Finance Crime Major for Military and Veterans

A student earning a Financial Crime Degree learns about the various aspects of financial wrongdoing. This program usually covers fraud examination, forensic accounting, and regulatory compliance through data analysis and investigative research.

Financial crime (“white collar crime”) involves fraudulent or dishonest behavior for personal financial gain. Crimes that fall under this category include:

• Counterfeiting
• Embezzlement
• Fraud
• Forgery
• Identity theft
• Money laundering
• Tax evasion
• Terrorism financing

A student earning a Financial Crime Degree learns about the various aspects of financial wrongdoing. This program usually covers topics like fraud examination, forensic accounting, and regulatory compliance through data analysis and investigative research.

Graduates can find lucrative jobs as investigators, compliance officers, and fraud analysts. They may work for organizations like the DEA, FBI, and IRS and find employment in criminal justice roles in public or private sectors.

Using the GI Bill and Tuition Assistance for a Finance Crime Degree

Suppose you’re interested in pursuing a Finance Crime Degree and need financial help. In that case, the GI Bill, a military education benefit for service members in the Air Force, Space Force, Navy, Marine Corps, Army, and Coast Guard and their eligible dependents, covers tuition and fees, provides a monthly housing allowance, and offers additional money for books and supplies.

The GI Bill assists veterans’ transition into civilian life by offering them opportunities to further their education, acquire new skills, and find better jobs.

Using Spouse Tuition Assistance (STAP) and MyCAA for a Finance Crime Degree

Spouse Tuition Assistance

When seeking a  Finance Crime Degree, military spouse tuition assistance programs help military spouses (and sometimes dependent children) pay for their education, whether in the U.S. or elsewhere in the world.

All military branches once offered programs following Spouse Tuition Assistance (STAP) guidelines or created something similar. Today, individuals and organizations use the term STAP interchangeably to describe various offerings by military relief organizations, but the programs can differ.

STAP now refers to the education benefits offered by military aid societies, many of which the U.S. military branches and the federal government do not run.  Instead, they are private, nonprofit organizations, and what they provide varies.

These organizations include:

• Army Emergency Relief
• Air Force Aid Society
• Navy/Marine Corps Relief Society
• Coast Guard Foundation

MyCAA

The workforce development program MyCAA, formally known as the My Career Advancement Account Scholarship, provides financial assistance of up to $4,000 ($2,000 over two years) to eligible military spouses pursuing or maintaining a degree, certification, or license.

As long as an individual meets the requirements, MyCAA will pay for spouses pursuing any occupation or career.

Careers With a Finance Crime Major

While Associate Degrees exist for Financial Crime, positions typically require at least a Bachelor’s Degree. According to Utica University, which offers an online Master’s Degree in Finance Crime, recent economic scandals have called for greater business and financial oversight.

A Financial Crime Degree-holder can find work in many industries, including banking and financial services, law enforcement and government agencies, insurance companies, consulting firms, the corporate sector, legal and accounting firms, and technology and cyber security.

What To Expect From a Military-Friendly Finance Crime Degree Program

Financial Crime courses vary from school to school. For example, Marywood University’s courses focus on “auditing, business taxation, criminology, financial analysis, law enforcement, and white collar crime.”

Utica University offers two concentrations in its financial crimes program. In its Financial Investigation concentration, students learn to spot financial misdeeds through forensic accounting and take courses in accounting concepts and procedures, data analysis, and fraud detection.

Through Utica’s Fraud Prevention and Detection concentration, students take courses in investigation and interviewing techniques, using tech to detect and prevent crime, and recognizing suspicious behavior patterns in identifying financial crime.

Select Yellow Ribbon Colleges with Finance Crime Degree Programs

• University of Baltimore: The University of Baltimore offers a Master’s Degree in Financial Forensics and Fraud Investigation.
• Kansas State University: Kansas State University offers an Associate’s and Master’s Banking, Corporate, Finance, and Securities Law.
• Missouri State University: Missouri State University offers a certificate in Financial Forensics and Fraud Investigation.
• Pfeiffer University: Pfeiffer University offers Bachelor’s and Master’s Degrees in Financial Forensics and Fraud Investigation.

Select Military-Friendly Colleges with Finance Crime Degree Programs

• Hilbert College: Hilbert College offers a Bachelor’s Degree in Financial Forensics and Fraud Investigation.
• Canisius College: Canisius College offers a  Bachelor’s Degree in Financial Forensics and Fraud Investigation.
• Genesee Community College: Genesee Community College offers an Associate’s Degree in Financial Forensics and Fraud Investigation.
• Tiffin University: Tiffin University offers a certificate and Master’s Degree in Financial Forensics and Fraud Investigation.

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