Master of Leadership and Management (specialization in Financial Integrity)

The course will begin with a basic orientation to a Master of Leadership and Management course, and follow with faculty presentations on research, writing, and plagiarism.  Next, the course will provide an overview of how money is “moved” and why, and the basics of the laundering of criminal proceeds.  Next, it introduces the Financial Action Task Force (FATF) and its history.  Next, it addresses the entire system of global antimony laundering and combatting the financing of terrorism and proliferation policies and practices—that is, what constitutes “financial integrity.”

The purpose of this introductory course is to cover the basics of these policies and procedures and, most importantly, how they fit together to form a comprehensive program. Each will be examined in depth in the remailing courses in the Master of Arts program.  Simulations are a key part of the course and will be distributed before class. 

This seminar will examine in detail measures that banks and other financial institutions are required to implement as financial integrity preventive measures. It will begin by putting AML/CFT regulation and supervision into the context of general financial institution regulation and supervision other than anti-money laundering, all of which had predated AML/CFT requirements. It will then turn to issues in risk analysis and risk management. Team simulations are a key part of the course and will be distributed before class. 

This course covers the basics of financial integrity regulation and supervision covering FATF Recommendations 9 through 23, including customer due diligence (customer identification including beneficial owner, understanding the nature of the business relationship, creating a business and risk profile, source of funds, ongoing due diligence, acceptance and account cancellation, transaction monitoring, possible STR filing).  It also covers record keeping, politically exposed persons, suspicious transaction report preparation and filing, and internal controls, including independent testing. Team simulations are a key part of the course and will be distributed before class. 

This course continues the examination of preventive measures by examining targeted financial sanctions, the role of the Office of Foreign Asset Control (OFAC) and the creation and implementation of an effective preventive measures compliance program, including a review of requirements for AML/CFT programs, policies, procedures and internal controls, the designation of an AML compliance officer, training of appropriate officers and employees, and an independent AML audit. It will then turn to common deficiencies in such programs at every level across a variety of financial institutions and sectors. Finally, it will examine in depth the case of trade-based money laundering. Team simulations are a key part of the course and will be distributed before class. 

This course covers the rise of new technologies and the effects they are having on AML/CFT/Sanctions. Students will study cryptocurrencies, initial coin offerings, crypto asset-backed offerings, and blockchain.  Students will study compliance issues that arise with the advent of new technologies and the growing reliance on technology in operational execution of AML/CFT/Sanctions programs.

This course begins with an overview of the basics of the crime of money laundering and terrorism finance.  It then reviews the role regulatory agencies, financial intelligence units (FIUs), and law enforcement agencies (LEAs) involved in the commencement of an investigation, the investigation itself, and prosecution of financial integrity crimes including the use of civil process. The course concludes with discussions of cases. Team simulations are a key part of the course and will be distributed before class. 

This course investigates why and how individual instances of money laundering and terrorism financing frequently trigger the need for multi-jurisdictional cooperation and assistance.  To investigate and prosecute such cases effectively, national government authorities must request and provide information and evidence of illegal activity to the authorities of other nations.  Procedures for such international cooperation can be complex, but their effective implementation is essential for curbing transnational money laundering and terrorism financing. While there is considerable domestic law and treaty provisions with respect to these matters, effective implementation often relies on informal means.   

Key to the effective implementation of multijurisdictional law enforcement are both extradition of criminal suspects and the recovery of criminal proceeds, the instrumentalities of crime, and assets for the financing of terrorism.  Implementing these two essential elements of international cooperation in criminal and civil matters can be quite complex and bureaucratic, with fine attention necessary for each required element.   

This dynamic and interactive course provides managers with an effective framework for achieving their goals in global management settings. Assists students to prepare for and execute time-tested strategies for achieving communication competence with persons from different cultures. Also covers negotiating in the global context. Not only examines theories of culture and communications, but also places students in an experiential situation to gain valuable skills for overcoming obstacles in global management environments. Through use of cases, multicultural team exercises, student negotiation exercises and simulations, equips the global manager with tools to solve problems and take advantage of opportunities in a multicultural world.

Focuses on choices that have an impact on the performance of the entire organization or business start up. Includes the problems faced by, and the decisions made by, executive leaders who have to balance the needs and expectations of stakeholders including customers, shareholders and employees with the requirements of local country practices and government regulations. Analyzes problems and decisions from the point of view of the founder, general manager or chief executive who has responsibility for the welfare of the entire organization. By focusing on policy decisions, concerns the choice of goals as well as the organization; management and deployment of scarce resources to pursue these goals within the context of an imperfect, changing and competitive world.

Scholarships are available based on merit, financial need, GPA, GRE/GMAT scores (if applicable), and international experience. Learn more below.

ADDITIONAL FUNDING OPTIONS

Admission requirements of the MLM:FI include:

• Resume/CV documenting work experience
• Proof of English proficiency if you did not graduate from an English-speaking university in a native English-speaking country (TOEFL of 80, IELTS of 6.5, Pearson Test of English of 60, Duolingo 105)
• Official transcripts from all previously attended undergraduate and graduate institutions, validating the completion of a four-year bachelor's degree. Sent directly to the Graduate Admission Services department at ASU.

• Work experience: At least two years of work experience is preferred.

Transcripts for graduate admissions must be sent directly to the Graduate Admissions Services department at the main Arizona State University campus. To expedite the processing of your application, please write your application reference number on all documents and envelopes submitted to ASU. Materials submitted without your application reference number will delay the processing of your application.

Applicants are required to meet certain English proficiency standards for acceptance. If your English proficiency scores are below acceptance standards, you may be required to take pre-degree English instruction to ensure you meet the level of English proficiency needed to succeed in your graduate studies. Learn more. View the minimum and direct entry scores here.