The Executive MS in Finance (EMSF) program provides an overview of the major areas of finance, 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.
The Executive MS in Finance program leads to a Master of Science degree.
Admission Requirements
- At least 5 years of professional/managerial 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. These skills may also be demonstrated through a satisfactory score on the GMAT, the GRE or our in-house admissions test.
EMSF Curriculum
The program has a total of 30 credits.
Required Core 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 |
Elective Courses (15 credits) Elective courses will be selected from this list of the Department of Economics and Finance's course offerings by the program Academic Director and Curriculum Committee. |
Course # | Course Title | Credits |
| Mergers and Acquisitions | 3 |
| Entrepreneurial Finance | 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 |
| Options Markets | 3 |
| Implications of Corporate Governance, Regulation, and Ethics for Risk Management | 1.5 |
| International Financial Markets | 1.5 |
| Debt Securities | 1.5 |
| Futures and Forwards | 1.5 |
| Options | 1.5 |
| Venture Capital | 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 |
Culminating Experience (Required, 3 credits) |
|
| International Financial Markets | 3 |
or |
| Seminar in Finance: International Study Tour | 3 |
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 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 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 courses, FIN 9771, FIN 9772, FIN 9773, and Fin 9785 I and II are required core courses. Many of the later courses in the program have one of the core courses as prerequisites. Any student who enters grade probation status may thus not be able to complete the EMSF program within the period of ten to eleven months.
- Students taking all of the courses offered in this cohort program will be registered for 9 or more credits each semester. Thus they considered to be full-time students.
Executive MS in Finance Degree Competencies & Program Learning Goals
| Financial reasoning skills | Students will develop the skills needed to estimate the values of projects, companies, financial securities and derivatives; to evaluate the validity of these estimates; and to formulate and implement strategies based on them. |
| Communication | Students will be effective oral and written communicators of financial data and concepts, and will be able to convey complex financial valuations, securities, and decision-making tools to others in the organization in clear, convincing ways. |
| Leadership | Students will be able to originate and implement financial strategies that create value for their firms or investment portfolios. |
| Global Awareness | Students will be able to utilize and apply their understanding of differences among global businesses and institutions in their financial practice and decision making. |
| Ethical Awareness | Students will be aware of ethical issues in finance, and be able to demonstrate their ability to identify ethical conflicts in financial matters and either resolve or avoid them. |
Contact Information
Office of 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
Email: ExecZicklin@baruch.cuny.edu