Bloomberg Aptitude Test

The Bloomberg Aptitude Test (BAT) is an aptitude test owned, published, and developed by Bloomberg Institute - an educational division of Bloomberg LP. It is used by employers in the business world to evaluate employment candidates.[1][2][3][4] The exam tests individuals on their ability to think critically on financial topics and the results are used to measure their level of readiness for a career in business related fields.[5] The exam is administered in 58 countries on university campuses[6] and reaches out to employers on a global scale. It was first introduced as the Bloomberg Assessment Test, then changed into the Bloomberg Aptitude Test in 2013 as to reflect its ability in measuring innate financial potential and career skills rather than technical know-how and learned knowledge.[7] It is now discontinued and replaced by a paid service called Bloomberg Market Concepts [8]

Bloomberg Aptitude Test
Bloomberg Aptitude Test

Background and Scoring

The BAT was first introduced in 2010 as a three-hour-long exam. In 2013, the test kept the same scoring format but was shortened into a 2 hour long, 100 multiple choice question test that is tailored with a focus on analytical reasoning rather than terminology. The current test is scored from a scale of 200-800 points.[9] Scoring also include percentile ranking which compares test takers globally for the same exam. All BAT scores are integrated into the Bloomberg Terminal. The BAT currently has these eight sections:[10] [News Analysis (12 questions), Economics (12 questions), Math Skills (14 questions), Analytical Reasoning (12 questions), Financial Statements Analysis (12 questions), Investment Banking (12 questions), Global Markets (14 questions), and Chart and Graph Analysis (12 questions)].

Campus Proctoring

The Bloomberg Aptitude Test can be taken on university campuses through the Bloomberg Ambassador program. The ambassador program recruits student ambassadors from their university as the representatives responsible for proctoring and holding test sessions. Sessions held on campus may be requested by the university staff or their students. Sessions are also available at the Bloomberg office locations. All physical sessions can be taken at no charge for the first time.[11]

E-Proctoring

E-Proctoring allows for the exam to be taken in a webcam proctored environment.

References

  1. ^ http://hspeight.wordpress.com/2013/03/15/bloomberg-aptitude-test/
  2. ^ Bloomberg L.P.
  3. ^ http://about.bloomberginstitute.com/about-us/
  4. ^ http://www.insidehighered.com/news/2012/06/01/bloomberg-tests-student-chops-financial-jobs
  5. ^ http://felixonline.co.uk/?article=748
  6. ^ http://www.stanforddaily.com/2013/01/30/lambda-theta-nu-hosts-bloomberg-assessment-test/
  7. ^ http://www.investopedia.com/articles/professionaleducation/12/bat-for-your-financial-career.asp
  8. ^ https://www.bloomberg.com/professional/product/bloomberg-market-concepts/
  9. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2013-12-12. Retrieved 2013-07-07.CS1 maint: Archived copy as title (link)
  10. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2013-07-18. Retrieved 2013-07-07.CS1 maint: Archived copy as title (link)
  11. ^ http://som.gmu.edu/blog/sombuzz/2013/04/02/the-bloomberg-aptitude-test-bat-is-coming-to-campus/
731 Lexington Avenue

731 Lexington Avenue is a 1,345,489 sq ft (125,000.0 m2) glass skyscraper on Lexington Avenue, on the East Side of Midtown Manhattan, New York City. Opened in 2004, it houses the headquarters of Bloomberg L.P. and as a result, is sometimes referred to informally as Bloomberg Tower. The building also houses retail outlets, restaurants and 105 luxury condominiums. The residence section of the building is known as One Beacon Court and is served by a separate entrance.731 Lexington Avenue is a 55-story building with a roof height of 806 ft (246 m). As of January 2019, it is the 30th-tallest building in New York City and the 61st-tallest building in the United States.The building occupies the former site of an Alexander's department store and is owned by the Alexander's real estate investment trust, the successor to the defunct retail chain.

Bloomberg Beta

Bloomberg Beta is an early stage venture capital firm with $150M under management, capitalized solely by Bloomberg. The fund exists to expand Bloomberg’s horizons by investing in companies that make business work better, with a focus on machine intelligence. Bloomberg Beta was recognized by VC review site CB Insights as the #2 investor in AI. The firm invests purely for financial return. Led by Roy Bahat, a technology business operator and entrepreneur, Bloomberg Beta has an unconventional investing model where anyone on the team can say yes to a deal. The investing partnership has an equal male-to-female ratio.The fund launched in June, 2013 with $75 million of funding from Bloomberg L.P.Bloomberg Beta is headquartered in San Francisco, California, with additional operations in New York City.

