Ryan Elantri recently graduated from The Pennsylvania State University, and is now looking to build the foundation for a successful career in the financial services sector. A student of economics and member of such organizations as the Penn State Finance Society and the Penn State Investment Association, Ryan Elantri has come to understand the primary principles and function of investment banking; knowledge and insight he promises to employ throughout his career.
Investment banking, as Ryan Elantri knows, changed somewhat drastically following the financial crisis of 2008, though most of the areas in which it has long operated and thrived as an industry continue to persist. Some of the primary areas of investment banking include:
- Retail and Commercial Banking
- Security Underwriting and Raising Capital
- Equity Research and Sales and Trading
- Mergers and Acquisitions
A promising young professional, Ryan Elantri once held leadership roles within the Penn State Economics Association. He also once served as a Summer Analyst with BoardRoom Limited (China, 2015).
During the Summer of 2014, Ryan Elantri worked as an Associate at Roche Brothers, Inc., a grocery retailer located in Bridgewater, Massachusetts. As Roche Brothers Associate, Ryan Elantri managed the daytime produce department team in order to ensure smooth operation. He was also responsible for facilitating the training of six part-time Roche Brothers employees prior to the store’s orientation process.
Ryan Elantri, part of Pennsylvania State University’s Class of 2017, is a young professional with diverse financial experience. He was given the opportunityalong with forty other students to participate in a Wall Street Boot Camp and has worked abroad in Shanghai, China.
While planning for a career in international business and finance, Ryan Elantri has had time to examine his financial status and begin building personal wealth.
If you, too, would like to build personal wealth and re-think your financial status, a budget is the perfect place to begin. Making a budget with modern tools is easy. Following one, though, can be challenging. Tips like the ones below will make it easier to stick to your numbers:
If you have the option to deviate from your budget, you’re more likely to overspend. Make impulse buys more difficult with tactics like leaving credit cards at home, setting spending limits on your checking accounts or paying for goods in cash.
Whatever you must do to remove your overspending options, do it. Do not, however, lock your finances so tightly that you can’t weather emergencies when they arise.
Think Big Picture
Following a budget isn’t always fun. Whether you’re in debt or simply working to save money, it helps to remember the big picture.
Are you working toward early retirement? Buying a home? Starting a business? Keep your future goals at the forefront of your mind every time you spend.
If you’re inspired by young finance students like Ryan Elantri and want to take control of your wealth, start today. Following a budget is the first step on a long and rewarding path.
In 2015, Ryan Elantri was selected from a pool of four hundred applicants to be part of a forty-student cohort that took part in a Wall Street Boot Camp at Penn State University. He attended sessions on a number of topics, including investment banking, securities and wealth management. The latter is of particular interest to high earners who wish to protect their finances.
If you are in this position, consider the following before deciding on a wealth management firm.
Don’t Focus Solely On Cost
While it is important to consider your own budget when selecting a firm, focusing solely or primarily on the cost you will incur may prevent you from seeing the benefits that more expensive firms can offer. While cost should be a factor, you need to dig a little deeper to find out what the firm will do with your money and if a higher cost will pay off later on.
Before you sit down to speak to any wealth management professionals you should do your due diligence to verify their credentials and ensure they can offer the services they promise to you. Furthermore, it is important to establish at the interview stage if the person you are speaking to will be the one handling your account or if it will be passed to somebody else once you sign up with the firm.
No decisions should be made on impulse. Assuming your due diligence checks out, you should also seek referrals from people you trust to find out more about the candidate’s work style.
Ryan Elantri is developing his skills in wealth management through his studies at The Pennsylvania State University.
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Ryan Elantri is currently pursuing his Bachelor of Science in Economics at The Pennsylvania State University and plans to enter the finance sector upon completing his degree.
To support his efforts, he has already started building a résumé that covers everything from managing hedge funds to investment banking. Success in the latter is often hard to come by, so keep this advice in mind to get a head start.
Networking is an important tool in the arsenal of all financial professionals, so you should make an effort to build as many connections as you can. Speak to people who have experience in investment banking and absorb the advice they provide. Make your intentions to enter the profession clear and work on maintaining the relationships you form with the aim of creating opportunities.
Investment bankers, particularly those new to the industry, will often be expected to be flexible with their time, which usually means working very long hours. A lot of the number-crunching and analysis takes place at the early stages of a professional’s career, and proving you have the stamina to do it without complaining or burning out can be a big step in the right direction.
There is some truth to the idea that others will remember you more for your mistakes than your successes. One little error can set you back tremendously in your efforts, so try to avoid mistakes wherever possible by always paying attention to details.
Ryan Elantri is a student at The Pennsylvania State University. Follow Ryan Elantri on Below Social Media Profiles:
Ryan Elantri was introduced to Mandarin Chinese when he was in the third grade, and Ryan Elantri has been developing his skills in the language ever since. Ryan Elantri is now studying the subject at The Pennsylvania State University, majoring in it alongside Economics. The language offers a number of challenges to those who are accustomed to speaking English, so keep these pointers in mind to help your studies.
Traditional or Simplified?
Mandarin writing is split into traditional and simplified characters, so you must understand your own goals for learning the language before deciding which to focus on. The simplified system was introduced into China in the 1950s and 1960s, and is now the predominant form of the language in the country. However, traditional Mandarin writing is still used extensively in places like Hong Kong and Taiwan.
Invest Time Into The Basics
Investing your time into learning the basics of any language is important, but Mandarin will be completely alien to those who have spoken English their entire lives, which means there is rarely correlation between the two. This makes learning the basics even more crucial, because you will essentially be re-wiring the way your brain thinks while learning the language.
Practice Your Skills
According to Ryan Elantri, the best way to practice your developing Mandarin skills is to speak with native speakers or more advanced learners, there are a number of things you can do in your own time to move things along. Watch Chinese television shows and check out Chinese webpages to build your vocabulary and practice your reading.
Ryan Elantri is a student at The Pennsylvania State University and worked as an MA Associate for Roche Brothers, Inc. during the summer of 2014.
Follow Ryan Elantri on Facebook: https://www.facebook.com/ryan.elantri
In August 2015, Ryan Elantri worked as a China Summer Analyst at BoardRoom Limited Shanghai, where he was assigned the task of leading an English training workshop in Mandarin Chinese and English that was attended by over thirty staff members.
Managing a language workshop presents a number of challenges, so keep the following advice in mind.
Learn About Your Students
Before you can start teaching your students you need to learn more about them. Consider their social, economic and educational backgrounds so you can get a better idea of how difficult it will be for them to pick up a new language. Doing this will also allow you to build relationships with your students, making them more likely to trust you.
Make Sessions Varied
To get a true grasp of a second language, your students will need to practice all of the fundamentals daily. Your workshop should incorporate speaking, reading, writing and listening by offering an array of tasks that covers these four fundamental areas while also offering enough variety to keep students engaged and to account for varying learning styles.
Use Your Resources
You should have a number of resources at your disposal as a language tutor, including people who have more experience, visual aids that can be used in class and even movies and music. All of these toolscan be used to help you make sessions more useful to students, so consider how you can apply what you learn and what you have at your disposal for your workshops.
Ryan Elantri is a student at The Pennsylvania State University and has led a language workshop.
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