James Shovein

Clinical Faculty, Finance

jashovein@stthomas.edu

(651) 962-5193

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

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

See publications in UST Research Online

James Shovein's professional activities in recent years have included consulting projects with a number of Fortune 500 companies in the Twin Cities, which focus on the ability of corporate finance to help create shareholder value.

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

Fall 2014 Courses
Fall 2014 Courses
Crs - Sec Title Days Time Location
FINC 321 - 02 Financial Management M - W - F - - 0935 - 1040 MCH 236
Description of course Financial Management : CRN: 42709
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, ACCT 215, STAT 220 (MATH 313 or STAT 314 for actuarial majors), ECON 251, 252, and junior standing.

Schedule Details

Location Time Day(s)
FINC 321 - 11 Financial Management - T - R - - - 1330 - 1510 MCH 108
Description of course Financial Management : CRN: 43439
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, ACCT 215 (or ACSC 320 for actuarial majors), STAT 220 (MATH 313 or STAT 314 for actuarial majors), ECON 251, 252, and junior standing.

Schedule Details

Location Time Day(s)
FINC 480 - 01 Strategic Finance M - W - - - - 1335 - 1510 MCH 114
Description of course Strategic Finance : CRN: 42726
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

Schedule Details

Location Time Day(s)
FINC 705 - 710 Business Valuation Risk Mgmt - T - R - - - 0900 - 1050 SCH 407
Description of course Business Valuation Risk Mgmt : CRN: 42734
This course provides a framework for students to understand the components of business valuation and to identify, assess, and manage the kinds of risk that a business faces in today's environment. Topics include the weighted average cost of capital, capital structure theory, business valuation, working capital management, and management of financial risk through contracts, such as derivatives. The course will use computer-based financial-modeling and forecasting.

Schedule Details

Location Time Day(s)
J-Term 2015 Courses
J-Term 2015 Courses
Crs - Sec Title Days Time Location
FINC 300 - 01 Finance for Non-Bus Majors M T W R - - - 0900 - 1200 MCH 116
Description of course Finance for Non-Bus Majors : CRN: 10178
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 2015 Courses
Spring 2015 Courses
Crs - Sec Title Days Time Location
FINC 321 - 01 Financial Management M - W - - - - 0915 - 1055 SCH 302
Description of course Financial Management : CRN: 21967
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, ACCT 215, STAT 220 (MATH 313 or STAT 314 for actuarial majors), ECON 251, 252, and junior standing.

Schedule Details

Location Time Day(s)
FINC 321 - 08 Financial Management - T - R - - - 1525 - 1700 MCH 114
Description of course Financial Management : CRN: 21974
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, ACCT 215, STAT 220 (MATH 313 or STAT 314 for actuarial majors), ECON 251, 252, and junior standing.

Schedule Details

Location Time Day(s)
FINC 321 - 09 Financial Management - T - - - - - 1730 - 2115 MCH 114
Description of course Financial Management : CRN: 21975
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, ACCT 215, STAT 220 (MATH 313 or STAT 314 for actuarial majors), ECON 251, 252, and junior standing.

Schedule Details

Location Time Day(s)
FINC 701 - 201 Corporate Finance See Details * *
Description of course Corporate Finance : CRN: 22131
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)
SCH 3151730-213011 Feb '15
SCH 3151730-213004 Mar '15
SCH 3151730-213025 Mar '15
SCH 3151730-213022 Apr '15
SCH 3151730-213013 May '15
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 Institutional North America, Ecolab, St. Paul (1993 - 1999)
  • Vice President Business Development, Ecolab, St. Paul (1995 - 1996)
  • Vice President Corporate Planning & Analysis, Ecolab, St. Paul (1993 - 1995)
  • 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??. Humanomics, (29)(3),

Books and Chapters

Research Interests
  • Corporate Finance
  • Corporate Management

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

Presentations