Mergers and Acquisitions

FINC6017

Mergers and acquisitions have become perhaps the most important activity of investment banks today. They are fundamental tools for businesses to secure growth. To analyse mergers and acquisitions, most tools from modern financial economics are needed. The unit commences with a review of how existing businesses are valued; continues to analyse capital structure decisions and management incentive issues, corporate control, and then moves on to look at the motives for mergers and acquisitions. Some acquisitions are motivated by value improvements created by correcting incentive problems, many bad acquisitions however are motivated by bad incentives that decreased value.

Unit of study details

Unit of study level: Postgraduate

Credit points: 6

Commencing semesters: 1

Further unit of study information

Unit of study handbook: FINC6017

Costs and scholarships information: Costs and Scholarships

Final dates to withdraw from units of study: Census Dates

Available for study abroad and exchange: Yes

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