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 |
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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
- Assistant professor
- Tax manager
- Financial manager
- Certified public accountant
- Chief financial officer
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
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.
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.
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.