Data analytics Foundation Course (e-Data Analytics)

Module details

Cifas Member's Discounted Price: £383

This foundation level course is ideal for those wishing to start out in the arena of data analysis in fraud prevention or investigation, or who have roles or responsibilities that require the ability to understand fraud in data and carry out investigative data analysis. Examples of the latter might be detecting changes in customer registration patterns that indicate fraud.

Foundation

• You’ll understand how data analytics fits into fraud investigations.
• You’ll gain a strong foundation of using Microsoft Excel for investigative work.
• You will understand how to prepare and clean your data for analysis.
• You’ll learn how to conduct sampling in a professional manner.

Analysis

• You will learn how to conduct broad analysis for inconsistencies that can signal fraud, such as non-random patterns and duplication.
• You will gain an understanding of detection methodologies such as Benford Analysis, the Luhn Algorithm and Relative Size Factoring.
• You will drill down into the data using outlier analysis to detect anomalies in the data which can point to fraud.

Reporting

• You will learn how to record your findings in an effective manner.
• You will develop methodologies of charting and displaying your data for use in counter-fraud investigations.
• You will understand how to present your analysis in a professional report for wider dissemination.