| Course Unit Title | Course Unit Code | Type of Course Unit | Level of Course Unit | Year of Study | Semester | ECTS Credits |
|---|---|---|---|---|---|---|
| Mergers and Valuation | ISL313 | Elective | Bachelor's degree | 3 | Fall | 4 |
Name of Lecturer(s)
Research Assistant Dr. Özgür Ekin SUCU
Learning Outcomes of the Course Unit
1) To understand the reasons for mergers and acquisitions and to identify the wrong reasons
2) Knowing the historical performance of company mergers and acquisitions and understanding the reasons that affect this performance
3) Be able to describe and discuss the key stages that the parties go through in a typical merger and acquisition, from initiation to completion
4) To be able to apply appropriate valuation techniques to evaluate the assets of merging companies
5) To be able to define the main bargaining items between the parties in business mergers and to evaluate the economic effects of these articles on the parties.
6) To be able to describe the corporate governance problems that may arise after the merger and the methods that can be used to deal with these problems.
Program Competencies-Learning Outcomes Relation
| Program Competencies | |||||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | ||
| Learning Outcomes | |||||||||||
| 1 | No relation | Middle | Middle | Middle | No relation | No relation | Middle | No relation | No relation | No relation | |
| 2 | No relation | Middle | Middle | Middle | No relation | No relation | Middle | No relation | No relation | No relation | |
| 3 | No relation | No relation | High | High | No relation | No relation | No relation | No relation | No relation | No relation | |
| 4 | No relation | No relation | Middle | High | No relation | No relation | No relation | No relation | No relation | No relation | |
| 5 | No relation | No relation | Middle | High | No relation | No relation | No relation | No relation | No relation | No relation | |
| 6 | No relation | No relation | Middle | Middle | No relation | No relation | Middle | No relation | No relation | No relation | |
Mode of Delivery
Face to Face
Prerequisites and Co-Requisites
None
Recommended Optional Programme Components
Theses and related books published in this field
Course Contents
Motivating factors of mergers and acquisitions; The role of ethics in mergers and acquisitions; Cross-border mergers and acquisitions; Performance of mergers and acquisitions; Evaluation approaches and synergies; Evaluation of highly leveraged deals; structuring the agreement; Post-merger corporate governance; defense mechanisms
Weekly Schedule
1) Introduction to Mergers and Acquisitions2) Motivational Factors of Mergers and Acquisitions; The Role of Ethics in Mergers and Acquisitions
3) Performance of Mergers and Acquisitions
4) Cross-Border Mergers and Acquisitions
5) Strategy and Goal Search
6) Due diligence
7) Due diligence
8) Midterm
9) Evaluation Approaches
10) Evaluation of Synergies
11) Evaluation of High Leverage Mergers
12) Evaluation of Liquidity and Control
13) Configuring the Agreement
14) Post Merger Management Problems and Corporate Governance
15) Unsuccessful Purchases and Defense Mechanisms
16) Final
Recommended or Required Reading
Planned Learning Activities and Teaching Methods
1) Lecture
2) Question-Answer
3) Discussion
4) Group Study
5) Brain Storming
6) Case Study
7) Problem Solving
Assessment Methods and Criteria
Contribution of Semester Studies to Course Grade |
40% |
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Contribution of Final Examination to Course Grade |
60% |
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Total | 100% | |||||||||||
Language of Instruction
Turkish
Work Placement(s)
Not Required