In 2014, Ryan registered in the Statistics Ph.D. program at UC Berkeley. His research study concentrated on random procedures that display crashes or waterfalls or contagion. Ryan believes that economics lacks excellent designs to describe monetary panics, which new mathematical designs may have the ability to supply insight. Ryan finished his Ph.D. candidacy exam in 2018, when he gave a workshop lecture on the Hawkes procedure. This is a process with discrete occasions (for instance, "earthquakes") which incorporates feedback cycles so subsequent events (for example, "aftershocks") become more most likely soon after an occasion happens. His research likewise concentrated on high dimensional stats and random matrix designs, with applications to financial portfolio building and construction. Ryan's consultant was Steven Evans, who specializes on probability and stochastic processes and he likewise dealt with Lisa Goldberg, the head of the Consortium for Data Analytics in Risk.