Mergers & Acquisitions - Online

In Mergers and Acquisitions New York Institute of Finance offers participants an introduction to an aspect of business that has become an inseparable part of today's increasingly competitive economic environment. This introductory level curriculum walks students step-by-step through the M&A process. The curriculum identifies the types of corporations most likely to be M&A players and the types of corporations most likely to be M&A targets. Participants learn how to calculate potential risks and returns before taking the M&A leap; determine an acquisition candidate's value; weigh the various financing options; develop an exit strategy; and deal with the people and systems in the newly acquired company.

Please note that this is a curriculum of individual course modules. You will need to pass each module exam in order to qualify for a certificate of completion.

This is an asynchronous eLearning program that can be accessed 24/7 from any internet enabled computer.


Financial analysts/managers, bankers, strategic planning professionals, financial decision-makers in corporations, corporate finance lawyers, corporate finance accountants, financial management consultants, market regulators and professionals interested in the nuts-and-bolts aspects of M&A analysis and valuation.
Students will be able to:
  • Compare and contrast build and buy strategies
  • Describe the advantages and disadvantages of acquiring a public company
  • Identify the main players in M&A transactions
  • List the steps for planning an acquisition
  • Discuss the basics of financing an acquisition
  • Discuss the relationship between risk and return
  • Describe common risk considerations
  • Identify the formula for quantifying risk using the discount rate
  • Identify steps to be taken by a due diligence team
  • Recognize characteristics of a suitable turnaround candidate
  • Describe elements of accounting valuation
  • Define key principles of financial forecasting
  • Recognize crucial elements of economic valuation
  • Recognize debt and equity financing methods
  • Compare cash offers with share exchanges
  • Discuss bank concerns for financing acquisitions
  • Identify key elements of mezzanine financing
  • Identify the two main areas of integration difficulty
  • Describe techniques for effective change management
  • Recognize why divestment strategies are employed with acquired companies
  • Identify new economy technologies being used to benefit acquired, old economy businesses
Financial Statement Analysis or equivalent knowledge.
"I like the way the course is presented in a vivid way with pictures, which has made learning easier."
"Clarity and quality are very good!"
"I love the flexibility and the inclusion of additional references."
"The course is presented in a clear and interesting way and supported with factual case-studies."
"The course material was lucid, simplistic and had sufficient practice tests and quizzes to ensure thorough learning of the subject."
  • Mergers & Acquisitions Suite
  • Mergers & Acquisitions: Theory and Practice
  • Mergers and Acquisitions - Structuring the Deal
  • Accounting for Mergers & Acquisitions
  • Merger Arbitrage and Event Driven Investing
  • Overview of Mergers and Acquitisions
    Topics covered include:
    • Business expansion decisions: build it or buy it?
    • Key advantages of acquisitions
    • Acquisition of public vs. private companies
    • The players in the world of acquisitions
    • The acquisition process
    • Basics of financing the deal
    Duration: 1 hour

    Risk Considerations for Mergers and Acquitisions
    Topics covered include:
    • Risk vs. return analysis
    • Due diligence and uncovering incorrectly valued and unrecorded assets and liabilities
    • Conducting business through subsidiaries
    • Contingent liabilities
    • Turnaround candidates
    • Operational vs. financial problems
    Duration: 1 hour

    Valuing the Acquisition Candidate
    Topics covered include:
    • Determining the fair market value of a target company
    • Financial forecasting
    • Economic vs. accounting valuation
    • Valuation and overseas acquisitions
    Duration: 1 hour

    Financing the Acquisition
    Topics covered include:
    • Techniques for evaluating financial alternatives
    • Establishing the target capital structure
    • Financing with cash, secured debt, unsecured debt and stock
    • Structuring bank financing
    • Mezzanine financing
    Duration: 1 hour

    Integrating the Acquisition
    Topics covered include:
    • Dealing with people and systems
    • Divestment strategies
    • IPO's
    • Adding value in the new economy
    • Setting desired rate of return
    Duration: 1 hour

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