but cannot take any time away from work. This program is the same as the Friday/Saturday program, with the exception that classes only meet on Saturdays over a longer period of time. In addition to the New York-based EMBA Program, Columbia offers three partner programs to meet the differing needs and geographical distribution of prospective students. Because students in the partner EMBA programs must satisfy the separate requirements of each school, they earn an MBA degree from each participating university. Likewise, they become alumni of each university and business school and may avail themselves of all programs and privileges afforded to alumni. The EMBA-Global Americas & Europe program is a 20-month program administered in partnership with the London Business School. The program enrolls approximately 70 students from around the world per year. Courses are taught by the full-time faculty of both schools. During the first year, the core curriculum classes alternate monthly between the campuses of Columbia University and the London Business School. The core curriculum is similar to that offered in the regular EMBA programs offered separately by each school, but with a more transnational-business emphasis. Second year classes may be selected from the portfolio of EMBA classes offered at either or both partner schools. The EMBA-Global Asia, run jointly with the London Business School and the University of Hong Kong. This 20-month program follows a curriculum similar to the EMBA-Global program. Classes are held in Hong Kong, London, New York, and Shanghai. EMBA rankings No. 2 worldwide, No. 2 US program, BusinessWeek, 2011 Executive MBA Rankings No. 2 worldwide, Financial Times, 2010 Executive MBA Rankings, Global-EMBA program No. 3 US Program, No. 13 worldwide. Financial Times, 2010 Executive MBA Rankings, Berkeley-Columbia program No. 4 US Program, No. 15 worldwide. Financial Times, 2010 Executive MBA Rankings, NY-EMBA program No. 5 U.S. News & World Report 2010 Rankings No. 4 BusinessWeek Executive MBA Rankings, NY-EMBA program No. 9 Wall Street Journal Executive MBA Rankings, 2010, NY-EMBA program MS Programs Columbia Business School offers three separate Master of Science degrees in Accounting and Fundamental Analysis, Financial Economics and Marketing. Admission to the programs is extremely competitive: in 2021, there were 837 applicants to the Financial Economics program and only 20 students were accepted. Doctoral program The degree of Doctor of Philosophy (PhD) is offered by the Graduate School of Arts and Sciences and is administered by the Business School. Admission is