Master of Science in Taxation

Welcome to the M.S. in Taxation Program!

Taxation is a unique and highly specialized discipline within the accounting field.  It is a profession that is growing from the increasing federal, state, and local government tax codes and the need to for organizations to interpret and respond to the complexities of the tax system and apply the laws and regulations to their business.  Many global companies also look to tax professionals to manage their tax liabilities in an effort to increase shareholder wealth and gain a competitive advantage.

As a career interest, tax accountants are:

Ø     Employed in corporations, public accounting firms, and taxing entities.

Ø     Need to continually develop and refine their skill sets in response to evolving global tax codes.

Ø      Experience professional stability with opportunities for personal and professional growth.

The program is designed to blend both forward-looking trends in taxation with practical application of concepts.  Our faculty has strong and broad industry experience and provides an integrated set of courses designed to develop comprehensive, analytical, and theoretical skills that are critical to make well-grounded organizational tax decisions that will maximize profits and limit audit risks. The M.S. in Taxation Program will enhance your current management acumen, and prepare you well for a future in tax management, regardless of whether you have just earned your undergraduate degree, are planning to sit for the United States Uniform Certified Public Accountant (C.P.A.), or you are a C.P.A. or J.D. 

I look forward to meeting you, exploring unanswered questions, and helping you begin your journey at Benedictine University.

Sincerely,

 

John C. Draut

Instructor

M.S. in Taxation Program Director

 


The Master of Science Taxation (M.S. in Taxation) program at Benedictine University is an exciting new discipline that is designed to prepare students for managerial roles in tax departments of corporate and service organizations as well as public accounting firms.

By conveying practical knowledge and essential skills in such areas as tax research, taxation of corporations and shareholders, taxation of partnerships, state income taxation, and corporate reorganizations just to name a few of the courses, the Benedictine M.S. in Taxation provides comprehensive, analytical, and theoretical skills that are critical to make well-grounded organizational tax decisions that will maximize profits and limit audit risks.   

The M.S. in Taxation is an essential component of your career growth and leadership development and is widely recognized throughout the business environment as a powerful professional credential. There are many electives that a student may choose to augment their areas of interest that will prepare them for either a general taxation focus or a more specialized skill set.

Curriculum overview

Program Formats  
Traditional M.S. in Taxation Program

The M.S. in Taxation program is designed for working adults with at least two years of professional work experience or those working adults with professional tax experience who aspire to attain senior managerial positions within their organizations. The M.S.T. program enhances student's technical competencies in the area of tax; refines analytical and interpretive skills; and, hones communication skills. 

The M.S. in Taxation program may accept graduate course work completed at another accredited institution. Sixteen quarter credit hours of undergraduate coursework may be waived for courses taken within the last seven years, pending approval from the Program Director.

At Benedictine University, our academic calendar is organized around four 10-week academic quarters. The Benedictine M.S. in Taxation program offers a rolling admission so students may be admitted into any of these quarters. With this format students are able to follow either a part-time or full-time program.

Admission Application and Procedures

An application to the Benedictine M.S. in Taxation Program requires the submission of the following:

 

1.     A completed application form.

2.     A non-refundable application fee.

3.     Official transcripts from all previous colleges attended. The student should request that all transcripts, including any from Benedictine University, be mailed directly to the Graduate Admissions Office at Benedictine University.

4.     Two letters of reference from persons who know the applicant from a professional or academic perspective.

5.     A one-page statement of educational and career goals.

6.     Resume which includes chronological work history.

7.     Interview with the M.S. in Taxation Program Director, at the director's discretion.

8.     Test scores (i.e., TOEFEL).

Applicants having a cumulative GPA of 3.2 or better may be waived from the GMAT requirement. Applicants wishing to apply for a GMAT waiver, but who do not have a GPA of 3.2 or better, may be considered pending successful completion of a specified quantitative and qualitative course.

Download an Application Contact an Advisor

Business leaders in the 21st century must navigate their way through a maze of changing federal and state tax regulations, the impact of globalization on tax exposures, the continuous drive by corporations to lower tax liabilities and improve the profitability of organization, and the presence of ongoing ethical challenges. The Bureau of Labor Statistics project the average growth rate for the field of accounting and tax will average 16% over the next ten years. Benedictine University's M.S. in Taxation prepares students to take advantage of these new job opportunities.

Our curriculum requires 64 quarter credit hours of graduate course work and can be broken into four primary sections:

  1. Accounting Foundation: four (4) courses focused on U.S. accounting standards
  2. Taxation Competency: five (5) courses focused on in depth concepts, theories and issues in accounting.
  3. Advanced Taxation Topics: four (4) courses focused on management skills & knowledge necessary for those student seeking managerial positions in accounting.
  4. Electives: students are required to choose three (3) elective courses suited to their personal or professional interests.

Curriculum overview  Download an Application

Ms. Courtney Hatcher, B.A.

Program Manager

Graduate Business Administration

Phone: (630) 829-6205  |  Send Ms. Hatcher an Email  |  Office: Scholl Hall 221

Ms. Susan Stackley, M.S.

Associate Director

Graduate Business Administration

Phone: (630) 829-6210  |  Send Ms. Stackley an Email  |  Office: Scholl Hall 221A

Lecturers & Senior Lecturers
David Baker, .M. B.A., C.P.A.
Cyril V. Crane, M.S.A., C.P.A.
David Dibblee, M.S.A., C.P.A., Professor Emeritus
John Frech, M.B.A., C.P.A.
R. David Fulton, M.S., C.P.A., Senior Lecturer
Kenneth Hansen, J.D., Senior Lecturer
James Hill, M.B.A., Senior Lecturer
Richard Magner, Ph.D., Senior Lecturer
Martin Terpstra, M.S., C.P.A.
James Zoda, Ph.D., Senior Lecturer

The Lecturers listed are individuals who have been employed as instructors on an as-needed basis, within the last several years, to teach courses at Benedictine University. Instructors listed may not currently be employed by Benedictine University. The University is fortunate to be able to provide our students with part-time faculty whose experience, credentials and commitment to education add to the high quality of our resident faculty.

 

College of Business
benedictine university

John Minogue, Ph.D., Acting Dean
Dawn Smith, Assistant to the Dean
Phone: (630) 829-6463
Fax: (630) 829-6226
E-mail: dssmith@ben.edu

Scholl Hall, Room 109
5700 College Road
Lisle, IL 60532
8:30 a.m. - 5:00 p.m.