Mergers & Acquisitions Studies
Content and Prospects

Mergers & Acquisitions Studies: Content and Prospects

Mergers & Acquisitions (M&A) – the merger and acquisition of companies – are among the central strategies in the corporate world. They enable companies to tap into new markets, create synergies and increase their competitiveness. However, the complex legal, financial and strategic challenges require specialized knowledge and expertise. A degree in M&A teaches precisely these skills and prepares students to analyze, negotiate and successfully implement complex transactions. This article explains what makes a degree in M&A special, what content is taught and what career opportunities arise from it.

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What qualifications do you need to study mergers and acquisitions?

To successfully complete a course of study in the field of mergers and acquisitions (M&A) and later work in this demanding field, both formal requirements and personal qualities are crucial. Here is an overview:

Personal Qualities

  1. Analytical thinking: Ability to quickly understand complex issues, analyze data and make informed decisions.
  2. Affinity for numbers: A keen interest in financial models, company valuations and economic interrelationships is essential.
  3. Strategic understanding: Enjoy developing strategic business decisions and understanding the implications of mergers and acquisitions.
  4. Strong communication skills: Since M&A processes often involve negotiations and collaboration with various stakeholders, clear communication and persuasiveness are essential.
  5. Ability to work in a team: M&A projects require collaboration in interdisciplinary and often international teams. Openness and flexibility are therefore important qualities.
  6. Stress resistance and resilience: The industry is known for demanding deadlines, long working hours and complex challenges.
  7. Intercultural competence: Particularly in international transactions, an understanding of cultural differences is a great advantage.
  8. Attention to detail and precision: M&A processes are prone to error, and even small mistakes can have major consequences. Accuracy is therefore a must.
  9. Curiosity and a willingness to learn: The M&A world is constantly changing due to new legislation, market trends and technologies. A willingness to continuously educate oneself is important.

Munich Business School - biggest advantage

The following diagram shows in brief what the greatest advantage of Munich Business School is.

Study mergers and acquisitions in Germany

In Germany, there are various opportunities for further education in the field of mergers and acquisitions (M&A). The courses are designed to provide both theoretical knowledge and practical skills in areas such as company valuation, contract design and strategic integration. Here are some of the typical programs of study:

  1. Master's in Mergers & Acquisitions (M&A)
    • A specialized master's program that focuses exclusively on the topic of corporate mergers and acquisitions.
    • Contents include topics such as due diligence, company valuation, post-merger integration and legal aspects of transactions.
    • Often designed to be taken alongside work in order to enable students with professional experience to specialize.
  2. Master in Corporate Finance with a focus on M&A
    • A comprehensive course of study that focuses on corporate finance but offers a specialization in M&A.
    • Includes both financing strategies and the operational and strategic execution of transactions.
  3. LL.M. in Business Law with a focus on M&A
    • A legal master's program that specifically addresses the legal framework of M&A transactions.
    • Topics such as contract design, compliance and international trade laws are the focus.
  4. MBA programs specializing in M&A
    • A management-oriented approach that provides executives with strategic knowledge and practical skills in the field of M&A.
    • Often interdisciplinary, with insights into financial analysis, negotiation tactics and strategic management.
  5. Interdisciplinary programs in economics and law
    • Degree programs that combine business and law and offer a specialization in M&A.
    • These programs provide a holistic perspective on the complex processes involved in mergers and acquisitions.
  6. Certificate courses and further education
    • Compact programs for professionals who want to acquire specific knowledge in areas such as company valuation, financing of acquisitions or post-merger integration.
    • Often in modular form, to be completed flexibly alongside a career.

These study options offer a sound education for anyone who wants to specialize in the complex challenges and opportunities in the field of mergers and acquisitions.

Facts: Mergers & Acquisitions program at Munich Business School

At Munich Business School, you can study Finance in the Master program with a focus on mergers and acquisitions. This gives you the perfect mix of business knowledge and practical experience and project management skills, for example through a business project, to help you shape your future according to your ideas. These are the most important facts about studying at MBS:

Duration of study:

18 or 24 Months

Degree:

Master of Arts

Start of studies:

Every September

Degree program:

Master in Finance

Language of study:

English

Tuition fees:

EUR 8.580 per Semester

Form of study:

In person at the campus in Munich

Highlights:

Electives, Mentoring Program & Business Project

Areas of focus:

Areas of focus such as Mergers and Acquisitions, etc.

