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Tuesday, 28 May 2024

Bloomberg Terminal at UKZN PMB

by Mbangiseni Eric Mchunu

What is Bloomberg?

The Bloomberg product is a computer software system provided by the financial data vendor Bloomberg L.P. that enables professionals in the financial service sector and other industries to access Bloomberg Professional Services through which users can monitor and analyse real-time financial market data, news feeds and messaging (Sharma & Elliott, 2015). The system also provides trading platforms and enables electronic trading of financial assets.

 



Where can you find the Bloomberg terminal on the Pietermaritzburg Campus?

One is at the Main Library, Cecil Renauld Library, and another two at the New Arts Building, 3rd floor.



How does Bloomberg help Finance students?

Bloomberg can be a valuable resource for finance students in several ways. Look below: -

  1. Access to real-time market data: Bloomberg provides students with real-time market data, allowing them to stay up to date on the latest financial news and trends.
  2. Tools for financial analysis: Bloomberg offers a range of tools for financial analysis, including charting, screening, and back testing. These tools can help students analyse financial data and develop investment strategies.
  3. Exposure to industry professionals: Bloomberg provides students access to industry professionals through its messaging and networking features. This can be an excellent way for students to connect with potential employers and learn more about career opportunities in finance.
  4. Preparation for professional certifications: Many professional certifications in finance, such as the CFA and FRM, require candidates to have experience using Bloomberg. Using Bloomberg in their coursework can help students gain valuable experience that will help them prepare for these exams.
  5. Bloomberg can be a valuable resource for finance students seeking real-world experience and developing their financial analysis and trading skills.

 

References

Bloomberg. (2020). Bloomberg business week debrief. Retrieved February 27, 2024. https://www.bloomberg.com/news/videos/2020-07-14/bloomberg-businessweek-debrief-betterment-s-jon-stein-video

Bloomberg, M., Winkler, M., & Winkler, M. (2019). Bloomberg by Bloomberg. Wiley.

Sharma, A., & Elliott, C. (2015). Use of Bloomberg professional in support of finance and economics teaching. Cogent Economics & Finance, 3(1). https://doi.org/10.1080/23322039.2015.1115618