COURSE INFORMATION
Course Title: MERGES, ACQUISITIONS AND PRIVATE EQUITY
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
BAF 303 B 5 3 0 0 3 5
Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature) NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours: Sidita Mema , NA
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours: NA
Teaching Assistant(s) and Office Hours: NA
Language: English
Compulsory/Elective: Compulsory
Classroom and Meeting Time: Every Friday 10:30-13:30
Course Description: The focus of the course is to design, analysis, and implementation of financial strategies aimed at re-positioning and revitalizing companies faced with major competitive or environmental challenges, problems, and opportunities. Main emphasis is given to contemporary issues and requirements of good governance, based on the roles corporations play in society, and the timing and principles of merger integration. The course is planned to be supplemented by guest specialists from market.
Course Objectives: The objective of this course is to teach the students what corporate restructuring is, why it occurs and how are the commonly used valuation techniques employed in the Mergers and Acquisition process.
COURSE OUTLINE
Week Topics
1 Introduction to Syllabus
2 Introduction to Mergers and Acquisitions and Private Equity
3 M&A-s Environment and History
4 Corporate Governance and Common Take-over Tactics
5 M&A Process
6 M&A Process
7 Post Closing Integration
8 Midterm Exam
9 Due Diligence
10 Valuation and Modeling
11 Valuation and Modeling
12 Financing the Deal
13 Post Deal Review and Conclusions
14 Final Exam Review
Prerequisite(s): NA
Textbook: -Mergers, Acquisitions and Other Restructuring Activities, 9th Edition by Donald M. DePamphilis, Ph.D ( 2018) Elsevier Inc. -Intelligent M&A-s, 2nd Edition by Scott Moeller and Chris Brady (2014) John Wiley and Sons, Ltd
Other References: NA
Laboratory Work: No
Computer Usage: Yes
Others: No
COURSE LEARNING OUTCOMES
1 Students should be able to understand what corporate restructuring is and why it occures
2 Students should be able to identify the commonly used valuation techniques and how they are employed
3 Students should be able to understand how corporate restructuring creates/destroys value
4 Students should be able to apply financial models to value, structure and negotiate deals
5 Students should be able to explain the M&A process and identify the advantages and disadvantages of this process
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
Bachelor in Banking and Finance (3 years) Program
1 The students are gained the ability to look at the problems of daily life from a broader perspective. They gain the needed skills not only to understand economic problems in banking and finance but also to construct a model and defend in meaningful way. 4
2 They have knowledge about the finance and banking. 3
3 They have knowledge about the money and banking. 3
4 They have knowledge about the international finance and banking. 3
5 They have ability to use mathematical and statistical methods in banking and finance. 3
6 They know how to use computer programs in both daily office usage and statistical data evaluations in banking and finance department. 3
7 They have necessary banking and finance skills that needed in private and public sector. 3
8 They are intended to be specialist in one of departmental fields that they choose from the list of general economics, finance economics, public finance, corporate finance, finance management, international finance markets and institutions, banking and central banking, international finance and banking, money and banking, international trade and banking. 4
9 They have ability to utilize fundamental economic theories and tools to solve economic problems in banking and finance. 3
10 They are aware of the fact that banking and finance is a social science and they respect the social perspectives and social values of the society’s ethics. 4
COURSE EVALUATION METHOD
Method Quantity Percentage
Midterm Exam(s)
1
30
Quiz
4
5
Final Exam
1
40
Attendance
5
Other
1
5
Total Percent: 100%
ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)
Activities Quantity Duration(Hours) Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 3 48
Hours for off-the-classroom study (Pre-study, practice) 16 3 48
Mid-terms 1 2 2
Assignments 0
Final examination 1 3 3
Other 4 6 24
Total Work Load:
125
Total Work Load/25(h):
5
ECTS Credit of the Course:
5