Master of Science in Accountancy with a Specialization in Taxation Online

Earn your taxation accountancy master’s to maximize tax planning opportunities, utilize tax software and prepare to sit for the Certified Public Accountant (CPA) Exam.

Apply By 1/2/25
Southern Illinois University Edwardsville
Start Classes 1/18/25

Enrollment for our accelerated online business programs is open. Get started today!

Apply By 1/2/25
Start Classes 1/18/25

Enrollment for our accelerated online business programs is open. Get started today!

Program Overview

Discover what our online MS in Accountancy with a Specialization in Taxation could do for you

Tuition

$16,156.50

Total Tuition

Duration

as few as 10 months

Program Duration

Credit Hours

30

Credit Hours

The SIUE online Master of Science in Accountancy with a Specialization in Taxation will refine your understanding of taxation at the federal and state levels for individuals, partnerships, limited liability companies (LLCs) and corporations. In this AACSB-accredited program, experienced faculty will teach you the technical aspects of taxation, including auditing, tax compliance, research, asset management, tax planning and more.

Equipped with specialized tax expertise, you will be qualified to lead accounting teams in a broad range of industries during tax season and beyond. This program is designed for working professionals with 100% online coursework and multiple start dates.

In this online program, you will learn to:

  • Identify tax questions and tax planning opportunities
  • Understand the sources and application of tax law
  • Utilizing tax research tools and software
  • Define and describe the taxation of flow-through entities, concepts and terminology
  • Recognize and identify strengths and weaknesses of the taxation of flow-through entities
  • Journalize common business transactions, i.e., formation, distributions, etc.
  • Describe the effect of the choices of business entities from an income tax perspective
  • Prepare basic analysis on the choices between entities
  • Understand and calculate common book/tax differences of corporations
  • Understand and calculate accounting for income taxes and required tax disclosures
  • Identify tax questions and tax planning opportunities
  • Understand the sources and application of tax law
  • Utilizing tax research tools and software
  • Define and describe the taxation of flow-through entities, concepts and terminology
  • Recognize and identify strengths and weaknesses of the taxation of flow-through entities
  • Journalize common business transactions, i.e., formation, distributions, etc.
  • Describe the effect of the choices of business entities from an income tax perspective
  • Prepare basic analysis on the choices between entities
  • Understand and calculate common book/tax differences of corporations
  • Understand and calculate accounting for income taxes and required tax disclosures

Career opportunities:

  • Income Tax Accountant
  • Income Tax Specialist
  • Corporate Controller
  • Tax Advisor
  • Financial Controller
  • Income Tax Accountant
  • Income Tax Specialist
  • Corporate Controller
  • Tax Advisor
  • Financial Controller
AACSB Accredited Program

The School of Business at SIUE is accredited by The Association to Advance Collegiate Schools of Business (AACSB International) and is one of only two percent of business colleges and universities in the world to hold this accreditation for business and accounting. The School has been accredited since 1975.

Tuition

Benefit from budget-friendly tuition

Tuition for the MS in Accountancy with a Specialization in Taxation online degree program is the same for in-state and out-of-state students. All fees are included.

Tuition per credit hour

$538.55

Per Credit Hour

Tuition per credit hour

$1,615.65

Per 3 Credit-Hour Course

Tuition per credit hour

$16,156.50*

Total Tuition

If you are applying for financial aid, please use Federal School Code 001759. For more information, please contact our financial aid office by calling 618-650-3880 or emailing [email protected].

*Tuition includes all fees and is subject to change without notice. The University reserves the right to increase tuition and fees at any time.

Calendar

Follow these dates to apply, enroll and start classes

The MS in Accountancy with a Specialization in Taxation program is delivered in an online format ideal for working professionals, conveniently featuring six start dates each year. Choose the start date that best fits your goals.

Upcoming Start Dates

Tuition per credit hour

1/2/25

Next Application Deadline

Tuition per credit hour

1/18/25

Start Classes

TermStart DateApplication DeadlineDocument & Financial Aid DeadlineRegistration DeadlineTuition DeadlineLast Class Day
Spring I1/18/251/2/251/8/251/14/251/16/253/7/25
Spring II3/22/253/5/253/12/253/18/253/20/255/9/25
Summer I5/12/254/23/254/30/255/6/255/8/256/23/25
Summer II6/28/256/11/256/18/256/24/256/26/258/9/25

Admissions

Find out what you need to apply to the online taxation accountancy MS program

Admission to the MS in Accountancy with a Specialization in Taxation online program is based on a variety of factors including undergraduate grade point average (GPA), professional resume and previous work in other graduate programs.

