United States Doctorate in Taxation Programs Overview
While there are no exact PhD in Taxation programs, students who are interested in studying taxation at the doctorate level may find relevant courses available in either a Doctor of Business Administration or a Ph.D. in Accounting program, as these programs may offer specific graduate education in the field of taxation. From tax law to corporate taxation, tax planning to estates and trusts, a Doctorate in Taxation prepares professionals to provide management and tax advice both to corporations and individuals.
The typical prerequisite for a doctorate in taxation is a master’s degree. A common master's degree that functions as a precursor to a Ph.D. in Accounting is the Masters of Business Administration (MBA). Students are usually required to complete a dissertation, which is usually subject to faculty review and published when it is complete. Prospective students are expected to have an understanding of upper-level mathematics, including calculus, statistics, analysis and probability.
Which PhD Program in Taxation is Right For You?
While online learning may be an option for doctoral programs in accounting or business, there may be fewer distance-learning options for a PhD in Taxation. Nonetheless, some PhD programs allow students to set their own pace. If you do prefer an online program, GradSchools.com has a directory of online PhD in Accounting and DBA in Accounting programs that may offer specialization in Taxation, and it may be worth looking into.
For a PhD in Accounting –Taxation, students should look for business graduate schools that have been accredited by the Association to Advance Collegiate Schools of Business (AACSB) or other recognized bodies.
Doctor of Taxation: Potential Curriculum
Ph.D. programs in Taxation are rigorous and help graduate students develop the research and critical thinking skills necessary to address current and future issues in the field. The many changes to state and federal regulations make the work of taxation specialists even more crucial for growing businesses.
Much of the work conducted in a doctoral program in accounting is performed individually and pertains to specific research. Some doctorate programs study the relationship between regular accounting methods and financial reporting, taxation, finance, decision theory and statistical data.
Subjects can vary greatly in scope, depending on the school, however students might expect to study subjects such as:
- The effect of tax-induced incentives on corporations and organizations
- The economic impact of federal regulations on accounting information
- Global business strategy and international tax agreements.
- Financial reporting
- Accounting research
- Research models
- Information economics in accounting
- Empirical methodology
Potential Careers for Doctorate in Taxation Graduates
Graduates of doctoral programs in accounting might enter positions in:
- Tax Accounting
- Financial analyst
- Chief Financial Officer
- Financial Advisor
Ready to Pursue a Doctorate in Taxation?
While advanced degrees do not guarantee success, the foundation of leadership and analysis cultivated by earning a PhD in Taxation may pave the way for either moving up the ladder in a current work situation or opening up to potential new roles. Why not review your options on GradSchools.com today!
Sources: bls.gov/ooh/management/top-executives.htm | bls.gov/ooh/education-training-and-library/postsecondary-teachers.htm | bls.gov/ooh/business-and-financial/accountants-and-auditors.htm | bls.gov/ooh/business-and-financial/personal-financial-advisors.htm | bls.gov/ooh/business-and-financial/financial-analysts