Bloomberg Assessment

7/29/2019 Bloomberg Assessment

1/13

OURSELF

DISTINGUISH

BloombergAssessmentTHE

BOOSTAND


2/13

THEBloombergAssessment

Page2of13

OVERVIEW

A new, global, standardized assessmentmeasuring financial knowledge and a variety of skills and

abilitiesrelevanttotheworldofprofessionalfinance.

Tobetakenprimarilybyundergraduatestudents(preMBA)aroundtheworld,whowanttoapplyforaninternshiporentrylevelpositioninthefinancialservicesindustry.

VALUEPROPOSITION

EMPLOYERSTheBLOOMBERGASSESSMENTwillhelpemployersscreentheiroverwhelmingnumber

ofentrylevelapplicantsmoreefficiently,consistentlyandobjectively,andwillhelppromotefairness,

diversity and meritocracy. Employers will also beable to reach talented candidates outside their

traditional recruiting channels. The BLOOMBERG ASSESSMENT may help reduce overall recruiting

costs.

STUDENTSTheBLOOMBERGASSESSMENTwillhelpstudentsdemonstratetofinancialemployersthatthey are strong potential recruits, adding a powerfuldatapoint to theireducationaland personal

background.

UNIVERSITIESTheBLOOMBERGASSESSMENTwillhelpuniversitiesdemonstratethequalityoftheirstudents, assess/improve their own finance curriculum, and help facilitate student placement in

financialcareers.

TESTDESCRIPTION

Threehourcomputerbasedtest,administeredinpersonatpartneruniversitiesandBloomberg

officesaroundtheworld.

Approximately150multiplechoicequestions,includingBloombergscreens,chartsandfunctions,

emphasizingthereallife,practicalaspectofthetest.

Twosections:(i)Knowledge:willassessbasiceconomicandfinancialknowledge,and(ii)Skillsand

Abilities:math,verbal,ethicsandanalyticalreasoning.

AllquestionsandanswerswillbeinEnglish.

Studentswillberankedrelativetotheirpeers(e.g.,nonfinancestudentswillbecomparedtoother

nonfinancestudents)acrosseachcontentarea.

Employerswillhaveaccesstothedatabaseoftestresultsandparticipantsonananonymousbasis.

Identifiableinformationwillbeprovidedforafee,uponstudentpermission.

ThereiscurrentlynofeetotaketheBLOOMBERGASSESSMENT.


3/13


Page3of13

MILESTONES

6,000+studentshaveregisteredfortheBLOOMBERGASSESSMENT

3,000+studentshavetakentheBLOOMBERGASSESSMENT

75+participatingcolleges/universitiesglobally

STARTTODAY!

ParticipatinginthebetaversionoftheBLOOMBERGASSESSMENToffersawidevarietyofimmediate

benefitstotheschoolanditsstudents.

StudentsgetasneakpeekattheBLOOMBERGASSESSMENTbeforeitofficiallylaunchesinQ22011

Studentsreceivevaluableinformationabouttheirstrengthsandweaknesses,relativetotheirpeersintheU.S.andaroundtheworld

Universitiesreceiveafreeassessmentreportthatcontainsimportantdataaboutstudentperformance,bothonawholeandinrelativeterms.Thesereportsindicateoverallandper

topicrankings(e.g.,financeknowledge78thpercentile,verbalskills83

rdpercentile)

UniversitiesjoinaprestigiousgroupofworldwideuniversityBLOOMBERGASSESSMENTpartnerswhoareactivelyinvolvedinhelpingtoguidetheBLOOMBERGASSESSMENTduringits

betaphase.Theseschoolsinclude:CornellUniversity,DukeUniversity,HongKongUniversityandtheUniversityofCambridge,tonameafew

Studentsgainimmediateaccesstoacuttingedgerecruitingtoolthatisalreadyavailabletosomeoftheworld'sleadingfinancialinstitutions

RegisterNOWthroughwww.bloomberginstitute.cominoneofthefollowingsessions:

Tuesday,March2909:00amto12:00pm Tuesday,March2910:00amto01:00pm Tuesday,March2901:00pmto004:00pm


4/13


Page4of13

ImportantRegistrationTips:

1. Privacy:ifyoucheckthisbox=youDONTwantyourassessmentresultstobesharedwith

Bloombergoritsclients.

