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 2018 Courses
Fall 2018 Courses
Crs - Sec Title Days Time Location
FINC 480 - 01 Strategic Finance - T - R - - - 1330 - 1510 MCH 116
Description of course Strategic Finance : CRN: 42944 4 Credit Hours
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 620 - 601 Financial Literacy in HC See Details * *
Description of course Financial Literacy in HC : CRN: 43128 1.5 Credit Hours
We will learn and apply the fundamental finance tools and concepts essential for a manager, with emphasis on the health care sector. Among the topics addressed are: value maximization and the finance model of the organization, evaluating financial results, the basics of time value of money, financial decision-making criteria, and budgeting basics. The course will provide an analytical framework that can be consistently applied to make financial decisions. Prerequisites: ACCT 603, and passing scores on the MBA Math examinations that cover statistics, economics, and Excel.
Schedule Details
Location Time Day(s)
SCH 4071300-170010 Nov '18
-- - - - - - -
SCH 4071300-170008 Dec '18
FINC 701 - 201 Corporate Finance See Details * *
Description of course Corporate Finance : CRN: 43070 3 Credit Hours
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. Prerequisites: OPMT 600, ACCT 601, GBEC 600 or GBEC 625, and FINC 600
Schedule Details
Location Time Day(s)
SCH 3021730-213005 Sep '18
-- - - - - - -
SCH 3021730-213026 Sep '18
SCH 3021730-213017 Oct '18
SCH 3021730-213007 Nov '18
SCH 3021730-213005 Dec '18
J-Term 2019 Courses
J-Term 2019 Courses
Crs - Sec Title Days Time Location
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: 10222 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 2019 Courses
Spring 2019 Courses
Crs - Sec Title Days Time Location
FINC 296 - 01 Personal Financial Planning M - - - - - - 1525 - 1700 MCH 108
Description of course Personal Financial Planning : CRN: 22421 2 Credit Hours
The subject matter of these courses will vary from year to year, but will not duplicate existing courses. Descriptions of these courses are available in the Searchable Class Schedule on Murphy Online, View Searchable Class Schedule
Schedule Details
Location Time Day(s)
FINC 321 - 06 Financial Management - T - R - - - 0800 - 0940 MCH 116
Description of course Financial Management : CRN: 22083 4 Credit Hours
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 - T - R - - - 0955 - 1135 MCH 116
Description of course Strategic Finance : CRN: 22099 4 Credit Hours
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 - T - R - - - 1330 - 1510 MCH 116
Description of course Strategic Finance : CRN: 22100 4 Credit Hours
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)
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