MASTER IN COMPLIANCE & CRIME PREVENTION IN BUSINESS

Master in Financial Crime Prevention

Level
Graduate Programs (Master)
Duration
2 years
Language
EN
Obtained title
Master's Level Degree
Mode
Full-time
Brochure
Contact
Dana Duda
Supervisor of the field of study
Dana Duda
About the studies
Basic information

The Master in Financial Crime Prevention is a 2-year master's program conducted in English, which adresses the increasing demand for experienced specialists in the entire shared services industry, which currently amounts up to 350 000 job positions, in Warsaw alone that number is 60 000 and still rising. This industry includes IT services, accounting services and broadly defined compliance.

Graduates of the program will gain the necessary skills to work properly and effectively as a manager in the field of risk management, compliance monitoring and Anti-Money Laundering(AML).

This program is perfect for potential candidates, who already have experience, and are looking to update their knowledge regarding compliance monitoring, AML and risk control of financial institutions.

The leaders of the program are experienced professionals, who took part in multiple international projects concerning the implementation of AML departments in corporations and effective risk management. This allowed them to gain the necessary knowledge and good practices to develop a program, which also suits the needs of candidates, who just started to think about a future in financial enterprises.

Unique Values
1
Demand on the job market

Compliance and bank operation sector in Poland currently ads up to 200 000 job opportunities on the market, which in turn gives the graduate of this program a high chance of jump starting their career.

2
Location

Poland is becoming the main European center of compliance and AML related sevices.

3
The program's partner

The program is partnered with Citibank Europe plc., which currently is one of the biggest players in the shared services industry. ing.

4
Expert knowledge and best practices

More than 25% of the curriculum is conducted by experts provided by our corporate partner.

5
Paid internships

The partner offers paid internship opportunities to the students of the program.

6
A highely practical experience

Courses are conducted mainly by practitioners with experience in many economic areas. Most of the subjects are run in the form of workshops based on real business cases. Students will also have the possibility to benefit from computer workshops using the Bloomberg and Thomson Reuters(Refinitiv) Financial Data Bases

Partner of the program
Watch a short video on the program
A word from the leader of the program
dr Błażej Podgórski

Funkcje compliance w instytucjach finansowych przez ostatnie lata przeżywały okres bardzo dynamicznego rozwoju. Powodem tego było rosnące zagrożenie przestępczością finansową i koszty społeczno-ekonomiczne związane z tą formą przestępczości. Naturalną odpowiedzią na taki stan rzeczy jest tworzenie mechanizmów kontrolnych poprzez regulatory rynków. Studia magisterskie stworzone we współpracy z Citi są odpowiedzią akademicką na zapotrzebowanie rynku na wysokiej klasy specjalistów. Program zajęć został opracowany w oparciu o pięć komponentów.

Pierwszy z nich ma charakter wprowadzający do zagadnień ekonomii oraz finansów i prawa, realizowanych w pierwszym semestrze. Drugi z zajęciami kierunkowymi obejmuje zagadnienia rozszerzające tematykę pierwszego semestru, a także zagadnienia podstawowe z zakresu monitoringu zgodności i przeciwdziałania przestępstwom. Trzeci moduł to zajęcia o charakterze specjalistycznym, który realizowany jest w trybie wieczorowym w trakcie semestrów trzeciego i czwartego. Przedostatni moduł to ośmiotygodniowa praktyka zawodowa, której realizacja zalecana jest w semestrze trzecim i czwartym. Ostatni komponent to praca dyplomowa.

Istotą kierunku jest prowadzenie części zajęć przez praktyków biznesu z zespołów z obszaru compliance, anti money laundering, know your client. Dodatkowym atutem jest możliwość podjęcia pełnopłatnych praktyk w perspektywicznym zawodzie.
 

What You Gain From Your Studies?

