John B. Goddard School of Business & Economics 175 Admissions Requirements • A four year Bachelor's degree. If the degree is not in Accounting, leveling courses will be required after acceptance into the program. • An acceptable GMAT score. • Acceptable grade point average in each of the following three areas: a. Overall GPA b. The last 60 credit hours of undergraduate work c. Accounting course work only Applicants must submit an online application, GMAT, current resume, and transcripts from every institution of higher education attended. Two letters of recommendation are required. At least one of those letters should come from individuals who can evaluate the applicant's academic abilities. All letters should address the applicant's potential for successful graduate study. Each applicant is considered on an individual basis. Additional Admission Requirements for International Students: All international students and any applicant educated outside the U.S. must demonstrate proficiency in English. Those whose native language is not English, or whose language of instruction for their undergraduate degree was not English, will be required to submit a score from the Test of English as a Foreign Language (TOEFL) which is not more than two years old and on which a minimum score of 550 (paper- based) or 213 (computer-based) has been earned. Application Application for admission to the Master of Taxation Program should normally be made by August l (fall semester), December l (spring semester), and April l (summer semester) of the year during which admission is sought. Application for admission must include GMAT scores, official undergraduate transcripts, resume, and two letters of recommendation. It is expected that the Master of Taxation Program will entail approximately two semesters of full-time study for a student with a bachelor's degree in accounting. Students with other business-related degrees can expect to spend about two years in the program. Those with non-business related undergraduate degrees should plan to spend at least three years in the program. Contact the School of Accountancy & Taxation for a separate and detailed bulletin on the Master of Taxation Program. Advisement For questions concerning academic advisement, the primary source of contact will be the Master of Taxation program director. For issues regarding registration and scheduling, students will contact the School of Accounting & Taxation department secretary. Career services will be offered through the Goddard School of Business and Economics. Course Requirements for Master of Taxation All MTAX students are required to complete the following courses (15 credit hours): • MTAX 6400 - Tax Research & Communication (3) • MTAX 6425 - Tax Practice, Procedure & Ethics (3) • MTAX 6430 - Advanced Individual Taxation (3) • MTAX 6460 - Advanced Corporate Taxation (3) • MTAX 6470 - Advanced Partnership Taxation (3) And at least one of the following (3 credit hours): • MTAX 6410 - International Taxation (3) • MTAX 6440 - Exempt Entities & State & Local Taxation (3) • MTAX 6450 - Real Estate Taxation (3) • MTAX 6480 - Retirement Planning & Employee Benefits (3) • MTAX 6490 - Mergers, Acquisitions and Consolidations (3) In addition to meeting the requirements set forth above MTAX students are required to complete 12 credit hours of electives. At least two of the elective courses must be selectedfrom MACC courses (totaling at least 6 credit hours). Electives may include a maximum of 3 hours of non-MTAXand non-MACC courses selectedfrom approved 5000 or higher-numbered courses which were not taken in the students undergraduate program. Certain MBA courses approved by the MTAX program director may also be used. School of Accounting & Taxation Department Chair: David Malone Location: Wattis Business Building, Room 221 Telephone Contact: Patricia Glover, 801-626-6072 Professors: Jefferson Davis, David Malone, Richard McDermott; Associate Professors: Larry Deppe, Matthew Mouritsen, Ryan Pace; Assistant Professor: Eric Smith; Instructor: Loisanne Kattelman The School of Accounting & Taxation creates a synergy between accounting, business, and economic theory and contemporary practice to prepare working professionals and full-time students for careers in a global, culturally diverse, information-driven economy. Three principles are central to our mission: • Education - The first, and foremost, is fostering learning through excellent teaching, individual attention, and scholarship, which develops, assesses, and disseminates good practice. • Research - The second is the application of theory to practice through applied research and scholarship, and the utilization of applied research to further learning in the classroom and through co-curricular activities. • Community - The third is advancing contemporary practice and creating learning opportunities by contributing to the accounting profession and to business and the community. The field of accounting encompasses the well-recognized profession of public accounting including auditing, management advisory services, and tax services; professional careers in industry such as management accounting (controllership), cost accounting, and internal auditing; careers in various governmental agencies and other accounting and business-related fields. (Accounting is defined as the process of gathering, classifying, interpreting, and presenting financial and non-financial information for decision-making purposes to diversified user groups.) Weber State University 2012-2013 Catalog