our corporate policies do not allow the executables to be run from withing the install-path of the emulator at ...\AppData\Local\Programs\@bfemulatormain

However, there is currently no option to change the installation path in the installer.
This is actually something that has been proposed before, and I believe could be done using one of the electron-builder build flags.
I actually have a branch with this enabled, and it seems to work, we would just need to get some custom images for the installer (@DesignPolice ).
See #1259
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We will consider this, and potentially add it to the planned work for the 4.7 release once we finish the planning phase.
Until then I found the following workaround:
Closing due to inactivity
What?! Inactivity counts as a fix?
Reopening to track. As this issue still hasn't been fixed.
This is in progress. I've sent @DesignPolice the requirements for the installer graphics, and he is working on them.
Once the graphics are done it will be a very easy change to implement.
Thanks @tonyanziano
A few loading graphics to try out. See how they look.

