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Corporate Restructuring and Valuation (FNCE90012)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable (login required)(opens in new window)
Contact information
Overview
Availability | Semester 1 Semester 2 |
---|---|
Fees | Look up fees |
This subject examines mergers, acquisitions and other corporate restructuring techniques and the valuation issues which arise in this context. Topics include: mergers and acquisitions (motives, corporate voting and control, economic issues, strategic issues, legal issues); divestments (carve-outs, spin-offs, leveraged buy-outs); valuation techniques (cashflow-based approaches, multiples-based approaches); and investor activism.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Identify and describe the various corporate restructuring techniques.
- Understand and analyse the key economic, strategic and legal issues involved in corporate restructuring transactions.
- Identify and describe the various corporate valuation techniques.
- Understand and apply cashflow-based valuation methods and multiples-based valuation methods in a corporate restructuring setting.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- Oral communication
- Written communication
- Collaborative learning
- Problem solving
- Team work
- Statistical reasoning
- Application of theory to practice
- Interpretation and analysis
- Critical thinking
- Synthesis of data and other information
- Evaluation of data and other information
- Using computer software
- Accessing data and other information from a range of sources
Last updated: 31 January 2024
Eligibility and requirements
Prerequisites
All of
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON90033 | Quantitative Analysis of Finance I |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
ECON90034 | Economics of Finance |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
FNCE90047 | Financial Markets and Instruments |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
AND
One of
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ACCT90002 | Financial Statement Analysis |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
ACCT90004 | Accounting for Decision Making |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Corequisites
Non-allowed subjects
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 31 January 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Examination
| Mid semester | 50% |
Group Project (normally in groups of 2-3 students)
| End of the teaching period | 30% |
Class participation (based on the students in class discussion of both a firm valuation exercise developed over weeks 2 through 4; and three small merger and acquisition cases discussed in weeks, 6, 8 and 9)
| Throughout the teaching period | 10% |
Video presentation (individual)
| End of the assessment period | 10% |
Additional details
Last updated: 31 January 2024
Dates & times
- Semester 1
Principal coordinator Garry Twite Mode of delivery On Campus (Parkville) Contact hours Three hours per week of lectures Total time commitment 170 hours Teaching period 26 February 2024 to 26 May 2024 Last self-enrol date 8 March 2024 Census date 3 April 2024 Last date to withdraw without fail 3 May 2024 Assessment period ends 21 June 2024 - Semester 2
Principal coordinator Marina Gertsberg Mode of delivery On Campus (Parkville) Contact hours Three hours per week of lectures Total time commitment 170 hours Teaching period 22 July 2024 to 20 October 2024 Last self-enrol date 2 August 2024 Census date 2 September 2024 Last date to withdraw without fail 20 September 2024 Assessment period ends 15 November 2024
Time commitment details
Estimated total time commitment of 170 hours per semester
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
Last updated: 31 January 2024
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Finance - Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 31 January 2024