MSc Taxation

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MSc Taxation

One of the popular courses pursued by students, MSc Taxation is a postgraduate course available in the top universities across the globe. Usually, the course is offered by the law faculties and aims at both lawyers and non-lawyers. This program mainly focuses on the combination of intensive engagement with the details of relevant case laws and statutes with border theoretical and interdisciplinary perspectives. The duration of the course is 2-3 years and is available as a part-time and full-time course. If you want to know more about the MSc Taxation, Eligibility criteria, syllabus, top entrance exams and much more then keep reading! 

Name of the Course Masters of Science in Taxation 
Type of Course Postgraduation
Duration  2-3 years 
Average Fees  INR 12K- INR 4L
Average Salary INR 4L to INR 20L

Eligibility Criteria for MSc Taxation

There are a few eligibility requirements you need to qualify if you want to pursue MSc Taxation. You need a first-class or strong second-class undergraduate degree with honors in relevant subjects, including law, economics, accounting, etc as it is a basic eligibility criterion for universities.

Syllabus 

The syllabus for the MSc Taxation is given below however it may differ depending upon the different universities

Semester 1

Law of Direct Taxes and Practices – Income Tax Paper I and Paper II Law of Direct Taxes and Practices – Income Tax Paper I and Paper II
Basic Concepts, Definitions, and Charge of Income Tax Act (Section 1 to 4) Basic Concepts, Definitions, and Charge of Income Tax Act (Section 1 to 4)
Scope of total income and Residential Status (Section 5 to 9) Scope of total income and Residential Status (Section 5 to 9)
Income from Salaries and House Property (Section 15 to 27) Income from Salaries and House Property (Section 15 to 27)
Tax payment liabilities in certain cases Tax payment liabilities in certain cases

Semester 2

Law of Direct Taxes and Practices – Income Tax Paper V Law of Direct Taxes and Practices – Income Tax Paper V
Tax deduction and collection at source (Section 192 to 206C) Tax deduction and collection at source (Section 192 to 206C)
Interest and refund of excess payment Interest and refund of excess payment
Appeals and Revisions (Section 246 to 264) Appeals and Revisions (Section 246 to 264)
Penalties and Prosecutions (Section 270 to 280) Penalties and Prosecutions (Section 270 to 280)

Semester 3

Law of Direct Taxes and Practices – Income Tax Paper III and IV Law of Direct Taxes and Practices – Income Tax Paper III and IV
Advance Payment of Tax (Section 207 to 219) Advance Payment of Tax (Section 207 to 219)

Semester 4

Rules and Central Excise Tariff Act, 1985 Rules and Central Excise Tariff Act, 1985
Excise law, Excise Liability, and Excisable Goods Excise law, Excise Liability, and Excisable Goods

Application Process 

When applying for an Msc. in taxation course abroad, you have to consider several factors. These include the application process specified by your college, the visa process of your country, and various other details. Leverage Edu simplifies the process for you and makes it easier for you to take admission to your dream university abroad. Book a free counselling session today.

Top Universities for MSc Taxation Abroad 

Some of the top prestigious universities in the world for MSc Taxation are

Name of the Universities  Country
University of Manchester  UK
The University of British Columbia Canada
University of Alberta Canada
Harvard University USA
Northeastern University USA
Memorial University of Newfoundland UK
Arizona State University the USA
Ludwig Maximilians University Munich Germany
University of Greenwich UK
University of Waterloo Canada

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Top Universities for MSc Taxation in India 

There are many colleges in India for MSc Taxation, some of these popular colleges are

Name of the Universities  Average Fees
University of Mysore  INR 20K
IIMT University
St. Berchmans College  INR 7.9K to INR 81.73K
Union Christion College 
Mohanlal Sukhadia University  INR 12K to INR 30.79K
Nalsar University of Law  INR 40K to INR 1Lakh
St. Xaviers College Kolkata  INR 18.2K
Banaras Hindu University INR 20K
Pondicherry University INR 38.12K
Shivaji University, Kolhapur INR 10.6K to INR 11.79K

Career Prospects 

After completion of a master’s degree graduates are offered more employment opportunities and high packages as compared to bachelor’s degree holders. You can pursue a Ph.D. degree if you want to study further otherwise there are a plethora of job opportunities in the private as well as government sectors. Some of the popular job profiles are

Salary 

After completion of a master’s degree in Taxation, graduates are offered high salaries. The average salary of a master’s degree holder in taxation is $73,000 (INR 55,55,347) per year and this amount increases with experience and skills. However, for a bachelor’s degree holder, the annual salary is $57,000 (INR 43,37,737).

FAQs

Is there a master’s degree in taxation?

Yes, there is a master’s degree in taxation that focuses on a deep understanding of the subject and offers a plethora of employment opportunities after completion.

Can I do a PhD in Taxation?

Yes, you can pursue a PhD in Taxation that involves a combination of high research and coursework and helps you in getting expertise in the subject.

What can I do with a degree in Taxation?

There are many job opportunities after completion of a taxation degree if you don’t wish to pursue further higher education in the same. Some of the popular job profiles are 
Tax manager
Financial manager 
Certified public accountant 
Chief financial officer

If you want to get into a high university, you’ll need more than just good grades; you’ll also need a flawless application because the competition is fierce. You may enlist the assistance of Leverage Edu specialists to assist you with the application process so that you can realize your goals. Call us immediately at 1800 57 2000 for a free 30-minute consultation.

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