Description
Course Name: Professional Diploma in Fraud Risk Management
Course Id: PDFRM/Q1001
Eligibility: 10+2(higher Secondary) or equivalent.
Objective: The Professional Diploma in Fraud Risk Management is designed to equip learners with the knowledge and analytical skills required to identify, prevent, detect, and investigate fraud across financial, corporate, and organizational environments. The course aims to develop professionals who can strengthen internal controls and minimize financial and operational risks caused by fraudulent activities.
Duration: Six Months.
How to Enroll and Get Certified in Your Chosen Course:
Step 1: Choose the course you wish to get certified in.
Step 2: Click on the “Enroll Now” button.
Step 3: Proceed with the enrollment process.
Step 4: Enter your billing details and continue to course fee payment.
Step 5: You will be redirected to the payment gateway. Pay the course and exam fee using one of the following methods:
Debit/Credit Card, Wallet, Paytm, Net Banking, UPI, or Google Pay.
Step 6: After successful payment, you will receive your study material login ID and password via email within 48 hours of fee payment.
Step 7: Once you complete the course, take the online examination.
Step 8: Upon passing the examination, you will receive:
• A soft copy (scanned) of your certificate via email within 7 days of examination.
• A hard copy (original with official seal and signature) sent to your address within 45 day of declaration of result.
Step 9: After certification, you will be offered job opportunities aligned with your area of interest.
Online Examination Detail:
Duration- 120 minutes.
No. of Questions- 60. (Multiple Choice Questions).
10 Questions from each module, each carry 10 marks.
Maximum Marks- 600, Passing Marks- 40%.
There is no negative marking in this module.
| How Students will be Graded: | ||
| S.No. | Marks | Grade |
| 1 | 91-100 | O (Outstanding) |
| 2 | 81-90 | A+ (Excellent) |
| 3 | 71-80 | A (Very Good) |
| 4 | 61-70 | B (Good) |
| 5 | 51-60 | C (Average) |
| 6 | 41-50 | P (Pass) |
| 7 | 0-40 | F (Fail) |
Key Benefits of Certification- Earning a professional certification not only validates your skills but also enhances your employability. Here are the major benefits you gain:
Practical, Job-Ready Skills – Our certifications are designed to equip you with real-world, hands-on skills that match current industry demands — helping you become employment-ready from day one.
Lifetime Validity – Your certification is valid for a lifetime — no renewals or expirations. It serves as a permanent proof of your skills and training.
Lifetime Certificate Verification – Employers and institutions can verify your certification anytime through a secure and reliable verification system — adding credibility to your qualifications.
Industry-Aligned Certification –All certifications are developed in consultation with industry experts to ensure that what you learn is current, relevant, and aligned with market needs.
Preferred by Employers – Candidates from ISO-certified institutes are often prioritized by recruiters due to their exposure to standardized, high-quality training.
Free Job Assistance Based on Your Career Interests – Receive personalized job assistance and career guidance in your preferred domain, helping you land the right role faster.
Syllabus
Module 1: Fundamentals of Fraud Risk Management: Introduction to Fraud Risk Management, Types of Occupational and Corporate Fraud, Fraud Triangle and Fraud Diamond Theory, Fraud Risk Assessment Methodologies, Fraud Governance Frameworks, Legal and Regulatory Environment, Ethics and Professional Conduct, Roles and Responsibilities of Fraud Risk Professionals, Fraud Prevention Strategies, Emerging Fraud Trends
Module 2: Fraud Detection, Investigation and Evidence Management: Fraud Detection Techniques, Red Flags and Warning Signs, Internal Fraud Investigation Process, External Fraud Investigation Methods, Evidence Collection and Preservation, Digital and Electronic Evidence Handling, Interviewing and Interrogation Techniques, Documentation and Case Reporting, Root Cause Analysis, Investigation Best Practices
Module 3: Financial Crime, Compliance and Internal Controls: Financial Statement Fraud, Asset Misappropriation, Procurement and Vendor Fraud, Payroll and Expense Fraud, Banking and Payment Fraud, Anti-Money Laundering (AML) Fundamentals, Know Your Customer (KYC) Compliance, Internal Control Systems, Compliance Monitoring Techniques, Regulatory Reporting Requirements
Module 4: Cyber Fraud and Technology Risk Management: Cyber Fraud Fundamentals, Identity Theft and Account Takeover, Phishing and Social Engineering Attacks, Digital Payment and Online Banking Fraud, E-Commerce Fraud Prevention, Cybersecurity Controls for Fraud Prevention, Fraud Analytics and Data Monitoring, Artificial Intelligence in Fraud Detection, Fraud Risk in Cloud and Digital Systems, Incident Response and Recovery Planning
Module 5: Enterprise Fraud Risk Assessment and Business Continuity: Enterprise Fraud Risk Framework, Fraud Risk Identification Techniques, Fraud Risk Analysis and Prioritization, Fraud Risk Mitigation Planning, Business Process Risk Assessment, Vendor and Third-Party Risk Management, Whistleblower Programs and Reporting Mechanisms, Business Continuity and Crisis Management, Fraud Risk Monitoring and Review, Fraud Risk Reporting to Management
Module 6: Fraud Prevention Leadership and Professional Practice: Fraud Prevention Culture Development, Corporate Governance and Accountability, Ethics Training and Employee Awareness, Fraud Risk Policies and Procedures, Leadership in Fraud Risk Management, Fraud Awareness Campaigns, Audit and Assurance Coordination, Fraud Case Management and Lessons Learned, Future Trends in Fraud Risk Management, Capstone Project in Fraud Risk Management
