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Hi,
Forensic science has no relation with Investment banking from any aspect. Forensic Science is the application of scientific methodologies (chemistry, biology, physics, geology, psychology, social science and engineering) and technical analytical skills to investigate criminal to legal problems. It is used every around the world to protect public health, to enforce criminal laws and regulations and to resolve civil disputes.
However, it seems like you have gotten confused with Forensic Accounting which utilizes accounting, auditing and investigative skills to conduct an examination into a company's financial statements. It provides an accounting analysis suitable for court. Forensic accountants are trained to look beyond the numbers and deal with the business reality of a situation. They are frequently used in fraud cases.
To answer your question forensic accounting is related to investment banking in the way that large investment bankers like Morgan Stanley, Goldman Sachs hire forensic accountants to assist them in financial complicated transactions like mergers, sale and company valuation.
Forensic accountants analyze, interpret and summarize complex financial and business matters. They may be employed by insurance companies, banks, police forces, government agencies or public accounting firms. Forensic accountants compile financial evidence, develop computer applications to manage the information collected and communicate their findings in the form of reports or presentations.
Courses available:
- Post Graduate Diploma in Forensic Accounting
- Certificate Course in Forensic Accounting Professional
- Certified Anti-Money laundering Expert
- Certified Bank Forensic Accounting
- Certified Vigilance and Investigation Expert
Qualification required:
In order to be a Certified Forensic Accountant one must meet the following criteria:
- Graduate Degree from a recognised university.
- Professional experience of at least three years (CA articleship allowed).
- Pass the CFAP examination conducted by India Forensic and Moderated under the bylaws of Forensic Accounting Research Foundation with at least 75% marks.
Some good institutes:
- The Institute of Chartered Accountants of India, New Delhi (Delhi)
- The Institute of Chartered Financial Analysts of India University (I.C.F.A.I.), West Tripura (Tripura)
- India Forensic, Pune