Priya Patel
TLDR:
- Peter Zangari, a retired financial executive, spoke to graduate students at Fordham University’s Gabelli School of Business about the role of artificial intelligence (AI) in finance.
- Zangari emphasized that while technical skills are important, it is crucial for students to understand how to apply AI tools to investment decisions.
- He cautioned against seeing AI as a substitute for human portfolio managers and highlighted the importance of understanding its limitations.
- Zangari also emphasized the value of having a strong interest in one’s work and being resourceful in the field of finance.
Veteran financial executive Peter Zangari recently spoke to graduate students at Fordham University’s Gabelli School of Business about the role of artificial intelligence (AI) in finance. Zangari, who retired in 2023 as the global head of research and product development at MSCI, shared insights on data analytics and AI-driven investment solutions.
During the talk, Zangari highlighted the importance of understanding how to apply AI tools to investment decisions rather than focusing solely on technical skills. He encouraged students to view AI as a partner, not a substitute for effective portfolio managers. He warned against the misconception that AI could accurately predict the future.
The students at the event expressed gratitude for the opportunity to learn from an industry professional. Zangari, who is an adjunct professor at Drew University and a member of Fordham’s President’s Council, emphasized the importance of access to alumni and industry professionals. He encouraged students to be self-motivated and resourceful in their careers. Zangari also reflected on how his experiences at Fordham taught him the value of working with people from diverse backgrounds.
The M.S. programs in business analytics and information technology offered by the Gabelli School’s Information, Technology, and Operations area have been successful in preparing graduates for careers at top companies such as Amazon, American Express, and Deloitte.
In conclusion, Zangari’s talk highlighted the importance of understanding the application of AI in finance, the limitations of AI, and the value of resourcefulness and self-motivation in the field. By emphasizing these points, Zangari provided valuable insights for graduate students pursuing careers in finance.
