Master of Business Administration Full time (2010-12) Semester IV Course Code and Title : Merger & Acquisition (M&A)

Credit Hours :4 Instructor : Disha H. Bhagat Office Hours : 12:45 to 1:15 Prerequisites : Merger and Acquisition concept E-mail Id : bhagat.disha@yahoo.in Mobile No : 9428649298

1. Course Overview

: The objective of the course is to enable the students to To develop the perspective of financial policy as a subset of corporate strategy. To have an insight into financial decisions In addition, the course aims to familiarize students with various techniques of corporate restructuring, and valuation methods and their application used by corporate in real life. : Students can understand how the merger helps the firm to create financial synergy. : To develop an understanding of merger and acquisition as a significant economic activity taking place in todays economy. At the end of the course the student will be able to Find out value creation through merger. Financial deal structuring of merger. Impact on merger in the economy, industry and company.

2. Course Requirement 3. Objectives of the Course 4. Learning Outcomes

5. Session Plan: Proposed Date December 26,2011 December 27,2011 December 27,2011 December 28,2011 January 2,2012 January 3,2012 January 4,2012 January 5,2012 January 9,2012 January 10,2012 January 10,2012 January 11,2012 January 12,2012 January 10,2012 January 16,2012 Topic of Course Introduction to the subject Introduction to Corporate Restructuring Fundamental concept of corporate restructuring Different forms of CR Motives & applications of corporate restructuring Mergers & acquisitions concept Mergers & acquisitions concept Mergers & acquisitions Process Due diligence for M&A Due diligence for M&A Module 1 Test Accounting For M&A Accounting For M&A Competition Act For M&A Reference Chapter 1-T2 Chapter 1-T2 Chapter 1-T2 Chapter 2-T2 Chapter 4-T2 Chapter 4-T1 Chapter 4-T1 Chapter 4-T1 Chapter 5-T1 Chapter 5-T1 Chapter 8-T1 Chapter 8-T1 Chapter 8-T1 Chapter 8,9,11-T2

SEBIs rules & regulations for M&A January 17,2012 January 18,2012 January 19,2012 January 20,2012 January 23,2012 January 24,2012 January 25,2012 January 26,2012 February 1,2012 February 2,2012 February 6,2012 February 7,2012 February 8,2012 February 13,2012 February 14,2012 February 15,2012 February 20,2012 February 21,2012 February 22,2012 February 27,2012 February 28,2012 February 29,2012 March 1,2012 6. Text Books Share Buyback guidelines Tax implications of amalgamation and demergers Calculation of Exchanhe Ratio Module 2 Test Fundamental and methods for valuation Calculation of Financial Synergy and Return Different approaches for Valuation Comparable Approach Different approaches for Valuation Transaction Analysis Approach Different approaches for Valuation DCF, Real Option Different approaches for Valuation Formula Approach Different approaches for Valuation Other Approaches Valuation Of Brands Funding Option under M&A Module 3 Test Corporate Restructuring And Divestiture Corporate Restructuring And Divestiture Financial Restructuring Alliances and Joint Ventures Employee Stock Ownership Going to Private Leveraged Buy Out Cross Boarder M&A Module 4 Test : Chapter 10-T1 Chapter 13-T2 Chapter 16-T2 Chapter 16-T2 Chapter 16-T2 Chapter 16-T2 Chapter 16-T2 Chapter 16-T2 Chapter 16-T2 Chapter 9-T1 Chapter 9-T1 Chapter 5-R1 Chapter 6-R1 Chapter 13-R1 Chapter 15-T2 Chapter 15-T2 Chapter 1-T1

T1 P. Rajesh Kumar Mergers & Acquisitions Tata McGraw-Hill, Latest Edition T2 Prasad Godbole Mergers, Acquisitions and Corporate Restructuring Vikas Publication Latest Edition (Must be Purchased) 7. Reference Books :

R1 James J. Fred Weston, Mark L.Mitchell, J. Harold Mulherin Takeovers, Restructuring, and Corporate Governance Pearson Education R2 Patrick Gaughan Mergers, Acquisitions & Corporate restructuring (4th Edition) Wily Publication R3 Arzak Value Creation from Mergers And Acquisitions Wiley India (P) Ltd. R4 Chandrashekar Krishna Murthy & Vishwanath. S.R Merger Acquisitions & Corporate Restructuring Sage Publication R5 Machiraju Mergers And Acquisitions New Age Publishers R6 Ramanujam et al Megers TMH, 2003 R7 John C. Michelson Restructuring for Growth TMH R8 Bhagvandas Corporate restructuring Himalaya

8. Internet Resources 9.

: Preferable to the student.

