The Master of Science in Taxation is designed to create a core of tax professionals in the Caribbean with the expertise to help businesses navigate the technical issues of tax planning, policy and accounting. The programme provides an extensive overview of theoretical, technical, functional and managerial aspects of taxation, and contemporary issues impacting the discipline. It is designed to appeal to those students who are seeking to pursue a specialisation in the area of taxation. The content of the programme is also ideally suited for practitioners, from both the private and public sectors, who are seeking to upgrade their skills and expand their knowledge base in taxation. The programme is comparable to what obtains in reputable Universities in Canada and Australia. The courses are lectured by a cadre of local and international experts from within academia, and practitioners from both the private and public sectors.
The programme is designed to attract persons who are already in the field of tax and have practical knowledge but want to enhance this practical knowledge with a theoretical framework; those persons who want to work with governments in tax administration and tax policy; those individuals who want to make a career in tax; those persons who want to become tax consultants, tax planners and financial advisors. Thus, it is the expectation that the programme will provide a group of elite tax professionals who would be functional at the regional and national levels, acting as advisors to their respective governments on tax policy issues, serve as tax consultants, tax accountants, financial advisors and tax planners in public sector and private sector. Last but not least, it hoped that the programme will produce a cadre of academics in taxation at the tertiary level.
Thus, the programme of study will meet the needs of students who have completed an undergraduate degree in Accounting or persons who have a non accounting background but who have been involved in tax in industry or in government. It will also cater to persons who have a background in law and to those persons who neither have an accounting background nor work experience in tax. Persons who have a non accounting background but have experience working in tax administration or in tax in the public or private sector or who have training in law will be required to read for two accounting courses Financial Accounting 1 and 2 and two law courses- Business Law and Company Law. Those who neither have an accounting background nor work experience in the field of tax, nor a law background will be required to do a preliminary year. During this year, these students will be required to read for six courses as follows: two undergraduate taxation courses; two second level financial accounting courses and two law courses: business law and company law.
DURATION OF STUDY
The M.Sc. in Taxation is offered in the evenings to full-time and part-time students. Full-time students will take a minimum of four classes per semester, and are expected to complete the programme in twelve calendar months, that is, three semesters. The final semester is used to work on a rigorous research paper.
Part-time students will take a minimum of two courses in each semester and are expected to complete the programme in twenty four months, that is, eight semesters. Part-time students will also complete a research paper in their final semester.
Applicants who did not get their degrees from UWI, must arrange to have sent to the UWI, official copies of transcripts from all colleges or universities attended, whether or not a degree was earned from an institution.