Close
CR-EMBA-19
MBA(Exe.) 2019-20: Term-III


CORPORATE RESTRUCTURING
Credits1.5
Faculty Name P.K.Mohanty
Program EMBA
Academic Year and Term 2019-20


1. Course Description : Corporate mergers and acquisitions have become universal practices around the globe. In a globalised era, mergers take place not only within the nation but also across the border for survival, growth, expansion and achieving different objectives. The opening up of Indian economy is also supportive of these activities. The ever increasing number of M & A activities only suggests that this is going to stay. The objective of this course is to familiarize the participants with various aspects of mergers and acquisitions.

2. Student Learning Outcomes (typically 3-5 bullet points)
· Be able to appreciate why and how M&A takes place
· Be able to understand the significance of and different approaches to valuation in the context of M&A
· Be conversant with legal provisions governing M&A
3. Required Text Books and Reading Material
i. Mergers, Acquisitions, and other Restructuring Activities by DePamphilis
ii. Mergers and Acquisitions by Rajinder S.Arora, Kavita Shetty, and Sharad R. Kale(OXFORD)
iii. Mergers, Acquisitions and Corporate Restructuring by Prasad G. Godbole(Vikas)
iv. Mergers, Acquisitions and Corporate Restructuring by Chandrasekhar Krishnamurti & S.R.Viswanath ( Sage Publication )
v. Creating Value from Mergers and Acquisitions by Sudi Sudarsanam(Pearson)
4. Tentative Session Plan
i. Session 1&2: Main Forms of Corporate Restructuring, Motives behind Mergers and Acquisitions, Strategies for entering a new market, Value creation strategy in M&A
ii. Session 3: Legal framework governing M&A- Companies Act, 2013, SEBI Takeover Code,
iii. Session 4-6: Valuation of Target Companies: Purpose and objectives of valuation, Valuation as a cause of M&A failure, Net Asset Valuation Model, Dividend Valuation Model, Price Earnings Ratio Model, Free Cash Flow Valuation Model, Economic Gains and Costs of M&A, Share Exchange Ratios, Valuation of Synergy
iv. Session 7&8: Accounting issues- Accounting for Mergers and Acquisitions,
v. Session 9 & 10: Tax Issues in M&A 5. Evaluation
i. Quiz: 30 marks
ii. Assignment 20 marks iii. End-term exam.: 50 marks

6. Academic Integrity: As per institute’s norms Created By: Alora Kar on 12/14/2019 at 12:12 PM
Category: MBA(Exe.)2019-20 T-III Doctype: Document

...........................