MBA ディール系選択科目キット
M&A、PE、VC の選択科目: ディール分析、EPS の増加と希薄化、シナジー、取引ストラクチャー、LBO モデル、ファンドの経済性、価値創造、VC メソッド、タームシート、ポートフォリオ構築。
M&A
MBA Mergers and Acquisitions Course Guide Template
フルM&A elective: competencies, 13-session roadmap, deal process, dated IFRS 3, HSR and EU merger facts, Northfield mini-case with teaching note, rubric, exam plan
Manne 1965; Jensen and Ruback 1983; Roll 1986; Sirower 1997; IFRS 3 and IAS 36Accretion and Dilution Concept Card Template
フルFull merger EPS model: payment mix, cash on hand, debt, PPA amortisation, synergy phase-in, break-even synergies, EPS-neutral price, leverage, ownership
IAS 33; IFRS 3; Myers and Majluf 1984; Travlos 1987Synergy Valuation Concept Card Template
フルCost, revenue and dis-synergies, costs to achieve, phase-in, probability, terminal value, NPV against premium, walk-away price, required performance improvement
Sirower 1997; Bradley, Desai and Kim 1988; Houston, James and Ryngaert 2001M&A Deal Structuring Concept Card Template
フルM&A deal structuring card: cash vs stock, true cost of a stock deal, signalling, collars, earn-outs, deal protections, purchase price allocation and goodwill, dated HSR, EUMR and IFRS 3 facts
Myers and Majluf 1984; Hansen 1987; Travlos 1987; Rappaport and Sirower 1999; Kohers and Ang 2000; IFRS 3 and ASC 805 (acquisition method)M&A Integration 100-Day Plan Template (Day 1, TSA, Synergies)
フルIntegration plan: thesis, IMO, gantt, gun-jumping rules, Day 1 checklist, TSA exits, finance, people, customers, synergy tracking, 100-day review
Integration practice; EU Merger Regulation, HSR Act; IFRS 3 and ASC 805 (names only)
PE と LBO
MBA Private Equity Course Guide Template
フルPE elective guide: competencies, prerequisites, 13-session roadmap, fund economics, DPI, TVPI, PME, evidence, ILPA, buyout mini-case with teaching note, rubric, self-test
MBA private equity elective practice; Kaplan and Schoar 2005; Metrick and Yasuda 2010; ILPA Principles 3.0 and 2025 templatesMBA LBO Model Concept Card Template
フルFull LBO model: sources and uses, term loan, notes, revolver, sweep, circularity, interest cap, PIK, credit statistics, sensitivities, maximum price, walk from paper LBO
LBO modelling practice; Jensen 1986; Kaplan and Stein 1993; Axelson et al. 2009 and 2013; IRS FS-2026-14Private Equity Fund Economics Concept Card Template
フルCapital calls, fees, European and American waterfalls, catch-up, clawback, TVPI, DPI, RVPI, net IRR, J-curve, KS-PME, direct alpha, ILPA templates
ILPA Principles 3.0 (2019); ILPA Reporting and Performance Templates (2025); Kaplan and Schoar 2005; Metrick and Yasuda 2010Private Equity Value Creation Concept Card Template
フルEquity value bridge, revenue, margin, multiple, deleveraging, sequential vs Shapley attribution, value creation plan, KPI driver tree, buy-and-build
PE value creation practice; Kaplan and Strömberg 2009; Shapley 1953; Gompers, Kaplan and Mukharlyamov 2016Private Equity Investment Memo Template (LBO, IRR, MOIC)
フルPE deal memo: sources and uses, thesis, market, QoE bridge, value creation plan, valuation, LBO returns and sensitivity, terms, diligence, risks, exit, fund fit
AIFMD Art. 26-30 (as amended by Directive (EU) 2024/927); EU Merger Regulation 139/2004; FDI screening (Reg 2019/452, Reg 2026/1386); IPEV 2025 (named)
ベンチャーキャピタル
MBA Venture Capital Course Guide Template
フルMBA VC elective guide: fund structure, TVPI, DPI, PME, 13-session roadmap, Fund I and Corvane Series A mini-case with teaching note, rubric, self-test
Venture capital literature (Sahlman 1990; Gompers 1995; Kaplan and Stromberg 2003; Kaplan and Schoar 2005 PME); ILPA Reporting and Performance Templates (2025)MBA Venture Capital Method Card Template
フルVenture capital method: exit value, target return, retention ratio, max post-money, First Chicago scenarios, fund-returner test
Venture capital method (Sahlman and Scherlis 1987; Sahlman 1990); venture returns per Cochrane (2005) and Gompers, Gornall, Kaplan and Strebulaev (2020)MBA Venture Term Sheet Card Template
フルVenture term sheets: preference multiples, participation, seniority, cumulative dividends, ratchet and weighted average anti-dilution, pay-to-play, control
NVCA model legal documents (revisions Oct 2025 to Jun 2026, checked Oct 2026); venture contracts per Kaplan and Stromberg (2003)Venture Capital Portfolio Construction Card Template
フルInvestable capital, recycling, cheque size, entry and exit ownership, dilution, reserves, pro rata, fund-returner test, power-law simulation, follow-ons
VC practice; Sahlman 1990; Kaplan and Schoar 2005; Kerr, Nanda and Rhodes-Kropf 2014; Gompers et al. 2020
ディールとピッチ
Paper LBO Concept Card and Practice Cases Template
フルSources and uses, debt paydown schedule, exit, MOIC and IRR, MOIC to IRR table, rule of 72, value bridge, sensitivity, two practice cases with answers
LBO practice; Jensen 1986; Kaplan and Stromberg 2009; Gompers, Kaplan and Mukharlyamov 2016Due Diligence Request List Template (M&A Buy-Side)
フルM&A request list: ID and status rules, financial, tax, legal, commercial, ops, HR, IT/cyber, ESG, regulatory requests, data room index, Q&A log, findings
M&A practice; EU Merger Regulation, HSR Act, UK NSI Act 2021 (by reference)Quality of Earnings Template (QoE, EBITDA Bridge, NWC Peg)
フルQoE scope and report: adjusted EBITDA bridge, normalisation rules, revenue quality, standalone costs, NWC peg, net debt and debt-like items, cash conversion
Transaction services practice; IFRS 16 and IFRS 18 (names only)Investment Committee Memo Template
フルIC decision record: decision requested, thesis, mandate fit and limits, scenario expected return, sizing and liquidity, diligence, ESG, conflicts, minuted vote
17 CFR 275.204-2 (adviser records); MiFID II Art. 16(6) and Delegated Reg 2017/565 Art. 72-76; AIFMD Art. 14-15 (as amended by Directive (EU) 2024/927)