MS Program: Taxation

 The Master of Science in Taxation is designed for students interested in pursuing a career as a tax specialist in public accounting, industry, or government. Students earning this degree will have completed an educational program consistent with recommendations from professional accountants and accounting educators, and will be prepared for entry into careers as tax professionals.

Career Possibilities with an MS in Accounting:

 

Professional Organizations

Students in Accounting can join Beta Alpha Psi, a national accounting honorary fraternity; NABA, National Association of Black Accountants; and ALPFA, Association of Latino Professionals in Finance and Accounting.

Certification

Information about becoming a CPA can be found through the Accounting department’s website http://www.cob.unt.edu/acct/cpa.php .  Certifications for Accounting Information Systems and Internal Audit are also available.

Course Requirements

Background Courses* (39 hours)

*NOTE:  Background courses may be required if your undergraduate degree did not prepare you for current master level courses.  Background courses are assessed on an as needed basis after evaluation of undergraduate transcripts.

ACCT 5020 (3.0 hrs.) Accumulation and Analysis of Acct. Data
BCIS 5090 (1.5 hrs.) Intro. to Business Computer Info. Systems
BLAW 5050 (1.5 hrs.) Legal, Reg. and Ethical Env. of Business
DSCI 5010 (1.5 hrs.) Statistical Analysis
ECON 5000 (3 hrs.) Economic Concepts
FINA 5040 (1.5 hrs.) Intro. to Finance and Financial Mathematics
MATH 1190 (3 hrs.) Business Calculus (or other calc. course)
MGMT 5070 (1.5 hrs.) Management Issues
MKTG 5000 (1.5 hrs.) Marketing Concepts
ACCT 2020 (3 hrs.) Managerial Accounting
ACCT 3110 (3 hrs.) Intermediate Accounting I
ACCT 3120 (3 hrs.) Intermediate Accounting II
ACCT 3270 (3 hrs.) Cost Accounting
ACCT 4100 (3 hrs.) Accounting Systems
ACCT 4300 (3 hrs.) Federal Income Tax
ACCT 4400 (3 hrs.) Auditing—Professional Responsibilities

Required Accounting Courses (18 hours)

ACCT 5120 (3 hrs.) Using Information Systems in Accounting
ACCT 5310 (3 hrs.) Tax Research and Administrative Procedure*
ACCT 5320 (3 hrs.) Taxation of Flow-Through Entities
ACCT 5330 (3 hrs.) Taxation of C Corporations
ACCT 5340 (3 hrs.) Oil and Gas Taxation**
ACCT 5360 (3 hrs.) Advanced Topics in Federal Taxation**
ACCT 5370 (3 hrs.) Family Tax Plan. and Contemporary Topics**
ACCT 5760 (3 hrs.) Accounting, Business Analysis and Valuation (take in last year)
* should be taken as early in the program as possible.
**must chose one of the three

Electives (18 hours)

All electives (accounting electives= 6 hrs and non-accounting electives =12 hours) must be approved in advance by a departmental advisor.  Examples of electives often selected to support this specialization area:

ACCT 5800 (3 hrs.) Internship
BLAW 5400 (3 hrs.) Law for Accountants and Managers
BUSI 5200 (3 hrs.) Professional Ethics and Corporate Governance
FINA 5170 (3 hrs.) Financial Management
FINA 5210 (3 hrs.) Investment Analysis and Management
REAL 5350 (3 hrs.) Intro. to Real Estate and Investment Analysis
RMIN 5780 (3 hrs.) Financial and Estate Planning
RMIN 5770 (3 hrs.) Employee Benefits, Uses of Life & Health Insur.

Internship

You may complete an internship for three hours of pass/no pass credit, upon completion of three hours in your area of study. Your internship will not count towards your degree and may not be taken your first semester. Please see your departmental advisor for more information.