What is Bloomberg?
The Bloomberg Lab at UTC brings the real world of finance into the classroom, exposing students to the industry-leading Bloomberg Professional® service and giving them an edge when they enter the workplace. The Bloomberg Professional® service is the most powerful and flexible platform used by financial professionals who need real-time data, news and analytics to make more informed business decisions. The system provides news, financial analysis, and historical data for over 67,000 publicly traded companies in over 129 countries and 250 exchanges. Bloomberg market coverage includes: governments, corporate, mortgages, money markets, municipals, equities, commodities, indices, currency, and derivatives.
Where is the Bloomberg Lab located?
To access Bloomberg, you must use the terminals in the Bloomberg Lab in Fletcher Hall 321. The Lab provides terminals, detailed instruction manuals, and live customer support 24/7 from Bloomberg Financial Data Assistants, in more than 15 languages. The Bloomberg Lab also has student proctors available to assist you one-on-one during lab hours.
Become Bloomberg Certified!
Using the Bloomberg Essentials Online Training Program, students can become certified in Equities, Fixed Income, Foreign Exchange, and/or Commodities. Understanding the resources available through Bloomberg is an invaluable tool for finance and other business majors, greatly enhancing class work. Students can use Bloomberg to perform research on companies, markets, countries, and economies, while learning how to analyze financial markets, assess economic scenarios, and interpret developments that impact the global economy.
Why Get Bloomberg Certified?
With at least 250,000 Bloomberg terminals being used by investment professionals around the world, it’s important for students to have a broad and deep understanding of trading, investing and economics. Corporate recruiters are seeking candidates with competitive technical and financial technology skills, and in an increasingly competitive market The Bloomberg Essentials Online Training Program gives them the information and insight necessary to contribute as securities professionals right from the beginning.
Who is Eligible?
Faculty, staff, and students currently enrolled at the University of Tennessee at Chattanooga are eligible to use the Bloomberg Professional® service and enroll in the free Bloomberg Essentials Online Training Program.
Bloomberg Self-Paced Training
Undergraduate students in FIN3210, FIN4120, and FIN4210 will be required to complete one or more sections of the Bloomberg Essentials Online Training Program during the semester in which they are enrolled in the course. Graduate students in FIN5180 will be required to complete the certification process in its entirety. Other students in any major may receive Bloomberg training at his or her pace. To complete the training, students may access the terminals in the Bloomberg Lab in Fletcher Hall room 321, during lab hours. A detailed manual giving step-by-step instructions on the self-paced training is available at the terminal, explaining account registration, playing videos, taking exams, and requesting your Acknowledgement of Completion.
You have the option of obtaining an Acknowledgement of Completion in up to four market sectors: Equities, Fixed Income, Foreign Exchange and/or Commodities. To earn an acknowledgement in any of the four market sectors, you must first watch four core videos (Getting Started, Bloomberg News, Market Monitors and Launchpad, and API), and then one of the market sector videos (Equity Essentials, Fixed Income Essentials, FX Essentials, and Commodity Essentials). The Core videos will familiarize you with basic Bloomberg functionality, while the supplemental Market Sector videos will introduce you to market fundamentals.
To become Bloomberg Certified in all four market sectors, you must watch the four core videos and the four market sector videos, and pass the one core exam and all four market sector exams; i.e., watching a total of eight videos and taking a total of five exams. At a minimum, you can earn an acknowledgement in one market sector area by watching five videos (four core videos and one market sector video), and by passing two exams (one core exam and one market sector exam).
To earn your certification in all four market sectors, it will take approximately 8 hours. It takes an estimated total of 1 ½ hours to watch all four core videos. The core exam is 35 questions and will take approximately one hour to complete. Each market sector course takes about 1 ½ hours to complete: the video is approximately 30 minutes, and each exam will take approximately one hour to complete. Thus, to earn your certification in one market sector, it will take approximately four hours.
Strict Passing Requirements
A grade of 75% or greater must be achieved on each exam in order to pass. If your score is lower than 75%, you cannot retake an exam. You are strongly encouraged to take the time you need to explore the system and practice before taking the exams.
Bloomberg Lab Availability
- Monday 9:00 am - 5:30 pm
- Tuesday 12:00 pm – 9:00 pm
- Wednesday 9:00 am – 9:00 pm
- Thursday 12:00 pm – 9:00 pm
- Friday 9:00 am – 5:00 pm
- Saturday 10:00 am – 2:00 pm
- Sunday Closed
Usage is on a first come basis, second only to faculty and departmental use. Sessions are limited to two hours per student, unless there are no other students waiting for a terminal.
Bloomberg Terminal Assistance
Bloomberg Lab Proctors are available to offer a brief introduction on the use of the terminal. They are not available to provide extensive hands-on assistance to each Bloomberg user, but will attempt to give limited assistance when possible.
For further information about the Bloomberg Lab, please contact:
Sandra Cordell, Coordinator, Finance for the Future Initiative