Creating Value through Financial Management

Start Date End Date Venue Fees (US $)

Creating Value through Financial Management

Introduction

The main objective of this course is to learn how companies can create value by Changing their business portfolio by means of targeted acquisitions and divestitures. A secondary goal is to enhance your understanding of the way investors estimate value in order to learn how public capital markets and private equity organizations can be employed to support a firm’s strategy.

Objectives

    Your study efforts should focus on:

    • Mastering an integrative, multidisciplinary perspective on M&A;
    • Mastering the analytical tools needed for detecting value-creation
    • Opportunities and measuring value creation;
    • Learning to apply the tools of corporate strategy to change of control issues;
    • Developing a solid understanding of the main issues in M&A process design;
    • Understanding the structure of LBO’s, including the financial & incentive Structures;
    • Understanding the investment process and structuring of venture capital;
    • Understanding the roles of various professionals in the change of control transactions.

    The course helps you prepare for a career in corporate finance advisory, financial analysis, investment banking, strategy consulting, and venture capital (VC).

Training Methodology

This is an interactive course. There will be open question and answer sessions, regular group exercises and activities, videos, case studies, and presentations on best practices. Participants will have the opportunity to share with the facilitator and other participants on what works well and not so well for them, as well as work on issues from their own organizations. The online course is conducted online using MS-Teams/ClickMeeting.

Who Should Attend?

  • Business professionals are responsible for strategic planning and management reporting. Also, anyone who requires a more in-depth understanding of integrated planning and risk analysis techniques.
  • Financial planners and cost analysts, professional advisors, accountants, and business consultants would also find this seminar extremely beneficial.
  • Also, anyone with direct planning and budgeting responsibility.

Course Outline

The central concept of this course is value creation. We will investigate three main issues in a wide range of business environments:

  • Who is the best owner of a business and why? And the related question: what is the optimal boundary of the firm?
  • What is a business worth to current and alternative owners?
  • How to affect a change in ownership?

The answer to the first question requires a solid grasp of various analytical tools from the fields of microeconomics, contract theory, and strategy. The second question forces us to investigate the main valuation tools. The answer to the last question requires the application of tools from various disciplines, mainly game theory, corporate finance, and negotiations.

The most common classes of corporate control transactions such as mergers, acquisitions, and various divestiture methods such as spin-offs, carve-outs, trade sales, and buy-outs are therefore covered from several angles. Although the dominant perspective of the course is a financial one investigating in detail valuation and financing issues, strategic and process aspects (due diligence, negotiation) are therefore covered as well. We will for example critically evaluate the strategic justification models commonly used by corporate decision-makers and outside advisors.

Organizations that specialize in the financing of buyouts (LBO’s), build-ups, and young firms (VC) are investigated as well. We will investigate the way these investment firms themselves are organized and how they add value to the businesses they purchase

Accreditation

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