Taxation, Master of Science
The Peter J. Tobin College of Business has worked with some of the premier specialists in the field to develop an innovative graduate degree program resulting in a Master of Science in Taxation (M.S.T.). As the world of taxation becomes increasingly complex and the demand for specialists has accelerated dramatically, tax professionals are searching for a practical way to develop and enhance their skills in response to the challenge. Our tax program enables you to expand your skills and knowledge base relating to tax issues concerning federal, state and local, international, corporate, partnership, individual, and exempt organizations, as well as, estates, gifts, and trusts. You may also specialize in tax issues relating to financial institutions, financial products, employee compensation, real and intellectual property, and the practice of the tax professional.
The one-year, 31-credit, M.S.T. program provides a comprehensive and in-depth knowledge of the Internal Revenue Code, tax regulations, judicial decisions and Treasury rulings. The tax curriculum focuses on the technical area of taxation so that graduates are able to enter and advance as tax specialists in the profession of public accounting or enter corporate management in the tax area. You learn to research tax questions, develop tax-planning strategies, and facilitate tax compliance. The M.S.T. program requires a student to complete a maximum of 11 courses or 31 credits. Specifically, the curriculum is allocated into three categories: (a) four required curriculum courses for 10 credits; (b) four tax elective courses for twelve credits; and (c) three elective courses for nine credits. All courses within this rigorous program are taught by working professionals in the field. Technological tools, including on-line access to major tax services, are readily available to all students.
The M.S.T. program is offered at two of St. John's convenient locations: the Manhattan campus and the Queens campus. You may also elect to complete some of your tax course work at the St. John's campuses in Staten Island, NY, or Rome, Italy. The M.S.T. program is offered through a distance learning format. The online tax courses are of the same high caliber and as academically challenging as those taught in our classrooms. We are proud of our highly dedicated and qualified faculty composed of experienced certified public accountants (CPAs) holding J.D. and L.L.M. degrees in taxation.
Please see a list of our Accounting and Taxation faculty.
Opportunities for Accounting and Tax Professionals
The admission requirements to the M.S.T. permit you to substitute examination results in lieu of the GMAT, if you have successfully completed the uniform CPA examination or an equivalent examination. For licensed CPAs, the tax (and accounting) courses taken during your studies will fulfill your continuing professional education (CPE) requirements while you earn your graduate degree. If you have an undergraduate degree in accounting, you can use the M.S.T. degree to meet the 150-hour requirement for CPA licensing in New York State.
Concentrations and Endorsements
You may elect to focus your four electives into specialized area of tax such as international, estate planning or financial instruments or to diversify your knowledge of tax topics. In addition to allowing you to select a self-designed concentration, the M.S.T. enables you to select from concentrations, such as, corporate and partnership tax planning; international tax planning; individual tax planning; state and local tax planning; and specialized industry tax planning. The M.S.T. program holds separate accounting accreditation awarded by AACSB-International - The Association to Advance Collegiate Schools of Business.
Other Graduate Programs
You may combine an M.S.T. with the M.B.A. in Accounting. By combining programs, you can reduce the total number of courses required for each degree. Other graduate programs offered by the Department of Accounting and Taxation include a Master of Science in Accounting (M.S.A.), the Master of Science in Advisory and Assurance Services, the Master of Science in Enterprise Risk Management, and the Master of Business Administration in Accounting. In conjunction with the School of Law we offer special combined degree programs leading to a Juris Doctor (J.D.) degree and an M.S.A. degree, or alternatively a J.D. degree and an M.B.A. degree in accounting.
A. Required: – 10 credits
|TAX 600 Tax Research and Writing||1||TAX 612 Partnerships and Partners||3|
|TAX 603 Corporate Taxation||3||TAX 691 Research Project||3|
B. Elective (Select Four): – 12 credits
|TAX 605 Internship in Taxation||3||TAX 656 European Union Direct (Income) Taxation||3|
|TAX 610 Individual Tax Planning||3||TAX 657 European Union Indirect Taxation||3|
|TAX 611 Tax Planning for High Net-Worth Individuals||3||TAX 661 Compensation, Benefit and Retirement Plans||3|
|TAX 621 Estates and Gifts||3||TAX 662 Real Estate||3|
|TAX 622 Income Taxation of Trusts and Estates||3||TAX 663 Financial Products||3|
|TAX 631 Corporate Distributions, Liquidations and Reorganizations||3||TAX 664 Intellectual Property||3|
|TAX 632 Consolidated Federal Income Tax Returns||3||TAX 671 Taxation-Related Issues for Tax-Exempt Institutions||3|
|TAX 641 Interstate Commerce||3||TAX 672 Specialized Industries||3|
|TAX 642 Sales, Use and Property Taxation||3||TAX 674 Depository and Lending Institutions I||3|
|TAX 643 State and Local Income Taxation||3||TAX 675 Depository and Lending Institutions II||3|
|TAX 651 International Taxation I||3||TAX 676 Insurance Companies I||3|
|TAX 652 International Taxation II||3||TAX 677 Insurance Companies II||3|
|TAX 653 Global Taxation Systems||3||TAX 681 Tax Accounting||3|
|TAX 654 Transfer Pricing||3||TAX 682 Special Topics in Taxation||3|
|TAX 655 Tax Planning for European Union Member Country||3||TAX 683 Practice and Procedure||3|
II. General Electives
Three Graduate Elective Courses: - 9 credits
The student may select three 600 level courses (i.e., nine credits) to advance their studies in taxation or to explore specialized accounting or other business area(s).
Earn Your Degree Online
Pursue your St. John’s degree entirely on your computer. Our fully accredited Online Learning programs uphold the same high- quality academic standards that students experience on campus while allowing the convenience of taking courses electronically. Professors deliver lectures and post assignments via Blackboard, our electronic course management system. Students use it to attend virtual classes, share documents, take exams, and exchange ideas with faculty and classmates.
A Full Academic Experience
You also enjoy the outstanding resources available to all St. John’s students, including:
- Eligibility for scholarships and financial aid
- Tuition and fees identical to those for on-campus courses
- Access to library collections, career services, mentoring, and other academic resources
Contact us for more information about online learning at St. John’s.