James Shovein

Clinical Faculty, Finance

jashovein@stthomas.edu

(651) 962-5193

2115 Summit Ave
McNeely Hall 301
St. Paul, MN 55105

B.S., C.P.A., University of Northern Iowa
M.B.A., , University of Minnesota

See publications in UST Research Online

Jim Shovein' s professional activities include almost twenty years of industry experience; including Vice President of Finance at Best Buy and prior to that, as Vice President of Finance at Ecolab. Jim continues to actively consult with a number of Fortune 500 companies in the Twin Cities.

In 2012, he was awarded the Opus College of Business Julie Hays Teaching Award.

Fall 2017 Courses
Fall 2017 Courses
Crs - Sec Title Days Time Location
FINC 480 - 01 Strategic Finance M - W - - - - 1335 - 1510 MCH 116
Description of course Strategic Finance : CRN: 42899
Building on the finance theory learned in prior courses, this course focuses on financial strategies for a broad range of finance issues faced by corporations including capital budgeting, capital raising, optimal capital structure, dividend policy, and corporate restructuring and mergers and acquisitions. This is an applied, case-based course the students will be engaged in extensive case analysis, discussion, and presentations to develop and refine analytical skills. Prerequisites: FINC 324, MATH 109 or 111 or 113, and BETH 301, and CISC 200 or BUSN 202.
Schedule Details
Location Time Day(s)
FINC 480 - 02 Strategic Finance - - W - - - - 1730 - 2115 MCH 116
Description of course Strategic Finance : CRN: 43097
Building on the finance theory learned in prior courses, this course focuses on financial strategies for a broad range of finance issues faced by corporations including capital budgeting, capital raising, optimal capital structure, dividend policy, and corporate restructuring and mergers and acquisitions. This is an applied, case-based course the students will be engaged in extensive case analysis, discussion, and presentations to develop and refine analytical skills. Prerequisites: FINC 324, MATH 109 or 111 or 113, and BETH 301, and CISC 200 or BUSN 202.
Schedule Details
Location Time Day(s)
J-Term 2018 Courses
J-Term 2018 Courses
Crs - Sec Title Days Time Location
FINC 296 - 01 Personal Financial Planning - T - R - - - 1300 - 1600 MCH 115
Description of course Personal Financial Planning : CRN: 10219 2 Credit Hours
This course teaches essential money management skills that students will use throughout their lives. The four major topics covered include: 1) Managing student debt, 2) Understanding job offers and career compensation (benefits), 3) Budgeting and Planning, and 4) Building an investment portfolio (401(k's) and IRA's). Also, understanding how your core values and ethics play a significant role in how you manage your personal finances. The class will utilize budgeting, investing and planning tools to help simulate real life financial challenges and issues. Selected guest speakers from the benefits and personal financial planning sectors will supplement the class curriculum. This is a two credit class and requires no prerequisites.
Schedule Details
Location Time Day(s)
FINC 300 - 01 Finance for Non-Bus Majors - T W R F - - 0900 - 1200 MCH 115
Description of course Finance for Non-Bus Majors : CRN: 10208 4 Credit Hours
Introduction to the concepts of finance in analyzing decisions. Topics include how to determine the economic value of a company's investment projects, the value of financial securities, the cost of funds used to purchase assets, and the overall management of the firm's assets and liabilities. This course may not be used to meet any requirement for a business major. Not open to business majors. Prerequisite: Junior standing
Schedule Details
Location Time Day(s)
Spring 2018 Courses
Spring 2018 Courses
Crs - Sec Title Days Time Location
FINC 321 - 11 Financial Management M - - - - - - 1730 - 2115 MCH 234
Description of course Financial Management : CRN: 21834
An examination of the elements of the finance function of the organization as well as the financial analysis of decisions. Topics include working capital management, acquisition of capital, capital budgeting, cost of capital, theories of valuation, and present value. Prerequisites: ACCT 210, STAT 220 (or MATH 313 or STAT 314 for actuarial majors), ECON 251, 252, and Sophomore standing
Schedule Details
Location Time Day(s)
FINC 480 - 01 Strategic Finance M - W - - - - 1335 - 1510 MCH 114
Description of course Strategic Finance : CRN: 21847
Building on the finance theory learned in prior courses, this course focuses on financial strategies for a broad range of finance issues faced by corporations including capital budgeting, capital raising, optimal capital structure, dividend policy, and corporate restructuring and mergers and acquisitions. This is an applied, case-based course the students will be engaged in extensive case analysis, discussion, and presentations to develop and refine analytical skills. Prerequisites: FINC 324, MATH 109 or 111 or 113, and BETH 301, and CISC 200 or BUSN 202.
Schedule Details
Location Time Day(s)
FINC 701 - 201 Corporate Finance See Details * *
Description of course Corporate Finance : CRN: 21853
This course builds on the concepts learned in "Financial Management" and their application to financial strategies that create shareholders' wealth. It explores in depth the relationships of cost of capital, optimal capital structure, cash flows and residual income concepts in the valuation of firms. Related topics include corporate governance, mergers and acquisitions, leveraged buyouts, spin-offs, off-balance-sheet entities, dividend policy, stock repurchases, agency issues in corporate control and managerial incentive systems, use of derivatives as financial tools, and applications of option pricing theory to corporate valuation. -- Prerequisite: Standard core courses and FINC600
Schedule Details
Location Time Day(s)
-- - W - - - -
SCH 4211730-213031 Jan '18
SCH 4211730-213021 Feb '18
SCH 4211730-213014 Mar '18
SCH 4211730-213011 Apr '18
SCH 4211730-213002 May '18
Academic and Professional Positions
  • Clinical Instructor, University of St. Thomas, St. Paul / Minneapolis (2009 - present)
  • Instructor of Finance, University of St. Thomas, St. Paul / Minneapolis (2006 - 2009)
  • Vice President Finance, Best Buy, Richfield (2004 - 2005)
  • Instructor of Finance, University of St. Thomas, St. Paul / Minneapolis (1999 - 2004)
  • Vice President Finance, Ecolab, St. Paul (1993 - 1999)
  • Director, Pillsbury Operations Accounting, The Pillsbury Company, Minneapolis (1987 - 1993)
  • Teaching Assistant and Instructor, University of Minnesota, Minneapolis (1987 - 1989)
  • Senior Accountant, KPMG, Minneapolis (1982 - 1986)

Professional Memberships
  • Financial Executives International
  • Financial Management Association

Publications
  • Lundsten, L. L., Daugherty, M. S., Shovein, J. A., Sullivan, M. F., Beckmann, H., & Vang, D. O. (forthcoming). Why don't we just ask them - do finance practitioners read academic research??. (29)(3),

Books and Chapters

Research Interests
  • Corporate Finance
  • Corporate Management

Awards and Honors
  • Julie Hayes Teaching Award, Opus College of Business, 2012

Presentations