1. Master of Business Taxation Program
Summer 2010 Update May 15, 2010
Thank you for your interest in, and support of, the Master of Business Taxation
(MBT) program at the University of Minnesota’s Carlson School of Management.
The following slides provide an overview of :
Upcoming Events
Curriculum Update
Required Courses
Suggested Corporate Tax Electives
Suggested Middle Market Tax Electives
Course Schedule (subject to change)
Online Electives
Program Planner
More information is available at by calling our
office at (612) , or by ing me at
Mark A. Sellner
CPA, JD, LLM (taxation), CFP®
Director, MBT Program
(612)

2. Carlson School of Management
Master of Business Taxation Program
Upcoming Events
MBT Reunion Lunch
Friday, October 1, 2010
Carlson School of Management
Gary Carter Fred Jacobs
After 25 years as an outstanding instructor and mentor of MBT and Carlson School students, Gary Carter is retiring from academia to focus on his accounting practice.
Gary has been recognized twice with The Green Eyeshade Accounting Instructor of
the Year Award. More on Gary’s background is available at his Profile Page
Please join us on Friday, October 1, 2010 at the Carlson School Reunion to wish Gary well and to greet MBT’s founder and retired Director Fred Jacobs.
Registration will be open at

3. Master of Business Taxation Program
Upcoming Events
MBT New Student Orientation Friday, June 18, 2010 Thursday, August 26, 2010 Monday, January 3, U of M Homecoming Weekend Friday-Saturday, October 1-2, Minnesota Society of CPAs 56th Annual Tax Conference Monday-Tuesday, November 15-16, MBT Graduation Monday, May 16, 2011

4. Master of Business Taxation Program
Curriculum Update
Effective Fall 2010 Term A, the Common Body of Knowledge requirements
will be eliminated.
ACCT 2050 Introduction to Financial Reporting and ACCT 5135
Fundamentals of Federal Income Tax, or equivalent college level courses,
will continue to be prerequisites for MBT coursework.
BLAW 3058 The Law of Contracts and Agency, or an equivalent college level
course, will be required before MBT graduation.
Current students, as well as newly-admitted students, no longer need to complete
the previous Common Body of Knowledge requirements.

5. Master of Business Taxation Program
Curriculum Update
Effective Fall 2010 Term A, the Plan B writing requirement will be eliminated.
Required course MBT 5220 Tax Research will continue to include a significant
writing component. However, graded papers will no longer need to be submitted
to fulfill the MBT graduation requirements.
Current students, as well as newly-admitted students, no longer need to submit any
Plan B papers for graduation.

6. Master of Business Taxation Program
Curriculum Update
Effective Fall 2010 Term A, MBT 5323 Mergers and Acquisitions will move to Spring 2011 Term B.
Effective Spring 2011 Term A, MBT 5500 Tax Policy will be a required 2-credit, rather than a 4-credit, course. The course will meet Spring Term A.
Effective Spring 2011 Term B, MBT 5150 Current Financial Accounting Issues will be an elective, rather than a required, course.

7. Master of Business Taxation Program Required Courses
The MBT program consists of 30 credits, including 12 credits of required courses and 18 elective credits.
Application
Transcripts
GMAT
Adviser Meeting
Tax Research
MBT 5220
Tax Accounting
Methods and Periods
MBT 5200
Corporate Tax
MBT 5230
Tax Policy
MBT 5500
Business Law
BLAW 3058
or equivalent
MBT PREREQUISITE
ACCT 2050
Introduction to
Financial Reporting
ACCT 5135
Fundamentals of
Federal Income Tax
4 credits
4 credits
2 credits
2 credits
No MBT credit

8. Master of Business Taxation Program Suggested Corporate Tax Electives
[all electives are 2 credits]

9. Master of Business Taxation Program Suggested Middle Market Tax Electives
[all electives are 2 credits, except 3-credit online courses] 9

10. Master of Business Taxation Program Course Schedule
Summer
2010
Monday
Partnerships
Tuesday
S Corporations
Wednesday
Transfer Pricing
Thursday
Taxation of
Manufacturers 10

11. Master of Business Taxation Program Course Schedule
Fall
2010
Term A
Monday
Corporate Tax
Tuesday
Accounting
Methods
[Full Semester]
Wednesday
Research
Thursday
International Tax 11

12. Master of Business Taxation Program Course Schedule
Fall
2010
Term B
Monday
FAS 109
Tuesday
Accounting
Methods
[Full Semester]
Wednesday
Research
Thursday
Property 12

13. Master of Business Taxation Program Course Schedule
Spring
2011
Term A
Monday
Corporate Tax or
Trusts & Estates
Tuesday
Tax Policy
FAS 109*
Wednesday
Tax Research*
[Full Semester]
Thursday
State and Local
* U of M, not MBT, Spring Semester Schedule 13

14. Master of Business Taxation Program Course Schedule
Spring
2011
Term B
Monday
M&A
Tuesday
Comp & Benefits or
Current Financial
Accounting
Wednesday
Tax Research*
[Full Semester]
Estate and Gift
Thursday
Consolidated
Returns
* U of M, not MBT, Spring Schedule 14

15. Master of Business Taxation Program
Online Electives
MBT degree candidates may, with advance permission of the Director of the
MBT program, transfer credits from up to two elective courses from online graduate tax
programs. MBT required courses may not be completed online.
Possible online electives include:
Fall 2010
Employee Compensation and Advanced Individual Taxation Issues (3 credits)
Spring 2011
Estates, Trusts, and Fiduciary Taxation (3 credits)
Please contact Mark Sellner, Director of the MBT program, at
for more information.

16. Master of Business Taxation Program Program Planner
Fall Term A 20____
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Fall Term B 20____
Spring Term A 20____
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Spring Term B 20____
Summer Term 20____