That's what you'll learn in the
Mergers & Acquisitions program

Mergers & Acquisitions program study content

Category Course content
Business valuation and financial analysis Methods of business valuation (e.g. discounted cash flow, multiplier method), analysis of financial ratios and annual financial statements, risk management in M&A processes
Legal aspects of M&A Contract design for mergers and acquisitions, corporate law, tax law and competition law, due diligence from a legal perspective, regulations for international transactions
Strategic and operational planning Development of M&A strategies, synergy effects and their quantification, integration of companies after an acquisition (post-merger integration), restructuring measures
Financing transactions Financing options for acquisitions (e.g. equity, debt, leveraged buyouts), capital structure and its impact on transactions, private equity and venture capital
Negotiation and communication strategies Negotiations in M&A processes, communication with stakeholders, conflict management in mergers and acquisitions
International Aspects Cross-border transactions and cultural challenges, international M&A markets and trends, global regulation and its impact on M&A
Case Studies and Practical Exercises Analysis of real M&A deals, simulation of negotiation and decision-making processes, creation of business plans for M&A projects
Technological innovations and M&A Use of modern technologies such as big data and artificial intelligence in transaction analysis, digitalization and its impact on M&A,
Soft skills (optional) Leadership skills and teamwork, time management and stress management, ethics and corporate social responsibility (CSR) in M&A processes

Study mergers and acquisitions or business administration with a focus on mergers and acquisitions?

Studying business administration with a focus on mergers and acquisitions (M&A) offers you a broader and more versatile foundation than a degree program that specializes purely in M&A. While an M&A degree program is highly focused on the specific aspects of corporate mergers and acquisitions, a business degree program gives you access to a broader spectrum of business knowledge, such as marketing, controlling, human resource management or finance. This holistic perspective is particularly valuable because M&A transactions are heavily influenced by other areas such as corporate strategy and operational efficiency.

Furthermore, a business degree offers you more flexibility in the job market. If your professional interest changes or you want to reorient yourself, a sound business education is more versatile, while a purely M&A-focused education limits you to that specific field. With a business degree and a specialization in M&A, you can cover both breadth and depth and are optimally prepared for a career that includes not only M&A but also other business challenges.

Studying Business Administration at Munich Business School

Munich Business School not only offers you an excellent business degree program, but also focuses on international business so that you can pursue your chosen career anywhere in the world after graduation. The MBS Master in Finance offers many highlights such as a semester abroad, several internships, business projects, plenty of networking opportunities and much more. At Munich Business School, you can expect small study groups, dedicated teachers and award-winning programs. But more importantly, your name matters to us. Here, you are not an anonymous member, but the driving force that motivates us every morning. As a small, private university, we take time for your concerns and offer you a customized study experience. Our lecturers have extensive practical experience and teach you skills that really count. In addition to sound business knowledge, we also promote values and abilities that, as a future mergers & acquisitions expert, will bring you closer to sustainability and social responsibility and optimally prepare you for a wide range of professions.

Benefits of the MBS

Munich Business School offers students a number of advantages that are only possible thanks to the structure of a private university of applied sciences. You will benefit from the following advantages during your studies at MBS:

Learn from Experts

Professors with business experience and guest lectures by specialists

Individualized Support

Support through, for example, networking events and small class sizes

Double Education

in Finance and Management

Becoming a Generalist and a Specialist at the same time

Broad knowledge through business studies and specialized knowledge through interesting areas of focus

International Future Prospects

A business project & students from around the world

That's how easy it is to study at MBS:

 

Personal Interview

 

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Structure and completion of a merger & acquisitions program

Ein Studium im Bereich Mergers & Acquisitions ist oft als spezialisierter Master- oder Weiterbildungsstudiengang konzipiert. Hier ist eine typische Struktur:

Completing your studies

  • Degrees:
    • Master of Laws (LL.M.): For programs with a focus on legal aspects.
    • Master of Business Administration (MBA): For management and strategy-oriented courses.
    • Master of Science (M.Sc.): For programs with a focus on economic and financial aspects.
    • Certificates or diplomas: For shorter further education.
  • Duration:
    • Full-time master's: 1–2 years
    • Part-time studies: 2–3 years
    • Certificate programs: 6 months to 1 year
  • Career prospects after graduation:
    • Positions in investment banks, management consultancies, auditing firms or private equity firms.
    • Activities in the strategic management of large companies.

The program often concludes with a graduation ceremony at which the graduates receive their certificates and, depending on the institution, certificates for special qualifications.

