Starting fall 2017, the UW Foster School of Business will offer a new Master of Science in Taxation (MST), based on the taxation track of the long-running MPAcc program. The change comes as the result of input from program faculty and the Seattle tax community as the program seeks to place students in a wider geographic region.
Although the tax program at Foster is well known in Seattle, accounting firms outside of Washington may not realize that this program is entirely tax-based, since many comparable MPAcc programs only offer a few electives in a student’s selected track. The creation of a new Master of Science degree devoted to taxation underscores the depth and focus of the curriculum.
While the name will change, the quality of the faculty and rigor of the classes will not. The program will offer 14 courses exploring a wide range of tax issues, from international tax and mergers and acquisitions to tax research and estate and gift taxes.
The MST program will also continue the core values and traditions that made MPAcc Taxation students so successful. The MST first time pass rate for the CPA exam leads the Pacific Northwest region at 77.2%—compared to a national first-time pass rate of 48.4%. In recent years, the program’s job placement rate has been 98%, thanks in large part to the close relationship that the program enjoys with public accounting firms in the Pacific Northwest and all over the country. The 2016 graduating class saw 36 students go to Big Four firms (PwC, Deloitte, KPMG, and EY) and 15 regional placements. The average starting salary of recent graduates was $60,000.