Register quickly and easily – here’s what you need to know

  • Graduate School application and $40 fee
  • Submission of all postsecondary academic transcripts
  • Successful completion of a bachelor's degree prior to enrollment*
  • Minimum GPA of 2.50 in undergraduate coursework and a minimum cumulative GPA of 3.0 in any graduate coursework**
  • Current resume demonstrating detailed post-bachelor's degree professional work experience
  • Personal history information
  • All applicants with foreign academic credentials whose first language is not English must demonstrate adequate English language proficiency in advance of admission
    • Proof of English Proficiency: minimum requirements are TOEFL (79), IELTS (6.5) or equivalent

*The Accounting Department welcomes applicants with undergraduate degrees in majors other than accounting, but the applicant must satisfy the graduate program prerequisites by completing appropriate undergraduate accounting courses. To complete the MSA prerequisites at SIUE, please apply as a BSA undergraduate student. Once the pre-requisites are satisfied, students will be directed on how to apply/transfer to MSA. For a list of prerequisite courses please see Program Prerequisite Courses below or contact the Accounting Department.

**Applicants with a cumulative GPA of 2.75 or lower in undergraduate coursework may be required to submit recent GMAT or GRE scores after initial review of the application.

Admission to the MS in Accountancy program is selective based on a variety of factors. The program, at its discretion, may request GMAT or GRE test scores, other supporting documents, or interviews that demonstrate the applicant’s ability to successfully complete the MS in Accountancy degree.

Applicants should have grades in quantitative courses that indicate a high probability of success in completing the MS in Accountancy with a Specialization in Taxation program. A review of quantitative courses will be conducted by the MS in Accountancy with a Specialization in Taxation program director.

Program application materials may be uploaded during the application process, but official transcripts must be sent directly from the school attended, and test scores must be verifiable with the appropriate testing service. Please contact the Graduate Admissions office with questions regarding the application submission process at [email protected].

Review the SIUE Admissions Policy for more information.

Students who were not admitted may appeal. These appeals are handled by the MS in Accountancy with a Specialization in Taxation program director. Students seeking an exception are required to provide the program director with evidence supporting the reason such an exception should be granted. The program director's decision regarding the appeal is final.

Students are expected to enter the program with competencies in computer software and statistics.

All required documents (e.g., official transcripts) should be sent to the following address:

SIUE Office of Graduate and International Admissions
Campus Box 1047
Edwardsville, IL 62026-1047

Electronic official transcripts should be submitted to [email protected].

Note: Students must maintain a cumulative GPA of 3.0 in their MS in Accountancy with a Specialization in Taxation courses. Students who fall below this minimum will be placed on academic probation and referred to the Associate Dean for Academic Affairs. If the student is permitted to continue in the program, the conditions for continuance will be put in writing and communicated to the student. In addition, students must have a cumulative GPA of 3.0 or higher in order to receive their degree.

Have a question? Call us at 877-244-4661.

The Master of Science in Accountancy with specializations in Taxation and Business Analytics may not directly qualify you for licensure as a Certified Public Accountant (CPA); however, some states may recognize the degree and certain courses for meeting licensing criteria. If you intend to pursue CPA licensure, it is highly advisable to reach out to the relevant licensing authority in your intended state of practice. To see a listing of each state's requirements, you can click here: https://nasba.org/licensure/gettingacpalicense/

Courses

Take a closer look at the online taxation accountancy master’s courses

The MS in Accountancy with a Specialization in Taxation online curriculum is comprised of 30 credit hours, including 18 credit hours of accounting core courses and 12 credit hours of electives.

Applicants with bachelor's degrees in areas other than accounting can satisfy the program’s prerequisite requirements by completing the following admission prerequisite courses, or their equivalent, with a GPA of 2.7 or better: ACCT 200 or 524, ACCT 301, ACCT 302, ACCT 303, ACCT 311, ACCT 312, ACCT 315 and ACCT 321.

Applicants with bachelor's degrees in areas other than accounting can satisfy the program’s prerequisite requirements by completing the following admission prerequisite courses, or their equivalent, with a GPA of 2.7 or better: ACCT 200 or 524, ACCT 301, ACCT 302, ACCT 303, ACCT 311, ACCT 312, ACCT 315 and ACCT 321.

