COURSE DESCRIPTION
Offering an intensive introduction to the complex world of M&A, this course will provide an invaluable foundation in strategy, regulation, finding a deal, corporate valuation, and more.
You will learn about buyer strategies, how M&A can increase business value, and how to start the acquisition process, as well as identify successful acquisitions.
Taught by instructors with decades of experience on Wall Street, this M&A course will equip analysts and associates with the skills they need to rise to employment in the M&A field. Additionally, directors and managers who have transitioned, or hope to transition, to M&A from other areas such as equities or fixed income can use this course to eliminate skill gaps.
This course is part of the New York Institute of Finance’s popular Mergers & Acquisitions Professional Certificate program.
LEARNING OUTCOMES
- Recognize the common motivations for acquisitions and the reasons many are unsuccessful.
- Identify the methods of structuring a business acquisition.
- Evaluate the intrinsic and relative valuation methods for target companies.
Syllabus
Session 1: Overview and Buyer Strategies
- Lesson 1: Global M&A
- Lesson 2: Emerging Market M&A Issues
- Lesson 3: The Buyer’s Viewpoint
- Lesson 4: Three Ways M&A can Increases Value
- Lesson 5: Buy vs. Build Synergies
- Case Studies
Session 2: Finding a Deal
- Lesson 1: Starting the Acquisition Process
- Lesson 2: Characteristics of Successful Acquisitions
- Lesson 3: Key Risks and Failed Deals: Case Study
- Case Studies
Session 3: Pricing the Deal
- Lesson 1: Valuation: Approaches and Methodologies
- Lesson 2: Discounted Cash Flow Approach
- Lesson 3: Public Companies
- Lesson 4: Comparable Acquisitions and Leveraged Buyout Valuation
- Case Studies
Session 4: Special Valuation Cases
- Lesson 1: Emerging Markets
- Lesson 2: Money-losing or Erratic Track Records
- Lesson 3: Industry Specific Multiples
- Lesson 4: Natural Resource Companies
- Lesson 5: Speculative Hi-tech Firms
- Lesson 6: Sum of the parts Companies with Several Different Business Lines
- Lesson 7: M&A Free Cash Flow Analysis
- Lesson 8: Premiums and Discounts
- Case Studies
Course Features
- Lectures 0
- Quizzes 0
- Duration 4 weeks
- Skill level All levels
- Language English
- Students 0
- Assessments Yes
