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Quick Facts

Medium Of Instructions	Mode Of Learning	Mode Of Delivery
English	Self Study, Virtual Classroom	Video and Text Based

Course Overview

Mergers and Acquisitions (Online) certification is an 8 weeks course made by the Columbia Business School Executive Education in association with Emeritus. This is a course where only online, and live sessions are conducted by the faculty. This eight-week immersive course will help in addressing the concepts with knowledge checks, peer interaction, analysis of case study, and live sessions that are hosted by the senior lecturer Donna Hitscherich of Columbia Business School.

Mergers and Acquisitions (Online) training is for senior-level executives, managers who are middle level, and legal advisors who have relevant experience in the fields of finance, investment management or capital markets. Upon completion, all the students who have been successful will be granted a certificate of participation. Finally, with this course, the candidates will be learning a proven framework of offence, and defence so that the strategy, legal components, execution, and risks associated with the M&A programme

The Highlights

8 weeks course
Only online sessions
4-6 hours every week
Certificate of completion
Renowned Faculty

Programme Offerings

8 Weeks Course
online programme
online learning
Weekly Assignments
case study
live sessions
Peer discussion
Feedback sessions
Program Support Team
Mobile Learning App
a course completion certificate

Courses and Certificate Fees

Certificate Availability	Certificate Providing Authority
yes	Columbia Business School, New York

The Mergers and Acquisitions (Online) certification fee by Emeritus is US$3,500 where referral discounts may be allowed for up to US$3,50.

Mergers and Acquisitions (Online) Fee Structure

Description	Amount in USD
Programme Fee	US$3,256
Referral Discount	US$350

Eligibility Criteria

Certification qualifying details

When students have finished their case studies and weekly assignments, they will receive a participation certificate from Columbia Business School Executive Education.

What you will learn

Knowledge of Mergers and Acquisitions

With the Mergers and Acquisitions (Online) certification syllabus, the candidates will:

The candidates will be diving deep into the process of Mergers and Acquisitions through transactions.
These candidates will analyse the different strategic concepts required for transactions M&A.
The candidates can learn the best practices of deal documentation, due diligence, and transactions that help structure transactions of M&A.
The M&A process’s valuation role can be examined, and the maths behind it.
These participants will be explaining how to capture the values of M&A including cost revenue.
The candidates can evaluate the parties, and real-world mergers and acquisitions.

Who it is for

Investment BankerChief Executive OfficerFinancial AdvisorFinancial AnalystCorporate lawyer

The certificate course will be fruitful for those who have some extra knowledge in topics like capital asset pricing models, discounted cash flow models, risk and return, and more. Also, the candidate’s profiles are:

Senior executives
Chief executive officer
Chief investment officer
Chief financial officer
Chief operating officer
Corporate vice president
Consulting director
Founder
Director of financial reporting/financial services/regulatory
Affairs/Risk management

Mid-Level Managers like:

Financial analyst
Actuary
CPA/Accountant
Acquisition/Equity manager
Investment manager

Consultants, Legal Counsel, and Advisors like:

Management consultant
Paralegal
Attorney
Financial advisor
Investment banker
Private banker

Admission Details

Here is the Mergers and Acquisitions (Online)classes admission process:

Step 1: Visit the official site: https://online1.gsb.columbia.edu/mergers-acquisitions/.

Step 2: After scrolling to the bottom end of the page, and finding the ‘Apply Now’ button, it can be clicked.

Step 3: Next, new personal accounts on the Emeritus have to be created.

Step 4: After accounts have been made, and then used for logging in, the fee needs to be cleared off.

Step 5: The admission is dependent on the timing of the fee submission.

Application Details

An application form is a detailed form wherein the students are asked some amount of details reading the personal field, professional field, and academic field. The asked details may include name, address of communication, academic history, the current organisation associated with, and more.

The Syllabus

Review the key terminology involved with M&A
Learn the five-point framework for remaining disciplined during the M&A process
Describe the methodologies and factors for determining the value of a transaction and a target's worth
Explain the role of valuation in the M&A process

Examine the six key topics to be addressed in the M&A process:

-Strategic alternatives

-Screening candidates

-Valuation, synergies, and Pro-forma analysis

-Interloper analysis

-Form of consideration

-Tactical approach issues and Plan B

Analyze the strategic rationale for and against the transaction from a target's perspective and an acquirer's perspective in a given M&A case
Discuss the market reaction and stock development following a hostile offer and how it
influences the benefit of the bargain for the acquirer
Examine the different needs and considerations of two types of buyers: strategic buyers and financial buyers
Analyze the initial offer in terms of the current market value and the form of consideration

Describe the different valuation ranges implied by valuation methodologies
Examine the projected synergies to determine whether the transaction will add value and discuss the premium offered (initial bid versus final bid)
Discuss the advantages and disadvantages of the form of consideration offered in each case from the perspective of the acquirer and the target
Develop and discuss the ‘football field of value’ offered by different valuation methods

Review the most common “deal math” calculations for an M&A transaction including:

-Premium

-Fully diluted shares outstanding (FDSO)

-Transaction values

-Transaction multiples

-Transaction exchange ratio/Pro-forma ownership (only in-stock deals)

-Contribution analysis (only in-stock deals)

-Merger consequences (and synergies necessary to cure dilution)

Analyze the form of consideration and exchange ratio and the resulting Pro-forma ownership offered by the acquirer
Calculate the transaction equity value at the time of the exchange offer, the transaction exchange ratio, and the Pro-forma ownership of the target’s stakeholders in the NewCo

Explain the due diligence process—including financial, legal, and commercial—and its role in ensuring that both parties can protect their benefit of the bargain
Analyze the due diligence assessment in an M&A transaction
Examine the impact of the acquirer's role in the transaction on the quality of the synergy projection and deal valuation
Analyze how the acquirer and target protect their benefit of the bargain
Discuss the scope, the purpose, and the pros and cons of the confidentiality agreement versus the letter of intent

Describe the principles and mechanics of deal documentation and learn about various transaction structures, including direct mergers, triangular mergers, consolidations, and asset sales
Discuss corporate governance issues in the merger
Analyze the deal documentation of a transaction and how the two parties protect their benefit of the bargain (for both public and private company deals)
Discuss the representations and warranties, the conduct of business prior to closing, and the closing conditions for the final merger agreement
Explain when and why a merger agreement should include an indemnification provision
Explain the regulatory approvals required for the closing of the transaction

Discuss some of the key questions that both parties must address throughout the M&A process and some guidelines for friendly deals versus hostile deals
Identify the ten key concepts of M&A and the key financial perspective
Analyze the role of different players in the M&A landscape, their interests, and their 'benefit of the bargain,' including:

-Shareholders

-Board of directors

-Investment bankers

-Sell-side analysts

-Activists and institutions

-Arbitrageurs

Examine the defense strategies used by the target for an unsolicited offer and the acquiror's
response to the defense measures
Examine the fiduciary duty of the board of directors of both parties in the takeover process
Explain the process of merger consequences analysis to assess the impact of the transaction

General questions about merger agreements, valuation, and due diligence
The Kenneth Cole Productions case that includes reference documents (e.g., Schedule
14A) and presentations from the financial advisor