Mergers & Acquisitions Modeling

Learn to make merger models exactly like an investment banker would using real companies to measure the accretion / dilution of a deal.

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Taught by Instructors with Experience At

Overview

What you’ll learn

In this Mergers & Acquisitions (M&A) modeling course, we'll start with the basics, explaining how M&A creates value and the key metrics and adjustments to determine that. Then, we'll simulate a real investment banking work scenario through a potential deal. This will go over all the key steps in the process including the offer letter, the SPA, the virtual data room, and more. This will culminate in building a merger model including the sources & uses, the pro forma financial statements, and the accretion dilution analysis. Once we're comfortable with M&A modeling, we'll build an extensive merger model on Disney & Apple, including credit statistics, sensitivity analysis, contribution analysis, and much more.

Simulate Real Investment Banking Roles and Responsibilities

Downloadable Excel Models, Templates, and PDFs

Lifetime Access on Any Device

Prerequisites: Knowledge of Financial Accounting and Excel

Overview Student Profiles Curriculum Testimonials Instructors Pricing FAQs

Student Profiles

Who are these courses for?

University Students

If you're a college student looking to secure an internship or full-time job in a top tier business, finance, or investment firm, these courses are for you.

Working Professionals

If you're a working professional looking to level up your technical career skills, these courses are for you.

Career Switchers

If you're looking to boost your technical skills to better your chances of switching into a business or finance role, this course is for you.

Build M&A Models Like an Investment Banker

Our hands-on teaching combines both theory and practical exercises for you to test yourself and apply the concepts you've learned. From building a simple accretion dilution analysis to creating a full merger model exactly like you would at an investment bank, you'll have plenty of exercises to master M&A modeling.

Understand the Lifecycle of an M&A Deal

Get an insider's look at all the key phases in the M&A deal process, from sending an offer letter to building the virtual data room (VDR). You'll learn what junior investment bankers are expected to do, and learn how to do it yourself -from scratch- using the real form 10-Ks and 10-Qs of companies such as Apple or Disney.

Drive Your Career in Investment Banking and Beyond

This course is specifically tailored to current or aspiring professionals in investment banking, leverage finance, corporate development, or private equity. Stand out in both the buy and sell side with industry best practices taught by top-tier investment banking professionals.

Course Curriculum

Module 1: Introduction to M&A

Course Overview
What is M&A?
A Refresher on "Value" in Corporate Finance
M&A as a Tool to Create Value
Horizontal vs Vertical M&A
M&A Market Update

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Module 2: M&A Modeling Fundamentals

What is an M&A Model for?
Introducing EPS as the Key Metric
Cash Flow per Share
Introducing the Accretion / Dilution Model
100% Stock Deal Mechanics
100% Stock Deal Simple Model
PE Ratios to Determine Accretion / Dilution
Financing Adjustments to Net Income
Synergy Adjustments to Net Income
Fee Adjustments to Net Income
Accounting Adjustments to Net Income
Accretion / Dilution Analysis Presentation

Module 3: Lifecycle of an M&A Transaction

Buy-Side vs Sell-Side
Supply / Demand Matching
Mutual Interests Identified
Process Engagement
Serious Engagement
Signing and Closing
The Role of Junion Investment Bankers

Module 4: Intermediate M&A Exercise

Situation Introduction
Offer Letter
Alpha Industrials Company Profile
Brave Company Profile
Offer Details
Sources & Uses and Pro Forma Setup
Cash Flow Statement
Cash & Debt Schedule
Adjustments & Pro Format Part 1
Adjustments & Pro Format Part 2
Analyzing Returns

Module 5: M&A Modeling Case Study Introduction

Case Study Introduction
Sourcing Information
Parameters of the Transaction

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Module 6: M&A Modeling Setup

General Information
Target Details
Acquirer Details
Key Deal & Financing Terms
Sources & Uses of Funds

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Module 7: Pro Forma Balance Sheet

Inputting Acquirer Balance Sheet Historicals
Inputting Target Balance Sheet Historicals
Transaction Adjustments
Pro Forma Balance Sheet Build
Credit Statistics

Module 8: Accretion / Dilution Analysis

EPS & Net Income Forecasts
Transaction Adjustments (and Taxes)
Building an Accretion Dilution Analysis
Sensitivity Analysis
Contribution Analysis

Module 9: Wrap Up & Next Steps

Next Steps
Bonus: M&A Interview Questions Part 1
Bonus: M&A Interview Questions Part 2

Get Certified!

