Master's Program Review

Stevenson University Master of Science in Forensic Accounting: Our 2027 Review

M.S. program at Stevenson University in Owings Mills, MD, fully online. The school says its business programs are accredited by the International Accreditation Council for Business Education (IACBE). It ranks 9 of 27 master's programs in our 2027 rankings.

Forensic Program Score

87.7

Cost per Credit

$719

Credits

36

Format

Fully Online

Verdict

Our Verdict on Stevenson University's M.S.

Stevenson University's Master of Science in Forensic Accounting is a fully online, 36-credit degree you can finish in two years or less, with up to 15 prior-coursework credits applied. You'll take six fraud-focused courses on fraud accounting, auditing and tax investigation, business valuation, white collar crime law and interviewing. It's all for $719 per credit with $0 fees.

Stevenson University, a private nonprofit in Owings Mills, Maryland, runs this master's through Stevenson University Online. It trains accounting professionals to assess fraud risk and the adequacy of internal control structures and to communicate findings in legal proceedings. That prepares you for careers in investigative accounting and fraud prevention.

Courses are 100 percent online and run in 8-week sessions, taught by accomplished faculty with real-world business experience. Stevenson also offers an 18-credit online graduate certificate in the same field. This master's goes further, and you'll get 36 credits and a fuller set of investigation and law courses.

Credentials

Accreditation and Certification Rule Changes

Stevenson is regionally accredited by the Middle States Commission on Higher Education, and its business programs hold accreditation from the Accreditation Council for Business Schools and Programs (ACBSP) and IACBE. The program page lists forensic accountants, business valuation experts and fraud examiners as career paths. It also cites 6 percent projected growth in demand for accountants and auditors through 2031.

Programmatic Accreditation
IACBE

Where this degree can lead: Forensic Accounting Jobs, Certified Fraud Examiner Certification.

Fit

Who This Program Fits

  • If you're a working accountant, 8-week courses and online delivery let your busy career and graduate study fit together.
  • If you're a Certified Public Accountant (CPA) adding a specialty, Stevenson's site profiles a student who did the same and used the program to land a forensic accounting position.
  • If you already have graduate credits, you can apply up to 15 credits of prior coursework.
  • If you want to become a litigation support specialist, you'll study white collar crime law and trial practice alongside the accounting.
  • If valuation work draws you in, you'll take a full course on business valuation methods.
  • If you work for a partner organization, Stevenson offers tuition discounts for employers and partner groups.

Curriculum

What You Will Study

The forensic core is built from six courses that each take on a different part of an investigation.

Fraud: Accounting opens with detection and warning signs. Then you'll move through technology tools, investigation techniques, financial statement screening and e-commerce fraud risk. Investigation and Analysis: Auditing digs into financial statement fraud and how an auditor can find it. You'll work case studies drawn from Securities and Exchange Commission enforcement releases on false and misleading statements. Investigation and Analysis: Tax turns to tax fraud committed by people and businesses.

Business Valuation surveys how a private business gets its worth, from asset to income to market methods. White Collar Crimes reviews prosecution and defense, the federal agencies involved, and crimes ranging from corporate fraud to political corruption. Investigative Techniques/Interviewing shows you how to gather testimonial evidence from persons of interest and present your reports orally.

The program page also lists Litigation Theory and Practice, which examines civil and criminal trial practice. Together these courses move you from spotting a red flag to documenting what you found and explaining it to a lawyer, a regulator or a jury. Because the degree has more courses than the certificate, you'll take both investigation courses rather than choosing between them.

Courses the School Names

  • Fraud: Accounting
  • Investigation and Analysis: Auditing
  • Investigation and Analysis: Tax
  • Business Valuation
  • Litigation Theory and Practice

Standout Features

  • A fully online graduate certificate in Forensic Accounting is also offered
  • Ranked in the top 4 of online forensic accounting master's programs by Accounting.com

Cost

How Much It Costs at $719 a Credit

Stevenson prices the master's at $719 per credit plus $0 in fees. A College Transitions review notes that the institution has eliminated all fees on online programs.

