Following his graduation Ricci worked at the Ministry of Agriculture between 1907 and 1910. In March 1928 he was removed from his teaching post at the Italian universities due to his criticism of fascist economic policies. Then he left Italy and taught economics and statistics at
Cairo University, Egypt, from October 1929 to 1940. In September 1942 he began to teach at
Istanbul University, Turkey.{{cite journal|author1=Vedit İnal|issue=2 ==Death==