Left to right: Ryan Hayes ’18, Associate of Fundraising at Apollo Global Management; Elyse Ausenbaugh, Global Investment Strategist at J.P. Morgan Private Bank; Philip J. DeAngelo, Managing Director of Focused Wealth Management and Vice Chair of the Mount Saint Mary College Board of Trustees; and Edward Sotelo from New Windsor, N.Y., a Business student at the Mount and moderator of the panel.
Mount Saint Mary College’s School of Business recently presented a panel discussion about the Finance field for students and current professionals.
The panel featured leaders from New York City and the Hudson Valley, including Elyse Ausenbaugh, Global Investment Strategist at J.P. Morgan Private Bank, whose expertise is regularly featured on news outlets like CNBC; Philip J. DeAngelo, Managing Director of Focused Wealth Management and Vice Chair of the Mount Saint Mary College Board of Trustees; and Ryan Hayes, a Mount alumnus (2018) and Associate of Fundraising at Apollo Global Management.
Michael L. Fox, acting Dean of the School of Business, associate professor of Business Law, and Pre-Law Advisor at the college, welcomed a packed audience. Earlier in the day, Ausenbaugh shared her expertise with several of Fox’s classes.
Scott Russell, associate professor of Sports Management, introduced the panelists, and Edward Sotelo from New Windsor, N.Y., a Business student at the Mount, moderated the panel.
The panelists agreed that success in the finance industry often requires employees to step out of their comfort zones. For example, in a move that would help to define her career, Ausenbaugh chose to focus on her company’s mass affluent client wealth management channel. Mass affluent clients are those who save more than they invest for their future, and their needs are different from very wealthy clients. The change proved beneficial to her career, Ausenbaugh noted, and she enjoys educating and empowering these clients.
For current students, the panelists said that internships are crucial for gaining experience and understanding different areas within finance, from careers in asset management to trading to client-facing roles.
In the same vein, DeAngelo noted that learning doesn’t stop once one earns their degree. He stressed the importance of continuous learning and humility in the ever-changing finance industry.
The panelists also emphasized the importance of learning from mistakes, asking questions, and networking as essential tools for career advancement.