They also developed the questions, and finance was leveraged too from Bloomberg Charts and Graphs, as well as Bloomberg News to make sure accurate content is used. Applicants can decide to have their anonymous profile included in the Talent Search database after they have taken the Bloomberg Aptitude Test.
Recruiters make use of this database regularly to link candidates to internship and full-time roles. In , the Bloomberg Aptitude Test was first established as a three-hour-long exam. The assessment maintained the same scoring format but was reduced to a two-hour-long, multiple-choice question test, focused on analytical reasoning rather than terminology.
The present test is scored from a range of to points. Scoring of the Bloomberg Aptitude Test is also done by percentile ranking, comparing test takers worldwide for the test. News Analysis — 12 questions ii. Economics — 12 questions iii. Math Skills — 14 questions iv. Analytical Reasoning — 12 questions v. Financial Statements Analysis — 12 questions vi. Investment Banking — 12 questions vii.
Global Markets — 14 questions viii. Chart and Graph Analysis — 12 questions. The Bloomberg Ambassador program offers the BAT on university campuses, and recruits student ambassadors from their university as the delegates responsible for proctoring and holding test sessions.
The Bloomberg office locations also have available sessions. You can take all sessions at no charge for the first time. The Bloomberg Aptitude Test is provided as e-proctoring, in which someone is allowed to take the exam in a webcam environment.
The financial industry has developed tremendously in the previous years, and there has been an increasing demand for financial professionals in a specialized area of finance.
This has also become a difficult task for employers to assess candidates for their skills and knowledge on a goal-setting standard. Bloomberg Institute introduced the Bloomberg Aptitude Test in as a way to help students and experts evaluate their suitability for a career in finance.
The Bloomberg Aptitude Test has made a great deal of credibility within the few years of its existence and has become quite trendy among students looking to measure their abilities for a finance career. An increasing number of employers believe that the Bloomberg Aptitude Test is also a means to evaluate the suitability of an individual for a particular area of finance.
Here we would try to shed light on each of these sections to help gain a better understanding of these areas:. The remaining four sections are developed to test for skills needed for finance-oriented roles.
Here we would provide a brief introduction to the content of each of these sections:. Bloomberg terminals across universities in more than 60 countries offer BAT, making it highly accessible for an average student. After completing the exam, student scores are listed on the Bloomberg Institute Talent Search database, which can be accessed by prospective employers from the Bloomberg website or Bloomberg Professional Service from almost any part of the world.
It is also important to note that the database does not reveal complete details of individuals and offers only selective information. Potential employers usually search for prospects based on many parameters, and on finding an interesting prospect, they can request the details of the candidate. It is only on the approval of the candidate that additional information could be made available.
This gives rare freedom of choice to test participants, allowing them to choose who can access their information. If they retake the test, earlier and updated scores are recorded to let users track progress made over time. Another unique advantage afforded by BAT is that people from non-financial backgrounds who might not find finance an interesting field, not feel confident enough, or do not know how to begin working on necessary skills or look for opportunities can sit for the BAT exam and answer these questions for themselves.
They would not only be able to assess their skills and capabilities in specific areas of finance but could also be approached by potential employers with some attractive opportunities. Some such employer-employee matches have been facilitated through BAT, which might not have been possible otherwise. Top scorers could also be invited to the Bloomberg Summer Intern Challenge, which features international panels and offers interesting networking opportunities for participants.
Many past participants recommend taking the test simply to find out whether one has what it takes to be in finance and for the kind of career opportunities it might afford in terms of internships and entry-level positions with investment banks, hedge funds , or insurance companies. Some fields may not make sense in a university setting, don't worry about it and just fill something in.
When asked if you want a copy of the Bloomberg Magazine, decline the offer! It will just be sent to the library and we already get several. This is your guide to the Bloomberg Essentials curriculum.
Summary of Courses. You have the option to certify in Fixed Income, Equity, Foreign Exchange, or Commodities, taking and passing up to 8 classes total the 4 "Core" courses and then one "Market Sector" course for each certification. To certify, you need to pass the Core exam and one Market Sector exam.
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