Economic crime investigators detect and prevent crimes involving money. These include credit card, internet and insurance fraud, money laundering and financial schemes against individuals by criminal enterprises. Graduates of a bachelor's in economic crime investigation program could be prepared for employment in local, federal and state government, insurance companies, law offices and financial institutions.
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Bachelor's Degree in Economic Crime Investigation
In order to get accepted into the bachelor's degree program students must have high school diploma or GED. Some programs in economic crime investigation require students to select a focus, such as computer science or accounting. Students could learn the principles of criminology, accounting, computer programming, forensics and networking security. Coursework can vary depending on the program focus and the institution, but common economic crime investigation courses are:
- Forensic accounting
- Information security
- Identity theft
- Computer science
Economic crime investigation majors have numerous job opportunities in the criminal justice system. Graduates may work for government agencies, including the Federal Bureau of Investigation (FBI), the Department of Homeland Security or the Internal Revenue Service (IRS). Some economic crime investigators are self-employed and provide services to businesses and banking institutions. Other jobs for economic crime investigators include:
- Fraud analyst
- Insurance fraud investigator
- Cyber-crime analyst
- Computer networking analyst
Employment Outlook & Salary
The field of private detectives and investigators, which includes legal, corporate and financial investigators, is expected to see a 5% increase from 2014 to 2024, according to the U.S. Bureau of Labor Statistics (BLS). As of May 2015, private detectives and investigators earn a median annual salary of $45,610, according to the BLS.
Continuing Education Information
Students of an economic crime investigation program who wish to become Certified Public Accountants (CPAs) focus on accounting. Graduates must then complete 150 hours of accounting coursework to be eligible to sit for the Uniform Certified Public Accountant (CPA) exam.
In the area of information technology, graduates may need certification in certain computer programs or applications. Graduates who intend to work for government agencies, such as the FBI, Secret Service or Department of Homeland Security, likely need to complete further training in order to be eligible for employment.
Earning a bachelor's degrees in economic crime investigation can allow those with an interest in accounting apply and elevate their skills in the field of criminal justice.