MERGERS, ACQUISITIONS AND CORPORATE EVALUATIONS

YBUS540

Course Code: YBUS540
Semester: -
Theory+Practice: 3 + 0
ECTS: 10

Course Type

Elective Course

Course Level

Master's Degree Without Thesis

Year of Study

Semester

ECTS

Name of Lecturer(s)

Learning Outcomes

At the end of this course, the students;

Define the analytic structure required to plan and evaluate the restructure of the organization
Compare and select the best assestment tools for mergers, acquisitions.
Compare different payment models.
Define the institutional structure of the firm and evaluate , the effects of this structure on market value of the firm and importance of this structure for shareholders,
Command on the financial and legal environment of the firms during overseas mergers and acquisitions.

Mode of Delivery

Face to face

Prerequisites

Recommended Optional Programme Components

Course Description

The aim of this course is to teach contemporary business transformation incidents such as mergers, acquisitions and evaluation throughout different paradigmatic perspectives and approaches. Mergers and acquisitions may have many different substantial aspects however accounting, economical, financial and legal affairs are the most important aspects of the merging process. This lesson aims to integrate all the emphasized aspects of merging process and aims to enlarge participants? financial frame of reference. In the context of this lesson main financial examination methods such as advanced evaluation techniques, acquisition, sell-outs, partial sell-outs and leveraged buyouts will be focused. In addition, within the scope of this lesson resolving techniques of financial distress and bankruptcy issues will be discussed. Course content designed for combine both theoretical assumptions and empirical findings of relevant academic literature. Furthermore, each of the subtopics will be corroborated via context specific case analysis and guest speakers.

Course Contents

WEEK	TOPICS
1^st Week	Introduction
2^nd Week	Introduction to mergers and acquisitions
3^rd Week	Legal Issues I
4^th Week	Legal Issues II
5^th Week	Tactics on Mergers & Acquisitions
6^th Week	Transactions on Mergers & Acquisitions
7^th Week	Valuation and estimation of cash flows
8^th Week	Midterm
9^th Week	Application of Financial Modeling Techniques for the Valuation And Structure of Mergers And Acquisitions I
10^th Week	Application of Financial Modeling Techniques for the Valuation And Structure of Mergers And Acquisitions II
11^th Week	Application of Financial Modeling Techniques for the Valuation And Structure of Mergers And Acquisitions III
12^th Week	Financing Transactions: Leveraged Buyout Structures And Valuation
13^th Week	Cross Border Transactions: Analysis and Valuation
14^th Week	Financial Statements related to Busines Combinations

Recommended or Required Reading

Mergers, Acquisitions, and Other Restructuring Activities, Donald DePamphilis, Elsevier,
Finansal Tablolar ve Mali Analiz Teknikleri, Nalan Akdoğan, Gazi Kİtabevi
Uluslararası Finansal Raporlama Standartları, IFRS Foundation, 2011

Planned Learning Activities and Teaching Methods

Lecture
Discussion
Case Study

Assessment Methods and Criteria

	Quantity	Percentage (%)
Mid-term	1	40
Total(%)		40
Contribution of In-term Studies to Overall Grade(%)		40
Contribution of Final Examination to Overall Grade(%)		60
Total(%)		100

ECTS Allocated Based on Student Workload

Activities	Quantity	Duration (Hour)	Total Workload (Hour)
Midterm exam	1	1	1
Preparation for Quiz
Individual or group work	1	35	35
Preparation for Final exam	1	120	120
Course hours	14	3	42
Preparation for Midterm exam	1	100	100
Laboratory (including preparation)
Final exam	1	2	2
Homework
Total Work Load			300
Total Work Load / 30 (h)			10
ECTS Credit of the Course			10

Language of Instruction

Turkish

Work Placement(s)

Programme Qualifications / Learning Outcomes

	LO1	LO2	LO3	LO4	LO5
K1
K2
K3
K4
K5
K6
K7
K8
K9
K10
K11
K12
K13
K14
K15
K16