The Financial Leadership focus area is your tool to being an effective leader in the financial industry. No matter your specific financial expertise, the MLD program will allow you to explore cutting edge technologies that are key to data analysis in today's ever-changing economy. You will learn how to detect fraud as well as manage and organize data to make effective financial decisions.
MLD’s financial leadership track is designed to meet the current CPA + Indiana requirements and prepares students for the Certified Internal Auditor, Certified Management Accountant, Certified Forensic Accountant and Certified Fraud Examiner tests. This program provides much more than required hours, it provides in-depth training on the current technologies and trends in the rigorous financial world.
Through the Financial Leadership focus area, you will be able to:
- Communicate financial information visually, responsibly, and ethically.
- Identify patterns of fraud while leading improvement in internal control.
- Assist in reporting that requires XBRL and IFRS.
- Manage financial information with ethical accountability.
- Provide visionary leadership to support strategic planning that balances continuity and change.
15 credit hours required; all courses listed.
Explores both historical and contemporary explanations of the self in a variety of natural and social contexts. Examines the role of society on the development of self and the impact of the individual on society.
Explores the interaction of culture, creativity, and the arts with leadership. Students will examine creative leaders throughout history from a wide variety of cultures and organizational settings. Students will explore their own creativity and its potential impact on their ability to “think outside the box” and enhance their unique leadership style.
Provides an overview of leadership models to help students identify their own leadership styles. Examines leadership skills that support diverse individuals in complex and technology-rich environments.
Examines the process of ethical decision-making. Through the examination of sources and issues, students develop an awareness of ethical questions, a language with which to frame and confront those questions, and methodologies to examine their import, possibilities, and challenges. Also, addresses differences between legal and ethical issues that affect decision-making.
Examines the research process and explores how to critically analyze research and build upon the work of others. Provides an overview of assessment and evaluation techniques, statistical procedures, and technologies that can be used to inform decision-making.
Financial Leadership Focus Area Courses
18 credit hours required; all courses listed.
Students in this course use accounting resources (FASB codification database, IFRS, SEC reporting guidelines using XBRL) to understand regulations, processes and procedures related to financial accounting statements and reports. This course helps finance leaders consider a balance between statement presentations and readability, as well as make informed financial and ethical decisions.
Examines the various types of fraud and the impact on financial statements. Students will apply fraud interviewing techniques, recognize fraud patterns with Audit Command Language (ACL) Software, and use information technology to investigate fraudulent activities. Students use Visio flowchart processes to assess internal control risk in accordance with Sarbanes-Oxley and other general guidelines. Prerequisite: Accounting or professional experience, by review.
Emphasizes development of an organizational vision and strategic plan that supports the mission and balances continuity and change. Highlights the developmental stages that organizations experience as part of the systems change process. Reinforces the importance of connecting strategic planning with ongoing operational functions of the organization.
Students learn to collect, analyze and visualize complex data. By using data mining techniques, students turn data into information using tools that incorporate document conversion (ASCII, HTML, XML, XBRL) and software to recognize clustering patterns. The end result is a discovery of business intelligence. Prerequisite: Accounting or professional experience, by review.
Capstone course incorporates various perspectives of the Integrative Core and the Focus Area. Requires a real-life project that is approved by the Project Advisor. Example projects for this Focus Area include: a proposal for a forensic auditing plan, a data mining project, a strategic plan that includes a risk assessment or benchmarking to develop action plans. Prerequisites: Financial Leadership courses.
Financial Leadership Focus Area Electives
Choose one of the following courses (3 credits).
Explores management of financial resources to achieve the goals of the organization. Provides grounding in accounting, finance, and legal issues to identify key indicators of organizational health. Introduces concepts of benchmarking and interpreting reports to develop action plans.
Examines the impact of information technology on communication, organizational culture, ethics, and decision-making. Focuses on use of technology to manage organizational processes. Includes overview of emerging technologies, such as SAP, Oracle, and enterprise software.