The benefit of learning together with your friend is that you keep each other accountable and have meaningful discussions about what you're learning.
Courtlyn
Promotion and Events Specialist
12 October 2023
11 weeks, online
5-7 hours per week
Our participants tell us that taking this programme together with their colleagues helps to share common language and accelerate impact.
We hope you find the same. Special pricing is available for groups.
The benefit of learning together with your friend is that you keep each other accountable and have meaningful discussions about what you're learning.
Courtlyn
Promotion and Events SpecialistTuition assistance is live as per below schedule. The full programme fee is £1450 as of the start date.
Mergers & Acquisitions is an online programme that prepares you to structure and execute successful M&A deals. Over the course of 11 weeks, you will develop frameworks to identify opportunities, valuate a business, negotiate the deal and manage the post-merger integration. Practical and strategic, the programme is designed to help you realise maximum value at each stage of a deal, domestic or international.
As firms recalibrate their strategies for a post-pandemic environment, the M&A environment is likely to retain its momentum. This includes more acquisitions and divestitures, cross-border transactions, and deals that deliver higher transformational value for the acquiring firm. The more challenging the economic environment becomes, the more vital M&A strategies are for growth and profitability.
of companies that successfully scaled their businesses relied on M&A as a significant component of their growth strategies.
of technology CEOs plan to pursue M&A in the next 12 months.
With mergers and acquisitions ranked as Business Talent Group’s top development project for 2021, corporations are looking for leaders who can manage complex deals. Among the most in-demand skills are two critical areas for M&A specialists:
Due Diligence
Post-Merger Integration
At the end of this 11-week online programme, you will be able to:
The innovative thinking at Imperial College London has made the school a worldwide leader in the fusion of business, technology and an entrepreneurial mindset. Imperial’s Mergers & Acquisitions programme delivers a strategic curriculum you can leverage right away to structure your own deal:
To help you understand the unique opportunities and challenges of mergers and acquisitions, this programme concentrates on the strategic and financial aspects of corporate restructuring. The goal is for you to gain clarity and confidence throughout the M&A deal cycle.
Begin the programme by introducing yourself to your global classmates and becoming familiar with the learning platform used throughout the curriculum.
Explore the finances of corporate restructuring, including elements of financing, growth strategies and the process for value creation.
Compare a range of models in the M&A universe, such as consolidation, subsidiary, hostile takeover and horizontal integration, examining each form for value creation.
Consider industry trends, the point of view and motivation of every M&A player, and the potential benefits and drawbacks of M&A.
Explore a range of strategic restructuring forms as alternatives to M&A, such as alliances, Employee Stock Ownership Plan (ESOPs), divestitures, joint ventures, carveouts and consortiums.
Identify key differences in the M&A process for the buy-side and the sell-side; examine valuation, pricing and financing issues; and prepare for due diligence in the transaction.
Takeovers require strategy, including preparation for possible defenses against hostile takeovers and negotiation and bidding techniques for the bargaining table.
Selling, transferring and consolidating the assets of two companies is a complex transaction, demanding solid negotiation, valuation, pricing and financing tactics.
When the ink is dry on the contract, the real work begins to maximise synergies and seamlessly combine core business interests in the post-merger integration process.
Overseas opportunities in emerging and developing markets are compelling but sealing cross-border deals depends upon specific M&A practices and priorities.
Learn more about roles and careers in the M&A process, from those searching for potential deals to investment bankers to lawyers dealing with documentation.
Begin the programme by introducing yourself to your global classmates and becoming familiar with the learning platform used throughout the curriculum.
Takeovers require strategy, including preparation for possible defenses against hostile takeovers and negotiation and bidding techniques for the bargaining table.
Explore the finances of corporate restructuring, including elements of financing, growth strategies and the process for value creation.
Selling, transferring and consolidating the assets of two companies is a complex transaction, demanding solid negotiation, valuation, pricing and financing tactics.
Compare a range of models in the M&A universe, such as consolidation, subsidiary, hostile takeover and horizontal integration, examining each form for value creation.
When the ink is dry on the contract, the real work begins to maximise synergies and seamlessly combine core business interests in the post-merger integration process.
Consider industry trends, the point of view and motivation of every M&A player, and the potential benefits and drawbacks of M&A.
Overseas opportunities in emerging and developing markets are compelling but sealing cross-border deals depends upon specific M&A practices and priorities.
Explore a range of strategic restructuring forms as alternatives to M&A, such as alliances, Employee Stock Ownership Plan (ESOPs), divestitures, joint ventures, carveouts and consortiums.
