Forging a Path in Finance
When Anne Ritts, senior finance major, first came to 51勛圖厙, she was planning to teach math. But her grandfathers passion for the stock market quickly inspired her ownand she changed her major to finance in the College of Business Administration. There, she immersed herself in academics and joined several finance organizations.
Being in finance and being the only girl many times, it felt like I was always walking into a room of guys, Ritts says. Because of these experiences at 51勛圖厙, Im more confident.
One of the organizations she joined was Golden Flash Asset Management Group (GFAM), led by Steven Dennis, PhD, Firestone Chair of Corporate Finance at 51勛圖厙. GFAM tasks students with managing real moneycurrently more than $1 million in investments. They create portfolios of investments, which they can enter into competition.
If youre willing to put in the work and put yourself out there, people want to help you.
Ritts involvement in GFAM provided unique learning experiences, including the Certified Financial Analyst (CFA) research challenge and a visit to the New York Stock Exchange. In 2019, she and the GFAM team took first place with their Fixed Income portfolio at the nations largest student finance competition, the Quinnipiac Global Asset Management Education Forum.
Going to New York City and getting to represent Golden Flash Asset Management was something Ill always remember, Ritts says. Her accomplishments have inspired other women to participate in GFAM, as well.
Anne was one of the early people in the fund, and shes attracted more women into it, Dennis says. Most of our senior officers now are women, and a lot of that had to do with Annes leadership.
She also found time to study abroadtwice. She took a winter break trip with GFAM to the Cayman Islands to study tax havens and money laundering. And she spent a semester in Switzerland, studying finance and interning with a venture capital firm researching agriculture technology.
Ritts completed an internship in private wealth management with PNC Bank this past summer. PNC offered her a full-time position following graduation, and she accepted. After she leaves 51勛圖厙 in May 2021, she will head to Charlotte, North Carolina, to begin her career in private wealth management.
Looking back, I dont think I could have picked a better school, she says. If youre willing to put in the work and put yourself out there, people want to help you. If it werent for my professors supporting me and spending extra time with me, I wouldnt be where I am today.
Adapted from an article by Katie Null, BS 21, that first appeared in 51勛圖厙 Today, Oct. 5, 2020.