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

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

"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!

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Informative

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Awesome practice with real life case study

Awesome Practice

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Very detailed

Steven Huang

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Wonderful Course!

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Very Valuable

Robert Remondino

"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!

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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

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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

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The Best!

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"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!

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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.

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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

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

Super Helpful!

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Excellent Experience!

David Rodrigues

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Great Content!

Naseef Kamal

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

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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

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

Recommend to those in finance

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Excellent videos, walkthroughs, and explanations!

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Thoroughly Enjoyed Power BI

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Top Experience

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

Enjoying it!

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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!

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Very engaging and informative.

Engaging

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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!

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Thank you

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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.

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Extremely Impressed

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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!

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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

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"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

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

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

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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

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A Very Complete Course!

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Course is very well paced and easy to follow

Well paced

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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.

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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!

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

I grow tremendously

Antonio Newman

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

Clear, concise instruction

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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

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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!

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Excellent

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Cheers!

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Great job!

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"Clear explanation with concrete examples."

Clear Explanations!

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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

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"The case studies are just perfect!"

Perfect!

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

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Worth Every Penny

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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

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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