UG/PG (Revised Curriculum under NEP w.e.f.
June 2023)
PROGRAM BA BA(Hon) B.Com B.Com(Hon) M.Com MA - Eng MA- Eco MA- Psy
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SEMESTER 1 2 3 4 5 6 7 8
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SPECIALIZATIONS
BA Eco Eng Psy Gen
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BCOM Costing Banking Entrep MKT Fin & Mgt Acc HRM Bus Gen
Acc Analytics
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Name of Board of Studies Commerce
Name of the Department Commerce
Name of Head of Department Dr.H.M.Soman
Title of the Course Mergers, Acquisitions and Corporate
Restructuring
Course Code
Type of Course (New / Revised) New
Nature of Course
(Maj/Min/AEC/SEC/VEC/VSC)
Number of Credits 4
Name of the Faculty Mrs. Sarika Wagh
Date of Approval by BoS June 3rd 2023
Date of Implementation June 2023
Course Outcomes
1. To enumerate and comprehend concepts such as mergers, acquisitions and
restructuring
2. To able to analyse the case for restructuring
3. To evaluate and critically view the mergers, acquisitions and restructuring
4. To critically view the strategies deployed by firms for M&A
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DETAILS OF SYLLABUS
UNIT DETAILS NUMBER OF
NUMBER LECTURES
1 Introduction of Diversification and Acquisition 12
1.1 Introduction to diversification and reasoning for takeovers
1.2 M&A as a tool of competitive advantage.
1.3 Major forces driving domestic and international M&A activity.
Major players on the M&A landscape and their incentives.
1.4 Reasons for M&A and its influence on shareholder value
1.5 Performance of M&A: why do acquisitions fail?
1.6 Understanding restructuring
2 Searching for Acquisitions 14
2.1 Overview of the stages of an M&A transaction, from origination
to closing.
2.2Strategy development for acquisition- BCG approach
2.3 Origination of M&A ideas, clarifying strategy, valuing the
target, carrying out due diligence assessment and developing an
implementation plan.
2.4 Financial Analysis
2.5 Case study
3 13
Value Drivers and Target valuation
3.1 Value drivers
3.2 Economics of a merger
3.3 Estimation of the value of synergy
3.4 Adjusted present value
3.5 Capital cash flow valuation
3.6 Case study
4 Accounting and Taxation of Mergers and Acquisition 15
4.1 Accounting Standard 14 and international accounting standards
relating to M&A.
4.2 Equity method of accounting for investments. Accounting for
minority interest.
4.3 Minority interest for enterprise valuation.
4.4 Accounting for ESOPs, restructuring charges, discontinuance of
operations.
4.5 Recognizing asset impairments.
5 Post-Merger Integrations and Demergers 6
5.1 Path to integrations
5.2 Retaining and integration of Human resource
5.3 Integrating Financial and Tangible resources
5.4 Demergers
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6 Assingments: : Case study, Article review, filed visit, Group presentations
Reference List
1. Mergers, Acquisitions, and Other Restructuring Activities by Donald M. DePamphilis (2010)
Academic Press
2. Mergers and Acquisitions: A Step-by-Step Legal and Practical Guide by Edwin L. Miller, Jr.
(2008), John Wiley and Sons.
Name and Sign of Head
Examination Pattern
Internal 50 Marks
External- 50 marks
Format of the Question Paper
Q.1 Short notes
Q.2 objectives
Q.3 short answers/case studies
Q.4 Long answers
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