These courses do not carry credit toward the MSA. Prerequisite courses taken prior to admission to the MSA program ordinarily must have been taken within six years of the date the applicant is admitted. An MSA student undertaking prerequisite courses may be terminated from the program if the student's GPA calculated over all prerequisite courses taken at SIUE falls below 2.7 for more than one semester, the student receives a grade of less than C in any prerequisite course, or the student fails to make satisfactory progress.

Duration: 7 Weeks weeks
Credit Hours: 3
Concepts of financial accounting and external reporting. Nature and measurement of assets, liabilities, equities, revenues, expenses. Emphasis on use and understanding of external financial statements. IAI Course BUS 903.
Duration: 7 Weeks weeks
Credit Hours: 3
Understanding and analysis of financial and managerial accounting information to enable internal/external users to make informed business decisions.
Duration: 7 Weeks weeks
Credit Hours: 3
Financial accounting concepts and procedures; and measurement and reporting methods with respect to assets, liabilities, owners' equity, revenues and expenses, authoritative pronouncements. Accounting, CMIS, Economics or Finance, Business Administration majors only.
Duration: 7 Weeks weeks
Credit Hours: 3
Continuation of ACCT 301. Selected complex accounting issues from a theoretical and practical viewpoint: pensions, leases, tax allocation, changing prices, other reporting and disclosure issues.
Duration: 7 Weeks weeks
Credit Hours: 3
Continuation of ACCT 302. Emphasis of conceptual understanding and the ability to apply financial accounting concepts to practice. Topics include the statement of cash flows and accounting for leases, pensions, deferred taxes. Prerequisites: Good standing in Accountancy Program.
Duration: 7 Weeks weeks
Credit Hours: 3
Costs for financial accounting and managerial decision making in changing competitive, service, and manufacturing environments; behavioral, quantitative, and computer applications; extensive communication and analytical skills development. Prerequisite(s): ACCT 200 Minimum Grade of B
Duration: 7 Weeks weeks
Credit Hours: 3
Short-and-long term decision making and operational control in changing competitive, service, and manufacturing environments; behavioral, quantitative, and computer applications; continuation of communication and analytical skills development.
Duration: 7 Weeks weeks
Credit Hours: 3
Accounting systems, concepts, design, information needs and flows; special emphasis on internal control.
Duration: 7 Weeks weeks
Credit Hours: 3
Survey of federal tax laws applicable to individuals, corporations, estates, and trusts.

In order to earn your MSA with a Taxation Specialization online, you will complete the following required courses.

Duration: 7 Weeks weeks
Credit Hours: 3
Nature of internal auditing; operational auditing.
Duration: 7 Weeks weeks
Credit Hours: 3
Role, environment, and philosophy of auditing; legal, ethical, and moral issues; problems of audit planning, sampling, and testing considerations; examination of audit research.
Duration: 7 Weeks weeks
Credit Hours: 3
Includes a review of contemporary issues impacting the accounting profession. Topics may include trends in the practice of accounting like data analytics, International Financial Reporting Standards, or recent changes in US Generally Accepted Accounting Standards. Prerequisite: full admission to the MSA program; completion of Acct 303 or equivalent.
Duration: 7 Weeks weeks
Credit Hours: 3
Theoretical examination of measurement and reporting issues related to external financial reporting.
Duration: 7 Weeks weeks
Credit Hours: 3
Analysis of the external environment in which business functions. Focus on ethical, social, legal, and economic environments as they affect managerial responsibility and organizational performance.
Duration: 7 Weeks weeks
Credit Hours: 3
Examination of accounting research methodologies and issues. Completion of a major individual research project resulting in a written report.

Students are required to take ACCT 550. Choose three of the four remaining courses.

Duration: 7 Weeks weeks
Credit Hours: 3
Advanced study in tax research; analyze and discover solutions and alternatives to tax problems and refine technical problem-solving and communication skills.
Duration: 7 Weeks weeks
Credit Hours: 3
A graduate study of the 3 major types of state taxation: State Income tax, State Sales and Use tax and Property tax. State tax planning and compliance will be studied.
Duration: 7 Weeks weeks
Credit Hours: 3
Federal income taxation of flow-through entities; partnerships, corporations, and limited liability corporations.
Duration: 7 Weeks weeks
Credit Hours: 3
Concepts of statutory, regulatory, and judicial rules relating to transfer taxes and income taxes as they affect family tax planning; non-tax aspects of transactions also will be examined.
Duration: 7 Weeks weeks
Credit Hours: 3
Topics include the policy motivations, technical rules, and management of decision-making implications of federal income taxation of corporations and their shareholders. Prerequisite(s): ACCT 321

Also available online:

See our other online accounting degree programs.

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