During your studies you will gain knowledge, skills and social competences sought after on the job market, among others in:

  • risk analysis in the area of compliance, AML and financial crime prevention
  • advice on risk interpretation
  • administration of information processing for risk assessment purposes
  • key knowledge and analytical skills training in compliance, anti-money laundering and financial crime
  • the knowledge needed to build and manage mechanisms to effectively prevent financial crime
  • knowledge of international legislation and guidelines of the European Union, the United States and the United Kingdom
Career Opportunities After Your Studies

After graduating the Master in Financial Crime Prevention program conducted in English, you can find employment in:

  • banks
  • international financial institutions
  • public listed companies
  • insurance companies
  • public sector market regulator

Examples of professions that a graduate of the program will be well prepared for:

  • Compliance Officer
  • Risk Management and Control Officer
  • KYC (Know Your Customer) Specialist
  • AML Monitoring Expert
Program structure
Courses

General Courses:

  • Introduction to Financial Markets
  • Introduction to Excel and SQL
  • Advanced Macroeconomics
  • Commercial Law
  • Microeconomics
  • Introduction to Banking
  • Tax Planning

Core Courses:

  • Compliance
  • Introduction into Finance and Accounting
  • Introduction into Reuters, Bloomberg and Other Databases
  • Communications and Negotiations
  • Advanced SQL and VBA
  • Introduction to AML and Compliance in Banking
  • Financial Crime Prevention
  • Modern Banking System
  • Development of Project Management Skills
  • Psychology of Financial Markets
  • Financial Products
  • Application of Statistics and Econometrics in R

 

  • Information Security and Cyber Security
  • Structure Framework for Investigations
  • Banking Law
  • Modern Tax Strategy
  • Ethical Issues in Finance and Accounting
  • Risk and Control
  • Financial Intelligence Challenge
  • Corporate Clients Monitoring

Elective Courses

  • Financial Scandals History
  • Preparation to ACAMS
  • Advanced AML and Compliance Risk Management
  • Dynamically Evolving Regulatory Landscape
  • Advanced AML
  • Foreign Correspondent Banking
  • Retail Clients Monitoring
  • Advanced KYC and Name Screening
  • Identity Matching
  • The Power of KYC
ALKSchool
Class Schedule
  • Full-time programs

Classes take place from Monday to Friday in the morning and in the afternoon.

Community
Program Leader
Błażej Podgórski, Ph.D.

Compliance functions in financial institutions have experienced a period of dynamic growth over the past years. The reason for this growth is the growing threat of financial crime and the socio-economic costs associated with this form of criminal activity.

A natural response to this state of affairs is to create control mechanisms through market regulators. The Master's  Program in Compliance & Crime Prevention in Business studies which we have created in cooperation with Citi Bank Europe Plc. is an academic response to the market's demand for high standard specialists. The curriculum has been designed with five modules in mind. The first one is an introduction to economics, finance and law, implemented in the first semester. The second one consists of the major courses covering expanding issues from the first semester and basic issues of compliance monitoring and crime prevention. The third module is a specialized course, which is conducted in the evening during the third and fourth semesters. The fourth module is an eight-week professional internship, which is recommended for the third and fourth semesters. The last component is the master thesis. The main objective of the program is conducting part of the courses by business practitioners from the area of Compliance, Anti-Money Loundering, and KYC (Know Your Client). An additional advantages are the possibility of undertaking a fully paid internship in the prospective profession and an additional scholarship system compensating for tuition fees in the last semester for the best students.

Błażej Podgórski, Ph.D.
Leader of the Master in Compliance & Crime Prevention in Business Program

 

Admission
Admission Requirements

ATTENTION! In accordance with the recommendations of Ministry of Health of Republic of Poland, concerning the prevention of Coronavirus spread, the University is closed until further notice. The employees of Admission Office are available during the office hours (8:30 - 16:30) via e-mail (admission@kozminski.edu.pl) or by calling +48 22 519 22 69. In urgent cases there is the possibility to schedule an individual meeting with the employees, after scheduling an appointment following this link. Admission for full-time and part-time Master programs at Kozminski University is based on 2 criteria: GPA on your previous studies and results of an online entry test. Maximum score is 100 points - 50 points for the test and 50 for GPA. Candidates who scored at least 60 points from both criteria will be qualified to the program.

