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.

Summer 2015 Courses
Summer 2015 Courses
Crs - Sec Title Days Time Location
FINC 321 - 01 Financial Management - T - R - - - 0800 - 1100 MCH 116
Description of course Financial Management : CRN: 30090
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)
Fall 2015 Courses
Fall 2015 Courses
Crs - Sec Title Days Time Location
FINC 321 - 01 Financial Management M - W - - - - 0915 - 1055 SCH 301
Description of course Financial Management : CRN: 42926
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: 42945
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 701 - 201 Corporate Finance - T - - - - - 1800 - 2100 SCH 301
Description of course Corporate Finance : CRN: 42950
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)
FINC 705 - 711 Business Valuation Risk Mgmt - T - R - - - 0900 - 1050 SCH 407
Description of course Business Valuation Risk Mgmt : CRN: 42951
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 2016 Courses
J-Term 2016 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: 10195
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)
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 (1996 - 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??. (29)(3),

Books and Chapters

Research Interests
  • Corporate Finance
  • Corporate Management

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

Presentations
  • "Aquinas Scholars" University Seminar, Minneapolis, Minnesota, November 01, 2014
  • "Class engagement" OCB Teaching Committee Brown Bag Session, March 01, 2013
  • "Best practices for grading" OCB Teaching Seminar, Minneapolis, MN, November 01, 2012
  • "Best practices for grading" OCB Teaching Seminar, Minneapolis, MN, September 01, 2011