Impress recruiters with your resume

Upon completion of all course lessons, you will receive a digital certificate with your credentials. Furthermore, you can add it to your LinkedIn to show your skills to recruiters!

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Testimonials

What our students say

Kenji has done a superb work. Pls add also more cases or pitch deck. However, full program is well designed for MBA students to Proferssionals.

Superb Work

Johnny Chowdhury

Well Organized and very practica course... congratulations..

Well Organized

Hyascar Jesus Vargas Zelada

Top experience, top professors and top material. I'm waiting for more powerful finance and Excel courses. Congratulations!

Top Experience

Guillem Bigordà Freixas

I highly recommend investing some courses from Career Principles. You'll not only learn the skills that you'll need to succeed in your business career, but also a brush up on some important skills that might be useful for your job.

Highly Recommend

J Lee

Course is very well paced and easy to follow

Well paced

Reeta Sooknah

"The lessons are structured, clear, and concise. They even have downloadable files that you can practice on! When you complete the courses, you can add them easily to your LinkedIn and reap the benefits! In addition, the team is quick to respond and happy to help."

Extremely Impressed

Josh McDonald

"Really enjoyed the practical case studies that made it feel like a real scenario I could encounter at work."

Super Helpful!

Isabella West

Great content! Highly recommend for refresh accounting skills

Great Content!

Naseef Kamal

"This course has given me the opportunity to strengthen my accounting foundations, learn how to build a dynamic 3-statement model, conduct a complex DCF, Comps and Precedent Transactions valuation, and create a stock pitch deck to present to target clients."

Cheers!

Marvel Tanudjaja

"This course managed to reactivate the knowledge from my university studies 15 years ago and, above all, to translate it into a practical context. The Excel skills taught along the way are at least as valuable to me. Thank you Kenji & Team ."

Very, very helpful!

Marco Horn

I have been enjoying learning SQL with Career Principles. Thank you, so much. This course covered SQL from basis till advanced. I could understand SQL better. I wish all the best to all the team members of Career Principles!

Thank you, so much.

Katia Rues

This excel course for finance is very useful, I recommend it to those who work in finance

Recommend to those in finance

Aditiya Kusuma

The materials are well organized and thought through. Definitely recommend it!

Definitely recommend it!

Arif Rashid

Very detail analysis to financial ratios and the three financial statements, do recommend to any beginners who are looking to go to banking and financial services!

Very detailed

Steven Huang

Lesson material is extremely relevant, intuitive, and easy to follow. I've learned everything from Microsoft Excel, Power BI to MySQL.

Easy to follow

Michael Dos Santos

This course is worth it! I would entreat anybody who wants to advance their knowledge in Excel to take this course. My commendation and respect to the Career Principles Team, Kenji, and Co. Well done, guys.

This course is worth it!

Selasi Kwame

"Kenji & Michael's teachings are practical and focus almost entirely on giving the student the tools to succeed in real life business and finance scenarios. After finishing the course, I feel like I am no longer missing out on something that is so essential for my career."

Highly Recommend!

Yakuphan Alptekin

The courses are exceptionally helpful and thorough, teaching practical applications of theoretical knowledge, which is exactly what I've been seeking. They're easy to follow, though a solid foundation in finance and accounting is necessary for full comprehension.

Exceptionally Helpful

Garay

It was a wise decision to purchase this course. As an analyst, I'm learning a lot and applying what I've learned to my current position.

Wise Decision to Purchase

Jamaal T

Great Excel and Power BI courses. Lots of interesting and interesting things I've learnt. I do recommend it!

I do recommend it!

Vladimir Sobur

Awesome practice with real life case study

Awesome Practice

Rupali Kapadia

"I took this course before starting my job as an investing banking analyst, not being from a hardcore finance background, this course helped in solidifying my basic concepts as well building real life excel skills that are required for my job."

Amazing, Detailed and Realistic!

Ishaan Mathur

Yes, well done. Great job! Bring you step by step accross solving problems you usually find at work. With downloading file can practise at the same time and so easily memorize and get it. Thanks.

Great job!

Marco Franceschini

Very much so I started as a true beginner , Now I feel like I grow tremendously.