Entry Test

The entry test is scheduled for 40 minutes and is meant to check the background of the candidate, analytical and logical thinking skills, as well as, possession of basic knowledge in the field, corresponding to the knowledge a Business-related Bachelor alumni should possess. Test is composed of 25 close-ended questions - 10 quantitative questions, 10 on general knowledge and current world situation and 5 on specialized knowledge in Business.

Required Documents

Application for full time and part time Master's programs at Kozminski University must include:   

  • application form - complete the form online, print and sign
  • original Bachelor/Master degree diploma or notarized copy and transcript of records (translation of the documents into Polish)
  • 1 signed passport photograph 
  • copy of the national ID or a passport 
  • CV in English
  • proof of payment of the admission fee (non-refundable)
  • certificate confirming proficiency in English
    • FCE, CAE, CPE, BEC, CEIBT issued by the University of Cambridge
    • IELTS  (at least 6.0 points, academic level)
    • TOEFL iBT (at least 87 points)
    • TOEIC (at least 700 points from the test)
    • LCCI (English for Business Level 2, 3, 4)
    • FTBE (Foundation Certificate for Teachers of Business English)
    • TELC (B2 Certificate in English)
    • Pearson certificate at least B2 level

Only candidates who scored at least 95% on the basic level or 80% in the extended level from English language at the Polish "Matura" examination, completed European Baccalaureate, completed International Baccalaureate or completed education instructed in English in one of the EU countries, Great Britain, Ireland, USA, Canada, Australia, New Zealand, can be excluded from submitting an English proficiency certificate.

Step by Step Procedures
1
Register On-Line

The admission form is available online.  

Transfer from another university  

2
Make Payment of the admission fee

The admission fee should be transferred to the Kozminski University bank account or made through the platnosci.pl system available after completing the online application form.

3
Submit Your Application

All of the required documents should be submitted in the Admissions Office (in person or via regular post).

4
Entry test

Participation in online entry test is required for all candidates. Candidates are enrolled to the test after the application is reviewed and accepted by the Admission Committee.

5
Admission decision

The decision is issued in few working days after the test is cleared. Candidates who obtained at least 60 points from both admission criteria are qualified for program. 

 

6
Signing of the contract

The final step of the admission process is signing the agreement

Additional support

In case of visa, accommodations and other daily issues please contact our Students Support and Service Center: studentsupport@kozminski.edu.pl 

Foreigners who need a visa to study in Poland are additionally required to make payment of tuition for one full year of studies before we can issue documents necessary in the visa application process i.e. invitation to come to Poland and the admission decision.

Admission commission issues a conditional acceptance letter including individual account number to which the payment should be transferred in Polish Złoty (PLN) calculated according to the exchange rates of the National Bank of Poland (www.nbp.pl). In case the candidate is denied a visa tuition is returned.

Admission fee is non-refundable.

Tuition and Fees
Master in Financial Crime Prevention - Tuition Fees
I year - tuition per semester II year - tuition per semester
Tuition per semester paid in full (PLN) 11 900 PLN 12 500 PLN
Tuition per semester in 5 installments (PLN) 5 x 2 400 PLN 5 x 2 520 PLN
Tuition per semester paid in full (EUR) 2770 EUR* 2910 EUR*
Tuition per semester in 5 installments (EUR) 5 x 560 EUR* 5 x 590 EUR*
Admission fee: 100 PLN / 24 EUR*

* Exchange rates according to NBP table of 2020-02-03: 1 EUR = 4,301 PLN PRICES IN PLN ARE APPLIED. If you pay in EURO please note that payments in EUR are recalculated into PLN according to the exchange rate of Millennium Bank based on the day of receipt of payment to the Kozminski University bank account. Check current exchange rate.  

Payment of the admission fee should be made to the following bank account:   

Name of the bank: Pekao S.A. II o/Warszawa  Address: Grzybowska 53/57,  Warszawa  Bank account number: 20 1240 1024 1111 0010 1646 0637  SWIFT code: PKOPPLPW  IBAN: PL 

Scholarships and discounts
Benefits of studying at Kozminski University