Mergers and Acquisitions: Concepts and Theories

Mergers and Acquisitions: Concepts and Theories

Course provided by FutureLearn

Summary overview

  • Online anytime

  • 12 hours study time

  • Accountancy, banking and finance

  • Free

  • NA

  • Level NA

About this course

In this introductory course you will get an overview of the major aspects of the mergers and acquisitions (M&A) industry.You’ll discover the theories and concepts that underpin mergers and acquisitions, and learn the skills involved in executing transactions, from a deal’s inception to post-merger integration.Please note: this course is free to join but, in order to complete the Mergers and Acquisitions programme, you will need to obtain a certificate for each of the courses. Free to register. Fee to certificate.

Learning outcomes

  1. Identify common motivations for acquisitions and the reasons why many are unsuccessful.
  2. Evaluate the specific emerging market risk for M&A and learn valuation techniques for special valuation cases.
  3. Identify public companies, comparable companies, comparable acquisitions, and leverage buyout valuations.
  4. Summarise the Discounted Cash Flow approach.
  5. Describe the positive and negative attributes of the M&A methodologies.
  6. Explore the key risks associated with the acquisition process.
  7. Discuss the characteristics of a successful deal.
  8. Identify the steps involved in the acquisition process.
  9. Identify the functional types of mergers.
  10. Describe the differences between buy vs. build synergies.
  11. Explain the three ways M&A increases value.
  12. Summarise the top-10 buyer motivations for M&A.