Dr. Loren Koepsell
Degrees: Ed.D. University of South Dakota MBA, University of South Dakota B.A., Augustana University B.S., National American University
Courses taught: Principles of Finance, Advanced Finance, International Finance, Investments, Strategic Management, Principles of Accounting, Personal Finance, and Organizational Behavior
Business Experience: Dr. Koepsell began his career in the information technology (IT) field and held technical and management positions at EROS and Augustana. During his time as a practitioner he also taught computer courses – initially at NAU and ultimately at Augustana. While at Augustana he transitioned into finance and accounting and spent time as Augustana’s Director of Institutional Research, Budget Director, and Vice President of Finance and Administration. In 2007 Professor Koepsell left Augustana and spent the next seven years in CFO and COO positions for Lloyd Companies, a Sioux Falls-based real estate development, construction, and management company. During that time he taught business courses for DSU and ultimately returned to Augustana to teach business and accounting courses full-time, with an emphasis in finance. Dr. Koepsell continues to remain active in private practice specializing in valuing companies and assisting clients with financing major acquisitions and expansions.
Interests: Dr. Koepsell’s professional interests fall in the area of business valuation. While he spends significant time valuing organizations, or subsidiaries within organizations, his real passion lies in helping companies increase value. Professor Koepsell is a licensed real estate broker associate and remains active in this area both as a practitioner and trainer.
Boards/Associations: Professor Koepsell remains current and active by serving on the board/committees for a number of state and local organizations including:
- Sioux Falls Chamber of Commerce Budget and Finance Committee – this committee is responsible for reviewing the organization’s finances and recommending the annual budgets.
- Dakota Business Finance (DBF) Board of Directors – this organization works with local businesses and lending institutions and assists them in obtaining Small Business Administration (SBA) loans.
- South Dakota Works Board – this organization is under the state’s office of economic development (GOED) and serves to offer business/commercial loans to businesses needing working capital.
- Gage Bros Concrete Products, Inc. Board of Directors – Gage Bros is a 100+ year old, employee-owned Sioux Falls company.
Advice for business students: When I first attended college I spent all my time concentrating on the courses in my major. I felt the other courses were simply a distraction from what I wanted to accomplish. As I have advanced in my profession I have found that the major courses were what got me my first job, but it is all these distractions that have really allowed me to advance in my career. Take advantage of all the educational diversity that college has to offer.