Online Forensic Accounting Degree Programs Overview

Best Online Forensic Accounting Master's Degree Programs in 2024

#1 in Best Online Forensic Accounting Master's Degree Programs in 2024

Liberty University

Lynchburg, VA4 years

School Type: Private Nonprofit

Online + Campus

Program Accredited By: Accreditation Council for Business Schools and Programs

Online Program Information:

Cost per Credit:

$565

Contact: admissions@liberty.edu

Online Graduate Overall Median Earnings:

$67,089

Why We Picked It:

Liberty's online Master of Science in Accounting with a specialization in Forensic Accounting offers considerable advantages, including affordability at $565 per credit, flexibility with 100% online and 8-week courses, and comprehensive preparation for professional certifications like CPA and CFE. The program's emphasis on handling financial crimes and the opportunity to transfer up to 50% of credit hours make it highly accessible and appealing for professionals looking to advance in the field.

#2 in Best Online Forensic Accounting Master's Degree Programs in 2024

New England College

Henniker, NH4 years

School Type: Private Nonprofit

Online + Campus

Program Accredited By: Advance Collegiate Schools of Business International

Online Program Information:

Cost per Credit:

$576

Contact: admission@nec.edu

Online Graduate Overall Median Earnings:

$68,502

Why We Picked It:

NEC's program stands out for its focus on developing investigative and auditing skills alongside preparing students for CPA and CFE certifications. With a cost per credit of $576, it balances affordability with quality, offering a comprehensive curriculum that covers internal audit, risk management, and fraud investigation. The college's reputation for innovation and commitment to hands-on learning experiences adds to its appeal.

#3 in Best Online Forensic Accounting Master's Degree Programs in 2024

Utica University

Utica, NY4 years

School Type: Private Nonprofit

Online + Campus

Program Accredited By: Accreditation Council for Business Schools and Programs

Online Program Information:

Cost per Credit:

$775

Contact: admiss@utica.edu

Online Graduate Overall Median Earnings:

Not Provided

Why We Picked It:

Utica's M.S.F.A. program is notable for its comprehensive coverage of forensic skills across all courses, at $775 per credit. It prepares students for CPA licensure and additional certifications like CAMS and CFE, emphasizing investigation and prevention of financial crimes. The program isn't the most affordable but offers considerable value through its experienced faculty and support services, making it a competitive option.

#4 in Best Online Forensic Accounting Master's Degree Programs in 2024

Southern New Hampshire University

Manchester, NH4 years

School Type: Private Nonprofit

Online + Campus

Program Accredited By: Accreditation Council for Business Schools and Programs

Online Program Information:

Cost per Credit:

$627

Contact: enroll@snhu.edu

Online Graduate Overall Median Earnings:

$73,982

Why We Picked It:

SNHU's MS in Accounting is priced at $637/credit, aligning with the 2024 CPA Exam requirements. It offers flexibility, specialization options like Fraud Examination, and a curriculum that develops essential accounting and analytical skills. While not the cheapest, its accreditation by ACBSP and the breadth of career support and recognition make it a solid choice for professionals.

#5 in Best Online Forensic Accounting Master's Degree Programs in 2024

Stevenson University

Owings Mills, MD4 years

School Type: Private Nonprofit

Online + Campus

Program Accredited By: Middle States Association

Online Program Information:

Cost per Credit:

$695

Contact: suo-inquiry@stevenson.edu

Online Graduate Overall Median Earnings:

Not Provided

Why We Picked It:

Stevenson's online Master's in Forensic Accounting is competitively priced at $695 per credit, offering a robust program with a focus on investigative accounting and fraud prevention. Its ranking by intelligent.com and growth prospects in the field, combined with flexible online delivery and personalized attention, position it as a strong choice despite its mid-range tuition cost.

What are the Pros and Cons of obtaining an Online Forensic Accounting Master's Degree vs On Campus?

When you're considering furthering your education in forensic accounting, the mode of study is a crucial decision. Here, we break down the pros and cons of pursuing an Online Forensic Accounting Master's Degree compared to traditional on-campus programs.

