Wall Street State of Mind

International student brings global curiosities to PLU, lands job at leading investment firm

Wall Street State of Mind

Wall Street State of Mind 1024 532 Kari Plog '11 and Karen Miller
A badge that reads Data Analyst, Pape Samba '18, MSF

A younger Pape Samba ’18 watched movies and news stories from his home in Senegal and became fascinated with the global economy.

He saw how different the images of the industrialized nations were compared to the developing ones he grew up in, and started wondering how people create financial wealth.

“What is wrong here?” he recalled thinking. “Why not Africa? Why not other nations?”

That initial curiosity, combined with his desire to study abroad after high school, eventually landed Samba in the Master of Science in Finance graduate program at Pacific Lutheran University.

“I felt like this could be home,” he said of PLU. “The end goal for me was to get to university.”

Now, Samba works at the center of the industrialization he grew up pondering.

He is a data analyst for the Wall Street firm BlackRock. The corporation — the world’s largest asset manager with more than $6 trillion in assets under management — is based in New York City and runs a Seattle office that recently expanded.

“This is a very new program they are creating in BlackRock,” Samba said, adding that his team focuses on technology and business operations. He analyzes market data and resolves security-modeling issues critical to the investment-decision process.

BlackRock approached PLU, along with other programs statewide, when it started a recent recruiting push. Samba was chosen as one of three candidates in the state, and one of only 15 nationwide — out of a total pool of more than 600 candidates.

“I felt very happy and proud that I was considered one of those 15,” he said. “I don’t know if I deserve it more than others, but I certainly felt very happy that I was chosen.”

Samba’s journey toward a career in American finance started at Tacoma Community College. He first learned about the school through research at the American Corners arm in Gambia, another West African country he lived in for a short time. American Corners are American-style resource centers that provide free access to information about the United States.

Before discovering the reference book on community colleges and universities in the U.S. that pointed him to the Pacific Northwest, Samba never planned on studying here, let alone transferring to a private university to finish what he started at TCC. He earned an undergraduate degree in business administration, with an emphasis in finance, in 2016 before taking a gap year to gain industry experience.

“I never imagined that,” he said. “Since I did my entire pre-college education in the French language, I could not see myself finishing my studies in a different language.”

Cynthia Riley DeHope, director of the MSF at PLU, said the 10-month program caters to students from diverse backgrounds. Students need quantitative abilities, a desire to study finance and, above all, a “willingness and ability to learn.” Other than that, anyone from any undergraduate background may be considered. Some students have even made the leap from studying music, DeHope noted.

“Students can transfer from any major,” she said. “(Non-business majors) have been some of the most successful students.”

Samba’s interest narrowed from economics to finance when he realized he wanted to study something more specialized. “I think I was set and ready to study finance ever since I came to the U.S.,” he said.

“I think I was set and ready to study finance ever since I came to the U.S.”

PLU provided him a “clear understanding” of asset and security management, he said, the perfect preparation for his role at BlackRock. Hands-on experience managing a designated financial portfolio — the Gary Baughn MSF Student Investment Fund — was valuable experience, Samba said. He was an analyst in charge of some of the holdings for the fund and met weekly with others in the class to discuss buy and sell orders, before bringing recommendations to the larger group for a vote.

The the Gary Baughn MSF Student Investment Fund is a student-run, six-figure investment fund managed by graduate students in the program. Students elect officers, conduct research, present research to the group, then decide what changes to make to their investments. A designated faculty member then inputs the trades.

“It provided a good foundation to understand how the market works,” Samba said.

More generally, PLU’s program provided a foundation for success in the industry.

“I believe the support and resources available here will set any student up for success and I can testify for it,” Samba said. “Beyond faculty support and resources available, PLU provided endless opportunities to network with industry professionals in the area.”

DeHope says another advantage of the PLU program is its relationship with the CFA Institute, the global association for investment management professionals. Earning the CFA credential is notoriously difficult. The rigor of PLU’s program equips students to tackle the first and second levels of the multi-tiered exam.

DeHope stressed the MSF is not a prep program for CFA certification, though the program does award scholarships to students to help them pay to take the Level I and II exams.

Samba hasn’t taken the test yet, but plans to as he continues to advance his career. He also plans to bring what he’s learning back home to Senegal at some point. His capstone research was a good start, too; the project focused on the benefit of investing in African frontier markets as opposed to more advanced emerging markets.

“I’m living the American dream right now,” Samba said. “I want to share knowledge, experiences, guidance.”

He considers both places his home now, and his home is likely to expand. He already has family studying around the world, including cousins in Quebec, Canada, and a brother in France.

“I am a citizen of the world,” he said. “I want to live everywhere.”

No matter where his journey takes him next, Samba will bring his expertise along with him.

“I love what I do — learning about finance every single day,” he said. “Curiosity gets you in places you never could imagine.”

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Kari Plog '11 and Karen Miller

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