Skip to main content
About HEC About HEC
Faculty & Research Faculty & Research
Master’s programs Master’s programs
MBA Programs MBA Programs
PhD Program PhD Program
Executive Education Executive Education
Summer School Summer School
HEC Online HEC Online
About HEC
Overview Overview
We Are
We Are
Egalité des chances Egalité des chances
HEC Talents HEC Talents
International International
Sustainability Sustainability
& Inclusion
& Inclusion
Stories Stories
Faculty & Research
Overview Overview
Faculty Directory Faculty Directory
Departments Departments
Centers Centers
Chairs Chairs
Knowledge@HEC Knowledge@HEC
Master’s programs
Master in
Master in
Double Degree
Double Degree
MBA Programs
Executive MBA Executive MBA
PhD Program
Overview Overview
HEC Difference HEC Difference
Program details Program details
Research areas Research areas
HEC Community HEC Community
Placement Placement
Job Market Job Market
Admissions Admissions
Financing Financing
Executive Education
Home Home
About us About us
Management topics Management topics
Open Programs Open Programs
Custom Programs Custom Programs
Events/News Events/News
Contacts Contacts
Summer School
Youth Programs Youth Programs
Summer programs Summer programs
HEC Online
Overview Overview
Degree Program Degree Program
Executive certificates Executive certificates
Summer Programs Summer Programs
Youth programs Youth programs

Executive Education

Executive MSc in finance

Executive MSc in finance

Boost your career by gaining expertise in strategic finance 

In fast-moving markets, the Executive MSc in Finance will enable you to acquire full mastery of finance concepts ranging from key fundamentals (corporate finance, country risk assessment, Mergers & Acquisitions, negotiation...) to the challenges of Big Data, Blockchain and cryptocurrencies. 

The program adopts a hand-on approach that allows participants to immediately apply the knowledge acquired during the courses to the challenges they face in their companies. 

Delivered in English, this program of excellence welcomes high-level managers from all over the world. 

une homme et une femme en costume discutant dans un couloir

Executive MSc in Finance International program

Format: 5 modules of 8 days + optional online refresher course over 40 days
Duration: 18 months
Language: English
Next start:
Cost: 54900 €*
Place: France

The program is aimed at:  


Finance Directors in all sectors, current and aspiring Corporate Executives, Bankers and Financial Services Experts, and other experienced finance professionals: 

  • Senior Managers who wish to move towards a CFO or CEO role 
  • Executive board members who wish to enhance their finance skills
  • Executives from banks and financial services firms 


Download the brochure


* Net price, HEC Paris is not subject to VAT. Prices, dates, faculty, and program content are subject to change. 



Acquire an understanding of the principles of financial economics that explain the behavior of economic agents in the corporate world and the financial markets

Learn how to value projects and firms in an international setting

Understand how firms, from the start-ups created by entrepreneurs to global corporations, finance their operations, manage their risks, choose their governance

Understand the principles behind the FinTech and Cryptocurrency revolutions

Enhance your quantitative skills through hands-on problem solving

Master the intricacies of country-risk analysis

Improve your negotiation techniques

Develop global perspectives and benefit from new networking opportunities with successful executives worldwide



A program of excellence designed by HEC Paris Executive Education, # 1 worldwide in the Financial Times rankings 2022  

Taught by internationally renowned professors and consultants from major investment banks 

Access to the HEC Alumni network:  a true career accelerator with +60,000 graduates worldwide and +1,000 events per year  



The Executive MSc in Finance is comprised of one optional online module and five eight-day in-class modules (320 hours of teaching). The program is delivered and assessed exclusively in English.

