One of the big selling points for the SMF program for me was the technology and the tools that would be at my disposal for learning and schoolwork. In my undergrad, I was able to use it once and loved that experience and couldn’t wait until I had one at my disposal. I finally got my hands on my first one recently.
The Bloomberg Terminal: The most powerful financial research and database in the world.
A massive data stream, unparalleled in scope and depth, delivered to your desktop in real time. Along with data, the Bloomberg Professional® provides access to all the news, analytics, communications, charts, liquidity, functionalities and execution services that you need to put knowledge into action.
Dr. Pinteris had one of the Bloomberg representative’s come in and provide more or less a crash course in the technology. He briefly covered how powerful the terminal was. You can do anything from look up historical bond yields to exclusive news stories to dividend discount models for any of the 410,000 equities. The rep added that there are so many functions that he doesn’t know all of them.
In the past week, I’ve spent 6 hours working on the terminal. Working at this point with my frame of mind is more like playing though. I just sit there, watch instructional videos and go into functions to learn more and obtain a better feel. It is an important skill to have because in the Investments community, knowledge of Bloomberg is essential. Having the navigational skills on the terminal before entering the job market will give a boost to my marketability.