The Master in Finance program at MBS

The demanding Master's program combines the core competencies of the business and finance world. It teaches you a broad range of skills in the areas of strategy, management, and finance. You will gain in-depth knowledge in topics such as corporate valuation, corporate finance, and international finance while developing the key competencies necessary to take on responsible management roles. After graduating from the Master in Finance program, you will be ideally qualified to work as an expert in areas such as financial management, annual report analysis, mergers & acquisitions, risk management or capital markets.

Our teaching approach places a strong emphasis on practical relevance. During your studies, you will benefit from the experience of our lecturers, who, in addition to their academic work, are also actively involved in the business world. Their in-depth industry knowledge, practical insights and grounding in current research will equip you to master complex business challenges and make informed decisions in the future.

An integrated semester abroad at one of our more than 60 partner universities worldwide will enable you to further deepen your knowledge in the field of finance and prepare you optimally for specialist and management roles in the international economy. If that's not enough for you, you can add a second semester abroad and acquire two specialized Master's degrees in just two years – the perfect start to your international career!

International Focus

The studies at MBS focus on the international market. A large part of the course content is taught in English and MBS students come from all over the world.

Semester Abroad

Internationality is also expressed through the semester abroad. Students spend the last semester at one of our more than 60 partner universities around the world.

Business Project

Students work on a business project for a real company. In doing so, they apply the theoretical knowledge gained during their studies in practical applications.

Master in Finance - No. 1 Choice

The following diagram shows that the Master in Finance at Munich Business School is the No. 1 choice for your future in the financial world.

Course content of the Master in Finance MBS degree program

Degree-specific modules

The Master in Finance modules are specifically designed to prepare you for a career in international business and finance. The program is complemented by practice-oriented courses in leadership, management and specific finance topics to provide you with a comprehensive education.

Business Project

The business project is a central component of the program. Together with your team, you will work on a practical problem for a real company. You will be able to apply your knowledge directly and gain valuable practical experience. The projects vary depending on the industry and company and are as diverse as your future career opportunities.

Core Modules

The core modules provide you with general business knowledge in courses such as international management, business communication or responsible leadership. You will learn to understand global economic interrelationships and to incorporate social and cultural aspects into your decisions. Through the interdisciplinary approach, you will work with students from other programs to broaden your knowledge and perspectives.

Electives

With electives, you can customize your studies. Choose from a wide range of courses, e.g. on financial topics such as mergers & acquisitions or capital markets, or expand your profile with topics such as international business law, communication or a research project. This is how you set personal accents for your professional goals.

If you have any further questions or need more information, please do not hesitate to contact our student advisory service.

Looking to find out more?

Studienberater MBS: Uttamdeep Kaur, B.A.

APPLICATION

You must meet certain academic, linguistic and, in some cases, professional requirements to be eligible for our Master’s in Finance. You can submit your application documents at any time. However, given the limited number of spaces on our programs, we recommend applying well before your preferred start date.

Admission Requirements

Academic Requirements

The main requirement for admission to the Master International Business study program is a successful Bachelor's degree (180 ECTS or more). Applicants with a degree in Business Studies/Management/Economics are entitled to apply for the program directly, applicants without a degree in economics can qualify for the program by completing the Pre Master Program. Upon request, we will gladly verify your documents in advance. Please contact your Program Advisor.

Language Requirements

English Proficiency

Applicants must proof their English language skills by passing one of the following language tests:

  • TOEFL iBT & Home Edition: min. 85 (min. of 22 in writing band, min. of 20 in all other bands; MBS TOEFL Institution Code: 5772)
  • IELTS & IELTS Online: min. level of 6.5– Academic Module
  • ELS English for Academic Purposes: Advanced Level 112
  • Duolingo English Test: Overall Score 115 or higher
  • Pearson PTE Academic: Overall Score 56 or higher
  • Cambridge: Min. 173 or Grade B or higher

Note: If the test is also used to apply for a visa, please check the requirements of the respective embassy in advance.

Test results can only be accepted if achieved within the last two years. If you are unable to obtain your test results before handing in your MBS application, please inform us about your planned test date.

The English proficiency test can be waived by the following candidates:

  • Applicants having completed their schooling in English (i.e., High School Diploma, IB)
  • Applicants having completed their first academic degree in English

APPLICATION DEADLINE

Application deadlines in detail

We accept applications all year round. However, we recommend that you apply as early as possible, as the number of places is limited.

Spring semester (Master International Business only)

  • Application guideline for Europeans (no visa): December 10
  • Application guideline for non-Europeans (visa required): October 31

Applicants from Vietnam, China and India should allow an extra month to apply for the relevant visas.

