Evaluation, Acquisition and Corporate Control

Code:

2FI06

Acronym:

EACC

Keywords
Classification	Keyword
OFICIAL	Management Studies

Instance: 2013/2014 - 2S (of 10-02-2014 to 06-06-2014)

Active?	Yes
Responsible unit:	Management
Course/CS Responsible:	Master in Finance

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
MIF	75	Bologna Official Syllabus	1	-	7,5	56	202,5

Teaching language

English

Objectives

The main objective of this curricular unit is to introduce the students to the valuation, mergers, acquisitions and enterprise restructuring topics in order to highlight possible academic research questions.

Learning outcomes and competences

Understanding of the main changelles on merger & acquisition (research) topic

Working method

Presencial

Program

I – Main topics on M&A 1. Corporate strategies 2. deal organization 3. Deal structuring 4. Post-deal integration 5. Private Equity 6. Alternative strategies.

II - Real Options Analysis for M&A 1. Introduction 2. Standard M&A real options models 3. Introduction to game theoretical real options models.

III - Special topic on M&A: Financial Analysis and Valuation on Merger and Acquisitions Context

Mandatory literature

Sudi Sudarsanam; Creating Value From Mergers and Acquisitions, Financial Times/ Prentice Hall, 2010

Teaching methods and learning activities

This curricular unit will use a theoretical and practical methodology. In the first part of the course, the theoretical exposition of the main concepts of diagnosis and valuation of companies will be followed by the practical application of these concepts in companies involved in mergers and acquisitions. In the second part of the course, in each lecture, after a theoretical exposition of a topic related to mergers and acquisitions, the discussion/analysis of a case study will follow. Distributed evaluation with final exam.

Evaluation Type

Distributed evaluation with final exam

Assessment Components

Designation	Weight (%)
Participação presencial	5,00
Teste	35,00
Trabalho escrito	60,00
Total:	100,00

Eligibility for exams

Individual and group assignments, multiple choice quiz and a final test

Calculation formula of final grade

Individual and group assignments (60%), multiple choice quiz (5%) and a final test (30%), Attendance (5%)

Observations

The final exam for those not enrol on continuous assessment will only take place on July 2.