Key Information
About the content
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.
- 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
Instructors
Jeff Hooke
Instructor
New York Institute of Finance
Content Designer
The New York Institute of Finance (NYIF), located in the heart of Wall Street, is a global leader in training for financial services and related industries. Started by the New York Stock Exchange in 1922, it now trains 50,000+ professionals in over 120 countries.
NYIF was first mentioned in the introduction to a book called Stock Exchange Procedure by Birl E. Shultz, PhD. In 1921:
“It became evident that, for the sake of the business itself and for the sake of the thousands of young men and women employed by the Exchange and by its member firms, some method should be devised whereby they might learn the fundamentals; the reasons why they did the things which occupied their working days.” NYSE president Charles Gay, 1921. This was the inspiration behind the establishment of the New York Institute of Finance In 1922.
NYIF courses cover everything from investment banking, asset pricing, insurance and market structure to financial modeling, treasury operations, and accounting. The institute has a faculty of industry leaders and offers a range of program delivery options, including virtual, self-study, online courses, and in-person classes. Its US customers include the SEC, the Treasury, Morgan Stanley, Bank of America and most leading worldwide banks.
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