Verdict
Our Verdict on the M.B.T.
This is a 30-credit Master of Business Taxation (MBT) taught 100% online by the Carlson School at the University of Minnesota, with a built-in pause each spring for people who work through tax season. You can finish in four semesters full time or spread it across a few years while you keep your job.
The Carlson School built this program for working tax professionals, and you can see it in the details. Courses run 8 or 16 weeks. Classes are asynchronous and split into weekly modules, and nothing's scheduled between March 1 and April 15. You start in September or January.
A group of Twin Cities tax professionals from accounting firms, companies and government agencies formed an advisory board in 2012, and the school says the board reviews the curriculum so it meets the needs of the tax community and keeps up with changes in global taxation.
You learn from full-time faculty who bring more than 66 years of combined real-world tax experience and 55 years of combined teaching experience. You apply with a bachelor's degree, and the school asks for no GRE or Graduate Management Admission Test (GMAT) score and sets no minimum grade point average.
Credentials
Which Certifications It Prepares You For
You earn a Master of Business Taxation from the Carlson School. The National Association of State Boards of Accountancy (NASBA) grants 15 hours of continuing professional education (CPE) for each semester credit earned, and every MBT course fulfills accounting course requirements for the CPA exam.
The school notes that the graduate credits can help candidates meet the 150-hour CPA requirement in Minnesota and most other states. On the employer side, the school reports that 22 of the top 25 public companies in the Minneapolis-St. Paul region and 24 of the top 25 Minnesota CPA firms employ MBT graduates.
Alumni work in the Big Four accounting firms and at firms such as Baker Tilly, Wipfli and Grant Thornton. The school also reports that 18 students and graduates work for the IRS, that 12 alumni have become tax and accounting professors, and that the MBT alumni network passes 1,300 people.
- Certification Preparation
- CPA 150-hour education
- Certification Notes
- All MBT courses fulfill accounting course requirements for the CPA exam; Coursework addresses the Taxation and Regulation (REG) section
Sources: carlsonschool.umn.edu (accreditation and credentials), carlsonschool.umn.edu (accreditation and credentials), carlsonschool.umn.edu (accreditation and credentials), verified October 16, 2026
Where this degree can lead: Masters in Taxation Jobs.
Fit
Who It Fits
Who It Fits
- Working tax professionals: the pause from March 1 to April 15 lets you keep up with busy season at your firm or company and still stay enrolled.
- Accountants heading toward the CPA exam: every MBT course counts toward the accounting course requirements for the exam, and the coursework addresses the Regulation (REG) section.
- Career changers with a bachelor's degree: there's no GRE, GMAT or grade point average cutoff, so your application rests on your degree and your experience.
- Part-time students who want to pick their own order: classes can be taken in any order, so you can fit them around your day job.
- Tax staff who want a lighter first step: a 12-credit graduate certificate in taxation can be applied to the degree later if you decide to continue.
Curriculum
What You Will Study
You'll take 30 credits, and eight of them are electives you choose around your own interests. The required core starts with Tax Research, a four-credit course where you research and write several tax memoranda plus a protest letter. Tax Accounting Methods I and II cover when income and expense are recognized, accounting periods, installment sales and inventory.
Corporate Tax covers transfers of property to a controlled corporation, distributions, redemptions and liquidations, and Corporate Tax II moves into acquisitions, reorganizations and the effect of ownership changes on net operating losses. Partnership Tax follows a partnership from formation through dissolution, and Tax Technology & Analytics Fundamentals looks at how firms and businesses are investing in people, process, data and technology.
State & Local Taxation teaches nexus, apportionment and residency, International Tax I covers foreign subsidiaries and the foreign tax credit, and Tax Policy explains the economic and budget reasoning behind the Internal Revenue Code.
Electives include Property Transactions, which covers gains and losses, cost recovery and the passive loss rules, plus Transfer Pricing, Wealth Transfer (Estates & Gifts), Consolidated Tax Returns, Income Taxation of Fiduciaries, S (Small Business) Corporations, Compensation & Benefits, and Negotiation Techniques in Taxation, which covers representing a client's position before the Internal Revenue Service (IRS), including appeal options.
Two electives cover income tax accounting under Accounting Standards Codification (ASC) 740: ASC 740 Computations & Analysis and Advanced ASC 740.
