UNIVERSITY INFORMATION PACK
BLOOMBERG INSTITUTE Bloomberg Institute is the educational branch of Bloomberg LP. The Institute has leveraged Bloomberg’s expertise in financial information and contacts in the finance industry to develop a test aimed at helping students and recent alumni connect with financial employers worldwide.
BLOOMBERG ASSESSMENT TEST The Bloomberg Assessment Test (BAT) is a global, standardized online test that has been developed in partnership with premier financial institutions and university faculties around the world. The BAT covers a range of subjects that evaluate financial knowledge and aptitude as well as career skills. Students who take the BAT uncover their strengths on various subjects and gain insight into which areas of finance may suit them best. After taking the BAT, students are entered into the Bloomberg Institute Talent Search, a tool being used by employers to identify candidates for entry level roles in finance. Employers have access to view student profiles on an anonymous basis, and may elect to contact students with testing profiles complementary to their available career opportunities. The BAT is a great way for your students to not only test their current knowledge, but also to define themselves as valued candidates to employers.
VALUE PROPOSITION EMPLOYERS The BAT will help employers screen their overwhelming number of entry-level applicants more efficiently, consistently and objectively, and will help promote fairness, diversity and meritocracy. Employers will also be able to reach talented candidates outside their traditional recruiting channels. STUDENTS The BAT serves as a learning tool for students, providing insight into financial career opportunities and individual strengths and weaknesses. Students receive valuable feedback on their BAT scores which can be used to promote individual strengths in interviews and on CVs. The BAT also allows students to view their abilities in comparison to the global average of test takers, thereby providing insight as to where they rank in comparison to the global talent pool against whom they will be competing for jobs. This information serves useful for identifying areas of study where one may want to improve and helps students to better focus their efforts. The BAT also allows students to demonstrate to financial employers that they are strong candidates for recruitment via the Bloomberg Institute Talent Search. UNIVERSITIES The BAT helps universities to demonstrate the quality of their students, assess/improve their own finance curriculum, and facilitates student placements with financial firms.
TEST DESCRIPTION THREE HOUR computer-based test, administered in person at partner universities and Bloomberg offices around the world. MULTIPLE CHOICE QUESTIONS emphasizing the “real life”, practical application of knowledge. All test questions and answers are written in English. ELEVEN SECTIONS of the test: 1) Economics 2) Financial Statements Analysis 3) Corporate Valuation 4) Investment Banking 5) Financial Markets 6) Investment Management 7) Verbal Skills 8) Math Skills 9) Analytical Reasoning 10) Situational & Ethical Judgment 11) Modeling Skills TALENT SEARCH used by financial employers. Employers have access to view student testing profiles on an anonymous basis via the Bloomberg Institute Talent Search. Students may connect with employers via the Talent Search if they are interested in discussing an employment opportunity. FREE of charge. There is currently no fee for students to take the BAT or to make their scores accessible to employers.
MILESTONES 75,000+ students have registered for the BAT 45,000+ students have taken the BAT 750+ participating colleges/universities globally
SAMPLE STUDENT RESULTS Registered users (e.g. employers, universities, etc.) may use the Bloomberg Institute Talent Search to find candidates for entry level full time and internship opportunities. The Talent Search stack ranks students based o n the skills needed for the role and the score performance of the students that meet that criteria . The Talent Search is designed to match student strengths with employer needs in order to provide the best fit candidates for the role.
GET INVOLVED Universities that take part in administering the BAT gain a wide variety of benefits: PROVIDE students access to robust employment opportunities via a cutting-edge recruiting tool that is available to some of the world's leading financial institutions ALLOW students to gain valuable information about their strengths and weaknesses, relative to their peers worldwide. JOIN a prestigious group of global University BAT Partners who are actively involved in helping to guide development of the BAT.
HOST A TEST SESSION Universities may host test sessions for their students on campus free of charge. Universities can organize as many sessions as they wish, choosing their preferred dates and starting hours. In order to arrange a test session on campus you must have the following: COMPUTER ROOM with fifteen or more computers. Please book out a room for four hours. Computers only need internet access (preferably Internet Explorer, Mozilla Firefox or Safari). No further technology is required. The BAT cannot be taken on student laptops. STUDENTS to take the BAT - we will send you marketing materials to encourage student participation. PAPER for students to work through test problems. Please make sure you provide scratch paper for the students. INVIGILATOR ACCESS Bloomberg Institute will provide an invigilator to administer the test. This person will need internet access in order to check students into the session. There must be a minimum of fifteen students attending the session in order for an invigilator to be provided by Bloomberg Institute. If you would like to provide your own invigilator we will train this person. COMPLETED BOOKING FORM to be sent back with the required information.
Contact: Clara Pinillos Bloomberg Institute EMEA E:
[email protected] T: +44-20-3525-8527