Tax is a basis for the nation as a major financial source to finance public services conducted by the government. If a developing country is to pursue economic development, how to enhance domestic resource mobilization, particularly tax revenue, and so avoid excessive reliance on external resources should be of critical importance.

Keio University, through the Graduate School of Business and Commerce, has provided the Master's Degree Program in Taxation Policy and Management since 1996 in close cooperation with the National Tax Agency for promising personnel having been and expected to be engaged in tax policy-making and tax administration in developing countries.

The Program resumed as Master's Program in Taxation Policy and Management from September 2022 (its academic year is to be changed from April-March to September-September from 2022) with scholarships not only of the World Bank but also of the Asian Development Bank available for eligible students subject to those institutions' approval.

Since its establishment in 1961 (Showa 36), the Graduate School of Business and Commerce has consistently designed its curriculum based on this fundamental principle in its education programs. We believe that acquiring superficial knowledge about systems is not enough. It is also important to be informed about what lies behind these systems and to understand the basic structural mechanisms that move society.


Program objectives

*To improve academic skills to find out useful data and make analysis related to tax and other economic issues facing a developing country and to build capacity of writing and presentation on identified issues and proposed solutions.
*To deeply understand tax policy and systems based on international comparison and study other related policy fields such as public finance and business economics so as to be able to identify policy issues facing a developing country from broader perspectives and propose solutions or strategic directions.
*To study the ways to improve effectiveness and efficiency of tax administration, in both aspects of taxpayer services and enforcement, based on up-to-date best practices conducted in Japan and internationally so as to be able to identify administrative issues facing a developing country and propose solutions.

Curriculum and Degree requirements

The Master's Program in Taxation Policy and Management is a two-year program which offers a Master of Arts degree in Business and Commerce. Its curriculum is comprised of courses related to tax policy/administration and public finance as well as other courses with a wide range of subjects. Courses with subjects of domestic/international tax system and policy, public finance and accounting provide students with opportunities to enhance and update their tax-related knowledge and deepen their understanding of potential issues and solutions. Courses with subjects in other economic fields such as business economics, business administration, macroeconomic analysis, international economy, international finance and Japanese economy provide them with opportunities to study and research tax issues and others from broader perspectives. The curriculum also offers courses with subjects including econometrics, academic writing and business communication for helping improve students' analytical, writing and presentation skills. The courses are categorized into mandatory ones and elective ones. All the courses are conducted completely in English.

Students are also provided with an opportunity to take a practicum course conducted by the tax administration of the Japanese government (the National Tax Agency) through its staff training institution, the National Tax College, as described in more detail below.

For completing coursework, students are required to earn at least 32 credits (each semester course gives 2 credits) based on the Graduate School's rules though they are encouraged to earn more credits given the nature of the Program. In addition to the minimum credit requirements, the curriculum requires scholars to write and submit a thesis and pass the following thesis defense, which would be the greatest task for students to earn the Master's degree.

Course List

Academic Writing
Advanced Study of Comparative Management
Advance Study of Econometrics
Advanced Study of International Economy
Advanced Study of International Finance
Advanced Study of Micro Marketing
Advanced Study of Modern Business Administration
Advanced Study of Public Finance
Business Communication
Business Economics I
Business Economics II
Consumer Psychology in Global Markets
Domestic Tax Law
Economic Analysis
Economic Growth
International Economy
International Tax Law
Introduction to Econometrics
Japanese Economy
Seminar: Advanced Study of Tax Administration (Practicum at the National Tax Agency)
Seminar: Advanced Study of Taxation and Economic Policies
Seminar: Public Finance

Course Description: Fall 2022

Students' Research Papers


Academic Calendar

1st year Late September Enrolment and orientation
Early October Fall Semester classes start
Early October Practicum at NTC starts
Late December - Early January Winter break
End-January Fall Semester classes end
March Intensive lecture at NTC
Early April Spring Semester classes start
Mid-June Practicum at NTC ends
End-July Spring Semester classes end
2nd year Early October Fall Semester classes start
Late December - Early January Winter break
End-January Fall Semester classes end
Early April Spring Semester classes start
Late May Master's Thesis title due
Late June Master's Thesis due
Mid-July Thesis Defense (oral examination)
Late July Spring Semester classes end
Early September Graduation (Degree conferring ceremony)

NTC Practicum and Other Opportunities

NTC Practicum

The greatest unique feature of the Program derives from a close association with the National Tax Agency which offers, through the National Tax College (NTC), a practicum course specifically designed for capacity-building of tax administration officials in developing countries. The practicum is provided for 9 months and formally incorporated in the Program as a mandatory course. Students are given lectures together with students (also from developing countries) studying in other universities and required to conduct research work focusing on administrative issues. They are also given chances to conduct activities including mock tax treaty negotiations and field trips. The practicum complements the Program by focusing on practical aspects in the study on tax systems.

Other opportunities

The Program also provides students with valuable opportunities of participating in high-level international conference as an observer on a regular or ad-hoc basis. Although these opportunities are not formally included in the Program, in practice students are given a chance to be an observer of the Japan-IMF High-level Tax Conference almost every year. In 2019, they also attended the Asian Development Bank-OECD Tax Workshop. This derives from a close association of Keio University with such international organizations. This opportunity gives students precious experience of studying up-to-date tax issues with the highest priority.


Application for September 2023 Enrollment

Eligibility Requirements

Applicants who meet all of the following requirements (1, 2, 3) are qualified to apply for admission.

An applicant is required to

1. Hold a Bachelor's degree or its equivalent with superior academic achievement earned at least three (3) years prior to the Application Deadline.

2. Have, by the time of the Application Deadline, at least three (3) years of full time paid professional experience in the field of tax policy and administration at a public body (institution) after obtaining a Bachelor's degree.

3. Demonstrate proficiency in the English language at the level of a TOEFL score of 80 (iBT) or better, or an IELTS score of 6.0 or better.

Application Schedule

Application Period10:00 a.m. on December 1, 2022 - 3:00 p.m. on January 6, 2023
Announcement of Results7:00 p.m. on February 27, 2023

Please note that the application deadline is set earlier than last year.

Application Fee

JPY 10,000 (+ an administrative fee JPY 401)

Application Guide

Information on the application procedure (including the link to Application Guide for September 2023 Enrollment)

Application Review Process

Assessment of each applicant is based on an evaluation of the application documents.

Academic Fees and Expenses

Please refer to Academic Fees for Keio University Graduate Schools to find the latest academic fees and expenses for the Graduate School of Business and Commerce

Scholarships upon Admissions

The Program offers for admitted applicants an opportunity to apply for scholarships shown below. Applicants who intend to apply for any of those scholarships are required to closely check their eligibility requirements including countries eligible for those scholarships.

The World Bank

JJ/WBGSP Participating Programs
This scholarship is available for nationals of developing countries specified for JJ/WBGSP Participating Programs 2022-2024.Its application window will open from March 27, 2023 to May 26, 2023.

Asian Development Bank

ADB-Japan Scholarship Program
Please note that admitted applicants who want to apply for the ADB-Japan scholarship will be requested to prepare and submit all required documents for the application of the ADB-Japan scholarship to the Graduate School of Business and Commerce, Keio University, shortly after admission is granted.

Contact Information

Master's Program in Taxation Policy and Management (TPM)
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