Dr. Kathleen Hevert is an Associate Professor of Finance, and the Division Chair at Babson College. Prior to joining Babson in 1993, Dr. Hevert was an assistant professor of finance at the Wallace E. Carroll School of Management at Boston College. She designs and delivers general and specialized courses at the graduate, undergraduate, and executive levels, and was selected by the Babson College F.W. Olin Graduate School of Business classes of 1997 and 2001 to receive the Thomas Kennedy Award for Teaching Excellence.

Professor Hevert specializes in long-term strategic capital investment decisions, and has a particular interest in the application of option pricing models to real-asset acquisition decisions. She also conducts research on the incentive effects created by employee stock ownership. Her research has been presented at numerous professional conferences, and has been published in Financial Management, The Journal of Portfolio Management, The Journal of Applied Corporate Finance,The Quarterly Review of Economics and Finance, and The Journal of Applied Economics. Executive education clients include General Electric, Pitney Bowes, Lucent Technologies, Olsten Health Services, Bay State Gas Company, and others. She also works with a variety of firms on related special projects.

Areas of expertise include: Finance, Corporate Finance, Corporate Valuation, Incentive Effects of Employee Ownership, Mergers and Acquisitions, and Real Options.