Online Forensic Accounting Master's Degree

Pros:

  • Flexibility: One of the most significant advantages of online learning is the flexibility it offers. You can balance work, family, and education more easily, accessing coursework and lectures from anywhere at any time.

  • Cost-Effectiveness: Generally, online programs can be less expensive in terms of tuition. Additionally, you save on commuting costs, campus meal plans, and housing.

  • Technology Proficiency: Engaging with course material online enhances your digital communication and collaboration skills, an asset in today’s increasingly digital workplace.

  • Global Networking: Online programs often attract students from around the globe, offering opportunities to network with diverse professionals.

Cons:

  • Limited Social Interaction: The lack of face-to-face engagement can result in a sense of isolation and may hinder the development of professional relationships.

  • Self-Discipline Required: Success in an online program demands a high level of self-motivation and discipline due to the absence of structured class times.

  • Perception Issues: While steadily improving, some employers may still perceive online degrees as less credible than traditional ones.

On-Campus Forensic Accounting Master's Degree

Pros:

  • Networking Opportunities: Campus-based programs offer numerous networking opportunities through face-to-face interactions with professors, peers, and through university events.

  • Structured Learning Environment: Regularly scheduled classes and direct access to faculty can enhance learning and keep students engaged and accountable.

  • Access to Campus Resources: On-campus students benefit from immediate access to libraries, study groups, labs, and extracurricular activities, enriching their educational experience.

Cons:

  • Less Flexibility: Fixed class schedules and the necessity to physically attend classes make balancing personal responsibilities more challenging.

  • Higher Costs: Beyond tuition, on-campus programs often come with additional expenses for housing, commuting, and materials.

  • Geographic Limitations: Your choice of institutions may be limited by location, potentially requiring relocation or settling for a less preferred program.

Deciding between an online or on-campus Master's Degree in Forensic Accounting depends on your lifestyle, learning preferences, career goals, and financial situation. Each path offers unique benefits and challenges. Carefully weigh these factors to choose the path that best aligns with your personal and professional aspirations.

#6 in Best Online Forensic Accounting Master's Degree Programs in 2024

West Virginia University

Morgantown, WV4 years

School Type: Public

Online + Campus

Program Accredited By: Advance Collegiate Schools of Business International

Online Program Information:

Cost per Credit:

$820

Contact: wvuonlineinquiry@mail.wvu.edu

Online Graduate Overall Median Earnings:

$72,427

Why We Picked It:

WVU's program costs $965 per credit, making it one of the pricier options. However, it delivers an interdisciplinary curriculum that prepares students for detecting and uncovering fraud, with emphasis areas such as Business Cybersecurity and Data Analytics. Despite its higher cost, its focus on practical skills and career preparation in both public and private sectors presents a valuable investment.

#6 in Best Online Forensic Accounting Master's Degree Programs in 2024

West Virginia University

Morgantown, WV4 years

School Type: Public

Online + Campus

Program Accredited By: Advance Collegiate Schools of Business International

Online Program Information:

Cost per Credit:

$820

Contact: wvuonlineinquiry@mail.wvu.edu

Online Graduate Overall Median Earnings:

$72,427

Why We Picked It:

WVU's program costs $965 per credit, making it one of the pricier options. However, it delivers an interdisciplinary curriculum that prepares students for detecting and uncovering fraud, with emphasis areas such as Business Cybersecurity and Data Analytics. Despite its higher cost, its focus on practical skills and career preparation in both public and private sectors presents a valuable investment.

#7 in Best Online Forensic Accounting Master's Degree Programs in 2024

SUNY Polytechnic Institute

Utica, NY4 years

School Type: Public

Online + Campus

Program Accredited By: Advance Collegiate Schools of Business International

Online Program Information:

Cost per Credit:

In-State: $471
Out of State: $565

Contact: admissions@sunypoly.edu

Online Graduate Overall Median Earnings:

$73,152

Why We Picked It:

SUNY Poly's Master of Science in Accounting, while not listing a specific cost, is notable for its CPA licensure preparation and the inclusion of an Advanced Certificate in Forensic Accounting and Valuation. Targeted at those with undergraduate degrees in accounting, it offers an appealing option for those seeking to meet the 150-credit hour requirement for CPA certification, though its more limited focus compared to dedicated forensic accounting programs may place it lower in ranking for that specialization.

