Master in Science Taxation
In collaboration with the University of Baltimore School of Law
Since its inception in 1987, hundreds of professionals have benefited from the advanced tax training provided by this graduate program, the first and only one of its kind in Maryland.
The Master of Science in Taxation program was created in response to the increasing complexity of the field and its critical impact on the effective management of business, financial, industrial, governmental and nonprofit organizations. The program not only prepares students for careers as professional tax advisers, but also sharpens their knowledge and skills through a sophisticated, challenging educational environment. Our students benefit from the caliber of their classmates, most of whom are working professionals seeking career enhancement or advancement. The courses are geared toward tax advisers in the legal and accounting professions and those who are involved in developing fiscal policy and managing public and nonprofit organizations.
The Master of Science in Taxation program, when combined with an undergraduate degree in accounting, can fulfill the 150 hours of education required to sit for the Uniform Certified Public Accountant Examination in Maryland.
ENHANCE YOUR CAREER.
With this degree, you will be able to respond to the increasing complexity of the field of taxation and its critical impact on the effective management of business, financial, industrial, governmental and nonprofit organizations. The program trains competent tax specialists to serve the needs of Maryland’s legal, accounting and business communities and provides you with:
• a solid knowledge base in federal tax law, including an understanding of tax policies and principles
• skills to understand and analyze complex tax statutes, tax regulations and related cases and rulings
• techniques for analyzing and resolving issues involving federal tax law, including identifying problems, researching and locating relevant law, and applying the legal rules to facts to arrive at conclusions
• the ability to communicate effectively, both in writing and verbally, your tax research and analysis to clients, co-workers and the wider community of tax professionals.
UB’s M.S. in Taxation degree, in combination with an undergraduate degree in accounting, may fulfill the 150 hours of education required to take the certified public accountant exam.
DEVELOP ESSENTIAL SKILLS.
Through this program, you’ll become knowledgeable in areas of:
• bankruptcy taxation • consolidated corporations • estate and business planning • taxation of executive compensation • federal income taxation • corporate taxation • partnership taxation • pension and profit-sharing plans • real estate taxation • S-corporations • state and local taxation • tax-exempt organizations • tax policy • tax procedures.
KNOW THE PROGRAM.
We are accredited by AACSB International—the Association to Advance Collegiate Schools of Business, which is the premier accrediting agency for bachelor’s, master’s and doctoral degree programs in business administration and the highest distinction that business schools can receive worldwide. This program was designed with working professionals in mind, so our classes are offered evenings.
Fred Brown, program director and associate professor of law / fbrown@ubalt.edu / 410.837.4537.
OTHER THINGS YOU MIGHT WANT TO KNOW.
- Accounting Advisory Board
- Beta Alpha Psi and Beta Gamma Sigma
- Did you know?
- LLM in Taxation (offered by the University of Baltimore School of Law.
ADDITIONAL GRADUATE BUSINESS PROGRAMS
PROGRAM COURSES
Fundamental Courses
To meet accounting undergraduate equivalency requirements, students may be required to complete some or all of the following courses
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ACCT
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405
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Income Taxation (3)
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ACCT
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504
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Introduction to Accounting (3)
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ACCT
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510
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Intermediate Accounting I (3)
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ACCT
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511
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Intermediate Accounting II (3)
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ACCT
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512
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Auditing/Accounting Information Systems (3)
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ACCT
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513
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Intermediate Accounting III / Advanced Accounting (3)
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ACCT
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640
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Accounting for Managerial Decisions (3)
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ECON
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504
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Economics (3)
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FIN
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504
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Financial Management (3)
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OPRE
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504
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Data Analysis and Decisions (3)
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Fundamental Course "Waivers": Information pertaining to course waivers can be viewed on the UB/Towson MBA Web site.
Degree Requirements [30 credits]
Required Courses [21 credits]
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TAXA
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650
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Tax Research and Writing (3)
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TAXA
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651
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Fundamentals of Federal Income Taxation I (3)
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TAXA
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652
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Corporate Taxation (3)
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TAXA
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653
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Partnership Taxation (3)
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TAXA
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654
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Tax Practice and Procedure (3)
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TAXA
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655
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Tax Policy (3)
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TAXA
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678
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Fundamentals of Federal Income Taxation II (3)
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Electives [9 credits]
Select from the following:
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TAXA
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660
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Estate and Gift Taxation (3)
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TAXA
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662
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Foreign Taxation (3)
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TAXA
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663
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Qualified Pension and Profit-Sharing Plans (3)
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TAXA
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664
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Executive Compensation (2)
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TAXA
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665
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Tax Exempt Organizations (2)
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TAXA
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667
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Estate Planning (3)
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TAXA
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668
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Business Planning (3)
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TAXA
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670
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Income Taxation of Estates and Trusts (2)
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TAXA
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671
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Corporate Reorganizations (3)
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TAXA
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672
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State and Local Taxation (3)
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TAXA
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674
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Consolidated Corporations (2)
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TAXA
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675
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Advanced Real Estate Taxation (2)
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TAXA
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679
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Welfare Benefit Plans (2)
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TAXA
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680
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Advanced Qualified Pension and Profit-Sharing Plans (3)
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TAXA
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682
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Bankruptcy Taxation (2)
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TAXA
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683
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Basics in Financial Planning (3)
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TAXA
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684
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S-Corporations (1)
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TAXA
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799
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Independent Study (1-2)
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Applicants to the graduate business programs are responsible for presenting the following information for consideration for admission:
- Application: Submit your application to the Office of Admissions with the appropriate application fee. Online applications are available at www.ubalt.edu/admissions.
- Transcripts: Submit two official copies of transcripts from all institutions attended
- Graduate Management Admissions Test score: Send official copies of your GMAT score. When requesting GMAT scores, please use UB's code: DDP-XC-03. Information about the GMAT is available at http://www.mba.com/mba
- Letters of Recommendation: Provide two letters addressing your abilities to successfully complete a graduate business program.
- Personal Statement/Essay: Briefly detail your reasons for seeking a graduate business degree, your short and long term professional and personal goals and how you think this graduate program will help you achieve them. Provide any additional information that will highlight unique aspects of your candidacy to the Admissions Committee. Please limit statement to 1,000 words.
- Resume: Provide a current resume detailing employment history (including dates, titles, responsibilities), professional responsibilities, and community activities.
Note: Applicants for nondegree and certificate status need not submit a GMAT test score
Graduate Management Admissions Test -- Waiver Policy
Generally, applicants are required to take the GMAT, except those who apply as nondegree, certificate or visiting students or those who are eligible for a GMAT waiver. The following provisions qualify for an applicant for GMAT waiver consideration: (1) Possession of an advanced degree, or (2) the combination of an undergraduate grade point average of 3.25 or higher and at least five years of significant professional work experience. A personal interview with a program advisor may be required. A GMAT waiver is available to students who meet specific criteria. The GMAT Waiver form is required and can be downloaded from the UB/Towson M.B.A. Web site.