Masters in Taxation Schools and on Campus Programs
Masters in Taxation Schools provide campus graduate programs designed to offer students seeking a career as a tax specialist a comprehensive education. If you have an undergraduate degree in accounting, a Master of Science in Taxation may offer you more in-depth professional procedures, keep you current with the latest tax software or help you fine-tune your skills to offer a possible boost to an ongoing career. With globalization, economic growth and increasingly complex tax and regulatory environments, the need for properly trained tax professionals is growing, with an anticipated 11% projected increase in employment anticipated between 2014 and 2024.[i] so why not consider a Masters in Taxation to meet this trend head on!
Advantages of earning a Masters in Taxation on-Campus
A masters in taxation on campus program offers hands-on learning experience with the opportunity to cultivate new networks and interact with faculty. Many students actually study better in group environments where they might be able to interchange ideas with fellow classmates. Also, being on campus means you get access to the facilities and student services.
Whereas typically online programs are known for convenience, many on campus programs hold classes on weekends or evenings, and do not schedule courses during the heavy tax season in order to accommodate busy working professionals.
If this sounds right for you, use the location settings on GradSchools.com to find a college or university in the city, state or country of your preference. In general, Masters of Science in Taxation programs take from 7 months in an accelerated program to 2 years to complete, and may require students to possess a Bachelor's degree and a background in business, finance or accounting. An internship may also be required; make sure to request information from the school in consideration.
Some of the options you might find may include Master of Science in Taxation and MS in Accounting –Tax Specialization. Many programs are designed for currently practicing accountants, lawyers, financial managers and planners who need extensive information and formal study in taxation. Other programs prepare students to become tax advisors and may have a different curriculum
Will Earning a Masters in Taxation Pay Off?
If you anticipate working in finance, some higher-level jobs may require a master’s degree in business administration or in finance. The Financial Industry Regulatory Authority (FINRA) is the central licensing organization for the securities industry, and it requires licenses for many financial analyst positions.[ii]
If you aspire to work as a tax accountant, many employers also favor candidates who have a master’s degree, either in accounting or in business administration with a concentration in accounting, and those have a Certified Public Accountant (CPA) license.
Potential Coursework in MS Taxation Campus Programs
Some of the main taxation issues that students might explore might include:
- Determination of taxable income
- Determining the applicable tax rate
- Structuring tax shelter
- Capturing taxable transactions
- Recording appropriate deductions
- Computing deferred tax credits and liabilities.
Coursework may vary depending on any specialization in taxation that students take such as:
- Financial planning
- Strategic tax planning
- Retirement planning
- Estate planning /gift taxation
- Bankruptcy tax
Most programs offer core courses in topics such as:
- Tax research
- Tax law
- Tax theory
- Federal and international taxation
- Corporate and partnership taxation
- Taxation of individuals
- Business expenses, deductions and credits
- State and local estate and gift taxation
Ready to Pursue a Master of Science in Taxation?
Ideally, if you plan to work as a tax professional, you are proficient in mathematics, are detail oriented and organized. Many tax accountants work with clients and need both an analytical mind and good communication skills. With these qualities and a degree from a Masters in Taxation on campus program, continued success may be your dividend; review campuses on GradSchools.com today!
Sources: [i] bls.gov/ooh/business-and-financial/accountants-and-auditors.htm | [ii] bls.gov/ooh/business-and-financial/financial-analysts.htm | bls.gov/ooh/business-and-financial/accountants-and-auditors.htm
- West Hartford, CTWest Hartford, CT
University of Hartford
The MSAT program is designed for students who seek to develop or advance a career in professional accounting or taxation in industry, public accounting, government, or not-for-profit organizations.
- San Luis Obispo, CASan Luis Obispo, CA
California State University, Cal Poly
Masters of Science in Taxation prepares graduates for careers in public accounting, industry and government...
- South Orange, NJSouth Orange, NJ
Seton Hall University
MS program focuses on one specific field requiring the support of "re-tooled" managers with updated skills and information in their respective areas.
- Philadelphia, PAPhiladelphia, PA
Jefferson (Philadelphia University + Thomas Jefferson University)
he M.S. in Taxation program is geared toward practicing accountants in the fields of public, corporate, and governmental accounting as well as lawyers, financial managers and planners who need extensive information and formal study.
- Taejon, KoreaTaejon, Korea
Chungnam National University
- Bronx, NYBronx, NY
Full and part-time programs are offered at both New York campuses: Lincoln Center, Manhattan and Tarrytown, Westchester Anderson University...
- Albany, NYAlbany, NY
University At Albany (S.U.N.Y.)
Concentrations in;Methodology of Tax ResearchInternational and Domestic Tax Planning Problems...
- Atlanta, GAAtlanta, GA
Georgia State University
- Boise, IDBoise, ID
Boise State University
The primary role of the program is to prepare students for careers in public accounting as certified public accountants. The program focuses on the au...
- Orlando, FLOrlando, FL
University of Central Florida
The Master of Science in Taxation degree program is designed to prepare individuals for careers as Tax Professionals and Tax Consultants in public pra...
- Charlottesville, VACharlottesville, VA
University of Virginia
The M.S. in Accounting program is a one-year, 30-credit-hour program that allows you to specialize...
- Fullerton, CAFullerton, CA
California State University, Fullerton
An evening program designed for the fully employed student.
- Jacksonville, FLJacksonville, FL
University of North Florida
The MACC program at UNF places utmost importance on reflecting accounting as a modern profession, and the accountant as a modern professional.
- Pensacola, FLPensacola, FL
University of West Florida
The Department of Accounting & Finance offers a program of studies leading to a Master of Accountancy (M.Acc.) degree. The purpose of this program is to develop the graduate's conceptual understanding of current and emerging technical issues facing the...
- Provo, UTProvo, UT
Brigham Young University
- Louisville, KYLouisville, KY
Our MST program is highly focused and practice-oriented, dedicated exclusively to the study of taxation.
- Chicago, ILChicago, IL
Northwestern University School of Continuing Studies
Given the increasing trend toward specialization and the growing complexity of tax law, the need for in-depth education in all aspects of federal and...
- Hempstead, NYHempstead, NY
Master's programs in Taxation expose students to innovative strategies, group interaction, and simulated business situations.
- Waltham, MAWaltham, MA
The Master of Science in Taxation (MST) program answers the call for professionals who understand not only current tax law but the larger forces that drive regulation.Nationally prominent and highly respected, the MST prepares students to be professiona...
- New York City, NYNew York City, NY
Baruch College, City University Of New York
The Zicklin School of Business offers an array of premier graduate business degree programs in New York City...
- Springfield, MASpringfield, MA
American International College
The MSAT at AIC has been designed to make you highly knowledgeable in the latest developments in both accounting and taxation - unlike most other prog...
- Tuscaloosa, ALTuscaloosa, AL
University of Alabama
The Master of Tax Accounting degree program takes a multi-dimensional approach to educating the modern tax specialist.