Executive Education

MERGERS & ACQUISITIONS

The course focuses on Mergers & Acquisitions (M&A) in modern financial markets.
The course starts with a general overview of markets for corporate control and recent market developments. Based on the strategic rationale of M&A deals students will learn the foundations of transaction processes and of deal financing. A vital part of this process is the pricing of the deal. Company valuation will therefore be an important part of the course.

 

Any questions?

Get in touch!

Ludmila Ketterer

 +49 69 798 33512

 E-Mail

 Newsletter Registration

Course
Format

This course is offered in the part-time Master in Finance program and may be attended on a “no credit” basis by individuals not enrolled in the program. Course participants are visitors who are not responsible for assignments and do not take an exam or earn academic credits. As the number of seats in the course is limited, we recommend to register online early.

Learning
Objectives

Upon completion of this course, you will be able to understand:

Why companies engage in M&A transactions

The characteristics of different kinds of M&A deals: mergers, acquisitions, spin-offs, divestitures, carve-outs etc.

How M&A processes are structured

How hostile takeovers work and how companies can defend against them

The fundamentals of company valuation (relative and instrinsic)

 

Key
Concepts

Corporate Governance
The Market for Corporate Control
Due Diligence
Pre-Merger Integration
Hostile Takeovers and Defense Mechanisms
Deal Financing
Spin-Offs, Carve-Outs, Joint Ventures and Divestitures

 

Faculty

Assist. Prof. Dr. Vincenzo Pezone

Dr. Vincenzo Pezone is Assistant Professor of Finance at Tilburg University. Before joining Tilburg University, Vincenzo worked as an Assistant Professor at the Leibniz Institute for Financial Research SAFE. Vincenzo studied Economics at the University of Naples, Italy, where he obtained his Bachelor’s and Master’s Degrees. He received a PhD in Economics from the University of California, Berkeley, in 2017, with a dissertation in Corporate Finance. His research interests are Corporate Finance, especially Labor and Finance, and Behavioral Economics.

Key Facts

Course materials

Course materials will be provided in electronic form.

Language

English

Venue

Campus Westend of Goethe University Frankfurt.

Certificate of participation

A GBS certificate of participation is awarded upon completion of the course.

Course Fee*

€ 950 (fee is exempt from VAT). The fee for GBS students or alumni amounts to € 400.

*Withdrawal and fee refund
In case the course withdrawal request is received two weeks prior to the start of classes, GBS will retain a withdrawal fee of €50. In case the course withdrawal request is received less than two weeks prior to the start of classes, GBS will retain 50% of the payment made.

Course Schedule
Date Session
Summer Semester 2023  
1:/user_upload/common/IMAGES/PROFILE_PICTURES/alumni_students/Stephan_Kiene_quadrat.jpg

There are two main things which make returning for Open Programs such a valuable and worthwhile experience. The first is being back on campus – meeting the current students, returning to campus again, the whole experience was just so pleasant. The second is the level of quality in the courses – the faculty teaching are absolute experts.

Stephan KieneDuke-Goethe Executive MBA Class of 2009

PROGRAM REGISTRATION

This Open Program will be offered in the Summer semester 2023
Registration will be possible soon.

Bulletin Open Programs

Sign up to be informed about latest Open Enrollment programs.