Mergers & Acquisition have gained popularity throughout the world in the recent times. They have become popular due to globalization, liberalization, technological developments & intensely competitive business environment. Mergers and acquisition are a big part of the corporate finance world. This process is extensively used for restructuring the business organization. In India, the concept of mergers and acquisition was initiated by the government bodies. The Indian economic reform since 1991 has opened up a whole lot of challenges both in the domestic and international spheres. The increased competition in the global market has prompted the Indian companies to go for mergers and acquisitions as an important strategic choice.
The trends of mergers and acquisitions in India have changed over the years. The immediate effects of the mergers and acquisitions have also been diverse across the various sectors of the Indian economy. Mergers and Acquisitions (M&A) have been around for a long time and has experienced waves of popularity during these times and they are very much an important part of todays business world. They have also become increasingly international which can be due to the rising global competition. The popularity of cross-border M&As makes it important to look at them from an international perspective
As a subject in PGDM one studies the aspect of valuation in Mergers i.e. how a company decides about the amount that has to be paid for acquiring. Basically M&A emerged as a strategic issue but now a days, valuation aspect has gained more popularity.There are thousands of investment bankers who are daily engaged in valuations and in the coming years this trend is expected more in Banking sector as well as other sectors too. So one should study this subject in PGDM as well as PGDM (BFS).One will find this subject very interesting as it involves knowledge from every field.
They are suitable for those studying advanced undergraduate and MBA courses in top MBA colleges, industrial organizations, finance, business strategy, and corporate governance, as well as those preparing for exams set by professional bodies. Mergers & Acquisitions focuses on how to value and analyze opportunities in this market; how to design and value consideration and deal protection measures; how to initiate and defend against hostile bids; and how to integrate businesses after a deal is struck.
The recent acquisition of Zain by Bharti airtel is a well known example of this subject as once you start reading about the deal your interest keeps on increasing about the day to day news because people attached with this field have a zeal to know what will happen next, whether this deal will show positive signs or negative signs for the stock market. Mergers & Acquisitions teaches both qualitative and quantitative analysis: most cases require a balance of financial techniques and business judgment grounded in institutional facts. The course seeks to promote good judgment in the evaluation, structuring and management of mergers and acquisitions.
When you are travelling abroad, there is a possibility of indulging in a little expenditure, be it for shopping or staying in a hotel. However, there is a high possibility of being at the receiving end of financial fraud or damage if you are not careful. In this article we give you relative information on how to reduce financial damage with a forex card.
Forex cards are ideally used to avoid the problem of currency fluctuations. When you top up the card, you normally top it up with the value of the currency from the country you will be visiting. Thus if you many any financial transactions in that country, you will be charged with the currency conversion rate at the time when the card was topped up. Therefore if the conversion rate is high you will not be at a loss by paying the higher amount. However, there is a high chance you will lose out if the conversion rate is low.
A forex card has a limited amount of funds on the card. If you finish the funds on this card, there is a long process of reloading finance on the card which can be done only from the home country. Thus, this prevents you from over expenditure during your purchases. It also works beneficially to your advantage if the card is stolen or lost. If the card is stolen or lost, it can be remotely blocked. In such a case, the remaining funds can be transferred into the replacement card. Also, if there is any remaining funds in the card it can be transferred back into your account once you return back to your home country.
PIN Protected Cards
When you apply for this card, you normally receive a PIN code with it. This code can only be used by you alone and no one else. This code is created to prevent un-authorized usage of your card, without your knowledge. Any financial transactions will only take place once the PIN is used on the machine. This PIN can be changed only by you as long as the banking institute is aware of it. If there is any change in the PIN code, you will be immediately informed of it.
Updates on your Phone
If you are using you phone when you are travelling abroad, you ensure that you card is connected to you phone network where you can get alerts for all the financial transactions you undertake. Thus in this way, you can ensure that you aware of all the transactions that take place on your card. You can also get alerts when the funds of your cards are getting low and thereby reduce your expenditure.
No one likes to imagine that illness or death could compromise their family’s financial security. But, tragically and all too often, these things devastate families and leave them in a vulnerable financial position just when they need the most security. Spending only a few hours preparing for such a scenario might save your family needless trouble. Once, only fathers needed to worry about this, but today with two-earner families comprising the majority of American families, both partners should actively participate in planning to ensure financial security for themselves and their children.
At the very least, each partner should have a simple will specifying who will receive assets and who will take guardianship of the children. Financial professionals advise naming one person to control the financial assets and another person to take physical custody of the children. You can prepare your own wills by purchasing a kit online or at an office supply store. Although this is a good short-term solution, you should consult a lawyer as soon as possible, particularly if you have a lot of assets or there is disagreement in your extended family about who should serve as guardians for your children.
Adequate life insurance is also essential to protecting your family. The majority of Americans do not carry enough life insurance to ensure that their family will enjoy the same quality of life after their death. Simple term insurance is adequate for most people’s needs. Whole life policies rarely provide the same level of returns as other investments, such as stocks. Many insurance companies have life insurance calculators on their websites which will help you determine exactly how much insurance you need. Be sure to take into account any insurance provided by your employer. If one spouse stays home with the children, they should also be insured since the surviving partner will need to pay for child care and household services.
Most Americans are unaware that it is not death, but disability that most frequently causes financial problems for a family. Check with your employer to see if they offer short and long-term disability insurance. If not, have your insurance agent quote you for this essential coverage that will protect you and your family if you can no longer work.
Finally, long-term care insurance will cover nursing home or other types of ongoing residential care. Young people often overlook this coverage, thinking that it’s only for older people. However, head injuries, paralysis and other traumatic injuries often result in the need for long-term residential care.