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Taxation, Master of Science

Department of Accountancy

Overview

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.).  

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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 in federal, state and local taxation, encompassing individuals, corporations, partnerships, estate and gift tax, real estate, financial products, mergers and acquisitions, practice and procedure, and foreign tax. There is a special emphasis on developing research and writing skills.

The 31-credit M.S.T. program, offered on campus and online, provides a comprehensive knowledge of the Internal Revenue Code, and administrative regulations and rulings. The tax curriculum equips graduates to enter and/or advance as tax specialists in the profession of public and private accounting, and to serve in management positions. You learn to think as a tax professional and to plan strategies, conduct research, perform compliance, and communicate your findings. 

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:

  • Five required curriculum courses for 13 credits;
  • Four tax elective courses for 12 credits; and
  • Three elective courses for nine credits.

Technological tools, including online access to major tax services, are readily available to all students.

The M.S.T. program is offered at our 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 also offered through a distance learning format. The online tax courses are of the same high caliber and are as academically challenging as those taught in our classrooms. Our highly dedicated and qualified faculty includes experienced Certified Public Accountants (CPAs) who hold J.D. and L.L.M. degrees in taxation.

Department Faculty

Please see a list of our Accountancy faculty specializing in taxation.

Courses

I. Curriculum

A. Required: 13 credits

TAX 600 Tax Research and Writing1TAX 612 Partnerships and Partners3 
TAX 603 Corporate Taxation3TAX 683 Practice and Procedure3 
  TAX 691 Research Project3 

B. Elective (Select Four): 9 credits

TAX 605 Internship in Taxation3TAX 651 International Taxation I3
TAX 610 Individual Tax Planning3TAX 653 Global Taxation Systems3
TAX 611 Tax Planning for High Net-Worth Individuals3TAX 662 Real Estate3
TAX 621 Estates and Gifts3TAX 663 Financial Products3
TAX 631 Corporate Distributions, Liquidations and Reorganizations3TAX 681 Tax Accounting3
TAX 643 State and Local Income Taxation3TAX 682 Special Topics in Taxation3

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).

Admission

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.

Application Requirements
All applicants must possess a baccalaureate degree from an accredited institution or the international equivalent prior to enrollment at the graduate level.

In addition to the application form and non-refundable application fee candidates should submit the following:

  • Statement of professional goals and resume which can be uploaded as part of the  application for admission
  • Official transcripts from all undergraduate, graduate and professional schools attended. International Applicants to programs in Accounting and Taxation must have a Graduate Admissions evaluation completed by AEQUO.
  • Official GMAT or GRE scores, taken within the last five years*
  • Two letters of recommendation, obtained from professional or academic references
  • Official TOEFL or IELTS scores are required for applicants whose native language is not English

*MS applicants may be eligible for a GMAT/GRE waiver with a cumulative 3.25 GPA or higher.  To be considered for the waiver, please submit the online application, all transcripts, and resume. International Students should also submit the foreign credit evaluation and TOEFL/IELTS scores.  Once complete, please email [email protected] to request waiver consideration.

The Peter J. Tobin College of Business
Office of Graduate Admission
8000 Utopia Parkway
Queens, NY 11439
718-990-1345
[email protected]

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 dual 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.

Online Learning

Earn Your Degree Online
Pursue your St. John’s M.S.T. degree entirely online. 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 and asynchronously. 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; and
  • Access to library collections, career services, mentoring, and other academic resources.

Click here more information about the Online M.S. in Taxation at St. John's.

Contact Us

Mark Aquilio, J.D., L.L.M.

Professor of Accountancy

For additional information on the Master of Science in Taxation, please contact the faculty program director:

Tobin 426
718-990-7426
[email protected]