Winter semester

  • Application guideline for Europeans (no visa): July 15
  • Application guideline for non-Europeans (visa required): April 30

Applicants from Vietnam, China and India should allow an extra month to apply for the relevant visas.

APPLICATION PROCESS

Step 1: Putting together your application

You must submit the following mandatory documents for us to consider your written application:

  • Answers to motivational questions (choice of questions provided during the online application process)
  • CV/résumé
  • Current passport-style photo (in color, with a light background)
  • A copy of your school-leaving certificate(s)*
  • A copy of your undergraduate degree certificate (incl. transcripts)*
  • Evidence of adequate English language skills (TOEFL, IELTS or ELS)
  • References (if available)
  • Completed application form
  • If you are interested in scholarship programs: personal cover letter (1 page) 

*Please submit the relevant original document, or a certified copy, as soon as you are accepted onto the program. 

Online application:
Apply online for the Master’s program in International Business

Step 2: Admission to the program

Eligible applicants will be invited to a personal interview, either in person in Munich or online via Microsoft Teams (approx. 30–45 minutes). The interview may include examining a case study.

As soon as you are accepted onto the program, you will have the opportunity to get to know Munich Business School a little better – before you make the final decision about your studies. And, of course, our student advisors will be available to answer any questions you have.

Step 3: Study Contract

When we confirm your place, we will send you confirmation of your acceptance along with two copies of your study contact. To secure your place, please sign and return one copy of the contract to us within two weeks. You can keep the other copy for your files.

Additionally, in order to be formally accepted onto the program, you must pay a one-off matriculation fee of €690 (EU/EFTA) or €1,490 (non-EU) and make an advance payment of €1.990. This advance payment will be deducted from your first tuition fee payment.

Step 4: Student Visa

If you are a non-EU citizen, you must apply for a student visa in order to start your studies in Germany. You will require a letter of invitation from Munich Business School to secure your visa – which we will be happy to provide once we receive your signed student contract and a copy of your passport.

More about student Visa

Scholarships

Munich Business School offers attractive scholarship programs amount up to EUR 4,000 of the overall tuition fee. (Up to EUR 2,000 on the 1st and 2nd master's semester).

If you wish to apply for a scholarship, you should include an application when you submit your overall application. You can find further information on our scholarships and financing page.

Alumni experience report

Future-oriented and practical program ★★★★★

“I approached the program with the expectation that after graduation I would have the necessary skills to implement my own ideas. I can clearly confirm this. After a three-month practical project in which I was able to implement my own idea, my learning curve went steeply upwards.

I felt very comfortable from the very beginning thanks to great support throughout the entire time. Likewise, the many practical projects with companies such as Flixbus have helped me to enter the working world well prepared. For anyone looking for an international and future-oriented course of study, Munich Business School is the right university.

I can also confirm that the university's international orientation is unique. Through my time at the university, I have been able to build up a global network that has become extremely valuable to me, not only professionally but also personally.”

Philipp on StudyCHECK

Mergers & Acquisitions Salary

Salaries in the field of mergers and acquisitions (M&A) vary greatly and depend on factors such as position, professional experience, company size and location. Here are typical salary ranges:

  1. Entry-level positions
    • M&A analyst/junior analyst:
      • Annual salary: approx. €50,000–70,000
      • With bonuses, the salary can increase significantly, especially in investment banking.
  2. Experienced professionals
    • M&A consultant/associate:
      • Annual salary: approx. €80,000–120,000
      • With increasing experience and project successes, substantial bonus payments are possible.
  3. M&A Specialist:
    • Annual salary: approx. 75,000–100,000 €
    • Often employed in consultancies or internal departments of large companies.
  4. Management positions
    • M&A Manager/Project Manager:
      • Annual salary: approx. €100,000–150,000
      • This role often involves managing complex transactions and larger areas of responsibility.
  5. M&A Director/Head of M&A:
    • Annual salary: approx. €150,000–250,000
    • In this position, you will have strategic responsibility and often be directly involved in managing the company.
  6. Factors influencing salary
    • Professional experience: With increasing experience, the salary increases significantly. Senior positions often earn twice as much as entry-level positions.
    • Company size: Large corporations or international investment banks tend to pay higher salaries than smaller companies or boutiques.
    • Regional differences: In metropolitan areas such as Frankfurt, Munich or Düsseldorf, salaries are higher than in more rural areas.
    • Additional benefits: Many employers offer bonuses, company pension schemes, company cars or further training programs as additional compensation.

