why should i do the bloomberg terminal course?

by Nola Rogahn 7 min read

The Bloomberg Terminal is used by financial institutions and corporations all over the world to make critical decisions about risk, investments and markets. Bloomberg has developed ways to help you gain the all-important experience of the Bloomberg Terminal that will help set you apart for potential employers. Get Bloomberg certified

The Bloomberg Terminal is used by financial institutions and corporations all over the world to make critical decisions about risk, investments and markets. Bloomberg has developed ways to help you gain the all-important experience of the Bloomberg Terminal that will help set you apart for potential employers.

Full Answer

How to learn Bloomberg Terminal?

Bloomberg Market Concepts (BMC), also known as Bloomberg Certification, is a self-paced e-learning course that provides a visual introduction to financial markets and the core functionality of the Bloomberg terminal.It takes ~8 hours to complete and progress is saved automatically. After finishing BMC, Bloomberg provides a "Certificate of Completion".

What is the Bloomberg Terminal and is it worth it?

The Bloomberg Terminal is the most in-depth research and trading platform for institutional investors. The amount of data available to subscribers is so vast that even people who’ve been using it for over a decade still have barely scratched the surface.

Can anyone buy a Bloomberg Terminal?

The city pays the standard rate for a single subscription to the terminal, officially known as Bloomberg Professional, including Bloomberg Anywhere access, which allows the customer to log in from other devices. Bloomberg is currently charging single-terminal subscribers $2,000 a month for two-year contracts.

How to become Bloomberg certified?

  • Discover the fundamentals of how economic indicators are published and analyzed.
  • Explain the qualities of good economic indicators.
  • Explore how economic indicators can be used to spot inflection points.

Is Bloomberg Terminal certification worth it?

While this can be a good education for you personally, it will not add much value to your resume. If you can take it for free through your school on a terminal, it is likely worth your time if you are not a finance major (or have not taken any finance courses yet).

What does Bloomberg certification teach you?

Bloomberg Market Concepts (BMC) is a self-paced e-learning course that provides an interactive introduction to the financial markets. BMC consists of 3 sections — Core Concepts (includes four modules – Economic Indicators, Currencies, Fixed Income, Equities), Getting Started on the Terminal and Portfolio Management.

Is the BMC course good?

It's a pretty good course – while it will not be ubiquitously useful to everyone, it will be a great option for those who are about to start their journey in finance. Read on to learn more!

What do you get with Bloomberg Terminal?

The Bloomberg Terminal delivers unparalleled coverage of markets and securities with information across asset classes — from fixed income to equities, to foreign exchange, commodities and derivatives — integrated in one place and delivered in real time to your desktop or mobile device.

How much does Bloomberg Terminal cost?

A Bloomberg Terminal subscription costs around $20,000 to $24,000 per year, but that does not stop its customer base from renewing their subscriptions because of how useful it is.

When was the Bloomberg terminal invented?

The Bloomberg Terminal officially made its debut in 1982, and the rest is history.

How many screens does Bloomberg Terminal have?

In a corporate setting, the Terminal runs on usually two, but sometimes four to six screens. In terms of hardware, to use the Bloomberg Terminal, you need a Bloomberg-native PC-style keyboard called the Starboard, which on top of your regular QWERTY keys, contains red, blue, green, and yellow keys for specific functions.

What is Bloomberg Map?

Bloomberg Map is essentially Google Maps, but more detailed and tailored to the finance industry. Using geospatial data, the map presents users with a visualization of natural disasters unfolding worldwide, so commodity trackers are aware of the impacts of natural disasters on commodities such as oil and gold.

Is Bloomberg Terminal a financial system?

The Bloomberg Terminal is not just a financial data system. It's also a social networking, shopping, and dining platform. Its biggest selling point is that it is an all-in-one service delivered with unbelievable speed and accuracy. No wonder those who use the Terminal cannot get enough of it.

Can you message someone on Bloomberg?

Those in the industry chat over Bloomberg Messaging, which is basically Facebook Messenger but on Bloomberg. It allows you to message anyone who is on the Terminal. This means that anyone in the industry can technically contact each other instantly.

Who is the founder of Bloomberg?

Bloomberg is one of the world’s largest financial news services, and its founder, Mike Bloomberg, is one of the richest people in the world. Much of the wealth he acquires comes from the Bloomberg Terminal, the indispensable computer software for many companies in ...