Learn more about roles and careers in the M&A process, from those searching for potential deals to investment bankers to lawyers dealing with documentation.
Identify key differences in the M&A process for the buy-side and the sell-side; examine valuation, pricing and financing issues; and prepare for due diligence in the transaction.
There are both cautionary and inspirational lessons to be learned from real-world takeovers. You will examine details of the following corporate restructurings:
Although the negotiations took three years, the friendly vertical merger between these German automotive giants in 2009 resulted in synergy valuation.
Designed to safeguard competitiveness for both car companies, this strategic merger in 1998 did not have the desired result, with Daimler later selling Chrysler at a loss.
In a creeping takeover, German media group Axel Spring employed hostile techniques in 2010 to get the better of the French online property company, SeLoger.
Notable as the largest merger of its kind in 1988, the acquisition was designed to allow Philip Morris to diversify from tobacco and Kraft to retain its independence.
The 2010 marriage between the Dutch bank group ABN AMRO and Fortis was a rocky and complex merger with several false starts and crises.
Video Lectures
Live Webinars
Weekly Assignments
Interactive Activities
Case Studies
Discussions & Polls
Dedicated Programme Support Team
Continuous Programme Access
Building on your business knowledge in accounting, finance, valuation, strategic management, and organisational behavior, this programme is designed to expand your skills in M&A techniques and transactions. It is particularly relevant for the following roles:
Senior Executives responsible for their firm’s growth, portfolio, and investments, especially executives seeking to capture value through mergers to create synergies of revenue, cost, and capital. Representative roles may include:
Mid-level Managers responsible for accounting, valuation, research, financial modelling and smaller-scale investment decisions, particularly those seeking to transition to an M&A role and to build credibility and influence in deal making. Representative roles may include:
Professionals in investment banking and finance who are responsible for sourcing, executing and managing deals, as well as building relationships with investment banks and private investors. It is particularly valuable for consultants seeking to create value for companies and build expertise in deal management. Representative roles may include:
Legal Professionals working as legal counsel to investment banking, finance or law firms, especially those who ensure compliance for their clients, structure transactions, provide due diligence and prevent antitrust liability in mergers and acquisitions. Representative roles may include:
Consultants advising client organisations on financing and investing decisions looking to understand the M&A process from both sides, identifying the roles of those involved and understand how M&A works in an international context. Representative roles may include:
Marc Kitten
Partner at Candesic Strategy Consultants, Visiting Professor in Finance at Imperial College London
Marc Kitten is a founding partner at Candesic Strategy Consultants in London. He has 25 years of experience in transactions and financial markets and advises corporations and financial investors in the areas of corporate strategy and corporate finance. He serves on the boards of several fast-growing companies. Before co-founding Candesic, he was a consultant at McKinsey & Co. in London and a Vice-President at Deutsche Bank in Frankfurt.
He is also a visiting professor in finance and strategy with 20 years of teaching experience at Imperial College and other Business Schools in Europe, Asia, and the US. He lectures both graduates and executives in most aspects of corporate finance and strategy. He is the author of the 2009 Vault Guide to Careers in Private Equity in Europe and has published several case studies. Marc holds an MBA from the University of Chicago Booth School of Business, completed the Young Managers Programme at INSEAD, and graduated from EDHEC Business School in Finance.
Upon completion of the programme, participants will be awarded a verified Digital Certificate by Imperial College Business School Executive Education.
Please note that this programme contributes to earning Associate Alumni status. Visit the Associate Alumni page to find out more.
Download BrochureAt Imperial College Business School, we create people-centric learning experiences. From conception through to delivery, we are guided by the principle that learning is a creative, personal and above all, human process. Our high quality, crafted learning environments are highly interactive, community-orientated and actively tutored. Our programmes offer an engaging experience designed to facilitate natural learning behaviours.
RealNo compromises. Our online programmes offer the absolute equivalent of our campus-based programmes. They adopt the same rigorous academic standards, are delivered via our world-leading faculty and offer a comparable high-touch approach to the classroom experience.
After reviewing the information on the programme landing page, we recommend you submit the short form above to gain access to the programme brochure, which includes more in-depth information. If you still have questions about whether this programme is a good fit for you, please email learner.success@emeritus.org, and a dedicated programme advisor will follow up with you very shortly.
Some programmes do have prerequisites, particularly the more technical ones. This information will be noted on the programme landing page, as well as in the programme brochure. If you are uncertain about programme prerequisites and your capabilities, please email us at the ID mentioned above.
Note that, unless otherwise stated on the programme web page, all programmes are taught in English, and proficiency in English is required.
