FM407 Half Unit
Mergers, Buyouts and Corporate Restructurings
This information is for the 2020/21 session.
Teacher responsible
Dr Vicente Cuñat
Availability
This course is available on the MSc in Finance (full-time), MSc in Finance (full-time) (Work Placement Pathway), MSc in Finance and Private Equity and MSc in Finance and Private Equity (Work Placement Pathway). This course is not available as an outside option.
Pre-requisites
Students must have completed Asset Markets (FM423) and Corporate Finance (FM422).
Course content
- Financial Analysis of Firms and Corporate Transactions
- Mergers, Acquisitions and Leveraged Buyouts
- Distress, Bankruptcy and Corporate Restructuring
This course covers advanced topics in Corporate Finance. It focuses on the strategy, valuation and execution of corporate deals. In particular, the first part of the course covers mergers, divestitures, partial-divestitures (e.g. equity carve outs) and leveraged buyouts. The second part of the course provides a framework of analysis for the resolution of financial distress and bankruptcy. Each of the topics introduced in this course covers both institutional details and results of relevant academic research. It is furthermore supported by case studies.
Teaching
30 hours of seminars in the LT.
This course is taught in the interactive lecturing format. There is no distinction between lectures and classes/seminars; there are “sessions” only, and the pedagogical approach in each session is interactive.
Formative coursework
Regular coursework will be completed, handed in and marked as part of formative assessment for this course.
Indicative reading
A course pack will be distributed that includes case studies as well as additional readings such as textbook chapters, and practitioner articles.
Assessment
Continuous assessment (100%) in the LT.
Important information in response to COVID-19
Please note that during 2020/21 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the situation of students in attendance on campus and those studying online during the early part of the academic year. For assessment, this may involve changes to mode of delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.
Key facts
Department: Finance
Total students 2019/20: 81
Average class size 2019/20: 42
Controlled access 2019/20: Yes
Value: Half Unit
Personal development skills
- Team working
- Problem solving
- Communication
- Application of numeracy skills
- Commercial awareness
- Specialist skills
