Inhalt

[ 515MAFIFIMU20 ] IK Mergers & Acquisitions

Versionsauswahl
Workload Education level Study areas Responsible person Hours per week Coordinating university
3 ECTS B2 - Bachelor's programme 2. year Business Administration Thomas Brunner-Kirchmair 2 hpw Johannes Kepler University Linz
Detailed information
Original study plan Bachelor's programme Business Administration 2025W
Learning Outcomes
Competences
Learning Outcomes

  • LO1: Students can use company valuation to assess companies’ worthiness for purchase.
  • LO2: Students can create a financing structure for a potential company purchase and assess the financing instruments in terms of their advantages and disadvantages.
  • LO3: Students can carry out financial due diligence under supervision and identify potential problem areas.
Skills Knowledge
Learning Outcomes

  • LO8: The students create a financial model for a company.
  • LO9: The students evaluate a company using the multiplier method.
  • LO10: The students develop suitable purchase price clauses for an M&A deal.
Learning Outcomes

  • LO4: Students are familiar with the technical terminology in the field of M&A.
  • LO5: Students are familiar with the potential motives of the various stakeholders in M&A and can take these into account in their decisions.
  • LO6: Students are familiar with the findings of scientific studies on M&A success.
  • LO7: Students are familiar with the
Criteria for evaluation A total of 120 points can be achieved over the course of the semester, with the following assessment scheme applying:

PointsGrade
105.5-120.0Very good
90.5-105.0Good
75.5-90.0Satisfactory
60.5-75.0Sufficient
0.0-60.0Insufficient

The 120 points can be achieved as follows:

1. Exams: 60 points

Two (present/written) partial exams will be held, each lasting 30 minutes and worth 30 points. The first partial exam takes place in the middle of the semester, the second at the end of the semester. In addition, a follow-up exam is offered, in which students can repeat or catch up on the first and/or second partial exam. In the case of double participation in a partial exam, the better score counts. The exams consist of open and closed questions as well as calculation examples.

2. Participation: 60 points

As this is an intensive course, active participation in the course is of great importance. A total of 60 participation points can be earned. Participation consists of three components, the distribution of points for which can change slightly every semester:

  • Homework: 4 to 8 tasks are set, which must be completed alongside the course.
  • Attendance: Attendance is compulsory for 50% of the dates. Attendance beyond this will also be rewarded with points.
  • Active participation: Active participation in discussions and involvement in class activities are expected and will be assessed with points.

Feedback culture: The students receive their partial points in the individual assessment-relevant areas (partial exam 1, partial exam 2, homework, attendance, active participation) via Moodle. In addition, feedback discussions are offered for both partial exams after selected course dates.

Assessment criteria and learning outcome: Exams: LO1, LO2, LO3, LO4, LO5, LO6, LO7, LO9, LO10 Collaboration: LO1, LO2, LO3, LO5, LO6, LO8, LO9, LO10

Methods There are several teaching methods to achieve the learning outcomes:

  1. Teacher-centered information input during the course, supported by slides and literature recommendations.
  2. Interactive exercises, case studies, group and individual work, calculation examples, and discussions during the course.
  3. Guest lectures by practitioners to clarify the practical relevance and intensify networking with practice.
  4. Homework on various topics, in individual or group work, to ensure that the learning outcomes are achieved.
  5. There is a Moodle course to accompany the course. Content such as slides and additional documents, newspaper articles, etc. are made available here, work assignments can be uploaded, students receive feedback on their performance, and there is a discussion forum for all kinds of questions.
Language German
Study material
  • Slide script, current edition

Additional literature recommendation:

  • DePamphilis, D.: Mergers, Acquisitions, And Other Restructuring Activities, current edition. London: Academic Press/Elsevier.
  • Jansen, A.: Mergers & Acquisitions, current edition. Wiesbaden: Springer Gabler.
Changing subject? No
On-site course
Maximum number of participants 40
Assignment procedure Assignment according to priority