In the face of an ever-evolving global economy, the next generation of leaders must cultivate the skills to master complicated financial markets, gain insights into real-time economic conditions, and leverage innovative financial tools. This transformation is at the forefront by Woxsen University as it is ranked 3rd in India and 6th in Asia-pacific by Bloomberg’s 2024 B-Schools World Ranking. At Woxsen, this change is empowered by a blend of advanced technology and education system that sets the students to face the ever-changing, data-driven world economy.
Woxsen’s novel initiative places a high focus on the state-of-the-art Bloomberg Finance Lab, one of the best of its kind in South Asia. The Bloomberg Lab is, however, so much more than a place to visit some cutting-edge technology; it is a pillar of Internationalisation, Research, Corporate Alignment, and Talent of the future for the university. Woxsen students get global exposure by working on tools and platforms implemented by the world top financial institutions. To foster hands-on experience, the Bloomberg Finance Lab provides students the opportunity to:
a. Follow the real-time market changes, identify business opportunities and new risks;
b. Simulated Investment Portfolios: Have the capability of simulating investment strategies with live, real-world data
c. Corporate and Economic Data Analysis: Predict corporate performance, global movement of economic trends, and make data-driven decision in real-time.
These tools provide students with the practical edge required to be successful in a competitive global environment..
At Woxsen, Bloomberg Terminals are an integral part of the learning and not just an additional piece of the curriculum. Whether in a financial services course where students monitor equity trends in real time or in a corporate finance course appraising capital structure: the real-time data from Bloomberg offers students a completely embedded way to interact with the material. Corporate Alignment is the concept which guarantees that students do not just learn theories but actually learn practical-oriented and jobs-oriented skills. A unique feature of Woxsen’s approach is the mandatory use of Bloomberg for all forms of assessments, including project work, case studies, and financial analysis, ensuring that students master real-world financial tools and techniques. Along with this training, the students, gain internationally recognized certificates (like Bloomberg Market Concepts (BMC)) as credentials which they can flaunt on their CV to attract future employers looking for competent finance candidates. Woxsen’s engagement with Bloomberg is not just as a classroom interaction. Bloomberg provides academics and students with empirical answers to questions such as where to excel in research on the dynamics of trade around the globe, innovations in financial technologies, or measurement of ESG outcomes.
Established with a vision to impart education through experiential learning, Woxsen University promotes practicum-based learning where students apply learnings from the classroom to real-world problems. We are not just talking theoretically, but Bloomberg Finance Lab provides us a lot of practical tools that we can use:
a. Active Learning: Encourages classroom activity that compels students to put their theory into practice on real world issues. For instance, how global events affect global financial markets.
b. Collaboration: By providing students with access to Bloomberg-hosted competitions and simulations, it allows students to collaborate with their peers while showcasing the financial literacy gained through the use of the service. It promotes team-work, preparation and fast decision making.
c. Multidisciplinary Education: The Bloomberg platform offers more than just financial education. This impacts a number of programmes such as data science, sustainability and public policy. Such diversity empowers students to excel in different disciplines and is yet another way in which Woxsen’s Entrepreneurship Pillar resonates with all students.
Bloomberg has become a tool that no one can function without in the financial field as its impact stretches across the entire financial spectrum including Portfolio Management, Equity Research, Valuation, Investment Banking, Capital Markets, Trading, Bonds, Currencies & Commodities. Bloomberg gives you access to their real-time data, advanced analytics and strong research capabilities to help you make decisions and drive your strategy in these key areas. Hence, Woxsen University integrated this advanced technology with the current curriculum to provide students practical learning in industry relevant applications. Woxsen not only prepares students to be academics-ready but industry-ready as well by mimicking real world situations such as thorough equities research, complex portfolio management, and market trading thus making them cognizant of the know-how they need to exist in a dynamic global financial environment.
The advanced research conducted by Woxsen fits the ERS (Ethics, Responsibility, Sustainability) Pillar of the university, which is supported by Bloomberg. Bloomberg is employed by students and faculty to research the effect of ESG metrics on market performance, trends in Fintech and flow of global trade. The recurring research projects help cement the university’s business thought leadership, while also giving valuable takeaways to industry leaders and policy makers.
Bloomberg is now a part of Woxsen University, but this addition is in line with the more extensive vision of the institution, which is to equip students with tools, skill sets, and know-how to lead in an evolving world. The Bloomberg Finance Lab is not only a resource, but a key aspect of Woxsen’s dedication to Internationalisation, Corporate Alignment, Research, Entrepreneurship, and ERS. Continuing its journey of creating the next wave of leaders, Woxsen held true to its commitment towards skill-centricity, employability and academic excellence. By bringing in state-of-the-art resources and interdisciplinary learning, Woxsen is producing
innovative-minded students who can thrive on change and even initiate change. Woxsen ensuring that its students not only compete in a global economy with an unprecedented pace of change but also lead responsibly into the future is exemplified through the Bloomberg Finance Lab.
Author:
Prof. Donkor Nawaah
Assistant Professor & Program Director-BBA, School of Business