This course teaches how to value and price M&A deals and to choose the optimal financing mix for an M&A deal. The course focuses on all the major types of M&A deals including strategic M&A, private equity leveraged buyouts (LBOs), and restructuring deals such as spinoffs and asset transfers.
Offered By
Finance of Mergers and Acquisitions: Valuation and Pricing
University of Illinois at Urbana-ChampaignAbout this Course
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Shareable Certificate
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100% online
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Intermediate Level
Approx. 17 hours to complete
English
Subtitles: English
Flexible deadlines
Reset deadlines in accordance to your schedule.
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Intermediate Level
Approx. 17 hours to complete
English
Subtitles: English
Offered by
University of Illinois at Urbana-Champaign
The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs.
Start working towards your Master's degree
This course is part of the 100% online Master of Business Administration (iMBA) from University of Illinois at Urbana-Champaign.
If you are admitted to the full program, your courses count towards your degree learning.
Syllabus - What you will learn from this course
4 hours to complete
Course Orientation and Module 1: Overview of M&A Topics and Evidence
You will learn the basic terminology of M&A, which we will use throughout the course. You will also learn why M&A deals happen, and how to identify drivers of M&A that are truly value-enhancing. Finally, you will study the history of M&A and learn key facts about previous M&A waves.
4 hours to complete
11 videos (Total 103 min), 6 readings, 5 quizzes
4 hours to complete
Module 2: Company Valuation
What determines a company’s stock price? Placing a value on companies is a key tool for M&A analysis. This module focuses on the main methods available to estimate stock prices, including discounted cash flow valuation and multiples-based valuation. You will learn these tools using the most up-to-date Finance theory, and real-world examples.
4 hours to complete
12 videos (Total 150 min), 1 reading, 5 quizzes
2 hours to complete
Module 3: The Role of Target and Acquirer Valuation in M&A
Valuation analysis is a major part of the work that investment banks do when advising companies involved in M&A deals. You will learn that both target and acquirer valuation matter, and why. This module also focuses on what is special about the valuation and pricing of non-publicly traded targets. Finally, you will learn how to best use transaction multiples in the valuation of M&A deals.
2 hours to complete
7 videos (Total 69 min), 1 reading, 3 quizzes
7 hours to complete
Module 4: Synergies and Hostile Takeovers
This module starts with how to place a value on synergies using cash flow forecasts provided by management, and also using the stock market reaction to a new M&A deal. Next, you will also learn how to relate synergies to the premium paid for targets and how to calculate the NPV (net present value) of a deal. You will also learn the specifics of hostile takeover deals with a focus on governance, legal, and valuation issues.
7 hours to complete
11 videos (Total 162 min), 2 readings, 4 quizzes
29 minutes to complete
Course Conclusion
29 minutes to complete
2 videos (Total 9 min), 2 readings
Reviews
- 5 stars92.30%
- 4 stars7.69%
TOP REVIEWS FROM FINANCE OF MERGERS AND ACQUISITIONS: VALUATION AND PRICING
by GSMay 22, 2022
Professor Almeida makes topics easy to understand and it is a pleasure to learn from him.
Material, class, quizes, case studies and examples support well the learning.
by MMMar 20, 2022
A very systematic course with great examples and practice !
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