2. Testlocation:SelectAfrica,Egyptandoneofthebelowtimings/locations.Savethedate,time&placeoftheassessment!


5/13


Page5of13

SAMPLESTUDENTREPORTRegistered users (e.g. employers, universities, etc.) may search the BLOOMBERG ASSESSMENT

databaseforcandidatesbasedonscoreperformanceandbasicdemographicdata.Asshowninthe

sample report below, a students profile is anonymous and scores are based on relative rankingswithinpeergroups.


6/13


Page6of13

SAMPLESCHOOLREPORT(page1)Participatingcolleges/universitieswhosend their students through theBLOOMBERGASSESSMENT,

will receive a report summarizing the schools performance (individual student scores will not be

disclosed).Peerrankingsacrossgeographicregionsandareaofstudy(businessvsnonbusiness)will

alsobeprovided.


7/13


Page7of13

SAMPLESCHOOLREPORT(page2)


8/13


Page8of13

SAMPLEFINANCEQUESTIONS

ECONOMICS

FINANCIALSTATEMENTSREPORTING&ANALYSIS

VALUATION


9/13


Page9of13

SAMPLEFINANCEQUESTIONS(cont.)

INVESTMENTBANKINGCORPFINANCE&FINANCIALADVISORY

INVESTMENTBANKINGCAPITALMARKETSISSUANCE/SYNDICATION

GLOBALMARKETS


10/13


Page10of13

SAMPLEFINANCEQUESTIONS(cont.)

INVESTMENTMANAGEMENT


11/13


Page11of13

SAMPLENONFINANCEQUESTIONS

VERBAL


12/13


Page12of13

SAMPLENONFINANCEQUESTIONS(cont.)

MATHAmobilephonemanufacturerhasfixedcostsof$100,000permonth.Theperphoneproductioncost

istypically50%ofthemanufacturer'ssuggestedretailprice,whilephonesnormallysellfor$60aftera

discount of 25% off the manufacturer's suggested retail price. How many phones does the

manufacturerneedtosellpermonthtobreakeven?

(A) 1,000phones

(B) 2,000phones

(C) 5,000phones

(D) 10,000phones

ANALYTICALREASONINGThefollowingdiagramrepresentsvariouscategoriesofexperts:

1.AccordingtoabovediagramwhichofthefollowingstatementsisCORRECT?

(A)Allscientistswhoarehistoriansarealsomathematicians

(B)Therearesomemathematiciansthataremagicians

(C)Therearesomehistorianswhoarealsoeconomists

(D)Alleconomistsareeitherscientistsormathematicians


13/13


Page13of13

SAMPLENONFINANCEQUESTIONS(cont.)

ETHICS

You are a recent graduate with a business and finance degree. Looking for a job you find an

opportunity to work for a small bank that provides short term loans. After some research you

discoverthatthemajorityofthecompanyscustomersareindividualswhoaregenerallyonweekly

wages and oftenhaveabad credit history.You alsodiscover thatmostof their short term loans

averageanAPRof2680%.Theseloansaredesignedfornolongerthan4weeksandhaveamaximum

amountof1000.Moreover,theinformationprovidedtoclientsabouttheseloanscharacterizethe

loansasaneasyandflexiblewaytobridgeshorttermfinancialshortfall,meanwhilefailingtoclearly

state the terms and conditions such as APR and other fees/penalties for late repayments. What

shouldyoudo?

(A) You take the job because you need to think about your own career and financial

commitments.

(B) Youtakethejobbecausecustomershavealltheinformationanditisnotillegaltoprovidesuchfinancialservices.

(C) Youdonottakethejobbecauseyoubelievethesepracticesareexploitativeandaformofloansharking.

(D) Youdonottakethejobandcallthefinancialauthoritiesbecauseyoubelievethesepracticesaresoharmfulthattheywarrantimmediateinvestigation.

Bloomberg Assessment

Documents

Transcript of Bloomberg Assessment