BML Munjal University Introduces the First Forensic Accounting MBA in India

Ludhiana, March 10, 2015 – BML Munjal University (BMU), founded by The Hero Group, is launching a two-year full-time MBA programme in ‘Accounting and Finance’ with a focus on Forensic Accounting and Corporate Fraud. This shall be the first course of its kind in India, and will train aspirants to develop skills relevant to the highly specialised job. Currently there’s a major dearth of trained candidates, despite a heightened need for fraud investigation in the corporate scenario.

Mentored by Imperial College London – with academic support from the distinguished faculty of BML Munjal University, and one of the big 4 consulting and advisory organisations – this unique program offers a new career alternative to students of commerce, CA, ICWA, CS and allied areas. As a part of the programme, students will acquire hands’ on experience by working on fraud investigations, large anti-money laundering and regulatory remediation, and on fraud prevention projects. Students will also be provided real world challenges by one of the big 4 consulting and advisory organisations for project experience.

On the development, Dr. Tapan Panda (Dean, School of Management) said, “I am confident our new MBA programme will help in building a proficient army of professionals who can combat corporate fraud at every level. The course will impart skills scientifically, but also in a manner that prepares students for the dynamic challenges of the industry, is this area. The focus is on relevance, and actual work skills, which is what makes the course invaluable for corporate fraud investigation aspirants.”

The programme structure includes core courses, which help students grasp theory and business fundamentals; skill courses that allow students to acquire a range of life skills needed to be successful at the workplace - such as communication and presentation, leadership;  perspective courses that help students see the larger picture, contextualise problems, and acquire a better understanding of the core; and elective courses which give students the freedom to explore and develop expertise in subjects that interest them.

The program will allow students in the second year to choose from six career specialisations -   Forensic Accounting, Chartered Accounting, Individual Financial Planning, Investment Banking, Forex, Treasury, and Risk Management, Management Accounting- depending on their interest.