Business School Buys a Bloomberg Terminal
Release Date: 11-12-2010
Students at the University of Vermont School of Business Administration are banking on success - literally.
The School recently purchased a Bloomberg Terminal that is housed in Kalkin Hall but open to all students. Bloomberg is a computer system that enables financial professionals to access, monitor, and analyze real-time financial market data movements and place trades. Bloomberg officials boast that virtually every trading desk, back office, and private investor uses the terminal for market intelligence. Students will now be exposed to the same resources as those financial professionals.
"In the classes that we're doing, having the information on all one database where you can go in and sign on and have all of that access is really good for research," said Negin Dalpour, a senior Business Administration student concentrating in Finance.
"I think the Bloomberg is going to be a big help, not only for me, but other students as well because it's a great resource," said Peter Cesiro, a senior Business Administration student concentrating in Marketing.
The School of Business held several training sessions for students to learn how the system works, more sessions are currently being planned. Students can also take part in the Bloomberg certification program, which consists of four core videos that range from 15-30 minutes followed by an exam. A grade of 75 is needed to pass each portion. Students who successfully complete the exams will receive the certification.
"Having on-campus access to a Bloomberg terminal will give our students an advantage on the job market," said assistant professor Hugh Marble, of the School of Business Administration. "Students from the Business School and from other parts of campus have asked me about Bloomberg because potential employers asked them about it. Students benefit directly from premium access to business information and news. They further benefit because of the practical experience of actually using a Bloomberg before graduating."
"I think it's going to be great to know how to use it and I think the students who get the training and get certified are going to be able to put it on their resumes and it's going to look great," Dalpour said.