FM407E      Half Unit
Mergers, Buyouts and Corporate Restructurings

This information is for the 2026/27 session.

Course convenor

Dr Cynthia Balloch

Availability

This course is available on the MSc in Finance (part-time). This course is not available as an outside option to students on other programmes. This course uses controlled access as part of the course selection process. For information on controlled access courses, including eligibility, application processes, deadlines, and departmental contact details, please refer to the Controlled Access Courses webpage.

All students on a programme listed above will be given a place. The course is not capped.

Please contact finance.teachingmanager@lse.ac.uk with any queries.

This course does not permit auditing students.

Requisites

Pre-requisites:

Students must have completed FM422E and FM423E before taking this course.

Course content

  • Financial analysis of corporate transactions
  • Mergers and acquisitions
  • Leveraged buyouts
  • Corporate restructuring in financial distress
  • Shareholder activism

This course focuses on the strategy, valuation and execution of corporate deals. In particular, the course examines several key types of transactions including mergers and acquisitions, leveraged buyouts, restructuring in financial distress, and shareholder activism. The course combines in-depth analysis based on financial economics drawing on academic research with a sustained focus on institutional details, utilizing a number of case studies to support the learning process.

Teaching

30 hours of seminars in the Autumn Term.

This course is taught in an interactive format. There is no distinction between lectures and classes/seminars; there are simply “sessions” where the pedagogical approach is always interactive.

Formative assessment

Students will be expected to complete coursework regularly.

 

Indicative reading

A course pack will be distributed that includes case studies as well as additional readings such as textbook chapters, and practitioner articles. 

Assessment

Continuous assessment (100%).


Key facts

Department: Finance

Course study period: Autumn Term

Unit value: Half unit

FHEQ level: Level 7

Total students 2025/26: 29

Average class size 2025/26: 29

Controlled access 2025/26: Yes
Guidelines for interpreting course guide information

Course selection videos

Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.

Personal development skills

  • Team working
  • Problem solving
  • Communication
  • Application of numeracy skills
  • Commercial awareness
  • Specialist skills