Optional Refresher Webinars (Online)

  • Financial Accounting Principles
  • Time Value of Money

Module 1 provides a thorough overview of the fundamentals of finance that will serve as stepping-stones for the rest of the program:

  • Capital Budgeting
  • Financial Statement Analysis
  • Risk & Return and Fundamental Theories of Finance: the Modern Portfolio Theory and the Capital Asset Pricing Model
  • Financial Policy
  • Capital Structure and the Cost of Capital

The first half of Module 2 includes a three-day seminar that will help executives to refine their negotiation skills. These three days are followed by a one day lecture on Merger and Acquisitions accounting. The second half of Module 2 is dedicated to Valuation of firms:

  • Negotiation Seminar
  • M&A Accounting
  • Valuation Tools
  • Additional Topics in Valuation

Module 3 is dedicated to Financial Markets, Asset Management, and novel tools in finance. The module starts with lectures on FinTech, and Blockchains & Cryptocurrencies. These two days are followed by a two-day lecture on short-term fixed-income instruments, their markets, and derivatives. The second part of Module 3 is composed of lectures on asset management and stock markets.

  • Introduction to FinTech
  • Blockchains and Cryptocurrencies
  • Short-term Fixed Income Instruments and their uses and markets
  • Asset Management
  • Stock Markets

The first part of Module 4 focuses on macroeconomic analysis and how to evaluate country risk. These three days are followed by a lecture on Entrepreneurship Finance. The second part of Module 4 focuses on International Finance as well as how to manage risk in the fixed-income markets.

  • Macroeconomic Analysis & Country Risk
  • Entrepreneurship Finance
  • International Finance
  • Fixed Income Instruments, Markets, and Risk-Management


The last Module is dedicated to advanced topics in Corporate Finance and Financial Markets. We start out by learning how corporations manage their input and output price risks. Then a one-day lecture covers the challenges of governance for a modern corporation. Another one-day lecture discusses why we need the regulation of financial intermediaries focusing on banks, and what might be the perverse effects of such regulation. We finish the first part of Module 5 on the market microstructure of financial markets: i.e., on the trading and associated liquidity, focusing on the stock markets. The second part of Module 5 is dedicated to the various financial transactions conducted by corporations for the purposes of financing or restructuring the firm: initial public offerings, seasoned equity offerings, mergers and acquisitions, divestitures, resorting to private equity financing, the role of venture capital.

  • Hedging for corporates
  • Corporate Governance
  • Banking and its Regulation
  • Trading and Liquidity in Financial Markets
  • Corporate Financial Transactions

The Professional Thesis gives the EMiF participants the opportunity to apply what they have learned during the program and their extensions on a specific individual research project. It enables them to build on their own experience, capitalize on the input and guidance of faculty and experts from the world of finance. Participants will be allocated a tutor from HEC Paris or an expert in the particular field they choose to study. They will have to conduct a review of the existing literature, hypothesis development, data collection and analysis, and draw conclusions based on their findings.

Academic Director(s)

portrait de Loanid Rosu
Ioanid ROSU
Associate Professor, HEC Paris

Learning methods


Case-based learning taught by the world-renowned faculty of HEC Paris and high-level investment bankers and consultants.  The professional thesis enables the participants to apply what they have learned during the program by focusing on a specific individual research project. It is the final assessment of the program.

Download the brochure



Fields preceded by an * are mandatory. Failure to fill out the correct fields will delay your brochure request. By completing this form, you are giving consent to HEC Paris to collect your data in order to process your request for documentation, offer you its training programs and ensure their follow-up. You have a right to access, modify, oppose, delete, limit, transfer, and to inform us how you wish your personal data to be processed, in the event of your death, by contacting Find out more about the management of your personal data and your rights





Do you feel that this program could be made for you?

In order to get feedback from our admissions teams regarding your suitability for the program, please do not hesitate to fill in our short online form below or contact our team. 

This program is accessible for people with disabilities. Please contact us if you have any specific requirements or to obtain the Public Accessibility Register.

Funding options

Find out more about possible funding options for the program you have chosen.

Explore funding options


photo Imre Ignacio SZAPARY
Imre Ignacio SZAPARY
Business development manager