Objectives of Programme's Learning Outcomes

• Apply innovative methods to solve an unprecedented problem in mathematics or within its applications.
• Mobilise knowledge, and research and analyse various information sources to propose innovative solutions targeted unprecedented issues.
• Adapt to different contexts.
• Have developed a high degree of independence to acquire additional knowledge and new skills to evolve in different contexts.
• Critically reflect on the impact of mathematics and the implications of projects to which they contribute.
• Demonstrate thoroughness, independence, creativity, intellectual honesty, and ethical values.

Learning Outcomes of UE

At the conclusion of this course, the students are able :
- to describe the markets of mergers and acquisitions
- to use the various techniques of evaluation- to valuate a company in different contexts
- to criticize the use of the various methods (on the sense, technical and operational plan)
- to understand and to criticize the links between corporate governance and financial engineering.

UE Content: description and pedagogical relevance

The course focuses on the problem of mergers & acquisitions and of the firm's valuation. This valuation can be driven in various contexts : acquisition, merger, transmission, initial public offering, ... The different techniques of valuation are investigated in the light of these diverse situations. The critical analysis of valuation methods makes the object of a particular care and constitutes the opportunity to revise the various theories of the corporate finance.

Prior Experience

Not applicable

Type(s) and mode(s) of Q1 UE assessment

• Oral examination - Face-to-face

Q1 UE Assessment Comments

Not applicable

Type(s) and mode(s) of Q1 UE resit assessment (BAB1)

• N/A - Néant

Q1 UE Resit Assessment Comments (BAB1)

Not applicable

Type(s) and mode(s) of Q3 UE assessment

• Oral examination - Face-to-face

Q3 UE Assessment Comments

Not applicable