Further Readings (other than book) : Business Standard, the Economic Times, Financial Express, Chartered Financial Analyst Journal of Applied Finance, CFA Reader, Business Today, Business India, Business World and Finance India : Physical and mental attendance is compulsory in class. Students having +80% attendances will get 5-Marks and less will get ZERO marks.

10. Attendance Policy

11. Teaching Pedagogy

: The course will use the following pedagogical tools: (a) Case discussion covering a cross section of decision situations. (b) Discussions on issues and techniques (c) Projects/ Presentations/ Quizzes/ Class participation etc : As per Guidance

12. Date of Submission

13. Late Work Submission : Not Accepted 14. Guideline for the Project: It should be in print form (A4 Size). In proper word format. Filed properly with the transparent plastic file or spiral binding. 15. Internal Assessment: No Internal Assessment Component 01 Module Ending Test 02 Presentations 03 Conduct/Discipline 04 Attendance 05 Report (Module 5) 06 Mid Semester Exam 07 University Exam 16. Groups for the Class Presentation : Group Name of the Student Joshi Tejas Hemantkumar Kachhiya Brijeshkumar Harivadan Patel Pragneshkumar Rasikbhai Patel Sumitkumar Pravinbhai Shelat Hirakkumar Dharmendrabhai Shah Meghaben Dilipbhai Shaikh Jabin Imityazbhai Patel Jalpen A

Weightage 10 10 05 05 20 30 70 Topic for Presentation

Group I

Accounting For M&A

Group II

Competition Act For M&A

Group III

Pathan Nilofarbanu Sarifkhan Brahmbhatt Zalakben Yogeshkumar Shaikh Shabbirbhai Hanifbhai Panchal Himanshu Sureshkumar Kinjal A Soni Parikh Darshankumar Dashrathkumar Dalwadi Dhawalkumar Yogeshbhai Patel Manishkumar Mahendrabhai Yadav Karamsinh Rajbahadur Patel Mayurkumar Niketanbhai Patel Jaivikkumar Balkrushna Bhavshar Sandipkumar Ashwinbhai Patel Priyeshkumar Rajendrabhai Soni Ami Ajaybhai Pawar Vaibhav Harshadray Patel Rikenkumar Shantilal Ms.Surbhi Laddha Patel Devang Harshadbhai Malik Mohammedmushahir M Chauhan Yogeshkumar Pravinkumar Shah Monikaben Mukeshkumar Patel Nayankumar Chandrakantbhai Rajput Jyotikumari Mahendrasingh Patel Muktiben Sanjaybhai

SEBIs rules & regulations for M&A

Group IV

Share Buyback guidelines

Group V

Funding Option under M&A

Group VI

Employee Stock Ownership Going to Private Leverage Buy out

Group VII

Corporate Restructuring And Divestiture Cross Boarder M&A Financial Restructuring Alliances and Joint Venture

Group VIII

17. Guideline for presentation: Class will be divided into 8 groups. Each group will consist of four students. The group partners will be given to the students by the instructor. Each group will have to give one in class presentation on the topic assign to the group. Every presentation will be on power point. Every group will have to show the powerpoint presentation and the topic divided in between the group to the instructor.. The presentation will be taken on Random basis, so it is compulsory for all the students to remain present in class. 18. Classroom Conduct: 1. Mobiles are not allowed or if you have keep in carry on begs in Off -mode 2. Students are required to be in classroom well in time before the entry of the teacher. 3. I-card is compulsory every time when you outside home. 4. Notebook should remain open when teacher is in class. 5. Always be attentive and curious, when you are in class.