Jay Ebben

Associate Professor, Entrepreneurship

jjebben@stthomas.edu

(651) 962-4118

Minneapolis Campus
1000 LaSalle Ave
Schulze Hall 335
Minneapolis, MN 55403

B.S., Industrial Engineering, Marquette University
M.B.A., Entrepreneurship/Marketing, University of Wisconsin - Madison
Ph.D., Strategy/Entrepreneurship, University of Wisconsin - Madison

See publications in UST Research Online

Jay Ebben, associate professor of entrepreneurship, has taught at the University of St. Thomas since 2002, and has been part of the Schulze School of Entrepreneurship since its inception in 2005. In addition to teaching courses on entrepreneurial finance, business development and small business management, he advises the Practicing Entrepreneurs group. Ebben won the inaugural Julie Hays Teaching Award in the Opus College of Business in 2010 and received a Fulbright Scholarship to teach in Ljubljana, Slovenia, in 2011. He also taught the Summer Economics Institute program in Ljubljana from 2012 to 2014. Ebben has started several businesses and has worked with entrepreneurs at many stages of business development. He earned his B.S. in industrial engineering from Marquette University and his M.B.A. and Ph.D. in entrepreneurship at the University of Wisconsin-Madison.

Fall 2016 Courses
Fall 2016 Courses
Crs - Sec Title Days Time Location
ENTR 200 - 02 Foundations of Entrepreneur - T - R - - - 1330 - 1510 SCH 420
Description of course Foundations of Entrepreneur : CRN: 42933
ENTR200 is a national award-winning course and is the first course in the Entrepreneurship Concentration sequence. Known across campus as the “Lemonade Stand” class, this course requires students to start a new business and reach revenue, and in this process begin the journey to becoming world-class problem solvers. This course is a combination of applied and theoretical dimensions of Entrepreneurship. In addition to starting a new business, students are exposed to theoretical concepts, including Opportunity Identification, Business Modeling, Industry Analysis, and New Venture Growth. This is a very dynamic course, mixing lecture, discussion, case study, guest speakers and introduction to the Hotwash Process. The course culminates in a competition with UST alumni judging the students’ quality of work and accomplishments. Prerequisite: sophomore standing, not open to seniors.
Schedule Details
Location Time Day(s)
ENTR 370 - 01 Entr/Financial Resource Mgt - T - R - - - 1525 - 1700 SCH 335
Description of course Entr/Financial Resource Mgt : CRN: 42938
As a required course in the Entrepreneurship Concentration, ENTR 370 is focused on financial analysis and strategy in new and growing firms. Course topics are introduced and reinforced through case study analysis, discussion, in-class activities, speakers, hot washes, and the development of a financial plan that students present to investors at the end of the semester. Students can expect to take away critical and highly-marketable skill sets around building and interpreting financial projections, valuing privately-held firms, structuring debt and equity deals, creating value through deal terms, and managing by the numbers. Prerequisites: ENTR 200, ACCT 210 and junior standing.
Schedule Details
Location Time Day(s)
J-Term 2017 Courses
J-Term 2017 Courses
Crs - Sec Title Days Time Location
Spring 2017 Courses
Spring 2017 Courses
Crs - Sec Title Days Time Location
ENTR 200 - 01 Foundations of Entrepreneur M - W - - - - 1525 - 1700 MCH 115
Description of course Foundations of Entrepreneur : CRN: 21938
ENTR200 is a national award-winning course and is the first course in the Entrepreneurship Concentration sequence. Known across campus as the “Lemonade Stand” class, this course requires students to start a new business and reach revenue, and in this process begin the journey to becoming world-class problem solvers. This course is a combination of applied and theoretical dimensions of Entrepreneurship. In addition to starting a new business, students are exposed to theoretical concepts, including Opportunity Identification, Business Modeling, Industry Analysis, and New Venture Growth. This is a very dynamic course, mixing lecture, discussion, case study, guest speakers and introduction to the Hotwash Process. The course culminates in a competition with UST alumni judging the students’ quality of work and accomplishments. Prerequisite: sophomore standing, not open to seniors.
Schedule Details
Location Time Day(s)
ENTR 260 - 01 Entrepreneurial Thinking M - W - - - - 1335 - 1510 MCH 115
Description of course Entrepreneurial Thinking : CRN: 22186
This course is designed as an introduction to the entrepreneurial mindset, and to the creative problem solving tools and critical thinking skills necessary to successfully pursue innovation and entrepreneurial success. The course is designed for non‐business majors and, as such, will cover a broad range of topics. Students will explore the issues that surround opportunity recognition, opportunity evaluation, creative problem solving, cash flow, and growth management of an entrepreneurial venture. The course will be primarily case‐based. This means that nearly all learning will take place through active participation in case analysis and class discussions. This style of learning has a number of advantages; it involves the study of dozens of real entrepreneurial ventures and problems, it emphasizes practical learning as well as theoretical concepts, it allows the student to develop their personal approach to the subject, and it builds kills as well as knowledge.
Schedule Details
Location Time Day(s)
ENTR 370 - 01 Entr/Financial Resource Mgt - T - R - - - 1330 - 1510 SCH 419
Description of course Entr/Financial Resource Mgt : CRN: 21942
As a required course in the Entrepreneurship Concentration, ENTR 370 is focused on financial analysis and strategy in new and growing firms. Course topics are introduced and reinforced through case study analysis, discussion, in-class activities, speakers, hot washes, and the development of a financial plan that students present to investors at the end of the semester. Students can expect to take away critical and highly-marketable skill sets around building and interpreting financial projections, valuing privately-held firms, structuring debt and equity deals, creating value through deal terms, and managing by the numbers. Prerequisites: ENTR 200, ACCT 210 and junior standing.
Schedule Details
Location Time Day(s)
Academic and Professional Positions
  • Associate Professor, University of St. Thomas, St. Paul / Minneapolis (2008 - present)
  • Instructor, U.S. Embassy/AMCHAM, Ljubljana (2012 - present)
  • Assistant Professor, University of St. Thomas, St. Paul / Minneapolis (2002 - 2008)
  • Instructor, University of Wisconsin - Madison, Madison (1998 - 2002)
  • Quality Engineer, Johnson Controls, Milwaukee (1996 - 1997)
  • Industrial Engineer, Videojet Systems International, Wood Dale (1994 - 1995)

