Over Ninety Percent of Graduating Finance Students Achieve Bloomberg Certification
Senior finance students are utilizing their new Bloomberg certifications for their final presentations in their Advanced Investments classes.
The students passed their certification tests during a visit to Bloomberg’s Boston office in April. Most large financial firms subscribe to the Bloomberg Professional service, which provides real-time financial data and other news and information and allows trading. Users access Bloomberg Professional through Bloomberg Terminals.
“Bloomberg’s overall offering is not just a nice-have but a must-have for a college that offers an innovative curriculum that inspires and challenges students in an ever-changing world,” said Mary Papazian, assistant professor of finance, whose two classes visited Bloomberg.
The students will put to use their new skills in the Advanced Investments and Corporate Finance courses that Papazian teaches. She joined the faculty a year ago after 20 years working in corporate finance, asset-liability management, foreign exchange trading and investment advising. She was a senior vice president at Silicon Valley Bank and a vice president for Fleet Capital Markets at the former Fleet Bank.
Forty students visited Bloomberg’s Boston office “to learn about a real-world tool in a real-time environment with hands-on training in capital markets,” Papazian said.
With Bloomberg certification, they can perform research on companies, markets, countries and economies. Bloomberg offers certification in four market sectors: fixed income, equities, foreign exchange and commodities; the majority of Girard students became certified in all four.
“This certification will improve their skill-set upon entering the job market,” Papazian said.
“Bloomberg workstations provide business students with the tools and data they need on one single platform,” she said. The Bloomberg analysts’ reports and research, economic statistics, credit rating information and country information will allow these students to “transform their approach to research and analytics.”
To receive the Bloomberg certification, the students watched at least four hours of Bloomberg’s basic tutorials to become familiar with Bloomberg functionality and a training tutorial on one of the four market sectors. They had to take and pass an exam on the core areas and then another exam on one of the market sectors.
The Bloomberg office visit on Summer Street in Boston was paired with a luncheon that day at the U.S. headquarters of Standard Life Investments, a Scottish asset management company, at One Beacon Street. Jack Boyce ’81, head of U.S. distribution for Standard Life, hosted the luncheon. Students also heard from four other Standard Life employees on their career paths in investment, equity trading, credit and global high yield.
Half the students attended the certification program in a morning session, half in the afternoon.
Accounting and Finance students networked with alums and other local professionals through career events held on campus last week in preparation for this week’s Accounting and Finance Career Fair.
SHRM, the world’s largest HR professional society, acknowledges that Merrimack’s HR curriculum fully aligns with SHRM’s HR Curriculum Guidebook and Templates.