Jan 16, 2019  
2018-2019 Graduate Catalog 
    
2018-2019 Graduate Catalog

Master of Science in Taxation


Department of Accountancy

The M.S.T. program provides advanced study in taxation to prepare students for the challenges of the practice of professional taxation. The program is designed to meet the needs of working professionals who desire to earn the degree while continuing to work full time. The program provides opportunities to develop knowledge related to federal, state, and local, and international tax laws. The program also focuses on the development of communication, research, and technology skills and an understanding of ethical issues and expectations of the business community and regulators for professional conduct.

Master of Science in Taxation Learning Goals and Objectives

Graduates from the NIU Department of Accountancy Master of Science in Taxation program will fulfill the following learning goals and objectives.

Learning Goal 1: Integrate and apply knowledge of primary tax authority.

Learning Objective 1: Demonstrate knowledge of primary authority and apply this knowledge to answer tax questions for various taxpayers and transactions.
Learning Objective 2: Research solutions for tax issues using appropriate primary authority.
Learning Objective 3: Communicate tax solutions and recommendations in a professional manner.
Learning Objective 4: Prepare tax returns and other filings to comply with stipulated reporting requirements.

Learning Goal 2: Evaluate ethical business practices.

Learning Objective 5: Apply relevant professional standards and codes of conduct to resolve ethical tax dilemmas.

Admission

An applicant is required to have a baccalaureate degree or a master’s degree from an accredited institution with at least 15 semester hours in accounting (including a course equivalent to ACCY 450) or department approval (prior work experience will be given consideration); or a law degree (J.D.) from an institution accredited by the American Bar Association (ABA).

If applicants do not have a law degree from an ABA-accredited institution or a graduate business degree from an AACSB-accredited institution, they must have a minimum GPA of 2.75 (on a 4.00 scale) in the last 60 semester hours of the baccalaureate program or a minimum cumulative GPA of 2.75 (on a 4.00 scale) at the baccalaureate institution. These applicants must also present satisfactory scores on the GMAT or LSAT unless they have passed all parts of the C.P.A. examination (applicants must attach appropriate documentation to their application materials).

Transfer Credit

The total semester hours accepted in transfer from accredited institutions may not exceed 9 semester hours.