sequence dependent on your start date.

The course is delivered in four 30 credit blocks of intensive study periods. For each block, you will study a single module for a 6-week period. Face-to-face teaching is delivered on campus for 6 hours each week. In addition, you will attend the taught element of the Industry Collaboration Project one afternoon a week during the 6-week blocks.

During this year, you will also undertake independent study in your own time with online support through the University’s virtual learning environment, Blackboard.

You will complete your master’s degree with the 60 credit Industry Collaboration Project. You will be able to choose to investigate a business issue either via a dissertation or a paid six month placement.

Semester 1      

Through Mobile Banking and Financial Innovation you will examine financial and costing models for digital banking. Through this module you will also conduct stakeholder audits, identify key business trajectories and develop marketing strategies and cash movement plans.
International Corporate Law and Governance provides you with an advanced knowledge and understanding of the fundamental legal concepts that characterise international corporate identity and activity. You will also develop a critical perspective of the theoretical framework underpinning corporate governance        theories        and strategies.

Semester 2      

This module equips you with the tools of analysis to understand the basic mechanics of banks’ financial instruments and their roles in promoting efficiency in the financial markets. You will apply critical frameworks to evaluate the globalisation of financial markets and the continuing liberalisation        of        economies around the world.
In Fraud Rick Management you will evaluate contemporary research in the nature of fraud with a particular focus on Financial Statement Fraud. This module will prepare you for further research into fraud and for the application of relevant theories.

Semester 3      

Industry Collaboration Project (ICP)

This module accounts for the final 60 credits of your degree and gives you the opportunity to examine an issue that is important to an organisation. The Industry Collaboration Project offers four different options: a Work Placement, a three month Internship, the applied Dissertation and, from September 2019, the Entrepreneurship path. You will be allocated a supervisor to mentor you through your chosen project and receive support wherever necessary from the Salford Business School Employability Team. For all options students are encouraged to address a real organisational issue, and to disseminate their work to a wider audience, meaning that you can create real impact through your Industry Collaboration Project.

The Work Placement gives you the chance to undertake a six month project with an organisation located regionally, nationally or internationally. By exploring a key issue impacting an organisation, you will apply the theoretical knowledge gained through your studies and develop and use appropriate problem-solving skills in a real-world environment. Your work placement will be assessed primarily through the production of a project proposal and an 8,500 – 10,000 word portfolio.
The Internship option of the Industry Collaboration Project aims to equip you with the relevant practical skills to critically identify and evaluate key issues impacting organisations and their environments either in the UK or overseas. Over a three month period, you will work alongside an organisation to identify and explore a real organisational issue. Through your project, you will apply your theoretical knowledge in the development of solutions to the identified issue, produce a project proposal and finally an 8,500 – 10,000 word portfolio.
An advanced-level research pathway based on a real-world business problem. You will create an initial research proposal then produce a 12,000 – 15,000 word dissertation for assessment.The Dissertation path gives you the opportunity to apply the theoretical and practical knowledge gained from the taught elements of the programme to a current organisational issue and deploy and effectively use appropriate problem-solving skills through critical self-reflection and methodical, systematic research.
Please note, this option is available from September 2019
Through this option, along with applying your theoretical knowledge from the taught elements of the programme, you will develop the transferable skills and qualities required for entrepreneurial behaviour and work on your own innovative business idea. You will reflect on business opportunities, challenges and strategies with the aim of establishing a new businesses, or incorporating entrepreneurial thinking into the management of an existing organisation. The three month Entrepreneurship path will be assessed through the development of an Initial Business Proposal and an 8,500 word Comprehensive Business Proposal accompanied by a 30 minute presentation.

Entry Requirements

A minimum 2.2 first degree or successful completion of the Graduate Certificate in International Management. We welcome applications from students who may not have formal/traditional entry criteria but who have relevant experience or the ability to pursue the course successfully.

Accreditation of Prior Learning (APL)

We welcome applications from students who may not have formal/traditional entry criteria but who have relevant experience or the ability to pursue the course successfully.

The Accreditation of Prior Learning (APL) process could help you to make your work and life experience count. The APL process can be used for entry onto courses or to give you exemptions from parts of your course.

Two forms of APL may be used for entry: the Accreditation of Prior Certificated Learning (APCL) or the Accreditation of Prior Experiential Learning (APEL).

English Language Requirements

Normally IELTS 6.5 with no individual element below 5.5, or equivalent recognised Secure English Language Test, (SELT).  

If the English language qualification is slightly below this level candidates may be able to take one of the many English courses available in the University. Please search for English in Course Finder.

Suitable For

This course is designed for finance professionals with an interest in, or looking to specialise in, the increasingly important area of professional fraud.

Fees 2018-19

Type of StudyFee
Full-time£8,500
Part-time£1,417 per 30 credit module
Full-time International£13,500

Additional costs

You should also consider further costs which may include books, stationery, printing, binding and general subsistence on trips and visits.

Scholarships and Bursaries

For more information please see our funding section

Teaching

The course is block delivered with students studying a single module for a 6 week period.  Face to face teaching is delivered on campus for two half days each week. In addition, you will attend the taught element of the Industry Collaboration Project each Wednesday afternoon during the 6 week blocks, with independent study completed in your own time through the University’s virtual learning environment, Blackboard.  Individual student timetables are provided during induction week.

Teaching is delivered through a combination of lectures, seminars and tutorials, using a wide range of learning activities.

Assessment

Over the duration of your course a range of assessment techniques will be used. Types of assessment include; essays, assignments, exams, multiple choice tests, online tests, group reports, and portfolio work. The weighting between exams and coursework varies between modules and years, but exams still play a major role.

Employability

This course will provide students with a unique set of skills and insights to develop subsequent careers in fraud management.  Graduates will be able to work in different sectors across the whole economy ranging from accounting firms, legal firms, information technology firms, banks, insurance companies etc.  They will also have the option of working in the treasuries and accounting departments of other firms.

Links with Industry

The University of Salford grew out of the institutes of the late 19th century that provided a talented, technically proficient and professional workforce to support the UK’s rapidly growing industries. In the 21st century, this still holds strong. Whilst industry has changed significantly, the need for industry-focussed education is equally relevant today.

We teach the skills that employers need and as a result, our graduates enjoy excellent international career prospects.

The curriculum across our postgraduate courses balances academic teaching and professional experience.  Our industry partners give us their input into the curriculum so that the teaching reflects industry’s current and future needs and you develop the skills that employers want.  The Industry Collaboration Project, which forms the final third of your study, is designed to give you real-world experience so you can apply the theory you have learned.

Further Study

Find out more information about research opportunities here.

Facilities

Salford Business School is located at the heart of the University’s Peel campus in the newly refurbished Lady Hale Building, and the Chapman Building, offering state-of-the-art facilities for the Business School’s student learning community and just minutes from Manchester city centre. Chapman is a stylish modern space with six lecture theatres equipped with the very latest technology and large screen displays, a series of communal learning and breakout spaces, plus a Fairtrade café with panoramic views across the campus.

Lady Hale is the home to all dedicated business school student support including the school office, an employability hub, a base for the Business School society, and several open study spaces.

All University of Salford students also have access to the MediaCityUK campus including its study facilities.  MediaCityUK is home to major BBC and ITV departments and over 80 businesses across the creative and digital sectors.  It is recognised as one of the most innovative developments in Britain and is a vibrant place in which to live, work, socialise and study.

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