Professional Memberships
  • NACRA - North American Case Research Association
  • USASBE - U.S. Association for Small Business & Entrepreneurship

Professional Service
  • Economic and Business Review,
  • House of Talents,
  • Journal of Business Venturing, Reviewer

Public Service
  • St. Stanislaus, Other

Publications
  • Ebben, J. J., & Johnson, A. C. (2015). Simply sport bikes case study. The CASE Journal, (11)(1), pp. 113-132
  • Ebben, J. J., & Johnson, A. C. (2014). Borealis software case study. Journal of Management Policy and Practice, (15)(4), pp. 118-126
  • Ebben, J. J., & Johnson, A. C. (2011). SP equity case study. Journal of Management Policy and Practice, (12)(3), pp. 91-107
  • Ebben, J. J., & Johnson, A. C. (2011). Cash conversion cycle management in small firms relationships with liquidity, invested capital, and firm performance. Journal of Small Business and Entrepreneurship, (24)(3), pp. 381-396
  • Ebben, J. J. (2009). Bootstrapping and the financial condition of small firms. International Journal of Entrepreneurial Behavior and Research, (15), pp. 346-363
  • Ebben, J. J. (2007). Decisions that impact small firm growth. Business Journal for Entrepreneurs Quarterly, (2007)(4), pp. 62-76
  • Ebben, J. J. (2007). Product offering, operational strategy, and performance of small firms. Journal of Small Business and Entrepreneurship, (20), pp. 244-255
  • Ebben, J. J., & Johnson, A. C. (2006). Bootstrapping in small firms: An empirical analysis of change over time. Journal of Business Venturing: Int'l. Entrepreneurship, New Bus. Devel. and Tech, (21), pp. 851-865
  • Johnson, A. C., Ebben, J. J., & Pricer, R. (2006). Organization strategy for successful firm performance. Journal of Applied Business and Economics, (6)(5), pp. 73-83
  • Ebben, J. J., & Johnson, A. C. (2005). Efficiency, flexibility, or both? Evidence linking strategy to performance in small firms. Strategic Management Journal, (26)(1249-1259),
  • Johnson, A. C., & Ebben, J. J. (2004). Fluent Systems, LLC case A: Concept to market by leveraging university resources. Case Research Journal,

Books and Chapters

Research Interests
  • Entrepreneurship Strategy

Awards and Honors
  • Best Teaching Case Award, USASBE USASBE - U.S. Association of Small Business Entrepreneurs, 2012
  • Fulbright Scholar Award, Slovenia, 2011
  • International Journal of Entrepreneurial Behavior & Research, 2009
  • Julie Hays Teaching Award, 2010
  • Special Recognition in Entrepreneurship Education Innovation Award, USASBE - U.S. Association of Small Business Entrepreneurs, 2013

Presentations
  • "ReconRobotics case study" USASBE - USA Small Business Entrepreneurship Conference, Tampa, Florida, January 01, 2015
  • "Amcom software case study" USASBE - USA Small Business Entrepreneurship Conference, Fort Worth, Texas, January 01, 2014
  • "The lemonade stand class" USASBE - USA Small Business Entrepreneurship Conference, San Francisco, California, January 01, 2013
  • "Automotion case study" USASBE - USA Small Business Entrepreneurship Conference, San Francisco, California, January 01, 2013
  • "From bags to riches case study" USASBE -Special Recognition in Entrepreneurship Education, San Francisco, California, January 01, 2013
  • "Simply sport bikes case study" USASBE - USA Small Business Entrepreneurship Conference, New Orleans, Louisana, January 01, 2013
  • "Simply sport bikes case study" USASBE - U.S.A. Small Business Entrepreneurship, New Orleans, LA, January 01, 2012
  • "Strategic planning for raising capital" Ljubljana Technology Park, Ljubljana, Slovenia, May 01, 2011
  • "SP equity case study" USASBE - U.S.A. Small Business Entrepreneurship, Hilton Head, South Carolina, January 01, 2011
  • "Creating a climate for entrepreneurship and economic development" International Conference on Strategic Management, Chengdu, China, January 01, 2007
  • "Decisions that impact firm growth" Strategic Management, Chengdu, China, January 01, 2007
  • "Integrating early stage entrepreneur, peer-to-peer roundtables into your programming" USASBE - U.S.A. Small Business %26 Entrepreneurship, Dallas, Texas, January 01, 2004
  • "A proposed model for incubating platform technologies to maximize economic returns" International Venture Symposium, Korea, Korea, January 01, 2000