#8 in Best Online Forensic Accounting Master's Degree Programs in 2024

Bay Path University

Longmeadow, MA4 years

School Type: Private Nonprofit

Online + Campus

Program Accredited By: New England Commission of Higher Education

Online Program Information:

Cost per Credit:

$855

Contact: graduate@baypath.edu

Online Graduate Overall Median Earnings:

Not Provided

Why We Picked It:

Bay Path's MS in Accounting with a Forensic Concentration, at $855 per credit, offers specialized courses in fraud examination and forensic accounting, aimed at professionals looking to advance in this niche field. Its acknowledgment by notable ranking sites as a top program and its curriculum designed for skill development and CPA licensure preparation, make it a compelling option, though its higher cost and more narrow focus might limit its appeal.

#9 in Best Online Forensic Accounting Master's Degree Programs in 2024

Western New England University

Springfield, MA4 years

School Type: Private Nonprofit

Online + Campus

Program Accredited By: Advance Collegiate Schools of Business International

Online Program Information:

Cost per Credit:

$975

Contact: study@wne.edu

Online Graduate Overall Median Earnings:

$85,792

Why We Picked It:

WNE's program is among the most expensive at $975 per credit but offers a solid path toward CPA exam preparation and a curriculum centered on fraud investigation, forensic accounting, and litigation support. Accredited by AACSB International, it promises high academic standards and flexible scheduling but might be less accessible due to its cost.

Online Forensic Accounting Master's Degree FAQs

What are the prerequisites for enrolling in an Online Forensic Accounting Master's Degree program?

Before you dive into a forensic accounting master's program online, it's essential to understand the prerequisites. Generally, you'll need:

  • A bachelor's degree from an accredited institution, preferably in accounting or a related field.
  • A satisfactory GPA, often a minimum of 3.0 on a 4.0 scale.
  • GMAT or GRE scores might be required, although some programs waive this for applicants with significant work experience or a high undergraduate GPA.
  • Prerequisite coursework in accounting and business may be necessary if your bachelor’s degree is in an unrelated field.

How long does it take to complete the program?

The duration of online forensic accounting master's programs varies based on several factors:

  • Full-time students can typically complete their degree in 1 to 2 years.
  • Part-time students may take 2 to 4 years, depending on how many courses they take each term.
  • Accelerated programs can shorten the duration but demand a more intense study schedule.

Can I work while studying in the program?

Absolutely! One of the significant advantages of opting for an online program is the flexibility it offers. This means:

  • You can continue working full-time and study during evenings or weekends.
  • Online courses often have asynchronous elements, allowing you to complete coursework at your own pace within a given timeframe.
  • Time management and self-discipline are crucial to balance work and study effectively.

What skills will I gain from an Online Forensic Accounting Master's Degree?

An online master's in forensic accounting equips you with a blend of technical and soft skills, including:

  • Advanced knowledge of accounting principles and practices.
  • Proficiency in using accounting and auditing software.
  • Skills in identifying and investigating financial frauds and discrepancies.
  • Legal knowledge related to financial crimes, regulations, and compliance.
  • Critical thinking and analytical skills to solve complex financial puzzles.
  • Effective communication skills for reporting findings.

Are online degrees recognized by employers?

Yes, online degrees, especially from accredited institutions, are recognized and respected by employers. Key points include:

  • Ensure the program is accredited by a recognized accrediting agency. This ensures the education meets specific quality standards.
  • Many employers value the self-discipline, time management, and digital communication skills that online students develop.
  • Be prepared to discuss how your online education prepared you for working in forensic accounting during job interviews.

What career opportunities can I pursue with an Online Forensic Accounting Master's Degree?

Graduates of online forensic accounting master's programs have a wide range of career paths available, such as:

  • Forensic Accountant or Analyst
  • Internal Auditor
  • Fraud Examiner
  • Financial Analyst
  • Compliance Officer
  • Positions within law enforcement agencies or government bodies focusing on financial crimes.

