Ken E. Anadu M’10
What Attracted Me to the Finance/Investments Sector
I started with an engineering degree at Northeastern University, where I quickly realized that programming wasn’t for me. Post-undergraduate degree, I held a few back-office roles and slowly realized that I wanted to be the one analyzing the securities, industry trends, and/or portfolio risks versus processing the transactions. I started networking extensively, reading The Wall Street Journal daily, and paying more attention to the financial industry. In 2008, amid the global financial meltdown, I decided to pursue an MBA to strengthen my understanding of how financial markets work and also to get some hands-on investment experience (enter Babson College Fund!).
How the Finance Division/Cutler Center Helped Me Achieve My Goals
I can’t say enough about the Babson College Fund (BCF) and the Cutler Center’s finance and investment management-related resources. When I was researching MBA programs in 2008, I specifically sought out one with a student-run investment fund and well-regarded finance program, including an investment center. I did my homework (including talking to a few BCF alumni and the former program director) and decided to come to Babson. I enjoyed every moment of the 12-month program. It enabled me to utilize my aptitude for quantitative analysis in the context of valuing stocks, portfolio asset allocation, and performance attribution. In addition to learning through the program how to value securities using various valuation methodologies and writing a buy-side report, I was able to enhance my knowledge of investment management software, such as Bloomberg and Capital IQ, which are all available at the Cutler Center.
What You Need to Know about Babson
When I tell friends and colleagues that I attended Babson for graduate school, most assume I have or intend to start a small business, as Babson is well known for entrepreneurship. The one thing that isn’t as well known (in my opinion, though that is gradually changing) is how robust Babson’s investment management and finance program is. The Cutler Center has state-of-the-art financial software and staff, the BCF provides excellent hands-on investment management experience, and the professors are excellent. Most are former or current industry participants who are preaching what they practiced.
My Proudest Moment in Business
I don’t have a business per se, but one of my proudest movements was when The Stability of Prime Money Market Mutual Funds: Sponsor Support from 2007 to 2011, a paper which I co-authored with some colleagues at the Boston Fed, got published in August 2012.