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Executive Education

Maitriser le financement de l’entreprise et les opérations de Fusions-Acquisitions Maitriser le financement de l’entreprise et les opérations de Fusions-Acquisitions

Program overview

This 4-day seminar aims to understand the major decisions in financial policy to finance the company's growth, the principal financial operations (capital increase, capital reduction, debt issuance, fundraising, LBOs, mergers, acquisitions), and to implement them following a rigorous and proven methodology.

Executive Short Program Maitriser le financement de l’entreprise et les opérations de Fusions-Acquisitions

Format: In-class
Duration: 4 days
Language: French
Next start:
Cost: 5700 €*
Place: France

The program is aimed at:

Executives working in banks and financial institutions, entrepreneurs, business leaders, management controllers, treasurers, risk managers, auditors, accountants, legal experts.

Prerequisites:

It is necessary to have a minimum level of knowledge in accounting, particularly concerning the various financial statements of the company (income statement, balance sheet, and cash flow statement), as well as sufficient knowledge of financial analysis and business valuation.

 

Download the brochure

 

* Net price, HEC Paris is not subject to VAT. Prices, dates, faculty, and program content are subject to change.

Objectives

 

Differentiating between the market value of an asset and its price.


Understanding why and how a company finances itself through equity and/or debt and the importance of financial policy.


Conducting a capital increase or fundraising. 


Choosing between different forms of debt.


Understanding the process of mergers and acquisitions and mastering the financial stakes of external growth.


Analyzing and structuring a Leveraged Buyout (LBO) operation

Program


Equilibrium market theory, mandate theory, agency theory, impact of taxation, growth-control dilemma, the importance of financial communication.

Pre-money value, post-money value, preferential subscription rights, fundraising, the role and expectations of an investment fund.

Different forms of debt: senior, subordinate, hybrid, unitranche, convertible bonds.

Structuring an operation, different stakeholders, 'manpack', 'ratchet' clause.

Synergies, due diligence, asset and liability warranties, earn-out, price adjustments.


Academic direction

FRANCK CEDDAHA
Affiliate Professor, HEC Paris

Pedagogy et evaluations

Pedagogy :

The teaching team consists of seasoned practitioners in corporate finance and affiliated professors within the HEC Paris Group, enabling each participant to benefit from a high level of technical and pedagogical expertise.

Realistic case studies and team projects ensure individual and collective progress and the achievement of pedagogical objectives.

Evaluation : 

The assessment is based on individual participation, group work, as well as a knowledge test

 

Capitalization   capitalisation certificat  

This Short Executive Program is eligible for capitalization towards the Executive Certificate Finance d'entreprise

Download the brochure

 

 


Fields preceded by an * are mandatory. Failure to fill out the correct fields will delay your brochure request. By completing this form, you are giving consent to HEC Paris to collect your data in order to process your request for documentation, offer you its training programs and ensure their follow-up. You have a right to access, modify, oppose, delete, limit, transfer, and to inform us how you wish your personal data to be processed, in the event of your death, by contacting exed@hec.fr. Find out more about the management of your personal data and your rights

Register for the program

 

Fill in the form to check your eligibility and start the registration process.

APPLY HERE

 

This program is accessible for people with disabilities. Please contact us if you have any specific requirements or to obtain the Public Accessibility Register.

Funding options

Find out more about possible funding options for the program you have chosen.

Explore funding options

Contact

CHRISTINE PAPEIX
CHRISTINE PAPEIX
Program Advisor Finance