9.00am - 5.00pm BST
1 day (non-exam)
Use any version of MS Excel
- Learn more - Virtual Classroom courses
Who should attend the course?
- New hires who have joined the firm late and missed the in-house program
- Individuals looking to fill a knowledge gap
- Experienced bankers looking to refresh their technical skills
- Teams employed in financial strategy roles from non-banking corporations
- Graduates preparing to interview for a role in the finance sector
- Students at business school and looking for a career in finance
Fully Integrated M&A Modeling
During this session, participants build a fully integrated merger model which combines financial statement forecasts for the acquirer and the target. Practical consolidation issues are addressed. The deal analysis focuses on the financing structure, pricing, earnings and credit impact and value creation.
- The advantages of a full blown merger model
- Preparing the stand alone data for acquirer and target
- Preparing key deal data
- Building a flexible funding structure using a sources and uses of funds table
- Calculating goodwill
- Dealing with fair value adjustments to the target's net assets
- Dealing with refinancing of target's debt
- Modeling fees (advisory, debt-issuance and equity-issuance)
- Consolidating the financial statements of acquirer and target
- Earnings accretion/dilution and relative P/E analysis
- Assessing the value creation potential of the deal using return on invested capital (ROIC) analysis
- Contribution analysis
- Analysis at various prices (AVP)
- Net present value of synergies vs. control premium
- Identifying the maximum offer price and a suitable financing mix
""The virtual classroom was engaging and it felt like a classroom training"" ~ HR, International Investment Bank
View video to get a flavour of the course
What is a Virtual Classroom
Virtual Classroom training is a new and highly engaging way of delivering programs remotely with enhanced levels of interactivity compared to conventional webinars. In AMT’s Virtual Classroom participants are encouraged to activate their own webcams and mics throughout the class allowing for real-time engagement, both verbal and non-verbal, with fellow participants and their trainer. Participants can also share their screens to get instant assistance in any technical exercise; just like asking the trainer to walk over and help in the classroom! We have seen a step-change in participant engagement with this new technology. The trainer’s ability to see a selection of their participants’ faces in real-time, and to react to their verbal and non-verbal cues creates a remarkably realistic classroom-like experience. For an example of the technical requirements of for our Virtual Classrooms click here.
A solid understanding of the topics covered by our course M&A Accounting and Analysis Fundamentals is required.