Additionally, this degree can pave the way for certifications like Certified Fraud Examiner (CFE) or Certified Public Accountant (CPA), which can further enhance your career prospects.

Remember, choosing the right online forensic accounting master's program depends on your career goals, budget, and schedule. It's a significant step towards advancing in the field of forensic accounting, offering both challenges and rewards along the way.

#10 in Best Online Forensic Accounting Master's Degree Programs in 2024

Rider University

Lawrenceville, NJ4 years

School Type: Private Nonprofit

Online + Campus

Program Accredited By: Advance Collegiate Schools of Business International

Online Program Information:

Cost per Credit:

$1,010

Contact: gradadm@rider.edu

Online Graduate Overall Median Earnings:

$86,060

Why We Picked It:

Rider offers a Master of Accountancy with a concentration option in Forensic Accounting priced at the highest cost of $1010 per credit. Despite its distinction of AACSB accreditation in business and accounting and a curriculum aligned with CPA exam content, its high cost and the availability of less expensive, equally reputable programs place it lower in the ranking for those prioritizing affordability alongside quality in forensic accounting education.

Online Forensic Accounting Master's Degree Resources

Professional Associations

As you dive into the field of forensic accounting, joining professional associations can significantly enhance your network, knowledge, and opportunities. Here are some top associations you should consider:

Industry Publications

Staying updated with the latest trends, research, and news in forensic accounting is crucial for your professional development. These publications are a great resource:

Other Resources

To further support your growth and learning in forensic accounting, consider exploring the following resources:

  • Online Databases and Libraries: Many universities offer access to databases such as JSTOR or ProQuest where you can find scholarly articles and research papers on forensic accounting.
  • Webinars and Workshops: Organizations like ACFE and AICPA regularly host webinars and workshops that can provide deeper insights into specific areas of forensic accounting.
  • Networking Events: Look for local or virtual networking events through platforms like LinkedIn or Meetup to connect with other professionals in the field.
  • Career.Guide: For career advice, resume tips, and job search strategies tailored to forensic accounting, visit Career.Guide.

By taking advantage of these resources, you'll be well-equipped to excel in your studies and future career in forensic accounting.

Is an Online Forensic Accounting Master's Degree Worth It?

Deciding to pursue a Master's Degree in Forensic Accounting online can feel like a significant step, especially when considering the investment of time and resources. However, for many, the benefits far outweigh the initial costs. Here's why an Online Forensic Accounting Master's Degree might just be the smartest move for your career:

  • High Demand for Specialists: The financial landscape is becoming increasingly complex, and with that, the demand for forensic accountants is on the rise. Businesses, government entities, and law enforcement agencies are all seeking professionals skilled in uncovering financial discrepancies and fraud.

  • Lucrative Salary Potential: With specialization comes the potential for a higher salary. Forensic accountants are among the top earners in the accounting field due to their specialized skill set and the critical nature of their work.

  • Flexible Learning Environment: One of the most appealing aspects of pursuing your degree online is the flexibility it offers. You can balance your studies with work and personal commitments, accessing course materials and lectures at times that suit you best.

  • Broad Career Opportunities: A Master's in Forensic Accounting doesn't limit you to one career path. Graduates can explore roles in public accounting firms, corporations, government agencies, or even start their own consulting firms.

  • Enhanced Skills and Knowledge: Beyond just learning about accounting, you'll delve into areas such as fraud investigation, legal aspects of fraud, and how to use technology to detect financial anomalies. These skills are highly valued in today's market.

  • Networking Opportunities: Many online programs offer robust networking opportunities with fellow students, alumni, and professionals through virtual events, discussion boards, and group projects. These connections can be invaluable as you progress in your career.

  • Certification Preparation: Often, these programs prepare you for key certifications in the field, such as Certified Fraud Examiner (CFE) or Certified in Financial Forensics (CFF), making you even more attractive to potential employers.

When considering whether an Online Forensic Accounting Master's Degree is worth it, reflect on your career goals, current lifestyle, and how this degree aligns with your professional aspirations. For those looking to specialize and advance in the field of forensic accounting, the investment can lead to rewarding opportunities and a fulfilling career.

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