Master of Science in Taxation (MST)

Tax laws are complex and change frequently. Professionals who can assist taxpayers with their compliance and planning needs are in demand. Our Master of Science in Taxation program will prepare you for the challenges of the professional practice of tax by enhancing your technical knowledge and professional skills.

Given the complexity of our tax laws and rate at which they change, taxpayers increasingly seek assistance from well-trained, experienced professionals to help them with their tax compliance and planning needs. NIU's Master of Science in Taxation [MST] Program prepares you for the challenges of the professional practice of tax, enhancing your technical knowledge and professional skills.

Admission

Who can help me with questions about admission to the M.S.T. program?

Suzanne Youngberg is the M.S.T. advisor. Her office is located at Barsema Hall 228G. You can contact her by phone at 815-753-6099 or email at youngberg@niu.edu.

What are the criteria to be admitted to the M.S.T. program?

Admission to the M.S.T. program is limited to those students who demonstrate high promise of success in a graduate business degree program. To be admitted, you must have:

  • a baccalaureate degree or a master's degree from an accredited institution with at least 15 hours of accounting, including an introductory federal income tax course or department approval (prior work experience will be given consideration); the accounting course requirement is waived for applicants with a law degree from an institution accredited by the American Bar Association (ABA); and
  • if you don't have a law degree from an ABA-accredited institution or a graduate business degree from an AACSB-accredited institution, you must have:
    • a minimum GPA of 2.75 (on a 4.00 scale) in the last 60 hours of your baccalaureate program or a minimum cumulative GPA of 2.75 (on a 4.00 scale) at your baccalaureate institution; and
    • you must present satisfactory scores (verbal, quantitative and total) on the GMAT or LSAT. This requirement can be waived if you have successfully passed all parts of the CPA exam.

When the undergraduate GPA and the GMAT score factor into the admission decision, you must have a composite score of 1100 or higher. The composite score is the sum of (your cumulative GPA multipled by 200) plus (your GMAT score).

When should I apply?
If you want to be admitted to the program for: then submit your application and all supporting documents to the NIU Grad School no later than: International Students Deadline

Summer Semester (May – July)

April 1st

N/A*

Fall Semester (Aug-Dec)

July 15th

May 1st

Spring Semester (Jan-May)

December 10th

October 1st

* International students cannot apply for summer term.

May I take classes before I am admitted to the program?

No, there are no opportunities to take classes before being admitted to the M.S.T. program.

When will I know if I'm admitted?

After the Graduate School has received and processed all of your documents, it will ask Prof. Youngberg for an admission decision. The Graduate School and Prof. Youngberg will notify you of their decision.

Where do I get an application for Graduate School?

The Graduate School prefers that admission applications be submitted online.

Where do I get information about the GMAT?

You may request information about the GMAT by phone at 1-800-462-8669, mail or online. The GMAT is a computer-adaptive test that is available year-round at test centers throughout the United States. The fee to take this exam is $250. It is possible to schedule your test within a few days of registering, but popular dates (weekends, especially) book quickly. Consider admission deadlines, then call early to increase your chances of getting your preferred test date at the center most convenient to you. Check the website for specific locations.

When should I take the GMAT?

Since the GMAT does not test you on your accounting and business knowledge, you should take the GMAT at least seven to twelve months before the start of graduate school. By taking the exam early, you will have time to retake the exam if necessary. GMAT requires you to wait one month between test dates. If you take the test more than once, your highest score will be used.

Should I take a review course for the GMAT?

Whether to take a review course or not is up to you. The NIU College of Business now offers a comprehensive 24-hour GMAT preparation course. Or, you can study on your own with review manuals you can purchase from Kaplan and Princeton. In addition to practice questions and tips for taking the exam, these manuals contain CDs that provide you with a simulated exam.

Advising

If you have questions about the admission process or your program of study, contact Suzanne Youngberg. As the advisor for the M.S.T. program, Suzanne evaluates applications to the program, advises students concerning their programs of study and answers questions about the program. You can contact Suzanne by phone at 815-753-6099 or email at youngberg@niu.edu.

Scheduling

Where is the program offered?

Courses meet on weekday evenings at the NIU Hoffman Estates campus (get directions to NIU Hoffman Estates). We consciously designed the program in this way to meet the needs of working professionals who want to earn this degree while continuing to work full time.

Are courses offered only in Hoffman Estates?

Yes. The M.S.T. program is offered exclusively at NIU-Hoffman Estates. In past semesters, M.S.T. students were permitted to register for graduate tax courses offered at the DeKalb campus in the M.A.S. program. This opportunity no longer exists due to the growth of the M.A.S. program.

Can I start the program at any time?

Yes.

Curriculum

What are the program requirements?

To earn the M.S.T. degree, you must complete the program requirements within six consecutive years with a 3.00 GPA on a 4.00 scale. In addition, you must maintain a minimum GPA of 3.00 to remain in good standing within the program.