I grow tremendously

Antonio Newman

The course was presented in a way that was easy to access and understand. What really stood out to me were the informative tools that were provided to help make my skills and work easier, more professional, and stand out from others. These tools were incredibly helpful and I was able to apply them to my work immediately.

Excellent Experience!

David Rodrigues

I've taken multiple courses with Career Principles and some of them I'm still going through. The way the material is presented in each course has been clear and easy to understand with the many examples. The key to effective training is the real world application of key concepts and projects. In other words, how can this training be used in real world projects that you would need in your career. Thank You!

Thank you!

Keith Aul

The course provided valuable insights and was worth every penny. I highly recommend it.

Worth Every Penny

Molly Dadzie

Great course on SQL. I really learned a lot! I would recommend this course for anyone interested in learning more about SQL.

Great Course on SQL

K R

"Very thorough and comprehensive! The guidance I received from the senior instructors helps me in my everyday life as a financial analyst at Amazon."

Well Done!

Tristan Chiu

"This course is the best. It's packed with informational and realistic examples. I love the downloads that are available for you to practice what's being taught. This course has really enhanced my skills."

The Best!

Jasmine Akujobi

I just randomly encountered Kenji on his Youtube videos. As a finance lover, I decided to pay for this course and learned a lot from what he and his team taught me. I hope I would be able to connect them on LinkedIn some days.

Learned a lot

Hai Nguyen

As an investment club president, I wholeheartedly recommend the Finance & Valuation Module for people who want to develop their technical finance skills. The digestible lessons, straightforward content, and hands-on walkthroughs helped our new members secure finance internships as freshmen.

Exceptional Training Solution!

Michael Penna

Awesome learning Power BI and Kenji's' explanations are very clear and easy to follow.

Awesome learning Power BI

Jim Brooks

"The course was extremely helpful, it has allowed me to build my Excel finance skills from the ground up, the course is perfect for anyone looking to strengthen their knowledge of Excel and finance. Amazing Work!"

A Very Complete Course!

Teo Ballbe

"Very thorough and practical, definitely recommend for those who want to level up their Excel skills."

Excellent

Bilal Kamara

I have been using Excel to keep track of assignments for years. It wasn't until I decided to shift career paths that I found this course and realized just how powerful Excel is! This course does an amazing job of breaking down concepts, formulas, functions, visualizations, dashboards, you name it, this course explains it! I love Kenji's YouTube channel, and this course is like an extension of the videos he produces. Great stuff!

Great stuff!

David H

The online Power BI course exceeded my expectations with its comprehensive content and expert instruction. Highly recommended for anyone looking to master Power BI skills. The course platform is better experienced on a laptop than an iPad.

Exceeded my expectations

Khin Yaminn

I LOVE THE TRAINING PROGRAM. EASY TO UNDERSTAND AND CAN RERUN AS NEED FOR CLARITY. I LIKED IT SO MUCH I PURHCASED THE ENTIER OFFERING!

I LOVE THE TRAINING PROGRAM

George Taylor

"I've seen a lot of Excel courses out there, but this one is definitely the best. It covers a lot of topics and gives great explanations for all of them. Plus you get to do real-world exercises at the end to put into practice what you've learned. I highly recommend."

Great Explanations!

Jamie Forschner

"Clear explanation with concrete examples."

Clear Explanations!

Russell Tankoua

At first I was a bit worried that having to remember the different shortcut keys, would slow down my progress. However, after applying them to the exercises a few times, I now try to do the case studies on my own first, then watch the videos to see if my approach makes sense.

Makes sense!

Ikmareka Hunt

"The case studies are just perfect!"

Perfect!

Murilo Cangueiro

This course is extremely beginner friendly, and teaches you all the necessary formulas, concepts, and shortcuts necessary. The end of each module provides a case study allowing you to practice what you've learned.

Beginner friendly

Julian Mascio

This is handy and good. I like the explanations and clarity when formulas and the theory around the formulas are explained. I also like the keyboard cheat sheet and the fact he uses the keyboard shortcuts in the videos.

I like this course and recommend it

Tom Munt-Davies

Very well structured course. I've been working with Excel for over 10 years, but I still learned a lot of neat shortcuts and functions that's applicable to my role as a business analyst.

Very well structured course

Will

I love that it's interactive I learn best when I am doing the work not just watching. The instructors answer your questions so quickly. Better than LinkedIn courses by a long shot.

