Online M&A course · Taught by an investment banker

Most M&A courses teach the model. This one teaches the deal.

The M&A Training Program is a 100% online, self-paced course in mergers and acquisitions, taught in English by Germán Rovira Murillo — 25+ years in corporate finance and 300+ M&A transactions, former partner at PwC Corporate Finance, founder of Eneas Corporate Finance and Executive Director for Spain at Houlihan Lokey – Banca Leonardo. Fifteen sessions on valuation, private equity, LBOs, negotiation and due diligence, built from what actually happens between the first call and the closing.

Inside Corporate Finance newsletter.

Track record

300+

/ M&A transactions advised

25+ years

PwC · Eneas · Eurohold · Houlihan Lokey

Germán Rovira Murillo · Program Director

Sessions

15 × ~45 min

Format

100% online

Pace

Your own

Language

English

Access

Unlimited

You receive

Certificate of completion

01 — The gap

Theory gets you into the room. Judgement keeps you there.

Textbooks explain how M&A should work. Deals rarely follow the textbook. So we took the usual course material and marked it up — the way a lawyer marks up a first draft.

Standard M&A course — draft v1

Comments: G. Rovira

Value the company with a DCF and you know what it is worth.

Value is your number. Price is what someone will pay on a Tuesday afternoon, under pressure, with two other bidders in the process.

More buyers means more competition.

The right three buyers, in the right sequence, create more tension than forty who were never going to sign.

Due diligence confirms the numbers.

Due diligence is where the price gets renegotiated. Prepare for it before the buyer does.

02 — The syllabus

Fifteen sessions, in the order a deal unfolds.

Each session: a video lesson, technical notes, a presentation, case studies and financial models, practical exercises and downloadable templates.

Mandate

Valuation

Financing

Negotiation

Due diligence

Closing

Unit 1 · Preparation

Financial fundamentals & business valuation

S01Corporate finance & financial modelling I

S02Corporate finance & financial modelling II

S03Business valuation: DCF, WACC, multiples

S04The M&A transaction process

Unit 2 · Structuring

Private equity, buyouts & alternative financing

S05Private equity I: funds, portfolios, exits

S06Private equity II: buyouts, growth, VC, search funds

S07Fundraising & structured finance

S08Management buyouts (MBO) & buy-ins (MBI)

S09Leveraged transactions I: types of debt

S10Leveraged transactions II: LBOs & recapitalisations

Unit 3 · Execution

Negotiation, due diligence & closing

S11Negotiation & strategy I: tools, synergies

S12Negotiation & strategy II: earn-outs, deferred payments

S13Due diligence & pro forma financials

S14Public M&A: takeovers, IPOs, poison pills

S15ESG & compliance: AML, confidentiality, insider trading

03 — Who it's for

The long-list.

Every sale process starts with a list of buyers who make strategic sense. Here is ours. No prior M&A experience needed — a business or finance background helps.

01

Analysts & associates

In investment banking, PE or corporate development, who want to understand the whole deal, not just their slice of the model.

02

Lawyers & consultants

Who sit at the table and want to speak the language of valuation, structure and price.

03

Finance professionals in India

CAs, CFA candidates and corporate finance teams working on domestic and cross-border transactions.

04

MBA graduates & final-year students

With a business or finance background, aiming for their first deal team.

05

Future CFOs & heads of strategy

Who will one day sign on the buy side — or the sell side — and want to know what they are signing.

Germán Rovira Murillo, M&A and corporate finance expert

Where the experience comes from

Partner, PwC Corporate Finance & Investment Banking · Founder, Eneas Corporate Finance · Managing Partner, Eurohold Madrid · Executive Director, Houlihan Lokey – Banca Leonardo (Spain) · Today: Strategic & Financial Director, Grupo Meridional · Board member, Montebalito and MetaGestión · ICADE E-2 · MBA, IE Business School

04 — A letter from the Program Director

When I started in corporate finance, nobody taught me how a deal really moves. I learned it the slow way — over twenty-five years and more than three hundred transactions, some brilliant, some painful.

Today’s M&A professionals need more than the numbers. They need the strategy, the legal framework and the nerve behind every sentence of a negotiation. I built this programme to give you what I wish I had had on day one: not more theory, but the blueprint.

If you finish it and walk into your next deal a little calmer and a lot sharper, it has done its job.

Germán Rovira Murillo

05 — The offer

Every deal ends with a term sheet. So does this page.

No hidden clauses. One payment, unlimited access, and the same frameworks used in real transactions.

Summary of terms

Term Sheet

M&A Training Program 

1.

Price

€800 — single payment, plus VAT/GST where applicable

2.

Scope

15 sessions (~45 min each) across 3 units

3.

Deliverables

Video lessons, technical notes, presentations, case studies, financial models, templates and exercises — all downloadable

4.

Access

Unlimited, 100% online, self-paced. Hosted on Teachable

5.

Language

English

6.

Credential

Certificate of completion (not an accredited academic degree)

7.

Network

Private alumni network and ongoing support

8.

Conditions precedent

None in M&A. A business or finance background is recommended

 

Signed: the buyer

06 — Data room

Q&A log

Something missing? Write to info@learnmergersandacquisitions.com

15 sessions of around 45 minutes each, plus exercises and templates. Access is unlimited, so you set the pace.

No. A business or finance background is recommended; the course starts from financial fundamentals and valuation.

Yes — a certificate of completion from the M&A Training Program. It is not an accredited academic degree: the course is taught by an M&A practitioner, not a university. What you take away is practical knowledge for real transactions.

Yes. It is taught in English, fully online and self-paced, and the frameworks are the ones used in international and cross-border deals.

CFA and MBAs cover M&A as one topic among many, mostly in theory. This programme is only M&A, taught by a practitioner with more than 300 advised transactions, with real walkthroughs, models and negotiation tactics.

M&A analyst or advisor, corporate finance associate, private equity and VC investment roles, corporate development, and the path to CFO or head of strategy.

On Teachable, a secure course platform you can access from any device, anywhere.

The price is €800. Depending on your country, VAT or GST may be added at checkout, where you’ll see the final amount before paying.

Closing

Your next deal will be the real exam. Arrive prepared.

15 sessions. Unlimited access. Taught by someone who has sat on both sides of the table for more than three hundred times.

Golf ball at the edge of the hole — the last inch of a deal

Most deals are lost in the last inch.