An MBA is a degree that can benefit
anyone who works in a business industry, especially those who are in
management or executive positions. The acronym MBA actually
represents 'Masters of Business Administration', and is the one of
the most sought after of all degrees in the business world because
it is quite valuable to the industry and people who work in
It is important for management students
to learn how to protect themselves early with fraud fighting tools,
because business-related fraud is all around us, and shows no signs
of slowing down any time soon. A green management student who does
not have much real world experience may not otherwise be prepared
for some of the types of fraud, which occur every single day. In
such case he can either be the part of the fraud or can be the
victim of it.
So how else will these businesses be
protected, if these newly graduated management students are not able
to educate and protect themselves? Anti-Fraud education is a highly
effective method for fraud prevention for many different companies.
Studies have been showing for a good long time now that fraud can
easily be cut in half within companies that offer anti-fraud
education. Educating a company's employees is giving the company all
of the tools necessary to find and stop fraud. MBA students who come
away from the Business schools with these tools in hand are going to
be more successful than those who do not have a strong educational
background in fraud-prevention, detection and investigation.
Regardless of whether you are in
business for yourself, managing a company or simply a private
citizen, you have probably lost money in some form or another to
fraud in the past. Current MBA business management students should
focus a great deal of their attention on learning how to combat
against fraud, because the number of fraudulent transactions and
schemes is growing every day and shows absolutely no sign of slowing
down at any point in the future. Educated business management
students can work to nip fraud in the bud, however, simply by
preparing themselves before they ever need to use their fraud
detection and elimination skills and techniques.
MBA degrees are now being offered in
Criminal Justice, with a serious focus on business fraud, and
anti-fraud education measures. Many online and campus universities
in US are offering these degrees to students who want to specialize
in the elimination of business fraud, including Utica College,
Florida Metropolitan University, De Vry College, Walden University,
Virginia College Online, Capella University and the American
So what is this profession that U.S.
News & World Report recently designated as one of the eight most
secure career tracks in America (February 2002) and SmartMoney
Magazine counted as one of its “ten hottest jobs” for the next
decade with a salary potential of over $100,000 (AccountingWeb US,
May 16, 2002)?
Fraud is all around us, and educating
yourself properly to tackle business fraud is a stellar first step
in preparing yourself for the business industry.