Bloomberg Skills for IB?

Hi all,

I was wondering what level of BloomBerg (terminal) skills one might need coming as a BB analyst/associate? What are those daily (or frequent) operations with Bloomberg does one use for a banking job? And what other information system (capital IQ, for example) experience is helpful too?

Thank you.

 

I'm pretty sure that the bank will train you on BB during your first week. Apart from that, you can always ask fellow interns and analysts if there is something you can't find. Also, there is always the BB help key which is a life saver when you don't want to look like an idiot,

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 

Bloomberg has amazing information, but the the way it presents it and the way it exports it are huge drawbacks. Not particularly user-friendly, as mentioned above. Does BB offer some sort of product that is cut from the mold of CapIQ, FactSet, etc.? They should venture into that business -- I think it would be wildly successful. Guess it would basically remove the need for BB terminals, but nonetheless...

 

CapIQ is awesome for comps and company info. Bloomberg is something you really just need to log hours on to truly appreciate. I sat on a terminal every day for my internship and absolutely love it. FactSet is great, but a lot of students don't get exposure to it at school. Reuters Plus is good also since a lot of places will have that along side or as an alternative to Bloomberg.

Never used Thompson, but thanks for the mention guys. I will put it on my list of things to start getting comfortable with. Oh, Moodys is great to be familiar with also.

 
Best Response

Laudantium itaque aut qui maiores sed animi. Qui aut eos illum libero culpa. Illum neque molestiae beatae aut praesentium molestiae.

Atque dolorum atque qui consequatur. Necessitatibus cupiditate itaque ut impedit. Dolorem labore qui voluptatem sequi et. Aliquam quis dolores necessitatibus.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”