Complete this M&A course to:

  • 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 for value creation

Curriculum | M&A Value Creation Master Class

Friday, May 31, 2024
10:00am - 4:30pm (CST)

Live Online 

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 

M&A Value Enhancement Techniques

  • 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 

Methods for Creating Long-Term 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

Upon completion you will receive 5.5 CLE credit hours (if applicable) and a Certificate of Completion.

M&A Negotiation Master Class

You will also be invited to join a confidential discussion space for exchanging ideas, best practices, recommendations, and information with other M&A Master Class alumni.  

Faculty | M&A Value Creation Master Class

Aswath Damodaran holds the Kerschner Family Chair in Finance Education and is Professor of Finance at New York University Stern School of Business. Before coming to Stern, he also lectured in Finance at the University of California, Berkeley.

Professor Damodaran received a B.A. in Accounting from Madras University and a post graduate diploma in Management from the Indian Institute of Management. He earned an M.B.A. (1981) and then Ph.D. (1985), both in Finance, from the University of California, Los Angeles.

Professor Damodaran's contributions to the field of Finance have been recognized many times over. He has been the recipient of Giblin, Glucksman, and Heyman Fellowships, a David Margolis Teaching Excellence Fellowship, and the Richard L. Rosenthal Award for Innovation in Investment Management and Corporate Finance.

His skill and enthusiasm in the classroom garnered him the Schools of Business Excellence in Teaching Award in 1988, and the Distinguished Teaching award from NYU in 1990. His student accolades are no less impressive: he has been voted "Professor of the Year" by the graduating M.B.A. class nine times during his career at NYU.

In addition to myriad publications in academic journals, Professor Damodaran is the author of several highly-regarded and widely-used academic texts on Valuation, Corporate Finance, and Investment Management.

Professor Damodaran currently teaches Corporate Finance and Valuation to the MBAs, and his interests lie in disentangling value drivers and understanding market pricing and behavior.

  • It’s helpful to look at comparable traps and bring more sophistication to the analysis of true cost and revenue synergy opportunities

  • Understanding Economic Value Added as a measure of value creation is a great addition to the tool kit

  • This M&A Master Class focuses on intrinsic target value and missteps in the modeling process

Who Should Participate

M&A Master Classes are solely for public-company corporate development and integration leaders, in-house M&A counsel, chief financial officers, chief executive officers, board members, and private equity investors. See past M&A Conference Speaking Faculty. If you are a qualified corporate M&A professional.

Registrations for individuals who are not in-house M&A professionals will be canceled and refunded, less a $100 bank fee.  


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