More than 50 per cent of our participants are from outside the United States. Class profiles vary from one cohort to the next, but generally, our online certificates draw a highly diverse audience in terms of professional experience, industry and geography—leading to a very rich peer learning and networking experience.
Check back at this programme web page or email us to inquire if future programme dates or the timeline for future offerings have been confirmed yet.
Each programme includes an estimated learner effort per week. This is referenced at the top of the programme landing page under the Duration section, as well as in the programme brochure, which you can obtain by submitting the short form at the top of this web page.
We have designed this programme to fit into your current working life as efficiently as possible. Time will be spent among a variety of activities, including:
The programme is designed to be highly interactive while also allowing time for self-reflection and to demonstrate an understanding of the core topics through various active learning exercises. Please email us if you need further clarification on programme activities.
More than 300,000 learners across 200 countries have chosen to advance their skills with Emeritus and its educational learning partners. In fact, 90 per cent of the respondents of a recent survey across all our programmes said that their learning outcomes were met or exceeded.
All the contents of the course would be made available to students at the commencement of the course. However, to ensure the programme delivers the desired learning outcomes the students may appoint Emeritus to manage the delivery of the programme in a cohort-based manner the cost of which is already included in the overall course fee of the course.
A dedicated programme support team is available 24/5 (Monday to Friday) to answer questions about the learning platform, technical issues or anything else that may affect your learning experience.
Peer learning adds substantially to the overall learning experience and is an important part of the programme. You can connect and communicate with other participants through our learning platform.
Each programme includes an estimated learner effort per week, so you can gauge what will be required before you enrol. This is referenced at the top of the programme landing page under the Duration section, as well as in the programme brochure, which you can obtain by submitting the short form at the top of this web page. All programmes are designed to fit into your working life.
This programme is scored as a pass or no-pass. Participants must complete the required activities to pass and obtain the certificate of completion. Some programmes include a final project submission or other assignments to obtain passing status. This information will be noted in the programme brochure. Please email us if you need further clarification on any specific programme requirements.
Upon successful completion of the programme, you will receive a smart digital certificate. The smart digital certificate can be shared with friends, family, schools or potential employers. You can use it on your cover letter or resume and/or display it on your LinkedIn profile.
The digital certificate will be sent approximately two weeks after the programme, once grading is complete.
No, only verified digital certificates will be issued upon successful completion. This allows you to share your credentials on social networking platforms, such as LinkedIn, Facebook and Twitter.
No, there is no alumni status granted for this programme. In some cases, there are credits that count towards a higher level of certification. This information will be clearly noted in the programme brochure.
You will have access to the online learning platform and all the videos and programme materials for 12 months following the programme start date. Access to the learning platform is restricted to registered participants per the terms of agreement.
Participants will need the latest version of their preferred browser to access the learning platform. In addition, Microsoft Office and a PDF viewer are required to access documents, spreadsheets, presentations, PDF files and transcripts.
Yes, the learning platform is accessed via the internet, and video content is not available for download. However, you can download files of video transcripts, assignment templates, readings, etc. For maximum flexibility, you can access programme content from a desktop, laptop, tablet or mobile device.
Video lectures must be streamed via the internet, and any livestream webinars and office hours will require an internet connection. However, these sessions are always recorded, so you can view them later.
Yes, you can register up until seven days past the published start date of the programme without missing any of the core programme material or learnings.
The programme fee is noted at the top of this programme web page and usually referenced in the programme brochure as well.
Yes, you can do the bank remittance in the program currency via wire transfer or debit card. Please contact your programme advisor or email us for details.
Yes! Please email us with the details of the programme you are interested in, and we will assist you.
Please email us your invoicing requirements and the specific programme you’re interested in enrolling in.
Yes, the flexible payment option allows a participant to pay the programme fee in instalments. This option is made available on the payment page and should be selected before submitting the payment.
Please connect with us via email for assistance.
You may request a full refund within seven days of your payment or 14 days after the published start date of the programme, whichever comes later. If your enrolment had previously been deferred, you will not be entitled to a refund. Partial (or pro-rated) refunds are not offered. All withdrawal and refund requests should be sent to admissions@emeritus.org.
After the published start date of the programme, you have until the midpoint of the programme to request to defer to a future cohort of the same programme. A deferral request must be submitted along with a specified reason and explanation. Cohort changes may be made only once per enrolment and are subject to availability of other cohorts scheduled at our discretion. This will not be applicable for deferrals within the refund period, and the limit of one deferral per enrolment remains. All deferral requests should be sent to admissions@emeritus.org.
Flexible payment options available.