Click this LINK for a brief video course introduction.
The main objective of “Corporate Transactions and Financial Modelling” is for you to acquire a lasting ability to successfully understand, analyze, model, value and creatively think about LBO, M&A, IPO and restructuring activities.
1. explore structural, accounting, regulatory, taxation, institutional and process-related aspects of different transactions
2. develop advanced valuation and financial statements analysis skills
3. prepare full-blown transaction models with integrated B/S, I/S and CFS using Excel 2010.
We use these models to study the feasibility of deals, to predict financial ratios and to explore liquidity and profitability consequences of different deal structures and assumptions. We use databases that are commonly used by practitioners and emphasize real-world applications. For example, you receive your own FactSet Desktop license including Excel add-in and we incorporate applications into the course. The overarching goal is to develop an advanced toolbox to succeed in a transactions-related role in IB, PE, consulting, investment management, corporate management or entrepreneurship.
The 12-week course (B8019) provides, due to its longer duration, more applications and practical insights than the block week course (B8018). Differences in assignments and weights are discussed in the grading sections of the two syllabi.
Anne Heinrichs joined Columbia University in 2014 with PhD and MBA degrees from the University of Chicago and five years of work experience in investment banking, private equity and accounting. She is a CFA Charterholder and has financial advisor licenses in securities, derivatives and regulations. Professor Heinrichs develops a new elective course titled View full profile