Terminal Training

Learn how to leverage the power of the Bloomberg Terminal. Discover how to access the Terminal both from home and from your university labs, set up your own personalised Bloomberg Launchpad and navigate news and charting functions.

Fixed Income Series

Equip yourself with the fundamentals of the fixed income market. The course will cover the basics of bonds, explain yields and curves, and provide you with an understanding of credit default swaps and interest rate derivatives.

The Weekly BQL Show

Get an introduction to Bloomberg Query Language (BQL), a way of veiwing and using Bloomberg data in Excel.

Bloomberg Technical Analysis

Get an introduction to key tools used in charting and technical analysis and learn how technical analysis can be leveraged for both the FX and equity markets.

Portfolio Management and Risk Analytics – Part 1

This two-part course will explain everything you need to know about PORT, our powerful Portfolio and Risk Analytics solution. Each webinar will tackle a specific topic or theme, starting with how to create your first portfolio, demonstrating key functions and culminating with an overview of advanced features available to enterprise users.

What is Bloomberg Market Concepts?

Bloomberg Market Concepts (BMC), also known as Bloomberg Certification , is a self-paced e-learning course that provides a visual introduction to financial markets and the core functionality of the Bloomberg terminal. It takes ~8 hours to complete and progress is saved automatically.

Enrolling in Bloomberg Market Concepts (BMC)

Any NYU student can take the BMC course at the Bloomberg terminal or on the Bloomberg for Education website at no cost.

Teach with BMC

Professor Accounts and Class Codes: Instructors who would like to require that their students complete BMC for a class can do so by requesting a professor account on the BMC website. A professor account allows you to set up class codes, invite learners to participate, track learner progress, and receive detailed score reports.

Teaching Beyond BMC

Sample Syllabi: Bloomberg maintains a list of syllabi from major research universities to help you integrate Bloomberg into your class.

What is Bloomberg Market Concepts?

Bloomberg Market Concepts (BMC) is an 8 hour self-paced e-learning course that provides a visual introduction to capital markets. BMC is recognized world wide, and will signal to prospective employers that you have attained a high level of competency in using the Bloomberg Professional Service as well as optimize job performance. The BMC course consists of 4 modules: Economics, Currencies, Fixed Income, and Equities. In order to receive your Acknowledgement of Completion, take and pass, with 75% or better, the core exam as well as at least one market sector exam.

What is the BMC course?

The BMC course consists of 4 modules: Economics, Currencies, Fixed Income, and Equities. In order to receive your Acknowledgement of Completion, take and pass, with 75% or better, the core exam as well as at least one market sector exam.

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Installation and Access

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There are two ways to begin using Bloomberg. The first is to subscribe to the Bloomberg service. You can do so by contacting them (general contact number is (212) 318-2000).1The representative you speak with can then take down details of what you are looking for and have someone from the sales team contact you. Pric…
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Basic Navigation

  • The Bloomberg terminal, from the perspective of the end-user, is a Windows-based application, making it compatible with the popular Excel program, a very important aspect of the system for those in the finance industry. Bloomberg also offers users access to the application online and through mobile devices, via its Bloomberg Anywhere service.4 For portfolio managers and broke…
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Economics

  • In addition to monitoring market indices and news headlines, the Bloomberg terminal can also be used to monitor economic forecasts and releases. By typing you can access the main economics page.16 This page gives a listing of all upcoming economic data releases, as well as consensus forecasts of what economists at major banks and brokerages are predicting those numbers will …
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Analyzing Securities and Currencies

  • In addition to monitoring news and markets, Bloomberg can also be used to analyze individual securities. In fact, the analytics available in Bloomberg are quite robust, and they cover a number of major asset classes including equities, fixed income, currencies, commodities, mutual funds and ETFs. This guide will attempt to cover some of the basic functions that are available. To lear…
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Tips and Tricks

  • Because Bloomberg has such a robust suite of analytics and market capabilities, getting the system to do what you want it to can be a challenge, at least until you become familiar with it. Fortunately, there are some tricks that can speed up your learning curve. Make use of the function: Bloomberg provides excellent customer support; make use of it by hitting the key whe…
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The Bottom Line

  • This basic guide to Bloomberg has provided an introduction to one of the most practical tools participants in the financial markets can use. Unfortunately, Bloomberg can be expensive, which means that having a home system may not be practical for many readers. On the positive side though, it is often possible to access a Bloomberg terminal through a public site such as a librar…
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