Have you ever thought about doing a Master of Taxation? If yes, this episode is for you.
Master of Taxation
UNSW runs a Master of Taxation (MTax) program and so do a few other universities. We wanted to know more and so met with Michael Walpole, the Head of School of the UNSW School of Taxation and Business Law. Here is a short glimpse of what we learned but the interview above with Michael gives a much better overview.
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# 1 Is the Master of Taxation program a relatively new program?
The MTax program started long after the Master of Business Administration (MBA) but already has a few decades under its belt as well. It is now well established, known and respected.
# 2 Is MTax a universal abbreviation like MBA?
MTax stands for Master of Taxation. And yes, this is pretty much the generally used abbreviation in Australia.
# 3 How is the MTax different to the CTA or other programs?
The Chartered Tax Adviser program is run by The Tax Institute. And is a pretty thorough program at a high technical level. The difference is depth. The MTax dives much deeper into issues.
# 4 Who does an MTax at UNSW?
All students have at least 2 years of practical experience. Nobody comes straight from a Bachelor all the way through to finishing an MTax. There are always at least 2 years of actually working in tax.
Most students are based in Melbourne or Sydney. Face-to-face courses are based in Sydney. But the online courses you can access from anywhere in Australia or overseas.
# 5 How many students do an MTax at UNSW at any given time?
About 200 – give or take a few.
# 6 Who lectures?
Nobody lectures in the MTax program without practical experience. Most lecturers have worked in tax for a number of years and have come to academic life as a second career. Some lecturers are practice based but that is the minority.
# 7 Which universities in Australia offer an MTax program?
UNSW, University of Sydney, Melbourne University, Curtin University, Griffith University and others.
All this is just our brief take on the issue, but please listen to the episode above. Michael Walpole explains all this in a much better way than we ever could.
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Disclaimer: Tax Talks does not provide financial or tax advice. This applies to these show notes as well as the actual podcast interview. All information on Tax Talks is provided for entertainment purposes only and might no longer be up to date. You should seek professional accredited tax and financial advice when considering whether the information is suitable to your or your client’s personal circumstances.