Mergers and Acquision
Mergers and Acquision
Mergers and Acquision
1. Course O b jecti ve :
To develop the perspective of financial policy as a subset of corporate strategy and to have
an insight into financial decisions In addition, the course aims to familiarize students with
various techniques of corporate restructuring, and valuation methods and their application
used by corporate in real life. To develop an understanding of Mergers and Acquisitions
(M&A) as a significant economic activity taking place in todays economy.
2. Course Duration: The course duration is of 36 sessions of 75 minutes each, i.e. 45
hours.
3. Course Content:
Module
No:
Module Content
No. of
Sessions
Introduction
to
Corporate
Restructuring
Fundamental concept of corporate restructuring,
different forms, motives & applications of corporate
restructuring, Mergers & acquisitions concept,
process. Due diligence for M&A, Take-over
and Defense Tactics
Accounting, Taxation & legal aspects of
M&A
Accounting
for
Mergers
&
Demergers,
Competition Act for M&A, SEBIs rules &
regulations for M&A, Share
Buyback guidelines,
Tax
implications. Calculations of
exchange ratio.
Marks (70
Externa
l exam)
15
17
II
III
20
IV
Dimensions
of
Corporate
Restructuring
Corporate Restructuring including buy-back of
shares, & Divestiture, Financial Restructuring,
Alliances & Joint Ventures, Employee Stock
Ownership,
Going
Private
&
Leveraged
Buyouts Cross-Border Mergers & Acquisitions .
De-Merger,
Delisting of Securities
Practical
Module:
18
(20 Marks
of CEC
Internal
Evaluation)
4. Teaching Methods: The following pedagogical tools will be used to teach this course:
1. Lectures & Discussions
2. Assignments & Presentations
3. Case Analysis
5. Evaluation:
A
Mid-Semester Examination
6. Text Books:
Weightage 50 marks
(Internal Assessment)
Weightage 30 marks
(Internal Assessment)
Weightage 70 marks
(External Assessment)
Sr.
Author
No.
T1 Prasant Godbole
T2 Aurora, Shetty, Kala
T3 Bhagvandas
Sr.
No.
R1
Author
P. Rajesh Kumar
R3
Rajinder S. Arora
Shard Kale
Kavita Sethi
Sudi Sudarshan
R4
Nishikantha Jha
R5
R6
R2
R7
Publisher
Mergers,
Acquisitions and
Corporate
Mergers and
Acquisitions
Vikas
Publication
Oxford
Corporate restructuring
Himalaya
Publisher
Edition
Prasant Godbole
Latest Edition
Latest Edition
Edition
Latest Edition
Machiraju
Mergers And
Acquisitions
New Age
Latest Edition
James J. Fred
Weston, Mark
L.
Mitchell,
J.
Kamal
Goshray
Takeovers,
Restructuring, and
Corporate
Governance
Mergers, Acquisition
Pearson
Education
Latest Edition
PHI
Latest Edition
Mergers,
Acquisitions
& Corporate
Value Creation From
restructuring
Mergers And
(4th Edition)
Acquisitions
Merger Acquisitions &
Corporate
Restructuring
Mergers
Wily
Publication
Latest Edition
Restructuring for
Growth
Latest Edition
and Valuations
R8
Patrick Gaughan
R9
Arzak
R10
Chandrashekar
Krishna Murthy
R11
Ramanujam et al
R12
John C. Michelson
Latest Edition
Wiley
India (P) Ltd.
Sage
Publication
Latest Edition
TMH, 2003
Latest Edition
TMH
Latest Edition
R13
Ray
Latest Edition
8. List of Journals / Periodicals / Magazines / Newspapers etc.: The students will have to
refer to past issues of the following journals in order to get relevant topic/information
pertaining to the subject.
1. Business Standard
2. The Economic Times
3. Financial Express
4. Chartered Financial Analyst
5. Journal of Applied Finance
6. CFA Reader
7. Business Today
8. Business India
9. Business World
10. Finance India
9. Session Plan:
Session no.
Topic
1-5
Fundamental concept of corporate restructuring, different forms,
motives & applications of corporate restructuring, Mergers &
acquisitions concept, process. Due diligence for M&A
6-12
13-21
22-28
29-36