The Executive MS in Finance program provides students with an overview of the major areas of finance with the view to providing executive students with the knowledge they need to leverage their careers in finance and business. In this course of study, we start with basics, build on them, and then proceed to more specialized courses to prepare students with the knowledge needed to manage future challenges in all major areas of finance.
The primary focus of the required courses in the program is fundamental financial concepts and models. The corporate finance course covers valuation concepts and techniques, essentials of debt and equity securities, capital budgeting, and elements of corporate capital structure. The investments course introduces students to Markowitz diversification theory, the capital asset pricing model of asset returns, and emphasizes a range of approaches to investment management and evaluation. The quantitative methods course covers essential statistical concepts needed in finance, value at risk, and regression models.
In the advanced courses, students build on their foundational knowledge. Case studies play a larger role in many of these courses, and challenge students to learn by doing. The last set of courses introduces students to new challenges and frontiers in finance.
The delivery and format of the EMSF program may be modified in special circumstances. This may be done, for example, when given as part of the Zicklin International Executive Programs, or as part of a specialized program designed for a specific organization.
Basic qualifications for EMSF candidacy include:
- 5-7 years of professional, managerial, or executive experience (generally this experience should be post-undergraduate)
- an undergraduate degree from an accredited university or foreign equivalent
- appropriate quantitative skills (acquired via academic training or professional experience, or demonstrated via a GMAT/GRE score or our in-house Admissions Test)
More admissions information is available online here.
Information on the application process is available here.
The EMSF Program Curriculum
|Required Courses (12 Credits)|
|Course #||Course Title||Credits|
|Corporate Financial Theory and Applications|| 3|
|Quantitative Tools for Finance|| 3|
|Investment Theory and Applications||3|
|Special Topics in Corporate Finance: Financial Statement Analysis I*||1.5|
|Special Topics in Corporate Finance: Financial Statement Analysis II*||1.5|
|*Finance 9895 I and II are not required for students who entered the program before Fall 2016.|
|Elective Courses (18 credits)|
|Elective courses will be selected from the Department of Economics and Finance's course offerings by the Academic Director of the EMSF program in consultation with the Chair of the Department.|
|Course #||Course Title||Credits|
|Mergers and Acquisitions||3|
|Real Estate Finance||3|
|Futures and Forward Markets||3|
|Management of Financial Institutions||3|
|Financial Markets and Intermediaries||3|
|International Financial Markets||3|
|International Corporate Finance||3|
|Equity Markets: Trading and Structure||3|
|Seminar in Finance||3|
|Advanced Managerial Finance||3|
|Advanced Investment Analysis||3|
|Debt Instruments and Markets||3|
|Classical Foundations of Financial Risk Management||1.5|
|Implications of Corporate Governance, Regulation, and Ethics for Risk Management||1.5|
|International Financial Markets||1.5|
|Futures and Forwards||1.5|
|Special Topics in Investments||1.5|
|Special Topics in Investments||3|
|Special Topics in Corporate Finance||1.5|
|Special Topics in Corporate Finance||3|
|Risk Management in Financial Institutions||3|
The program reserves the right to amend, modify and change the courses offered and/or the sequence of courses.
Students must earn 30 credits for the Executive MS degree, maintain a cumulative 3.000 grade point average, and satisfy all Baruch College, Zicklin School of Business and Executive Programs policies, rules, and regulations.
A student whose GPA falls below 3.000 after taking 6 or more credits in the program will be on academic grade probation. He or she must comply with all Baruch College requirements of grade probation status to continue in the program. Please refer to the current Baruch College Graduate Bulletin, discussion of General Academic Regulations (here), for information on these requirements.
Because this is a cohort program, all students take the same courses together and in the same order. The first three courses, FIN 9771, FIN 9772, and FIN 9773, are required core courses. Many of the later courses in the program have one of the core courses as required prerequisites. Any student who enters grade probation status may thus not be able to complete the EMSF program within the period of ten months.
Due to the modular delivery format of the program, please refer to your enrollment contract for the program payment schedule and for the program’s refund policy.
Students taking all of the courses offered in this cohort program are, by definition, considered to be full-time students.
Zicklin School of Business
One Bernard Baruch Way, Box B13-282
New York, NY 10010-5585
Phone: (646) 312-3100
Fax: (646) 312-3101