Courses the School Names
- Tax Research, Communication, and Practice
- Tax Technology & Analytics Fundamentals
- Business, Government, and Economic Tax Policy
- Transfer Pricing
- Wealth Transfer (Estates & Gifts)
Standout Features
- A 12-credit taxation graduate certificate can be applied to the degree
- All MBT courses fulfill accounting course requirements for the CPA exam
- Break from classes during tax season (March 1 to April 15) so working tax professionals keep up with their jobs
- Curriculum reviewed by an MBT Advisory Board of Twin Cities tax professionals from accounting firms, companies and government agencies
- NASBA grants 15 hours of continuing professional education for each semester credit earned
Length
How Long It Takes
The degree is 30 credits. Choose the full-time option and you'll finish in four semesters. The school describes the range as one to three years, and says the degree can be done in as little as nine months or stretched to five years. Part-time students average three years.
Courses run 8 or 16 weeks, and there are two start terms, fall in September and spring in January. Applications are accepted on a rolling basis with three priority rounds for each start term. If you'd like to test the material first, a 12-credit taxation graduate certificate can be applied to the degree.
The typical cohort has about 4 to 6 years of professional work experience.
Cost
How Much It Costs at $1,695 a Credit
Tuition for 2026-27 is $1,695 per credit, the same for every student whatever their residency. Across 30 credits that's $50,850. The Carlson fee is $323 per term if you take 8 credits or fewer. It's $726 per term for 9 or more.
Books and course materials run about $200 per class. The application fee is $75. The school also offers scholarships for both full-time and part-time students. Employees of corporate partner organizations are automatically eligible for a 15% tuition discount, and degree-seeking students who are U.S. military members or veterans can receive a 15% military discount.
30 credits at $1,695 a credit comes to $50,850 in tuition, before fees.
- Cost per Credit
- $1,695 per credit
- Credits Required
- 30 credits
- Estimated Tuition
- $50,850
- Fees and Notes
- The 2026-27 rate is the same for all students and does not vary by residency. Carlson fee is $323 per term for 8 credits or fewer and $726 per term for 9 or more. Books and course materials run about $200 per class. $75 application fee.
Source: carlsonschool.umn.edu (cost and aid), verified October 16, 2026
Online
8-Week Terms and Start Dates
The program is delivered 100% online. Courses are asynchronous, divided into weekly modules, and designed with online learning experts, so you set your own hours within each week's deadlines. Courses run either 8 or 16 weeks, and the calendar stops from early March until mid-April so working tax professionals can get through filing season.
For support, online students get academic advising, career coaching and virtual technology services, plus access to a University of Minnesota alumni network of more than 445,000 people. Career services include career fairs, resume reviews and mock interviews.
- Terms
- 8 or 16 weeks per course; a break during tax season, March 1 to April 15.
- Start Dates
- 2 starts a year
- Time to Finish
- 12 to 36 months
- Part-Time Option
- Yes
Source: carlsonschool.umn.edu (format and schedule), verified October 16, 2026
Admissions
Getting In Without the GRE
- GRE
- Not required
- Admission Requirements
- Bachelor’s degree from a regionally accredited institution or a comparable degree from a recognized college or university outside the U.S; no GPA requirement.
Sources: carlsonschool.umn.edu (admissions and transfer), carlsonschool.umn.edu (admissions and transfer), verified October 16, 2026
Score
Where It Loses Points
Each factor is scored 0 to 10 against other master's programs. The weights are the same for every program, and the overall score is out of 100.
Program Score 54.9 / 100
Darker bars mean stronger factor scores. Every bar also shows its number.
The full rubric is on the methodology page.
Voices
What Students and Graduates Say
Outside lists have singled out the program for value. Online Accounting Degree Programs selected the Carlson MBT as first for value among 39 other schools in 2016, as reported on the school's news page. The school also reports that Value Colleges placed it second in its Best Value Online Master's in Taxation Degrees list for 2022.
Before You Apply
Questions to Ask the School Before You Apply
- Which 8-week and 16-week courses can I pair in my first fall or spring term without overloading during busy season?
- How many credits of the 12-credit graduate certificate would carry over if I start there?
- Does my state board count these courses toward the CPA exam accounting requirements the way Minnesota does?
- Does my employer qualify as a corporate partner for the 15% tuition discount?