Tuition discounts are available through employer and partner organizations, and you can transfer in up to 15 credits, which may shorten your path. Since the degree is 36 credits, the per-credit rate and your transfer credits are the two numbers you'll want to plan around with the admissions team.

36 credits at $719 a credit comes to $25,884 in tuition, before fees.

Cost per Credit
$719 per credit
Credits Required
36 credits
Estimated Tuition
$25,884
Fees and Notes
Tuition of $719 per credit plus $0 fees. Tuition discounts are available for employers and partner organizations.

Format

8-Week Terms and Start Dates

The program is 100 percent online, with 8-week courses and a completion time of two years or less, depending on your transfer credits and pace. You'll get support from academic advising and tutoring to technical help, plus one-to-one attention from faculty who've worked in business.

A profiled student, a working CPA, says the online format lets him balance a busy career with his education. To apply, you'll need a bachelor's degree from an accredited institution, an undergraduate accounting major or advanced coursework or professional experience in accounting, a cumulative grade point average of 3.0 and a personal statement.

Terms
8-week courses.
Time to Finish
Complete in two years or less

Admissions

Admission Requirements

Admission Requirements
Bachelor's degree from an accredited institution; undergraduate accounting major or advanced coursework or professional experience in accounting; 3.0 GPA; personal statement.
Transfer Credits
Up to 15 credits

Score

How This Program Scores

Each factor is scored 0 to 10 against other master's programs. The weights are the same for every program, and the weighted total is scaled so the top program on the site scores 100.

  • Forensic Focus20% of score 6.6 / 10

    Forensic accounting runs through the whole program: 6 dedicated forensic and fraud courses (18 credits)

  • Investigative Skill Coverage10% of score 7.3 / 10

    Covers fraud examination, financial statement fraud, valuation and damages, and investigation methods

  • Hands-On Casework10% of score 2.8 / 10

    Capstone

  • Cost15% of score 5.3 / 10

    $719 per credit

  • Graduate Earnings15% of score 3.2 / 10

    $86,344 median earnings for its graduates in this field (College Scorecard)

  • Completion10% of score 5.7 / 10

    60.5% of transfer students earn a credential within eight years (U.S. Department of Education)

  • Credential Pathway10% of score 7 / 10

    IACBE stated by the school

  • Program Reputation10% of score 9.1 / 10

Forensic Program Score 87.7 / 100

Darker bars mean stronger factor scores. Every bar also shows its number.

The full rubric is on the methodology page.

Reputation

What People Say About the Program

  • Stevenson's profile of Kurt Caltrider, a CPA, says he appreciated the personalized support and real-world expertise of the faculty, which helped him land a new position in forensic accounting.

    Source: Stevenson University website

  • College Transitions says Stevenson's online master's in forensic accounting has received national recognition.

    Source: College Transitions

Before You Apply

Questions to Ask the School Before You Apply

  • How many courses do most students take at once, and what does that pace look like over two years?
  • Which of my earlier credits could count toward the 15-credit transfer allowance?
  • How is Litigation Theory and Practice taught online, and does it include mock courtroom work?
  • Which practicing forensic accountants teach the investigation courses?
  • How do employer and partner tuition discounts work?
  • What career services are available to online students who want investigative roles?

School

About Stevenson University

A private university in Owings Mills, Maryland, with a fully online graduate division, Stevenson University Online.

Degree
M.S., Master's
School
Stevenson University, Owings Mills, MD
Institution Type
Private nonprofit
Delivery
Fully Online
Graduation Rate, Transfer Students (8 Years)
60.5%
Admit Rate
79%
Total Enrollment
3,684
Master's Completions a Year in This Field
13
Campus Setting
Suburban

Rankings

Rankings That Include This Program

Rank is the program's position among the programs on that list at its degree level.

Same School

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Other master's programs with the closest scores.

Frequently Asked Questions About This Forensic Accounting Program

Is Stevenson University's Master of Science in Forensic Accounting a Good Program?

Is Stevenson's Forensic Accounting Master's 100 Percent Online?

How Long Does the Degree Take?

Can I Transfer Credits Into the Program?

What Does the Program Cost per Credit?

How Is the Master's Different From the Certificate?

Sources

Sources retrieved to .