M&A Value Creation Master Class

Exclusively for Corporate M&A Teams

M&A Value Creation Master Class

JANUARY 15, 2027 | LIVE-ONLINE

Aswath Damodaran's highly interactive M&A Master Class starts with an unvarnished look at acquisition performance and presents challenging questions on risk-adjusted returns. The discussion then moves into methods for determining intrinsic target value and approaches for heading off over-paying for acquisitions. Using empirical examples, the course offers practical insights on creating long-term value.

Identify pitfalls in acquisition modeling to avoid value erosion
Head off missteps in the financial analysis of a transaction
Improve your ability to evaluate M&A targets

JANUARY 15, 2027 | 10:00 AM - 12:00 PM CST

Section 1: M&A Target Modeling

Determining intrinsic target value
Matching cash flows to appropriate discount rates
Consistent applications of historical risk premiums
Assessing and avoiding currency mismatches and fluctuations
Running a beta regression and heading off gaming
How to bring the risk into the analysis?
Appropriately estimating equity risk premiums
Missteps to head off in DCF formulations

JANUARY 15, 2027 | 12:30 PM - 2:30 PM CST

Section 2: M&A Value Enhancement

Increasing cash flows from existing assets
Reinvestments and improving the return on capital
Extending the duration of cash flow growth
Reducing the cost of capital
Avoiding the control premium trap
Using Economic Value Added as a measure of value creation

JANUARY 15, 2027 | 2:30 PM - 3:30 PM CST

Section 3: Creating Value Through M&A

Separating target’s risk characteristics
Mitigating debt and cost of capital subsidies
Analyzing true cost and revenue synergy opportunities
Identifying exit multiples and comparable traps
Enhancing M&A governance
M&A value creation principles

Aswath Damodaran Professor of Finance
New York University, Stern School of Business

Professor Damodaran is the author of several highly-regarded and widely-used texts on Valuation, Corporate Finance, and Investment Management. His interests lie in disentangling value drivers and understanding market pricing and behavior.

He has been teaching for the Institute since 2023.

“Fresh and honest perspective. Many of Professor Damodaran's comments resonated with me and my experiences but rarely have I heard anyone voice it (especially so eloquently)."

Manager

ExxonMobil

Transaction Manager

Pratt & Whitney

“The M&A Value Creation Master Class is directly applicable to my day to day role and I can already see myself utilizing this perspective in forthcoming valuation modeling and to support the deal decision process.”

Director, Mergers & Acquisitions Finance

Microsoft

"I found Aswath Damodaran to be a wonderful facilitator. Throughout the M&A Master Class he was informative on the topic and gave thoughtful responses to questions. I also appreciated his cynical view of acquisitions. I think it's great that he provided the group with a constructive counterview."

Vice President, Corporate Services

Progress Rail

"The best aspect of the M&A Value Creation Master Class is Professor Damodaran's ability to break down complex themes and provide great guiding principles on identifying and value synergies, establishing the appropriate cost of capital, and other sobering lessons for M&A practitioners."

Executive Director of Corporate Development, M&A

JLL

"Professor Damodaran had a wealth of knowledge to share on the most critical aspects of M&A. If you want a crash course on M&A finance, valuation, and value creation this is the one. His teaching style is incredibly engaging and digestible."

Corporate Development Lead

RTX Corporation

"Thank you for a fantastic session. Immediate value to my daily work.”

Engineering high-performing transactions

Designed for Corporate M&A Teams

The Institute's M&A Master Classes provide focused, technical deep-dives into critical phases of the transaction process. Each is designed for corporate M&A teams, enabling them to engineer greater structural integrity within specific transaction workstreams.

The Institute is an accredited provider of CPE and CLE in Illinois. Reciprocity may be available.

This M&A Master Class offers 4.75 CLE credits and 5.50 CPE Credits.

Exclusively for Corporate M&A Teams