Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

By the end of the course students will be able to work with mergers and acquisitions in a way that utilizes both academic research findings and corporate best practice.

Credits: 6

Schedule: 29.10.2020 - 07.12.2020

Teacher in charge (valid 01.08.2020-31.07.2022): Sami Torstila

Teacher in charge (applies in this implementation): Sami Torstila, Matteo Vacca

Contact information for the course (applies in this implementation):

CEFR level (applies in this implementation):

Language of instruction and studies (valid 01.08.2020-31.07.2022):

Teaching language: English

Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content
  • Valid 01.08.2020-31.07.2022:

    The course includes up-to-date information on corporate practice relating to mergers and acquisitions and valuation work. No background in valuation is presupposed, so the course will address valuation from first principles. The focus of the course is on financial aspects of mergers and acquisitions, but strategic, legal, and other considerations are covered in specific lectures. The course is planned to be of help to students interested in management consulting, general management, or entrepreneurial careers.

Assessment Methods and Criteria
  • Valid 01.08.2020-31.07.2022:

    1. Lectures, Assoc. Prof. Sami Torstila.
    2. Cases and exercises (50%).
    3. Final exam (50%), based on the material distributed in lectures.

Workload
  • Valid 01.08.2020-31.07.2022:

    Classroom hours 21 h
    Class preparation, 24 h
    Case preparation 75 h
    Exam preparation, 40 h
    Exam, 3 h

DETAILS

Study Material
  • Valid 01.08.2020-31.07.2022:

    Reading list distributed in lectures.

Prerequisites
  • Valid 01.08.2020-31.07.2022:

    There are no prerequisites.
    The course is intended for CEMS students, exchange students, other M.Sc. programme students at BIZ, and Aalto students. 

    Students who are in the MSc Finance program at Aalto (or similar Finance programs at other universities) should take the course 28E33000 Capstone: Mergers and Acquisitions for Finance majors, which has valuation skills as a prerequisite.

    However, if a student has not completed B.Sc. degree in Finance specialization area at Aalto University and has not completed B.Sc. Capstone Valuation course or its equivalent, it is recommended to complete 28E35300 Mergers and Acquisitions.

SDG: Sustainable Development Goals

    8 Decent Work and Economic Growth

    9 Industry, Innovation and Infrastructure