PhilaUCatalogHeader.png

Taxation (M.S.)

Program Description

Program Director:  John Grigsby

The M.S. in Taxation is geared to practicing accountants in the fields of public, corporate and governmental accounting, and to lawyers, financial managers and planners who need extensive information and formal study in taxation. The program is practitioner-focused and is strongly linked to business practice. Outstanding faculty members bring the highest level of expertise into the classroom.

Students select courses from an innovative and state-of-the-art curriculum. Computer applications are integrated in the total curriculum where appropriate. All courses are taught based on the most up-to-date tax laws, and the implications of proposed changes in tax legislation are discussed.

Students may take courses toward the degree or as Continuing Professional Education (CPE) credits to meet bi-annual state CPE requirements to maintain their CPA license or to enhance their expertise in a specific topic.

Program Learning Outcomes 

Students will be able to:
  • Evaluate and apply fundamental accounting and tax principles, concepts and laws to a variety of business and non-business situations.
  • Demonstrate an understanding of professional responsibilities and ethical decision making in accounting and tax settings.
  • Master the ability to communicate in a clear, concise and effective manner in both written and oral form.
  • Demonstrate the ability to efficiently and effectively research and resolve complex tax issues by analyzing tax codes, regulations, rulings and interpretations.
  • Blend knowledge and skill sets from different disciplinary areas to develop effective business, tax and financial strategies.
Course Requirements

The M.S. Taxation program varies from 30 credits to 34.5 credits.  Most students receive some measure of Advanced Standing at the point of admission based on prior learning, experience and demonstrated skills or competencies. Students without business backgrounds take business essentials courses (indicated by an * below) so they can learn and participate at the same high level as those with existing knowledge. The business essentials courses are assigned in consultation with the program director. Please consult the program director in order to determine your individual course sequence and credit length.

Core Curriculum

  • iMBF-503*    Foundations of Economic Analysis                 (3 credits)
  • iMBF-504*    Introduction to Financial and Managerial Accounting         (1.5 credits)
  • iMB-511*    Decision-Making in the Legal Environment of Business        (3 credits)
  • TAX-660    Individual Taxation and Planning                (3 credits)
  • TAX-662    Corporation Taxation and Planning                (3 credit)
  • TAX-664    Tax Research and Professional Responsibilities            (3 credits)
  • TAX-765    Taxation of Flow-Through Entities                 (3 credits)
  • TAX-793    State and Local Taxation and Planning                 (3 credits)
  • TAX-795    Estate Planning and Taxation                    (3 credits)
  • Electives    Four, 3 credits Taxation Electives                (12 credits)

TOTAL CREDIT HOURS: 30 to 34.5

*Qualified students may receive Advanced Standing waivers for these courses based on prior learning, experience and demonstrated skills or competencies.