Most of us want to gain better knowledge than our peers at the business schools or at the workplace, irrespective of where you get that knowledge from. But what is the use, if that knowledge is just temporary, shallow or narrowed down, or outdated and doesn’t make you understand the concepts in detail and you don’t know how to apply it in real life? Knowledge of financial markets depends on many things like the theoretical concepts, latest research articles, up-to-date news in the said segment, results of companies, future outlook by economists, analysts, various government and private agencies towards the particular sector or on the economy as a whole and the list goes on!
Getting your hands on all these data can always be demanding as there cannot be one source to accumulate this data other than Bloomberg. Users of Bloomberg are addicted to the platform for every small or big financial data need for their research for a slew of reasons. Bloomberg gets you Real-time data; second by second, consummate news the moment it is out and in-depth study tools, foremost analytics, communications gears, and first-rate implementation capabilities.
As students of finance, there is a great blessing that is readily available for all colleges and institutions. Bloomberg is empowering Business Schools around the world to leverage the knowledge that is available on its platform to bring the actual domains of business and finance into the teaching space, by providing students with continuous access to the same information platform used by leading analysts, portfolio managers from different segments, research agencies, government and also to students. People who are employed in the stock markets, currency markets money markets across the globe, etc., bank heavily on Bloomberg for sensitive data that can impact their investment decisions. Bloomberg also connects everyone using the platform to an unparalleled level of statistics, analysis, and focused acumen. Bloomberg also offers several programs precisely intended for business schools and colleges, such as the Bloomberg Aptitude Test commonly known as BAT. And whosoever does well in the BAT have an edge over others in terms of getting placed at Bloomberg, provided you crack the interviews brilliantly! In other words, access to Bloomberg gives you superiority like no other.
While most of you would argue that data and news is also available at other avenues, why should one look at Bloomberg for upgrading their knowledge? Well, here is the answer to this question. Bloomberg brings to you the latest news which is usually supported with relevant data. It also gives you amazing insights into related events that have occurred in the past and the understanding of the future predictions or estimates that other analysts have come up with. Bloomberg also helps students learn from simulated market environments which gives the students a real feel of how markets could be in reality. Learning how to use Bloomberg will likely open up an array of possibilities for students to compete in today’s financial market by having a competitive advantage over others.
Financial modeling and technical analysis of different levels are possible on Bloomberg. There are predefined models and tools available on the platform to take the student’s knowledge about finance, stocks, etc to an unimaginable next level.
Students can also bolster their knowledge by getting free access to the latest business magazine by Bloomberg, namely Bloomberg Business Week, where a lot of quality articles are published by renowned analysts and financial authors. This is possible for free if the college is empaneled with Bloomberg Business Week’s B-School Connection Program. Secondly, by integrating Bloomberg into the curriculum, the students get 24×7 access to what they search for on the platform; they get instant faculty support from Bloomberg’s experts who are available round the clock and in about 15 different languages, apart from all the technical supports that one may need.
In the words of BROOKE COBY, Head of Campus Recruitment, RBS Global Banking, “Students who graduate with Bloomberg experience gain a huge advantage in the early stages of their career.”
Author:
Prof Syed Hasan Jafar
Associate Professor,
Area Chair of Finance & Director of Bloomberg Lab