Master’s in Taxation in the United States
Top Master’s in Taxation in the United States
A Master’s degree is a postgraduate degree that many students choose to pursue after earning a Bachelor’s degree. It usually takes around one to two years to complete and has many benefits. More employers request entry-level employees to have a postgraduate education. This is because taking a few extra years to study a discipline allows additional mastery, making for more skilful employees. Earning an MBA, or Master’s of Business Administration, from a university in the United States is one popular study area. This type of degree applies to many different jobs all over the world. If you enjoy business and numbers, then you might consider getting your Master’s in Taxation in the United States. A few of the top US universities for studying taxation include
- Georgetown University – Law Center
- University of Florida
- Northwester University – Pritzker School of Law
- Loyola Marymount University
- Boston University
- University of Michigan – Law School
Some students think they must attend a postgraduate program where they earned their bachelor’s degree. This is not always the case. In fact, earning your Master’s at a different university builds experience and exposes you to new ideas. There is nothing wrong with earning multiple degrees at the same university, but there are also advantages to changing venues for your education.
What Is a Master’s in Taxation?
After earning a Bachelor’s in some business related field, it is common for students to spend another two years or so earning another business related degree. A Master’s in Taxation in the US involves a detailed look into the tax system used across the United States. Many universities also require students to complete a capstone thesis or project before awarding the degree. An internship may also be part of the program requirements. Courses that students are likely to encounter in such a program include
- Principles of Taxation
- Corporate Taxation
- Tax Procedure
- Advanced Accounting
- International Taxation
- State and Local Taxes
- Problems in Taxation
Admissions to a taxation program differ depending on the university. For the most part, postgraduate business programs in the US require applicants to receiving passing scores on the GMAT. Students might also need to have a relevant Bachelor’s degree and meet minimum academic requirements. This is in addition to the standard application, essays, and references. International students may need to sit an additional examination. Many postgraduate programs in the US require international students to have a minimum level of English proficiency. Examinations such as the IELTS and TOEFL are available to prove fluency in the English language.
As technology advances, more business courses are available online. Individuals who are currently working full-time might be able to earn a Master’s in Taxation through online courses. You will need to explore your options to ensure your university of choice offers distance learning solutions before enrolling.
What Are the Benefits of Getting a Master’s in Taxation?
Earning your Master’s degree alone offers a wide range of benefits. You have the potential to earn more throughout your career when you have a postgraduate degree. Because of your extra schooling, you are likely to stand out to employers over those with only an undergraduate education. Earning your MBA also makes you more readily available for positions in management from the beginning.
Choosing to earn your degree at a US university also has certain advantages. The US is diverse in culture and entertainment, so there is much to experience wherever you choose to attend school. Universities also tend to have excellent networking and internship opportunities with other global entities. This means that students have the potential to gain working experience before graduating and entering the work force.
What Kind of Career Can You Expect With a Master’s in Taxation?
Some people might automatically think of trying to get a job with a government agency such as the IRS after earning a Master’s in Taxation. Many graduates with a degree in taxation go on to become a financial advisor, chief financial officer of a business or corporation, or a certified public account. Some jobs in taxation, such as a certified public accountant, require additional licencing and certification. This includes passing a CPA examination after finishing your education. If you plan on pursuing a job like this, it is important to research the licencing and certification requirements beforehand.
Earning your MBA opens all kinds of career doors all over the world. Start searching for the ideal programs for earning your Master’s in Taxation in the US today.