 

The M&A sector is characterized by above-average salaries and performance-related compensation systems, particularly in specialized and internationally operating companies.

The Munich Business School in Numbers

750+
Number of Students

60+
International Partner Universities

60+
Founded Startups

57 %
International Students

Job opportunities after a program in mergers and acquisitions

The following professions offer a wide range of opportunities to specialize and work in different industries after completing an M&A degree.

Job title Description of tasks Employer
M&A Analyst Conducting market and company analyses, providing support for due diligence, creating financial models. Investment banks, consulting firms, large companies.
M&A Consultant Advising companies on mergers and acquisitions, strategy development, conducting negotiations. Management consultancies, specialized M&A consultancies.
Corporate finance analyst Analysis of corporate finances, evaluation of investment opportunities, support with financing issues. Companies, banks, private equity firms.
Investment banking associate Development of financing concepts, support with M&A transactions, negotiation support. Investment banks, venture capital firms.
Private equity manager Managing funds, analyzing investment opportunities, managing portfolio companies. Private equity and venture capital firms.
In-house M&A manager Responsibility for the M&A strategy of your own company, identifying acquisition targets, integration. Large companies with their own M&A departments (e.g. automotive or pharmaceutical companies).
Strategy consultant Support with strategic corporate decisions, market analyses, development of growth strategies. Strategy consultancies, consulting firms.
Post-merger integration manager Planning and implementing the integration of companies after a merger, ensuring synergies. Management consultancies, large corporations with an M&A focus.
Legal counsel in M&A Advising on legal issues, contract drafting, ensuring compliance. Law firms, specialized legal departments of large companies.
Risk manager in M&A Analysis of risks in mergers and acquisitions, development of hedging strategies. Insurance companies, banks, large corporations.

Have you ever wondered which professions would be suitable for you with a business degree from MBS?

Then take a look at our page on business administration careers. There, we explain many of the professions that you can pursue with a business degree.

Business Administration Jobs

3 examples of jobs in the field of mergers and acquisitions

The diversity of the mergers and acquisitions sector is reflected in a number of exciting professional fields. Here is a closer look at three examples of professions:

M&A Analyst

Responsibilities: M&A analysts conduct market and company research, create financial models, and assist in company valuations. They work closely with teams preparing mergers or acquisitions and prepare reports and presentations for investors and decision-makers.

Special feature: This position offers the opportunity to work in a dynamic, analytical environment and to gain deep insights into strategic decisions at an early stage. The job is often the entry point into a career in investment banking or management consulting.

Post-Merger-Integration Manager

Responsibilities: These managers are responsible for planning and implementing the integration of two companies following a merger or acquisition. They coordinate teams, optimize processes and ensure that synergies are realized without disrupting ongoing operations.

Special feature: The focus on organizational change makes this position particularly exciting. It requires interdisciplinary knowledge in finance, strategy and corporate culture. Successful integration can ensure long-term success for companies, which makes this role crucial.

DID YOU KNOW?

After an MBS Bachelor's or Master's degree, you can also take up all these professions abroad without any problems.

FAQ

Is business law a business science degree program?

No, business law is not a purely economic course of study, but an interdisciplinary mixture of law and economics. The focus is on legal topics with an economic reference, whereby business and economic fundamentals are also taught. It is more legally oriented, but you also learn about economic interrelationships.

Is it difficult to study business law?

Whether or not studying business law is difficult depends mainly on your interests and abilities. It requires a good understanding of legal and economic interrelationships, as well as the ability to analyze complex issues. If you can work in a structured way and are enthusiastic about legal and economic topics, it is quite manageable.

How many manage to study business law?

Most people who start a business law degree manage to complete it, as it often offers a good mix of theory and practice. However, the exact proportion depends on the university and the individual motivation. With commitment and stamina, the chances are good.

How does the business law program work?

During your business law studies, you will learn the basics of law, such as civil law, commercial and corporate law, as well as economics topics such as business administration and economics. The program is usually divided into modules that include lectures, seminars and practical exercises. At the end, there are often exams, term papers and a bachelor's thesis. Internships or practical projects are often part of the program to apply the content.

What can I do with a degree in business law?

After studying business law, you will be a business lawyer. You are not a fully qualified lawyer, but you have specialized in legal and economic topics, which qualifies you for work in companies, law firms or as a consultant.

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Studienberater MBS: Uttamdeep Kaur, B.A.
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