School
About University of Minnesota-Twin Cities
- Degree
- M.B.T., Master's
- School
- University of Minnesota-Twin Cities, Minneapolis, MN
- Institution Type
- Public
- Delivery
- Fully Online
Source: carlsonschool.umn.edu (program and school), verified October 16, 2026
- Total Enrollment
- 56,666
- Master's Completions a Year in This Field
- 23
- Campus Setting
- City
Source: nces.ed.gov (school data from ipeds), verified October 16, 2026
Rankings
Rankings This Program Appears In
Rank is the program's position among the programs on that list at its degree level.
- Best Master's in Taxation Rank 38 of 78, master's
- Online Master's in Taxation Rank 18 of 41, master's
- Best 100% Online Programs Rank 17 of 40, master's
- No-GRE Programs Rank 7 of 17, master's
- Accelerated Programs Rank 15 of 33, master's
- Part-Time Programs Rank 22 of 39, master's
- Best for Working Professionals Rank 25 of 46, master's
- Best for Parents Rank 25 of 46, master's
- Public University Programs Rank 17 of 35, master's
Compare
Master's Programs With Similar Scores
Other master's programs with the closest scores.
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Master of Science in Tax Accounting
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Taxation and Data Analytics
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Washington University in St Louis
LL.M. in Taxation (In Person)
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LL.M. in Taxation
Frequently Asked Questions About This Taxation Program
Is University of Minnesota-Twin Cities's Online Master of Business Taxation a Good Program?
It ranks #38 of 78 master's programs in our 2027 rankings, because its tax courses span tax research and procedure, corporate tax, partnership and pass-through tax and 5 more subjects, but at $1,695 per credit it costs more than 28 of 42 other master's programs we rank.
How Long Does the Minnesota Master of Business Taxation Take?
How Much Does the Minnesota MBT Cost?
Do You Need the GRE or GMAT to Apply?
Does the Program Prepare You for the CPA Exam?
Sources
- University of Minnesota-Twin Cities's Online Master of Business Taxation page
- GRE: Not required
- Delivery: Fully Online
- Term format: 8 or 16 weeks per course; a break during tax season, March 1 to April 15; Term length: 16; Starts per year: 2
- Duration: 1 to 3 years, full-time or part-time; four semesters full-time
- Cost per credit: $1,695; Cost notes: The 2026-27 rate is the same for all students and does not vary by...; Estimated tuition: $50,850
- Credits: 30
- Notable courses: Tax Research, Communication, and Practice; Tax Technology & Analytics...
- Standout feature: A 12-credit taxation graduate certificate can be applied to the degree; Certification prep: All MBT courses fulfill accounting course requirements for the CPA exam;...
- Standout feature: All MBT courses fulfill accounting course requirements for the CPA exam; Standout feature: Curriculum reviewed by an MBT Advisory Board of Twin Cities tax...
- Standout feature: Break from classes during tax season (March 1 to April 15) so working tax...
- Standout feature: NASBA grants 15 hours of continuing professional education for each semester...
- Admissions: Bachelor’s degree from a regionally accredited institution or a comparable...
- Courses are asynchronous, in weekly modules, with a break from early March to mid-April
- Full-time students finish in four semesters
- Part-time students can take classes in any order
- A 12-credit certificate can count toward the degree
- An advisory board of Twin Cities tax professionals formed in 2012
- The curriculum includes eight elective credits
- Average completion is three years part-time, as quick as nine months or up to five years
- Applications are rolling with three priority rounds
- Typical cohort has 4 to 6 years of work experience
- Scholarships for full-time and part-time students
- Faculty experience
- Corporate partner and military tuition discounts
- No GRE or GMAT, no GPA requirement
- NASBA continuing education hours and CPA exam course requirements
- Coursework addresses the REG section
- Credits help meet the 150-hour requirement
- Employers of MBT graduates in the Twin Cities
- Minnesota CPA firms employing MBT graduates
- Alumni network size
- Firms where alumni work
- IRS employees among students and graduates
- Alumni who became professors
- Career services
- Advising, coaching, virtual support
- University of Minnesota alumni network
- Tax Research course description
- Negotiation Techniques in Taxation course
- Corporate Tax II course
- 2016 value ranking by Online Accounting Degree Programs
- 2022 Value Colleges list, as published by the school
- Advisory board reviews curriculum
- Tax Technology & Analytics Fundamentals
- Property Transactions
- IPEDS Data Center