Bloomberg Businessweek

Bloomberg Businessweek is an American weekly business magazine published since 2009 by Bloomberg L.P. Businessweek, founded in 1929, aimed to provide information and interpretation about events in the business world. The magazine is headquartered in New York City. Megan Murphy served as editor from November 2016; she stepped down from the role in January 2018 and Joel Weber was appointed in her place.

The magazine is published 47 times a year.

Bloomberg Government

Bloomberg Government is a division of Bloomberg BNA that provides data-driven decision tools, news, and analytics in a digital workspace for professionals who influence government action.

Bloomberg L.P. v. Board of Governors of the Federal Reserve System

Bloomberg L.P. v. Board of Governors of the Federal Reserve System, 1:08-cv-09595, was a lawsuit by Bloomberg L.P. against the Board of Governors of the Federal Reserve System for disclosure of information about banks and other financial institutions that had borrowed from the Federal Reserve discount window during the United States housing bubble and ensuing financial crisis.

During the financial crisis, the U.S. Congress, Federal Reserve, Treasury Department and Federal Deposit Insurance Corporation, developed the Emergency Economic Stabilization Act of 2008 to shore up financial institutions by purchasing mortgage-backed securities, and loaning cash directly to banks and bank holding companies. Many of the distressed banks would not come forward to accept such loans publicly for fear of a bank run and loss of investors. As a result, the Federal Reserve developed a program for those banks and financial institutions to access the discount window which is not normally subject to publication.

As part of investigative reporting conducted by journalists Mark Pittman and Bob Ivry, Bloomberg L.P. was denied a request to the Federal Reserve, under the Freedom of Information Act, for disclosure of borrower banks and their collateral. Subsequently, a lawsuit was filed with United States District Court for the Southern District of New York on November 7, 2008 in order to force disclosure.

On August 24, 2009, Chief U.S. District Judge Loretta Preska ruled that the Federal Reserve had until September 14 to disclose the information. Later, on August 27, the court agreed to the Fed's request to delay implementation of a ruling until the Court of Appeals acts on its appeal. It was given until no later than September 30, 2009 to obtain an appeals authorization. The case was successfully appealed to the United States Court of Appeals for the Second Circuit.March 19, 2010, a unanimous three judge panel of the appeals court ruled the Federal Reserve Board must release the documents. May 4, 2010, the Federal Reserve Board and The Clearing House Association L.L.C. appealed for a rehearing however, August 20, 2010, the United States Court of Appeals for the Second Circuit denied both requests. August 26, 2010, the Board filed a request to stay the judgement for appeal to the U.S. Supreme Court. On August 26, 2010, the court agreed to delay implementation of the ruling until October 19 so that the Fed may appeal to the Supreme Court.The case was appealed but ultimately rejected on March 21, 2011. The Federal Reserve was required to release the data within five days to Bloomberg L.P.

Bloomberg Markets

Bloomberg Markets is a magazine published six times a year by Bloomberg L.P. as part of Bloomberg News. Aimed at global financial professionals, Bloomberg Markets publishes articles on the people and issues related to global financial markets. Bloomberg Markets, which is based in New York City, has readers in 147 countries. More than half of its readers live outside the U.S.As of December 2011, the magazine had a circulation of 375,000 and was available for sale at bookstores and selected newsstands. All subscribers of the Bloomberg Professional service and the Bloomberg Terminal also receive Bloomberg Markets as part of their subscription. Newsstand sales averaged 6,154 in 2010.

Bloomberg TV Bulgaria

Bloomberg TV Bulgaria is a Bulgarian television channel with focus on economics which was launched on 19 October 2015.The television is part of Bloomberg's international channel group and is owned by Investor TV Ltd. (Investor TV EOOD), a subsidiary of Investor.BG EAD (part of the TIM holding)

which also includes the national TV channel Bulgaria ON AIR (called MSAT in former times), as well as the "Investor Media Group" online platforms like Investor.bg, Today.bg, Imoti.net, Puls.bg, and others.

The channel focuses on economic and financial news, market information, and interviews and business analyzes from Bulgaria and the world. It also broadcasts original Bloomberg Television productions, including success stories, documentaries and economic broadcasts. It presents news from the markets in daily direct contact with journalists, experts and analysts at Bloomberg in London, New York, Hong Kong and Tokyo.

Bloomberg Technology

Bloomberg Technology, formerly called Bloomberg West, is an American television show produced by Bloomberg Television. Andy Lack, chief executive officer (CEO) of Bloomberg Media Group launched Bloomberg West in 2011.The show focused on the topics of technology, innovation and business and was hosted by Emily Chang and Cory Johnson.

