Course Detail

Merger & Acquisition Strategy (42121)

Course Description by Faculty

  • Morrissette, Stephen
  • Content
    This course provides an overview of mergers and acquisitions with a focus on the role MA plays in the development and implementation of a firm’s strategy. Students will develop an analytical and theoretical framework to understand the MA process and will also use cases and real-world applications to develop skills necessary to prepare and evaluate the strategic rationale for a proposed transaction. This course uses a strategic corporate development perspective rather than an investment banking/transaction perspective. Topics include strategic rationale for MA transactions, value creation and destruction in MA, the MA process, interplay between strategy and valuation, and implementation/integration issues. The student will apply course learnings in a cumulative project typically by preparing a M&A Plan including the rationale for a proposed acquisition target.

    Students should note that this is a strategy course, not a finance course.
  • Prerequisites
    None. Students would benefit from completing 42001 Competitive Strategy and 35201 Cases in Financial Management.
  • Materials
    The course is taught using lectures, case analysis, readings and guest speakers. This course will have a Canvas site.
  • Grades
    Student assessment based on class participation, case write-ups, a midterm case and a final group project preparing and presenting a business case for a proposed transaction.
  • Syllabus
  • Autumn 2022Section: 42121-81W 6:00PM-9:00PMGleacher Center400In-Person Only
  • Winter 2023Section: 42121-81W 6:00PM-9:00PMGleacher Center400In-Person Only
Description and/or course criteria last updated: December 21 2022