I love that it's interactive

Ashley Thompson

Pretty good. Compiled and comprehensive. Good excel exercises and good to work with real examples! You might have to have some knowledge to make sense of everything presented here. This is not a course for finance. It is a course in using excel for financial modelling and so its helpful to have finance knowledge.

Pretty Good

Raghav Wasan

Clear, concise instruction. If you enjoy Kenji's videos you will be more than happy with your purchase

Clear, concise instruction

Matt Pounch

"The course delivered as promised. It had the right balance of theory and practical exercises with downloadable resources to further my learning. Great job!"

Awesome Course!

Andy Giro

Very thorough and informative no matter your excel skill level.

Informative

Tam Tran

"Semi-retired physician doing this for fun. Wish I had this knowledge in Med School as it would have been very valuable for expanding business knowledge and maybe entrepreneurship."

Very Valuable

Robert Remondino

I recently concluded an online financial course and found it an excellent learning experience. Meticulously organized, the class offered clear explanations and relatable examples to simplify intricate financial concepts. Additionally, including practical exercises and case studies enabled me to apply these concepts in real-life situations. Consequently, this course has given me a heightened confidence in my financial knowledge and abilities. I highly recommend this course to individuals seeking to enhance their financial literacy.

Excellent Learning Experience

Dinah Fojas

"The senior instructors have really helped me develop the skills I needed to perform at the level of a finance professional. These practical skills have carried me a long way in my banking career!"

Just What I Needed!

Daniel Mwabila

The Power BI course is outstanding! The pace is perfect, the content is business relevant, and the instructor does a great job explaining concepts. This course is a game changer for me and I'm excited to apply the new skills that I've learned!

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I thoroughly enjoyed this Power BI course! The content was clear, well-structured, and incredibly helpful for improving my skills. The examples and case studies provided valuable insights and made the learning experience more engaging and practical. I recommend this course to anyone looking to enhance their Power BI proficiency. Thank you for such an informative and enriching experience.

Thoroughly Enjoyed Power BI

Selina Chee

Amazing course, with the essential things that you might need in future workplace + the case studies are really good to test yourself.

Amazing Course!

Erik Reznicek

"The best Excel course. My Excel skills have improved significantly. Thank you guys for creating such a wonderful course."

Wonderful Course!

Ebenezer Anane

Thank you for a great course. Whether you're a beginner looking to grasp the fundamentals or an intermediate user aiming to enhance your skills, this course provides a solid foundation and practical insights into the world of Power BI. I highly recommend this course to anyone seeking to unlock the full potential of data visualization and analysis in their professional journey.

Thank you

Evelyn Tah

Very beginner friendly course with step by step instruction and practices in between. I am enjoying it!

Enjoying it!

Yuling Zheng

Very creative and informative, and I enjoyed learning the course. They cover all the small detailed points and explain each small point with its relation to other points in all the lectures. This is done with high-quality resolution videos. Thank you and good luck to the Career Principles team!

Just What I was Looking For!

Rashed Al-Romaithi

"It was a wise decision to purchase this course. As an analyst, I'm learning a lot and applying what I've learned to my current position."

Worth the Money!

Jamaal Tobias

Excellent videos, walkthroughs, and explanations!

Excellent

Joseph Daher

Great course. One issue for me is I am not a fan of keyboard shortcuts, I wish more of the alternative navigation to input was explained

Great course

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Everything about Career Principles' courses are top-notch. They take you through from beginning to end very quickly, and give you fantastic resources to learn. I cannot recommend their courses highly enough!

I cannot recommend their courses highly enough!

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The course is very easy to understand as it's very precise, short, and direct to the point. I learned a lot from this excel course and will definitely help me elevate my accounting skills. Great course!

Great course!

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Very engaging and informative.

Engaging

Justin Risin

I'm currently taking the Power BI online course. The instructors break down the teaching to bite size videos. The demos are easy to follow and gives me the confidence to build my own dashboards. Really thankful to have discovered this course. Keep up the good work!

Keep up the good work!

Jennifer Ng

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Mergers & Acquisitions Modeling

What you’ll learn

Who are these courses for?

University Students

Working Professionals

Career Switchers

Build M&A Models Like an Investment Banker

Understand the Lifecycle of an M&A Deal

Drive Your Career in Investment Banking and Beyond

Course Curriculum

Impress recruiters with your resume

What our students say

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Meet Your Instructors