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.
Finance of Mergers and Acquisitions: Valuation and Pricing
Finance of Mergers and Acquisitions: Valuation and Pricing
This course is part of Mergers and Acquisitions Specialization
Instructor: Heitor Almeida
Sponsored by ITC-Infotech
27,687 already enrolled
Gain insight into a topic and learn the fundamentals.
4.7
(213 reviews)
Intermediate level
Recommended experience
17 hours to complete
3 weeks at 5 hours a week
Flexible schedule
Learn at your own pace
What you'll learn
Use valuation tools to find and design value-enhancing M&A deals.
Forecast cash flows and estimate discount rates using real world data.
Determine the net present value (NPV) of an M&A deal for both the acquirer and the target.
Value M&A synergies using both the management and the market’s perspectives
Skills you'll gain
Details to know
Shareable certificate
Add to your LinkedIn profile
Assessments
16 assignments
Taught in English
See how employees at top companies are mastering in-demand skills
Build your subject-matter expertise
This course is part of the Mergers and Acquisitions Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
- Learn new concepts from industry experts
- Gain a foundational understanding of a subject or tool
- Develop job-relevant skills with hands-on projects
- Earn a shareable career certificate
Earn a career certificate
Add this credential to your LinkedIn profile, resume, or CV
Share it on social media and in your performance review
There are 5 modules in this course
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.
What's included
11 videos6 readings5 assignments
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.
What's included
12 videos1 reading5 assignments
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.
What's included
7 videos1 reading3 assignments
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 net present value (NPV) of a deal. You will also learn the specifics of hostile takeover deals with a focus on governance, legal, and valuation issues.
What's included
11 videos2 readings3 assignments1 peer review
What's included
1 video2 readings1 plugin
Instructor
Instructor ratings
4.7 (62 ratings)Offered by
Why people choose Coursera for their career
Felipe M.
Learner since 2018
"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."
Jennifer J.
Learner since 2020
"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."
Larry W.
Learner since 2021
"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."
Chaitanya A.
"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."
Learner reviews
4.7
213 reviews
- 5 stars
78.60%
- 4 stars
18.13%
- 3 stars
0.93%
- 2 stars
0.93%
- 1 star
1.39%
Showing 3 of 213
TI
5
Reviewed on Aug 18, 2024
The math is light AND the thinking is hard. The class is most effective at putting one in the right mindset to consider M&A:Valuation and Pricing.
GT
5
Reviewed on Feb 22, 2023
Very good! I enjoyed this one a lot. Many practical insights and hands on advice. Cheers
ET
5
Reviewed on Nov 14, 2022
course is well laid out -- the professor did a great job at explaining the material and was able to take the student through it in a way that made it very understandable. highly recommend
Recommended if you're interested in Business
University of Illinois Urbana-Champaign
University of Illinois Urbana-Champaign
University of Illinois Urbana-Champaign
University of Illinois Urbana-Champaign
Open new doors with Coursera Plus
Unlimited access to 10,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription
Advance your career with an online degree
Earn a degree from world-class universities - 100% online
Join over 3,400 global companies that choose Coursera for Business
Upskill your employees to excel in the digital economy