Before coming to Bloomberg Television, Chang was a CNN television host in Beijing. Co-host Cory Johnson, ran a hedge fund and reported on Silicon Valley for CNBC before joining Bloomberg Television.From its start in 2011, the show was recorded in Bloomberg’s San Francisco studio and aired daily at 6:00pm EST.Bloomberg West was named Bloomberg Technology as part of the launch of Bloomberg Technology as a "multi-platform brand" on October 5, 2016.

Bloomberg Television

Bloomberg Television (typically referred to on-air as simply Bloomberg) is an 24-hour American-based international cable and satellite business and capital market television channel, owned by Bloomberg L.P. It is distributed globally, reaching over 310 million homes worldwide. It is headquartered in New York City, with European headquarters in London and Asian headquarters in Hong Kong.

Bloomberg Tradebook

Bloomberg Tradebook, LLC., the agency broker of Bloomberg L.P., serves global investment advisors, money managers, hedge funds, proprietary desks and broker dealers, with access to global trading venues, proprietary trading algorithms, execution consulting services, pre-and-post trade analytics and independent research.Through a trading platform integrated with the Bloomberg Professional service, Bloomberg Tradebook provides its customers with direct market access (DMA) to more than 110 markets and global trading solutions for equities, futures, and options across 44 countries, as well as 43 currency pairs. Tradebook offers over 55 proprietary algorithms designed for each asset class and market.

Charles Zegar

Charlie Zegar (born 1948) is an American billionaire and computer scientist known for being one of the four co-founders of Bloomberg L.P.

Duncan MacMillan (businessman)

Duncan MacMillan is an American mathematician, philanthropist, and businessman known for being one of the four founders of Bloomberg L.P. MacMillan is not to be confused with Whitney Duncan MacMillan, who inherited his billions in agribusiness.

John M. Longo

John M. Longo is an American investment strategist, portfolio manager, educator, editor, speaker and author.

John Micklethwait

Richard John Micklethwait (born 11 August 1962) is editor-in-chief of Bloomberg News, a position he has held since February 2015. A British journalist, he was previously the editor-in-chief of The Economist from 2006 to 2015.

Justin B. Smith

Justin B. Smith (born August 13, 1969) is an American businessman and chief executive officer of Bloomberg Media Group. Prior to joining Bloomberg, Smith worked for Atlantic Media, The Week magazine and The Economist.

Matthew Winkler (journalist)

Matthew Winkler (born June 1, 1955) is an American journalist who is a co-founder and former editor-in-chief of Bloomberg News, part of Bloomberg L.P. He is also co-author of Bloomberg by Bloomberg and the author of The Bloomberg Way: A Guide for Reporters and Editors.

Thomas Secunda

Thomas "Tom" Secunda (born 1954) is an American business executive, best known as one of the original four co-founders of Bloomberg L.P. and current vice chairman.

United States Patents Quarterly

The United States Patents Quarterly (U.S.P.Q.) is a United States legal reporter published by the Bureau of National Affairs in Washington, D.C. The U.S.P.Q. covers intellectual property cases including patents, copyrights, trademarks, and trade secrets, from 1913 to the present. The publisher stopped the sequence of volume numbers and restarted with a second series, cited as U.S.P.Q. 2d (BNA), in 1987.

The U.S.P.Q. reports case law from the United States Supreme Court and most federal appeals courts, including the Court of Appeals for the Federal Circuit, United States Court of Federal Claims, and United States Court of Customs and Patent Appeals. It also includes cases from United States District Courts, and certain decisions from administrative tribunals, such as the Trademark Trial and Appeal Board, the Board of Patent Appeals and Interferences, the United States International Trade Commission and the Commissioner of Patents and Trademarks, and opinions from state courts.The reporter is published with a digest in cumulative and annual volumes. The digests have headnotes from the opinions and are organized according to a classification scheme. The digests are published with cases of tables organized alphabetically and by tribunal, and with a topical index.The cases reported in the U.S.P.Q. are available through many commercial services, including LexisNexis and Westlaw. However, the U.S.P.Q. editorial enhancements such as the headnotes and classification system are proprietary to and available only through Bloomberg Law and Bloomberg BNA (Bureau of National Affairs).

WNBP

WNBP (1450 AM, 106.1 FM) is a radio station licensed to serve Newburyport, Massachusetts, United States and serving the Boston market. The station is owned by Bloomberg L.P.. The station carries financial news from Bloomberg Radio. WNBP is simulcast on a 90-watt FM translator at 106.1 MHz, W291CC, transmitting from Amesbury.

The station was assigned the WNBP call letters by the Federal Communications Commission on January 18, 1991.

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