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The EMFC programme offered by the UvA and VU is updated on an ongoing basis to reflect themes of current interest. The programme consists of 3 semesters.

Topics per semester

  • Semester 1 (September – January, year 1) focuses on the controller’s core role: Control, Comply & Lead.
  • Semester 2 (February – July, year 1) focuses on measurement and reporting: Measure, Explain & Forecast.
  • Semester 3 (September – January, year 2) situates the controller within the wider organisation: Value, Decide & Develop.

Lectures alternate between VU (semesters 1 and 3) and the UvA (semester 2). Assessments take the form of exams and practice-oriented papers. Throughout the programme, you’ll also work in groups on a Business Project, which is the final assignment that completes your degree.

Curriculum

The curriculum focuses on optimally supporting business operations and guiding organisational transformations. The programme is organised into 3 semesters of 6 months each. Each semester covers a coherent set of topics and examines the interrelationships between them.

Semester 1: Control, Comply & Lead
  • Finance Function Excellence

    Explore the organisation of the finance function and the business controller’s role as strategic and operational business partner.

  • Financial Planning & Analysis

    Discuss planning, forecasting and performance measurement tools and evaluate how your own organisation’s finance function employs them.

  • Tax Law

    Understand when and how national and international tax considerations can influence operational choices so as to effectively advise tax specialists.

  • Financial & Sustainability Reporting

    Expand your insight into financial and sustainability reporting requirements and the controller’s role in this process.

  • Corporate Governance

    Understand the legal and statutory frameworks governing organisations, from the role of the works council to that of financial regulators.

  • Leadership

    Develop your personal and professional leadership skills and explore your own leadership style, strengths and areas for development.

Semester 2: Measure, Explain & Forecast
  • Performance Management

    Develop performance-measurement systems to fit specific organisational operating models and understand the utility of data analytics and AI.

  • Data Analytics & AI

    Apply data analytics and AI to complex datasets and learn how they can support performance management.

  • Business Case Analysis

    Prepare business cases and learn how to translate project proposals into valuation models.

  • Information, Technology & Control

    Understand how technology, accounting information systems and internal control support business processes to ensure their effective management.

  • Business Project

    Working under supervision, design and conduct research at your own organisation as the final project of your degree.

Semester 3: Value, Decide & Develop
  • Business Valuation & Finance

    Develop a conceptual framework to support organisational investment and financing decisions and use this information to understand how investors, analysts, banks and other users evaluate organisations.

  • Treasury Management

    Examine the added value of corporate treasury activities and departments for an organisation.

  • Strategy & Stakeholder Management

    Understand how interests, culture, leadership and governance influence organisational decision-making processes.

  • Strategy Realization

    Learn how management control systems support the implementation of strategy.

Hein van Schie, business controller at KLM
Courses and assignments are consistently linked to real-world practice, making it easy to apply what you learn directly to your own work from the start. Hein van Schie, business controller at KLM Read Hein's testimonial

Accelerated RC track for RAs

Are you a Registered Accountant (RA – theoretical) with a strong business-controller profile? Then you can do an accelerated 14-month track of the UvA-VU joint programme. On completing this track, you will hold an Executive Master of Finance & Control (MSc). The accelerated track starts in September only.

Business Project

The EMFC incorporates a Business Project for which you’ll research a practical challenge at your own organisation using the practical and theoretical knowledge acquired through the programme. Findings are reported in the form of a thesis. You’ll have a series of introductory sessions explaining literature review and research methods, and our academic team will supervise you throughout the project. This research component offers tangible added value for you and your organisation.

Strong foundation

The Amsterdam Business School offers a wide range of outstanding executive degree programmes, including an MBA, MBA in AI, Data & Analytics, MBA in Finance and several Lean Six Sigma programmes. Collaboration and exchange across these programmes ensure that the core competencies of the contributing disciplines are firmly embedded in the EMFC curriculum.

Marjolein van Hage, Chief Financial Officer at Omnimap
The programme is updated annually to reflect the latest developments as well as student feedback. Marjolein van Hage, Chief Financial Officer at Omnimap Read Marjolein's testimonial