Financial Security, Compliance, and Risk Mitigation (FSCRM): Fully Online Diploma
Be the expert who sees the pattern first. Train to become a financial crimes investigator, fully online, no prior degree required.
68 weeks | 1,360 hours | Fully online, self-paced | No prior degree required
Program Overview
What Is the FSCRM Diploma?
Financial Security, Compliance, and Risk Mitigation (FSCRM) is a fully online diploma that trains you to investigate and prevent financial crime, including money laundering, fraud, and cybercrime, inside banks, insurers, regulators, and corporate compliance teams.
Length
68 weeks (1,360 hours)
Delivery
Fully online, asynchronous, self-paced
Admission
Open admission, no prior degree required (OSSD or Wonderlic SLE Q-17)
Who it’s for
People who want to move into a compliance or investigative role, and career switchers.
In this program, you’ll graduate able to work across anti-money laundering, privacy and data protection, fraud prevention, and regulatory reporting.
68 Weeks
1,360 hours, fully online and self-paced
13 Courses
Across 8 focus areas of financial crime prevention
$72,000
Median pay for related compliance roles in Toronto (Job Bank – NOC 11109)
No Degree
Open admission — OSSD or Wonderlic SLE Q-17
Why This Program And Why Now?
In 2025, Canadians reported $704 million lost to fraud (Investment Executive, 2025). Anonymous companies are estimated to launder C$113 billion through Canada every year (Reuters/CISC).
In October 2025, a crypto dealer was hit with a record C$176.9 million anti-money laundering penalty (Reuters), and Canada is now building its first federal Financial Crimes Agency (Department of Finance).
Meanwhile, the workforce meant to catch these fraudulent activities is getting older. Nearly a third (32%) of Canada’s anti-money laundering workforce is 50 or older. This tells you that there is a gap between rising financial crime and a workforce that needs constant renewal, which means a demand to replace retiring workers.
Source: Job Bank
What You’ll Study: The Full Curriculum
This program covers the complete discipline of financial crime prevention, across 8 focus areas: regulatory foundations, anti-money laundering, privacy and data protection, fraud and risk, anti-corruption, financial forensics, cybersecurity, and advanced regulatory compliance.
It contains a total of 13 courses, building from foundational knowledge to a capstone that proves you can apply it.
FOUNDATIONS
- Canadian Financial and Regulatory Environment
- Financial Security Fundamentals
- Regulatory Compliance
CORE CRIMES & COMPLIANCE
- Anti-Money Laundering Principles
- Anti-Money Laundering Investigations
- Privacy and Data Protection
- Risk and Fraud Prevention
- Anti-Corruption and Bribery
- Financial Crimes and Forensics
- Cybersecurity
- Regulatory Reporting
- Advanced Financial Risk (Basel III / OSFI E-20)
CAPSTONE AND CERTIFICATION
- Capstone Project
- CIPP/C Exam Prep
What You’ll Leave With
You’ll graduate with a capstone project that gives employers tangible proof of what you can do, not just a transcript.
Your privacy and data protection coursework makes you eligible to sit the CIPP/C (Certified Information Privacy Professional/Canada), the credential recognized by the IAPP (International Association of Privacy Professionals).
The program also builds the foundation to pursue further financial-crime certifications like Certified Anti-Money Laundering Specialist (CAMS) or Certified Financial Crime Specialist (CFCS), giving you a good start toward achieving those credentials.
Graduates are prepared for roles including:
- Compliance Administrator/Analyst
- AML Investigator/Analyst
- Privacy Officer
- Regulatory Reporting Associate
- Risk and Fraud Prevention Specialist
*Note: These roles exist across banks, credit unions, insurers, government regulators, consulting firms, and corporate compliance teams.
Why Choose Oxford College?
Here is what Oxford College brings to your training:
Career-Focused Education
All of the diploma programs are designed for long-term careers in high-growth industries, offering you a superior fast-track education.
Expert instructors
Our faculty consists of experienced and well-trained staff, who will give you industry- relevant knowledge along with your career training.
Industry-Informed Curriculum
The program is informed by a subject-matter expert who has held senior risk roles, including VP-level credit risk modelling, at major Canadian and international banks.
Capstone Portfolio
You graduate with a capstone project applying what you’ve learned to a real compliance or risk challenge — tangible proof employers want to see.
Flexible Start Dates
Flexible program start dates allow you to plan and begin your new career training at any time.
Financial Aid
Financial Aid may be available to those who qualify. We have dedicated staff who can assist you with the Financial Aid process.
How We Compare
Financial crime training exists in a few different forms. Here’s how Oxford College differs by category, not by name.
| Oxford College | Other Career Colleges | Online Certificates | |
|---|---|---|---|
| Delivery | Fully online, self-paced | On-campus, fixed schedule | Online |
| Admission | Open (OSSD or Wonderlic) | Often requires a prior degree | Open |
| Breadth | Complete discipline (8 focus areas) | Broad | Single slice (e.g. AML only) |
| Proof of skill | Capstone portfolio | Varies | Certificate only |
Our program is built for people who want the complete discipline and who need to study on their own schedule around a job.
It’s the most comprehensive path to becoming a financial crimes investigator available fully online, with no prior degree required.
Admissions and What to Expect
Our program is open admission. You’ll need an Ontario Secondary School Diploma (OSSD), or you can qualify through the Wonderlic SLE Q-17 if you don’t have one. No prior degree is required.
The program is fully online and self-paced, so you can work through it around a full-time job or other commitments. Over 68 weeks (1,360 hours), you’ll move through the foundations, core coursework, and a final capstone project.
There’s no in-person placement component. Instead, your capstone project is where you apply what you’ve learned to a real, substantial piece of work, the kind of proof employers actually want to see.
Tuition and What It Can Mean for You
Tuition:
$25,000
Books:
$1,500
Fees:
$780
Total Cost:
$27,280
The all-in cost of FSCRM is $27,280: $25,000 tuition, $1,500 for books, and $780 in fees.
To put that in context: the median pay for related roles (National Occupational Classification (NOC) 11109, Toronto region) is $34.62/hour, or roughly $72,000/year full-time (Job Bank).
That means the all-in cost of the program is about 38% of one year’s median pay, and could be recovered in roughly 4.5 months of gross median earnings, based on personal circumstances.
That’s a projection based on gross, pre-tax income at the median wage for an experienced professional in the role. Your actual pay will depend on your role, location, employer, and experience.
Frequently Asked Questions
Personalized, Lifelong Career Support
At Oxford College, our support does not end when you graduate. Our Career Service Advisors will keep working with you after you earn your diploma, helping you build your career path for the long term.
Ready to Take the Next Step?
Fill out the form, and a Program Advisor will be in touch within one business day.
Your advisor will walk you through the program, your eligibility, available start dates, and financial aid options. There is no commitment at this stage, just a conversation.
Speak with an advisor now: call 1-866-918-0657
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