This subject focuses on the merger and acquisition process in the Australian market. It examines the regulatory environment for mergers and acquisitions in Australia and identifies the relevant shareholding thresholds under the Corporations Act. It also provides an overview of the research phase and role of the corporate adviser. It compares the different forms of acquisition, including private treaty acquisitions, and discusses the implementation of offeror and defensive strategies. Students apply their understanding of the merger and acquisition process through analysis of a real transaction that occurred in the Australian market in recent years. For more information, please refer to the subject outline. For Study Period 6 2022 onwards, please refer to the subject outline here.
Learning outcomes Subject content Duration Assessment Prerequisites Assumed knowledge Course transition subject equivalence Reading list Learning outcomes On successful completion of this subject individuals should be able to: Apply the regulatory framework to acquisitions and takeovers Compare different forms of acquisitions and divestments Apply valuation methods to mergers and acquisitions Implement offeror strategies Implement defensive strategies Compare methods of structuring and funding the acquisition. Subject content TopicTitle Topic 1Introduction to mergers and acquisitions Topic 2Valuation issues in mergers and acquisitions Topic 3Private treaty acquisitions and sales Topic 4Regulatory considerations for bidders Topic 5Public company activities Topic 6Forms of consideration and funding the acquisition Topic 7Commercial considerations and strategies for the acquirer Topic 8Formal response to a bid Topic 9Defensive strategies: Pre-emptive and reactive Topic 10The Takeovers Panel Duration The duration of this subject is one study period (12 weeks). Assessment Assessment TypeAssessedWeighting ExaminationWeek 640% AssignmentWeek 1260% For Study Period 6 2022 onwards: Assessment TypeAssessedWeighting TaskWeek 415% Assignment 1Week 745% Assignment 2Week 1240% Click here for an assessment timetable. Prerequisites There are no prerequisites for this subject. However, individuals should review the ‘Assumed Knowledge’ tab to understand the prior knowledge Kaplan advises they should hold before enrolling in this subject. Assumed knowledge Whilst there are no prerequisites for this subject, Kaplan assumes that individuals have completed FIN202 Fundamentals of Asset Valuation, FIN203 Fundamentals of Equity Markets and FIN204 Fundamentals of Risk or understand the content covered in those subjects, prior to undertaking FIN330 Mergers and Acquisitions. Course transition subject equivalence Individuals may not be required to complete this subject if they have transitioned from a SIA/Finsia/Kaplan course and have completed the following subjects: E142 Mergers and Acquisitions FIN230 Mergers and Acquisitions Reading list There is no prescribed text for this subject. Individuals are provided with key readings and access to Kaplan’s online databases. Individuals are encouraged to research and read widely on the topic.
Learn more about Master of Applied Finance, Graduate Diploma of Applied Finance or Graduate Certificate in Applied Finance >
This subject focuses on the merger and acquisition process in the Australian market. It examines the regulatory environment for mergers and acquisitions in Australia and identifies the relevant shareholding thresholds under the Corporations Act. It also provides an overview of the research phase and role of the corporate adviser. It compares the different forms of acquisition, including private treaty acquisitions, and discusses the implementation of offeror and defensive strategies. Students apply their understanding of the merger and acquisition process through analysis of a real transaction that occurred in the Australian market in recent years. For more information, please refer to the subject outline. For Study Period 6 2022 onwards, please refer to the subject outline here.
Learning outcomes Subject content Duration Assessment Prerequisites Assumed knowledge Course transition subject equivalence Reading list Learning outcomes On successful completion of this subject individuals should be able to: Apply the regulatory framework to acquisitions and takeovers Compare different forms of acquisitions and divestments Apply valuation methods to mergers and acquisitions Implement offeror strategies Implement defensive strategies Compare methods of structuring and funding the acquisition. Subject content TopicTitle Topic 1Introduction to mergers and acquisitions Topic 2Valuation issues in mergers and acquisitions Topic 3Private treaty acquisitions and sales Topic 4Regulatory considerations for bidders Topic 5Public company activities Topic 6Forms of consideration and funding the acquisition Topic 7Commercial considerations and strategies for the acquirer Topic 8Formal response to a bid Topic 9Defensive strategies: Pre-emptive and reactive Topic 10The Takeovers Panel Duration The duration of this subject is one study period (12 weeks). Assessment Assessment TypeAssessedWeighting ExaminationWeek 640% AssignmentWeek 1260% For Study Period 6 2022 onwards: Assessment TypeAssessedWeighting TaskWeek 415% Assignment 1Week 745% Assignment 2Week 1240% Click here for an assessment timetable. Prerequisites There are no prerequisites for this subject. However, individuals should review the ‘Assumed Knowledge’ tab to understand the prior knowledge Kaplan advises they should hold before enrolling in this subject. Assumed knowledge Whilst there are no prerequisites for this subject, Kaplan assumes that individuals have completed FIN202 Fundamentals of Asset Valuation, FIN203 Fundamentals of Equity Markets and FIN204 Fundamentals of Risk or understand the content covered in those subjects, prior to undertaking FIN330 Mergers and Acquisitions. Course transition subject equivalence Individuals may not be required to complete this subject if they have transitioned from a SIA/Finsia/Kaplan course and have completed the following subjects: E142 Mergers and Acquisitions FIN230 Mergers and Acquisitions Reading list There is no prescribed text for this subject. Individuals are provided with key readings and access to Kaplan’s online databases. Individuals are encouraged to research and read widely on the topic.
Learn more about Master of Applied Finance, Graduate Diploma of Applied Finance or Graduate Certificate in Applied Finance >