The following five required courses (15 semester hours) provide a common foundation of technical tax knowledge and professional skills:

  • ACCY 645 Professional Tax Research
  • ACCY 647 Corporate Taxation
  • ACCY 649 Partnership Taxation
  • ACCY 651 Federal Estate and Gift Taxation
  • ACCY 656 Tax Concepts and Property Transactions

To complete your degree, you will choose five electives (15 semester hours) to tailor the program to your career goals. The M.S.T. electives are:

  • ACCY 605 Independent Study in Taxation
  • ACCY 646 Tax Administration and Practice
  • ACCY 648 Advanced Corporate Taxation
  • ACCY 652 Taxation of Estates and Trusts
  • ACCY 653 Accounting for Income Taxes
  • ACCY 654 Special Tax Topics
  • ACCY 655 International Taxation
  • ACCY 657 Taxation of Compensation & Benefits
  • ACCY 658 State and Local Taxation
  • ACCY 659 Tax Accounting Methods and Periods
  • ACCY 660 Advanced Partnership Taxation
  • ACCY 661 Advanced State and Local Taxation
  • ACCY 673 Internship in Accounting

Course descriptions can be viewed in the online course catalog.

What does ACCY 605 Independent Study in Taxation entail?

This course is for those students who want to engage in the comprehensive study of a topic or topics that are not part of our regular course offerings (or are covered only briefly in our courses). The study normally requires between 125 to 150 hours of work and results in a paper of 60 to 75 pages. The hours and work product guidelines are set to equate this experience to a three semester hour class - 42 hours of class time and about two hours of study outside of class for each hour in class. The study needs to be approved by the M.S.T. advisor or director and must be supervised by a professor with expertise in the student's area of interest.

Where can I get more information about the curriculum?

Obtain additional information about the M.S.T. program by emailing Suzanne Youngberg at youngberg@niu.edu or calling 815-753-6099 (please provide a mailing address when you email or call). In addition, detailed program information (including course descriptions) is available in the Graduate Catalog.

Can I earn CPE credit for my completed M.S.T. courses?

NIU is an approved provider of Continuing Professional Education credit through the Illinois Department of Financial and Professional Regulation. If you are a Certified Public Accountant licensed in Illinois, you can earn CPE credit for your completed M.S.T. courses.

Graduation

Do I need to apply for graduation?

Yes, the Graduate School has fixed deadlines to apply for graduation and attendance at commencement ceremonies.

A student who intends to graduate at the end of a particular term must apply for graduation through MyNIU by the graduation application deadline. NIU does not hold a summer commencement ceremony. If you graduate in August, the Graduate School will invite you to be part of the commencement ceremony in the following December.

The application for graduation is on MyNIU: Navigate to Student Center > Academics > Apply for Graduation.

A $35 graduation fee will automatically be billed to your student account.

Where and when are the commencement ceremonies?

All NIU commencement ceremonies occur in the Convocation Center on the DeKalb campus. Ceremonies are scheduled at the end of the fall and spring semesters. The ceremony for graduate degree recipients occurs the day before the undergraduate commencement ceremonies. There is no commencement ceremony at the conclusion of the summer semester. For more information, please see the NIU commencement website.

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The tentative spring 2018 through fall 2019 course offerings are subject to change. Contact Suzanne Youngberg at youngberg@niu.edu or 815-753-6099 for current information. Course descriptions can be viewed in the online course catalog.

Spring 2018

  • ACCY 648 – Advanced Corporate Taxation (prerequisite: ACCY 647)
  • ACCY 654 – Special Topics: Advanced Individual Tax Issues
  • ACCY 656 – Tax Concepts and Property Transactions

Summer 2018

  • ACCY 651 – Estate and Gift Taxation
  • ACCY 653 – Accounting for Income Taxes
  • ACCY 655 – International Taxation (prerequisite: ACCY 647)
  • ACCY 658 – State and Local Taxation
  • ACCY 659 – Accounting Methods and Periods

Fall 2018

  • ACCY 645 – Tax Research
  • ACCY 646 – Tax Practice and Procedure
  • ACCY 647 – Corporate Taxation
  • ACCY 649 – Partnership Taxation
  • ACCY 652 – Income Taxation of Estates and Trusts

Spring 2019

  • ACCY 648 – Advanced Corporate Taxation (prerequisite: ACCY 647)
  • ACCY 656 – Tax Concepts and Property Transactions
  • ACCY 661 – Advanced State and Local Taxation (prerequisite: ACCY 658)

Summer 2019

  • ACCY 651 – Estate and Gift Taxation
  • ACCY 653 – Accounting for Income Taxes
  • ACCY 655 – International Taxation (prerequisite: ACCY 647)
  • ACCY 658 – State and Local Taxation
  • ACCY 659 – Accounting Methods and Periods

Fall 2019

  • ACCY 645 – Tax Research
  • ACCY 646 – Tax Practice and Procedure
  • ACCY 647 – Corporate Taxation
  • ACCY 649 – Partnership Taxation
  • ACCY 652 – Income Taxation of Estates and Trusts

You can complete the program for a reasonable cost. The NIU Graduate School provides detailed information about program-level tuition. Scholarships and graduate assistantships are available to assist you financially.


2017-2018
Academic Year 1
In-State Out-of-State
Cost per Course $2,464 / 3 credits $3,535 / 3 credits

1All amounts are rounded. Amounts are effective fall 2017 through summer 2018. Tuition is subject to change by the Board of Trustees at any time without notice. Program cost does not include textbooks, ancillary expenses or specific course fees.

Our M.S.T. program has a national reputation for quality and excellence, yet it is priced lower than other highly ranked M.S.T. programs in Illinois.

Graduate Accountancy Programs 2017-2018 2
NIU $24,640
University of Illinois - MS Tax in Chicago $38,200
DePaul University - MST $45,668

2 '2017-2018 cost' includes in-state tuition/tuition and fees and assumes the entire program is completed in one year. The Univesity of Illinois program is an executive-style program, the cost of which also includes required textbooks.

Scholarships and Graduate Assistantships

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