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:


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 TitleCredits

FIN 9771

Corporate Financial Theory and Applications 3

FIN 9772

Quantitative Tools for Finance 3

FIN 9773

Investment Theory and Applications3

FIN 9895

Special Topics in Corporate Finance: Financial Statement Analysis I*1.5

FIN 9895

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 TitleCredits

FIN 9759

Mergers and Acquisitions3

FIN 9774

Entrepreneurial Finance3

FIN 9776

Real Estate Finance3

FIN 9782

Futures and Forward Markets3

FIN 9784

Management of Financial Institutions3

FIN 9785

Financial Markets and Intermediaries3

FIN 9786

International Financial Markets3

FIN 9788

International Corporate Finance3

FIN 9789

Equity Markets: Trading and Structure3

FIN 9790

Seminar in Finance3

FIN 9792

Advanced Managerial Finance3

FIN 9793

Advanced Investment Analysis3

FIN 9795

Debt Instruments and Markets3

FIN 9797

Options Markets3

FIN 9851

Classical Foundations of Financial Risk Management1.5

FIN 9858

Implications of Corporate Governance, Regulation, and Ethics for Risk Management1.5

FIN 9880

International Financial Markets1.5

FIN 9881

Debt Securities1.5

FIN 9882

Futures and Forwards1.5

FIN 9883


FIN 9884

Venture Capital1.5

FIN 9891

Special Topics in Investments1.5

FIN 9893

Special Topics in Investments3

FIN 9895

Special Topics in Corporate Finance1.5

FIN 9897

Special Topics in Corporate Finance3

FIN 9985

Risk Management in Financial Institutions3

The program reserves the right to amend, modify and change the courses offered and/or the sequence of courses.

Degree Requirements

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.

Contact Information

Executive Programs
Zicklin School of Business
Baruch College/CUNY
One Bernard Baruch Way, Box B13-282
New York, NY 10010-5585

Phone: (646) 312-3100
Fax: (646) 312-3101