Monday, May 21, 2018
“At every step there was always assistance from Rice. I never felt alone. I could always walk into a professor’s office and seek help and guidance. The people here really set you up for success.”
The cheerleader for Rice University and in particular its Department of Statistics (STAT) is Sathya Ramesh, 21, who recently earned a professional master’s degree in STAT and who, in the fall, will start a job as risk analysis researcher with the Federal Reserve Board in Washington, D.C. His M.S. follows the B.A.’s in STAT and mathematical economics he received last December at Rice.
When Ramesh arrived on campus in 2014, his academic and professional future was a blank. He contemplated economics but had no definite ideas about what major he wanted to pursue. A couple of STAT classes changed everything.
“I found something that really interested me and I was good at it,” Ramesh said. “The classes were small and personal, and the professors right away knew my name and cared about the students.”
In particular, he developed a close mentoring relationship with John Dobelman, professor in the practice of STAT. Together, they researched the efficiency of sports binary markets, concluding they were inefficient. “I don’t have to make an appointment with Dr. Dobelman. I just walk in and talk with him. Intellectually, we clicked.”
Ramesh has participated in three of the STAT department’s annual Eubank Conferences on Real World Markets. In 2015, he co-founded Simple Kicking Solutions, a company that uses data analytics to advise college football staffs.
He founded the Rice University Investment Club and served as its president. With the club he raised $1,200 in funding to participate in the 2016 Midwest Trading Competition held at the University of Chicago. He and his teammates placed first in the Algorithmic Sales and Trading category, and donated their $1,000 prize back to Rice.
Ramesh credits the mentoring Kathy Ensor, Noah G. Harding Professor of Statistics; Amelie Carlton, lecturer in economics; Vincent Kaminski, professor in the practice of energy management; and Vivek Sarkar, adjunct research professor computer science; and Dobelman with the team’s success.
“That was a thrill. We got to participate in simulated trading and network with a lot of interesting people,” he said.
In the summer of 2017, Ramesh worked as a derivatives trading intern with Group One Trading in Chicago. Earlier that year he worked as a judicial intern for the Texas Court of Appeals in Houston, and he had previous internships at Dimensional Fund Advisors in Austin and Captarget, an investment bank in San Diego.
This summer, before moving to Washington, D.C., Ramesh will work as a research assistant for the Center for Computational Finance and Economic Systems (CoFES) at Rice. Ensor, the director of CoFES, hired Ramesh when he asked about a summer job.
“That’s what I mean about Rice. Dedicated professors ready to support and encourage our activities. I owe my success to the faculty, support staff and fellow students who helped me grow as a student and as a person,” he said.
Patrick Kurp, Engineering Communications